Why India and Nepal Rank Low in Economic Freedom Index

Why India and Nepal Rank Low in Economic Freedom Index

Posted by: on Dec 10, 2012 | 6 Comments

On the face of it, economic freedom is a simple concept. However, it encompasses every aspect of an individual’s life. Economic freedom defines the standard of living and has a significant influence on the quality of life.

The History and Modern Forms of Baccarat

Posted by: on Nov 29, 2012 | No Comments

Which is the game whose dealings end up influencing the annual turnovers of major casinos across the globe? Which game is the favourite of the ‘high rollers’ or the casino’s crème de la crème? It is the game that was once a penchant for the French royalty and has been shown in most of the Bond movies. Yes, ladies and gentlemen, it is Baccarat.

Some of the Best Casinos Across the Globe – Part II

Posted by: on Nov 8, 2012 | 3 Comments

Casino gaming has a long and eventful history. The industry stops for breath once in a while, but its contribution to the inflow of tourists and foreign currency as well as tax revenues cannot be overlooked. Yes, it is continuously in the spotlight of government regulations, but an increasing number of countries are embracing the opportunities the casino industry has to offer.

More recently, Macau has become the epicenter of the global casino industry. However, visiting Las Vegas still remains the dream for most casino lovers. The EMEA (Europe, the Middle East and Africa) region also has its share of magnificent and exciting casinos.

In my previous article, which you can read here, I covered some of the best casinos in the Eastern part of the world. Here, I have described some of the most exciting casinos in Las Vegas and the EMEA region. There is also one casino from Nepal that finds a mention in this article.

Some of the Best Casinos Across the Globe

Some of the Best Casinos Across the Globe

Posted by: on Oct 30, 2012 | One Comment

Prior to the worldwide economic downturn, the global casino industry was surging ahead, seemingly unstoppable. Growth records were set between 2004 and 2008, with gross gaming revenues jumping 24% during these four years to US$358.0 billion.

Are the Ministries Gambling with Nepal’s Future?

Posted by: on Oct 8, 2012 | 3 Comments

Nepal’s Tourism Ministry, which had backed allowing Nepalese citizens to enter local casinos sometime back, has taken a summersault and back tracked completely. So much so that the ministry now seeks to put a ban on the entry of Nepalis into casinos, as stated in a draft released by the Ministry of Culture, Tourism and Civil Aviation (MoCTCA).

What Lies Between Nepal and Economic Growth?

Posted by: on Oct 5, 2012 | 28 Comments

Nepal is among the poorest nations in the world. It ranks 157 out of 187 countries on the Human Development Index, with approximately 25% of its population living below the poverty line. According a World Bank report, the country’s

Gambler’s Paradise: Top Casinos You Can Bet Your Money On

Posted by: on Jun 18, 2012 | No Comments

The thrill of legal gambling is known only to a select few. Moreover, a lot depends on the atmosphere of the casino, as it takes gamblers to an exalted state of mind. I will tell you about the top three casinos of the world that you definitely cannot afford to give a miss in this lifetime.

What is the Reason for Nepal’s Poverty?

Posted by: on Nov 4, 2011 | 5 Comments

Nepal is among the world’s poorest countries. Poverty in this small nation is not only persistent, but is widespread. According to the 2010 Nepal Living Standards Survey, conducted by the Central Bureau of Statistics and the World Bank, 25.2% of the country’s population lives

Indian Casino Industry: Can it compete with Nepal?

Posted by: on Oct 20, 2011 | One Comment

Nepal has emerged as one of “THE” casino hot-spots during the last decade. In fact, this South Asian country is home to the region’s oldest casino industry. The first casino in Asia was established as far back as 1968 in Nepal.

>13% – Russia’s tax on income

Posted by: on Aug 15, 2006 | No Comments
America is a haven for capitalists while Russia is a workers paradise. US glorifies profits, Russia vilifies it. This was the conventional wisdom. It has been turned on its head.