Macau’s Casino Industry is Set to Grow in 2018
Following three successive years of decline, Macau’s casino industry is finally looking up, with a good chance of the industry returning to its pre-2014 levels. Revenues at casinos in Macau had begun to slump following President Xi Jinping
Should Gambling be Illegal?
Gambling is an addiction and governments should deem casinos illegal. While many believe in this statement, it is demeaning and ridiculous on so many levels.
MGM Casino Project Could Help Revive the Connecticut Economy
Global hospitality and entertainment giant, MGM Resorts International has announced ambitious plans to construct casino and entertainment complex in Bridgeport. The project, estimated to cost $675 million, would be located
The Tale of Two New Jersey Shutdowns and How They Impacted the Casino Industry
Had it not been for the astuteness of the former New Jersey Governor Jon Corzine, the casino industry in the state would have suffered a huge financial loss in the three-day state shutdown that ended on July 3, 2017. Corzine, a former
Is Protectionism Wearing a Disguise of Freedom?
Two years is all it is taking for the Federal Communications Commission (FCC) to do a complete flip and end the short-term ceasefire achieved over the contentious issue of “Net Neutrality”. What is being proposed under the guise of a “free”
10 Little-Known Facts and Trivia About Casinos
If you’re smitten by the excitement, history and charm of the casino industry, you’re not alone! So, here’s a chance to dive into some little-known facts about the casino industry and some of its most passionate
Rakesh Wadhwa. Ever since, I was a school boy, I knew India was on the wrong path. Socialism was just not what we needed to get ahead. Government controlled our travel; government controlled our ability to buy and sell; and government controlled our freedom to move our money. My life has focused on the inherent rights people have. When I was in college, I never understood, what the governments meant by their "socialistic attitude". If people are free to buy, sell and move their capital themselves without any restrictions by state, then the welfare of people is inevitable & hence the countries they live in will become wealthy.
The Bastiat Award is a journalism award, given annually by the International Policy Network, London. Bastiat Prize entries are judged on intellectual content, the persuasiveness of the language used and the type of publication in which they appear. Rakesh Wadhwa won the 3rd prize (a cash award of $1,000 and a candlestick), in 2006.
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