By Barry Rascovar Sept. 3, 2014–Baltimore’s first and only casino is open — a decade later than anticipated by city officials. Horseshoe Baltimore, run by Caesar’s Entertainment, is a bright, cheery and decidedly friendly facility a short walk from Ravens stadium. It’s got a giant parking structure that allows direct access to the casino without […]
Casino-nomics — the good and the bad
By Barry Rascovar July 17, 2014 — Once upon a time, casinos looked like the salvation of Atlantic City, a famed but dilapidated resort town on the Jersey shore. For well over a quarter-century, New Jersey’s gamble worked. Unfortunately, state and local politicians failed to reinvest the taxes flowing from a dozen casinos into Atlantic City. […]
Online Gaming Industry In India Is Maturing
Online gaming industry in India is fast maturing as this is a very lucrative field. Till now we have no dedicated online gaming and gambling laws in India. This has created an atmosphere of uncertainty and fear among the online gaming entrepreneurs in India. This is also the reason why very few players have entered […]
The Ostrich Syndrome: a New Chronic Cowardice in America, Part 1
From A Dirge for Zero-Sum Game: Go ahead and hate your neighbor, Go ahead and cheat your friend; Do it in the name of Heaven, You can justify it in the end There won’t be any trumpets blowin’ Come the Judgment Day — On the bloody mornin’ after … Twelve more Losers died today. […]
It Boils Down to Labor Costs
Governor Cuomo is on to something. He has commented that the current political dialogue (or shouting match) pitting Republican cost cutters versus Democratic 1% tax leviers won’t solve New York State’s fiscal problems, only a growing economy can do that. [Surprisingly, the editors of Foreign Affairs appear to disagree with him and say that income […]
Home Foreclosures On The Rise: Nevada, Arizona, California Top Lists
It was reported in Realty Trac this week that the second quarter figures are in on the continuing mortgage and foreclosure mess, and exceed by 5% the figures from summer to fall. Summer, however, actually is the highest sales quarter for home sales historically. The foreclosure figures to date far exceed those that are purchasing new […]