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Posts by I. Nelson Rose

China Has Plans for Macau

China Has Plans for Macau

All six casino concessions in Macau are about to expire. The big question is whether the US-based companies – MGM, Wynn, and Las Vegas Sands – will be able to continue operating some of the most successful casinos in the world.   Of much less importance is...

New York’s Unforced Error

New York’s Unforced Error

Last week I wrote a blog explaining why the plan to issue online sports betting licenses in New York will be a disaster. [LINK] Not only will the tax rate be the highest in the nation – possibly a ridiculous 71% – but the entire law is on its face unconstitutional....

New York’s Sports Betting Disaster

New York’s Sports Betting Disaster

On Friday, October 22nd the New York State Gaming Commission announced what the tax rates will be for anyone unfortunate to win the right to operate online sports betting.  Most of the bids were probably already in, but the Gaming Commission graciously gave the...

What in the World is a COAM?

What in the World is a COAM?

I first looked into COAMs a couple of years ago, when a very large investor wanted to know if he should put a few tens of millions of dollars into a company involved in the business in Georgia.  Before I could advise him, I had to first figure out what in the world is...

Preferential Shuffling

Preferential Shuffling

It is time to look again at the controversy over the right of casinos to shuffle cards in blackjack whenever the remainder of the deck favors the players. Although the issue of casino dealers counting cards has been stewing for decades, the most recent flare-up is the...

Card Counting by Casinos

Card Counting by Casinos

It seems the eye in the sky has acquired a brain. The watchers have learned to count cards. Casinos have installed computer programs that can tell whether players are counting cards at blackjack. By recording how players change the size of their wagers and how they...

Dealers Who Count Cards

Dealers Who Count Cards

Government regulators ought to at least pretend to be neutral. This is particularly true of regulators whose main job is to protect the public. Imagine the Atomic Energy Commission saying nuclear power plants can set their own safety standards, and anyway, there is...

Why Retaliatory Tariffs on Playing Cards?

Why Retaliatory Tariffs on Playing Cards?

The bad news for the legal gaming industry is that Canada and the European Union have imposed a ten percent additional import tax on playing cards manufactured in the United States. The only good news, if you can call it that, is that China has so far not followed...

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