by I. Nelson Rose | May 22, 2023 | Blogs
“The French don’t care what they do, actually, as long as they pronounce it properly.” – My Fair Lady An online sportsbook can report taking millions of dollars in bets from gray and black markets, as long as the numbers they report are accurate. This is the...
by I. Nelson Rose | Nov 30, 2022 | Blogs
On Saturday, Macau awarded “provisional licenses” to the six current casino operators. These will allow them to continue to operate until they are awarded their official concessions in January. No surprise there. In fact, the biggest surprise is that another...
by I. Nelson Rose | Nov 16, 2022 | Blogs
Some of the richest, most powerful political players in the world of legal gambling just spent the most money ever on ballot propositions, nearly half a billion dollars, and won… nothing. Well, not exactly nothing. It’s important to not only see what proponents...
by I. Nelson Rose | Aug 25, 2022 | Blogs
The extremely rich and politically powerful gaming tribes in California are spending nearly half a billion dollars this year to win the right to have sports betting. Or, I should say, they are throwing away their money on a fatally flawed initiative, which the voters...
by I. Nelson Rose | Jul 26, 2022 | Blogs
Macau’s casino operators were just reminded, dramatically, that China is still a Marxist country. First, the People’s Republic of China (“PRC”) became the only major nation to seek the complete eradication of Covid. The PRC has the will and power to do whatever it...
by I. Nelson Rose | Jul 19, 2022 | Blogs, Uncategorized
You know you are in deep trouble when one of the leading newsletters in your industry discusses the “silver lining” in being shut down: “Macau Casino Closures Provide Some Relief from Cash Burn.” Asia Gaming Brief Macau casinos have so few gamblers, in fact, so...
