Native Americans move into pot business

Feb 15, 2015

Native Americans move into pot business

What is now a damp plot of bright green grass next to a Native American greenhouse in Northern California could soon set the burgeoning marijuana industry on fire. An initial state-of-the art greenhouse measuring 10,000 square feet (930 square meters) is to be erected ...

Xi visit to Macau deals cold deck to high-rolling VIP gamblers

Dec 18, 2014

Xi visit to Macau deals cold deck to high-rolling VIP gamblers

As Chinese President Xi Jinping arrives in Macau this weekend for his first official visit in five years, the message from Beijing is clear: the world’s biggest gambling center cannot remain a one-industry town. Xi’s pervasive anti-graft campaign contributed to a disastrous year for ...

Gambling debt cripples Macau 'junket' model

Nov 30, 2014

Gambling debt cripples Macau 'junket' model

Companies that connect China’s wealthy gamblers to Macau’s casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry that sustains the world’s biggest casino center. These “junket” businesses, which lend ...

Oct 29, 2014

Take a balanced look at casinos

Before the government jumps on the casino bandwagon, careful consideration needs to be given to the negative aspects of legalizing this form of gambling.

Oct 22, 2014

Casino bill delayed again, sources say

Japan’s plan to open up to casino gambling has been delayed again, three people familiar with the process said, dealing a blow to one of Prime Minister Shinzo Abe’s policy priorities and to hopes the first resort will open in time for the 2020 ...