Thursday, March 07, 2013

Economy

Ohio casino revenue up in February. So what? This government boondoggle is going to be in the news all the time.
"Horseshoe Casino Cincinnati, which opened Monday, collected $227,752 in AGR during a Feb. 27 invite-only preview.
The casino split its share of the proceeds — $152,595 — between non-profits ArtsWave, the Cincinnati-Hamilton County Community Action Agency, Freestore Foodbank’s Cincinnati Cooks and Talbert House, then added $1,850 in non-gaming proceeds for each organization, according to Rock Gaming."
The government is operating these casinos like utilities companies.

Finally a sane article about China. It calls China the biggest real estate bubble in history.

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