September 23, 2008

US Financial Instability Could Mean Trouble for Casinos

As you all are well aware, the US financial markets are in turmoil. Liquid capital is hard to come by, and everyone who needs to borrow is feeling the pinch hard. Casinos are of course, not immune to this, and in some ways, they are even more susceptible as they need to borrow big sums to make the ever more intense construction projects.

Here's a little bit more on the subject from Business Week. We sure hope that the markets will stabilize, and that our home grown casinos will continue to be strong, and not lose any more ground than they already are to the other casino giants in the world.

Russell Miner Permalink | Comments (0) | social bookmarking

September 16, 2008

Casino Snob Book Club: Casino Surveillance and Security: 150 Things You Should Know

Casino Surveillance and Security

If you are a casino industry player, or just have a hankering for understanding the goings-on behind the scenes of casino security, then you may want to check out Casino Surveillance and Security: 150 Things You Should Know. Now, don't think this will help you to plan your own Ocean's 11, but it is helpful for those who plan on operating or working in casinos.

Russell Miner Permalink | Comments (0) | social bookmarking

September 3, 2008

If at first you don't succeed...

According to the Boston Globe, the Mashpee Wampanoag tribe is again trying its hardest to get a casino built in Massachusetts. The state legislature shot down an earlier proposal, though the governor of the state, Deval Patrick, who was a supporter of the earlier initiative, seems warm to this attempt as well.

For those in the northeast, we hope the second time's the charm!

Russell Miner Permalink | Comments (0) | social bookmarking
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