No New Las Vegas Hotels on Strip?

It might seem like an odd statement coming from Jim Murren, chairman and CEO of the Strip’s largest casino company. For now, MGM Resorts International — which operates Bellagio, MGM Grand, Mandalay Bay, The Mirage, CityCenter and others — is done building hotel-casinos on the Strip. “It’s not my expectation during my career here that we will build another casino resort in Las Vegas,” said Murren, who became CEO in 2008. Before taking that role, he was MGM’s president, chief financial officer and chief operating officer for over a decade. During his career, MGM bought Mirage Resorts, Mandalay Resort Group…

The Federalism Problem with RAWA

Even as the rise of the Internet has driven communications and economic growth to heights previously unimagined, some lawmakers are using that very explosion as pretext to expand the federal government’s power and reach in ways that threaten the delicate balance of powers inherent in our federalist system. A key example is a new piece of legislation called the “Restoration of America’s Wire Act,” or RAWA. Introduced in the House as H.R. 707 by Rep. Jason Chaffetz, R-Utah, the bill purports simply to update the half-century-old Wire Act, originally signed by President John F. Kennedy to combat the influence of…

U.S. Facing Poker Sites Keep on Rollin’

While the world’s regulated online poker market has shrunk by 23% over the past two years, US-friendly sites have been experiencing some impressive growth over the same period of time and continue to outperform their licensed competitors. Bodog, for instance, has grown by 43%, the Winning Poker Network (WPN) by 77%, and the Chico Poker Network by an impressive 125%, raising the question whether it is these sites innovations or their virtual monopoly over the US market which is driving their traffic forward. Bodog was one of the first operators to recognize the damage done by online grinders relieving amateur…

The Hard Road Ahead for Amaya And PokerStars

Given the secular decline of the online poker industry, Amaya (parent company of PokerStars) will be hard-pressed to double the size of its poker arm in the next five years. That’s one of the focal points of a new research report on Amaya authored by Adam Krejcik of Eilers Research and Online Poker Report publisher Chris Grove. Eilers has proven to be one of the more sobering (and accurate) voices with regards to online gaming revenue predictions. Its latest report continues that trend, and not without good reason. The online poker industry is in the midst of a multi-year downswing,…

YouTubers Beware: Music Nations Network is a Huge Scam

Like most video producers who use YouTube, I really want to get my content seen and grow my channel. I am not interested in fake views that get videos pulled down. I am not interested in fake subscribers to inflate my ego. In fact, I am not interested in anything fake when it comes to my business. Sadly, however, I stumbled upon possibly the biggest fake of them all: Music Nations Network! This den of thieves contacted me last August with a great sales pitch. They would help me grow my audience by adding my content to their “network” and,…

How Bitcoin Works

Bitcoins are a form of currency which is decentralized.Decentralized form implies that this currency is not regulated by any government or any financial institution.This form of currency is very different from traditional form where you require lot of paper work in orer to open an account . Only what all you need is to establish a bitcoin wallet,that will be used by you to access your bitcoins and to transfer bitcoins to other people. . Basics To Setup An Account To establish a bitcoin wallet you can use bitcoin broker such as Coinbase.A certified broker will help you in opening…