Business

Sheldon Adelson, GOP power broker and casino mogul, dies at 87

Sheldon Adelson, the billionaire mogul and power broker who built a casino empire spanning from Las Vegas to China and became a singular force in domestic and international politics has died after a long illness, his wife said Tuesday. Miriam Adelson and the Las Vegas Sands Corp. both released statements confirming Adelson’s death. He was […]

Business Gambling

Valuation: Casino stocks acquired clobbered from COVID-19. This is currently an attractive wager

—Warren Buffett, Fortune, 1999 Few small business models are somewhat more dependable than a casino.  Folks really like to bet, and since the house has a statistical edge over its clients in each match it functions, the more people play, the longer the casino gets.  Variable in all of the money individuals spend on entertainment and […]