From an investor’s standpoint, this has surely been a summer of discontent. All markets appear to be too high, there is no yield to be found, and there appears to be no place to hide, at least inside current investment standards as set forth by Wall Street. While the conventional wisdom looks at cash as “trash” because it generates no return, in today’s world where there is more deflation than …Read More
Market Beat: An update on gaming
The Nevada Gaming Control Board recently released revenue numbers for the month of February. Gaming revenue in the state dropped by 13.7 percent in February compared to 2013. Statewide, casinos took in $926 million. Revenue from the Las Vegas strip was $555.7 million, which was a 20.2 percent drop from February 2013. The take for Washoe County casinos dropped slightly, by 1.41 percent to $58.7 million. Casinos at North Lake …Read More
