Late last year, Japan legalized casinos in the country, opening up a gaming industry that could generate as much as $30 billion a year in revenues and become the second-largest casino market in the world. As several players scout for licenses, Las Vegas Sands (NYSE: LVS) is ready to invest heavily in the region, committing to an initial investment of $10 billion. While this is a significant number, if Las Vegas Sands is able to capture a decent share in the market, it would make sense given the revenue potential of the market. Currently, Macau and Singapore are the largest value drivers of the....More>>>
Since Donald Trump was elected to the office of President of the United States of America, Alibaba’s (NYSE:BABA) stock has been nothing but down, big. 20% in fact, and that was despite the fact that Alibaba blew away analyst estimates on both the top and bottom line just prior to the election.
It is easy to point out why the stock has been doing so poorly lately, fear of China. Alibaba is one of China’s biggest and fastest growing tech conglomerates, and since Donald Trump was elected president, both tech companies and Chinese companies have been underperforming the market.....More>>>
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Houses are built to be inhabited, not for speculation Xi Jinping
Xi Jinping and Chinese leadership have undoubtedly been more effective in projecting competent leadership than their American counterparts in recent history. Unfortunately, this was done in large part through the use of unproductive debt. The consolidation of power by Chinese leadership came at the expense of economic reform and the liberalization of its society.
Now that the Chinese communist party has effectively consolidated power, it will have to pay for its past excesses and missteps as the effects of past policies....More>>>
The Federal Communications Commission on Thursday voted to begin scaling back a program designed to help low-income Americans access the internet.
The federal Lifeline program, established in 1985, provides discounted phone and internet service in poorer communities. The FCC expanded the program to include broadband last year, and has given participating households a $9.25 per month credit to use for internet access.
Thursday’s 3-2 party line vote means one piece of the program will change immediately, and lays the ground work to alter or kill other pieces.