-- Connecting the dots between our economy, government and business --
Despite a continued downturn in wagering, Illinois sportsbooks notched all-time monthly highs in revenue and handle for November. ("Handle" means total amount wagered.)
Summary and audio linked here.
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Summary and audio linked here.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
Podcast link is here.
The most interesting part of the article is that the Bally’s Casino generated only $1.3 M in revenue in November, well below expectations and budget projections. Yes, location is an issue, and yes, the new casino will be bigger and “prettier” but one wonders if it will be the win everyone is expecting. Also can’t help but wonder if betting on betting revenue for budget purposes is a sound fiscal policy.