Mass of Media: Financial crisis
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A financial crisis happens when some financial institutions or assets suddenly lose a large part of their value. Many financial crises are banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include … Read More

Twitter has acquired Summize
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Twitter purchased Summize these days, in order to improve the search of the Twitter network, for relevant topics. Twitter is a free social networking and micro-blogging service that allows users to send updates (otherwise known as tweets) which are text-based … Read More

Yahoo spurns Microsoft last offer
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Like I said in a previous post, the strategy of a big company like Microsoft to buy a big company like Yahoo!, cannot be based on a simple offer only. It takes into consideration multiple denies of the targeted company, … Read More

Big drop in US gambling revenue
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US gambling revenue dropped  15% in May. In Las Vegas, the percentage is 16.4%. As for Atlantic City, the casinos gambling revenue down 11% in June, comparing with the same month of the last year (a single casino shows an … Read More

Predictions for the gambling industry
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Gambling revenue will grow to $155 billion in 2012 from a 2007 revenue of $114 billion with an annually rate of 6.5 percent per year, says PricewaterhouseCoopers LLP in a report released this week. Asia, and especially Macau, will be … Read More

Casino Constanta redivivus
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Queenco Leisure International (QLI) has finalised the terms of an agreement with Constanta Municipality, Romania, granting the QLI concession rights over a historic building in the city, which the company intends to renovate and operate, Casino Constanta. The agreement is … Read More

Poker Stars operates a poker room in Macau
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Poker Stars started a new experience, beginning to operate a poker room in Cotai Strip (Dubbed PokerStars Macau), at Grand Waldo Hotel and Casino (25 tables, 250 players, cash games and tournaments). The poker room was launched this week with … Read More

Gambling in Vietnam à la Las Vegas
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$4.5 billion Canadian investment in casino-resort project (“Ho Tram“) in the South of the Vietnam, the theme highlighting the lush natural beauty of the area while showcasing Vietnamese and Asian culture. The most important investors in this project are Asian … Read More

One more try for Microsoft to buy Yahoo
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As I said in a previous post when everyone considered Microsoft gave up, it lost a battle, but not the war. Such a transaction is not a simple business deal, to make an offer and wait for an answer. It … Read More

Casino dealers protest
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A new MGM Grand casino will open at Foxwoods this weekend. The festivities will be overshadowed by the United Auto Workers that will protest against unfair tipping policy and the Mashantucket Pequot Tribe’s refusal to bargain, trying to negotiate a … Read More

The digital Europe – i2010 Initiative
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Preparing Europe’s digital future i2010 Mid-Term Review {SEC(2008) 470} INTRODUCTION Information and Communication Technologies (ICTs) continue to be a major driver of economic and social modernisation. Today, businesses in the EU devote 20% of investment to ICTs, and the sector … Read More

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