Fortunes and Setbacks: India’s Defensive Posture on Gaming Tax India’s proposed 40% Goods and Services Tax (GST) on casino gaming is sending shockwaves through the industry, potentially derailing major integrated resort investments and raising concerns about the future of gaming in the country. This steep tax hike has prompted operators to reassess their plans, with […]
The economics of World of Warcraft virtual currencies crafting and the future of MMO monetization Summary World of Warcraft remains a leading case study for virtual economies because it combines broad participation, repeated system changes and a long record of player behaviour. The article examines how gold flows, crafting systems, information transparency and time scarcity […]
Kalshi sues Ohio Casino Control Commission and Attorney General over threats to its prediction platform Summary Kalshi, an online event-based prediction market, filed a federal lawsuit on 7 October in the U.S. District Court for the Southern District of Ohio against the Ohio Casino Control Commission and Attorney General Dave Yost. The complaint accuses Ohio […]
EDITORIAL: The sea of red ink continues to proliferate Summary The Congressional Budget Office reports a federal budget deficit for fiscal 2025 of $1.8 trillion, a modest $8 billion decline from 2024, while national debt approaches $38 trillion. Interest payments on the debt surpassed $1 trillion for the first time in fiscal 2025. The deficit […]
Navi Mumbai International Airport Inaugurated: India’s Next Cargo and Connectivity Powerhouse Takes Flight Summary Prime Minister Narendra Modi inaugurated Phase 1 of the new Navi Mumbai International Airport (NMIA), a Greenfield project developed by NMIA Ltd (Adani Group 74% / CIDCO 26%). Spread across 1,160 hectares, Phase 1 represents a ₹19,500 crore investment and will […]
Prosecutors Say Alleged Israeli Mobster in NBA Star’s Illegal Poker Games Case is a Threat Summary Federal prosecutors asked a court to keep Israeli national Yevgeni Gershman detained while he faces trial in an indictment tied to alleged illegal Pot‑Limit Omaha games run out of a Los Angeles mansion linked to retired NBA player Gilbert […]
Hohfeld in the Boardroom Summary Roberto Tallarita argues that the long-running corporate purpose debate is muddled because it treats “purpose” as a single, primitive concept rather than a bundle of discrete legal relations. Drawing on Wesley Hohfeld’s framework, Tallarita reframes corporate purpose as an interlaced matrix of entitlements (rights, privileges, powers) and correlative disablements (duties, […]
Effective Board Leadership: The Art of Doing It Well and the Risks of Getting It Wrong Summary Exceptional boards are the product of intentional, skilled leadership. PwC (in collaboration with Stanford) outlines how board chairs, lead directors and committee chairs must combine strategic foresight, emotional intelligence and a relentless focus on the organisation’s long-term health […]
Seven EPT Gold Passes Guaranteed During the PokerStars EPT Season Online Summary PokerStars is running an EPT Season online festival from 12 October to 9 November featuring 76 tournaments across 37 episodes with buy-ins from $3.30 to $1,050. The series includes big guarantees — notably a $109 Sunday Million Mystery Bounty with a $1,000,000 guarantee […]
Backlash grows over India’s GST hike on casino gaming, as new measures prompt operators to scale back integrated resort investments | AGB Summary India has proposed a steep Goods and Services Tax (GST) of around 40% on casino gaming. Industry experts warn the levy will raise costs for consumers, shrink operator margins and discourage investment […]
