Saturday, December 24, 2005

games people play

A very interesting article on the two bets taken by investment houses on the gambling industry - the first on the profitability of casinos and online gaming (this is a no-brainer, really) and the second on whether there is scope for prosecution under US law which does not recognise gambling as legal. The second bet is obviously the tougher one to "game" (sorry for the pun), but it looks like the payoffs are high enough to attract bets.

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