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AI rout exposes Wall Street's $270 billion speculation machineA recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged prod...- Should long term investors bet on Waterways Leisure IPO?Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single ves...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
- Quote of the day by Peter Lynch: "Stocks aren’t lottery tickets. Behind every stock is a company"Stocks are not lottery tickets. Behind every share is a real company. Legendary investor Peter Lynch reminds us to look beyond stock prices...
- Warren Buffett cautions about investing in overheated markets as his classic ‘Never lose money’ rule goes viral again. What does it mean?Warren Buffett has cautioned against investing in the current market, deeming it an "ideal environment" for deploying cash due to elevated ...
- Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- New York City is finally getting its casinos? Here's a major development after 2013 constitutional amendmentIn 2013, New York state voters authorized a constitutional amendment allowing up to seven casinos in the state, with up to three reserved f...
- Betting-linked PMLA case: K'taka Congress MLA sent to ED custody till Aug 28; casinos in Sri Lanka, Nepal under scannerThe Enforcement Directorate is investigating K C Veerendra, a Karnataka Congress MLA, in a money laundering case. Veerendra is in ED custod...
- JPMorgan acquires stake in Australia's cash-strapped Star EntertainmentJPMorgan Chase & Co has acquired a 5.47% voting power in Star Entertainment as the Australian casino operator's shares have plummeted due t...
- Ram Mandir inauguration: Goa casinos to remain shut from 8 am to 4 pm on Jan 22All casinos in Goa will be closed for eight hours on Monday to show respect for the 'pran pratishtha' ceremony of the Ram Mandir in Ayodhya...
- Sebi takes a leaf out of Vegas Casinos' AI book to crack down on insider tradingThe Securities and Exchange Board of India (Sebi) is in talks with a top US-based AI provider to purchase such a system, said people with d...
- Delta Corp: Is the scarcity premium justified for India's only listed casino stock?To get clarity on if investing in this company is a good bet or a shot in the dark, let's look at various parameters in detail.
- Trump Resorts planning to file for bankruptcyTrump Entertainment Resorts will file for bankruptcy again this week, people with knowledge of the situation said, putting a fifth Atlantic...
- Goa CM Manohar Parrikar threatens to eliminate offshore casinos from the stateGoa Chief Minister Manohar Parrikar today vowed to eliminate offshore casinos from the state's waterfronts before he completes his tenure, ...
- Delta scouts for casino partner; in talks with Las Vegas-based MGM Resorts International and Caesars EntertainmentThe company is also building a 300-room hotel in Panjim in Goa for 200 crore. This property will also have a land-based casino operation.
- Why global chains & investors like Rakesh Jhunjhunwala are betting on casino business in IndiaJhunjhunwala, has joined 24 investors to put in 280 cr in Delta.Casino owners from Singapore, Macau have evinced interest in Goa's casinos.
- Investors gamble on Delta as co plans offshore casinosInvestors have been accumulating shares of Delta Corp on talks that the company has plans to open a series of offshore casinos along the we...
- Nepal to have ninth casinoNepal's casino king R D Tuttle is planning to open a new casino, the ninth one, in the Himalayan nation and also one at Goa in India.
- Monopoly over Nepal's casino industry may endWorkers in Nepal are busy erecting the country's newest and ninth casino, Casino Katmandu.
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