How Low Can Rates Go?
In North America at least, we are used to most interest rates being positive. We go to the bank for a deposit and we are presented with an upwardly sloping set of rates. We get some interest for making a… Continue Reading
Investing
Riviera making way for more convention space
It was announced recently that the Riviera would be sold to the LVCVA who plans to demolish the hotel/casino in order to build their planned global business district. A demolishion of the Riviera will mean a decrease in 2,100 hotel… Continue Reading
Tropicana Las Vegas Retail
Developing new retail at Tropicana Las Vegas is a smart move by its owners. Many Las Vegas tourists love to shop during their stay and providing them with more retail options will help Strip property owners further diversify their revenue away… Continue Reading
Intertain is getting bigger
Intertain is building a global network of online gaming properties with the help of Canaccord Genuity and Amaya. Intertain Buys Bingo Site From U.K. Gamesys for $653M
US stocks for Canadian investors
Where should investors hold their US dividend earning stocks? Canadian investors who file a W-8BEN form through their broker are subject to a 15% withholding tax on the US dividends they receive. US dividends received inside an RSP are free… Continue Reading
S&P Suspended from Free Speech
I’m shocked and disappointed to learn that S&P has been suspended from providing ratings in the commercial mortgage market for a period of time. The latest fines and restrictions against S&P are part of a long series of moves by… Continue Reading
Behind S&P’s Looming Suspension, an Inside Battle Over Tighter Standards
Is Gambling a Good Investment?
Is gambling a good financial investment? Probably not. Most players should view their gambling losses as entertainment expenses. Most recreational gamblers should be prepared to “lose what they came with”. They should ensure that their gambling bankroll does not exceed… Continue Reading
Automating Financial Advice
With the growth of new information technology, and the additional comfort users have with life online, the financial services industry has come up with new ways to deliver financial advice. At the extreme, there are a few new services available that… Continue Reading
Amaya Gaming and “Lucky” Investors
Amaya Gaming’s stock looking more like a jackpot for lucky investors