Fresh start for PokerStars may revitalize N.J. gambling If online gaming regulation happens on a state by state basis, then it will be a slow slog for Pokerstars as it re-enters the US online poker market. But if the federal… Continue Reading
As I have mentioned in previous posts, the Poker Boom was mainly caused by the growth of online poker. Monetary Origins of the Poker Bubble Calling the Bluff: The Real “Boom and Bust” of Poker
During 2004/05/06, new ideas about wikinomics, web 2.0, and user generated content were being tested online. Websites like Wikipedia and prediction markets like InTrade were emerging. When I was working the night shift at Scotia, I’d spend time each night… Continue Reading
If risk and work are two ways profits can be earned, how are they related to each other? Risk and work are at two ends of a spectrum of economically profitable activities. But risk and work are not contradictory, they must exist… Continue Reading
Entrepreneurs commonly criticise bankers for providing no economic value. In fact, many entrepreneurs view bankers as an impediment to economic success. Entrepreneurs, especially small business owners, believe the only way to legitimately earn profits is to create value by doing… Continue Reading
