Casinos rake in billions and many tycoons have bet on casinos and hotels: Razon, Gokongwei, Andrew Tan, Pineda. Philippines is now tops in terms of number of casinos berating Singapore and Macau in
If you had money to invest in a casino?
This post, espousing entrepreneurship, creating from zero to one, disdains this type of activity destroying one to zero. Casino is gambling and this destroys assets and estate. There are losers and winners. It promotes poverty and loss of job. We saw adverse living conditions (and near collapese of Atlantic City) and Las Vegas.
Entrepreneurship, a hard thing to do, creates wealth; casino destroys wealth. Casino gambling spawns other crimes: money laundering, loan sharking, prostitution, hold ups, kidnapping.
We hae seen incidents of suicide and broken families in PHL due to casino addiction (there are also on online gambling addiction) Casino is bad the same way POGO is considered bad.
This post objected to a business game that included lotto as one of thte activities as this is contrary to a legit business model.
Would you like a casino be put up in our place or invest in a casino? I do not subscribe. Do you?
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