To Comfort The Afflicted
And Afflict The Comfortable

To Comfort The Afflicted And Afflict The Comfortable

Thursday, November 21, 2024

Observercast

Casinos Take Money From States

on

BY FROMA HARROP In Las Vegas, house prices have dropped 55% since peaking in August 2006, and the foreclosure rate is seven times the national average. Gigantic new condo towers sit nearly empty [real-estate pros call them “see-through buildings”], and unemployment tops 13%. The recession has sent casino revenues plunging 20% from two years ago. […]

Arnold Hamilton
Arnold Hamilton
Arnold Hamilton became editor of The Observer in September 2006. Previously, he served nearly two decades as the Dallas Morning News’ Oklahoma Bureau chief. He also covered government and politics for the San Jose Mercury News, the Dallas Times Herald, the Tulsa Tribune and the Oklahoma Journal.