In the minds of many individuals, the words «Las Vegas» and «natural magnificence» don’t go collectively. The town’s kaleidoscope of neon lights isn’t precisely in earth tones. And past that, most of the buildings that make up the desert metropolis are mock-ups of somewhere else — the Eiffel Tower, the canals of Venice, the new York City skyline. It may all seem a bit unreal. And, let’s face it, that ringing carnival sound of slot machines is not precisely just like the chirping of birds.
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There’s nothing productive that comes from the Sands. Nothing. It’s just a cash exchange. Folks lose it, other folks win it. And the guy trucks it over to Vegas. It goes on the categorical prepare. So the fact of it all is it’s not producing something. There’s nothing to be pleased with.
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Nonetheless, what’s taking place in China might send a warning signal. Online commerce giants Alibaba (BABA) and JD.com (JD), which both report earnings this week, every posted document gross sales from their Singles Day buying extravaganza throughout the primary eleven days of November. However the tempo of growth was much slower than in previous years.