Exact(2)
Many casinos, especially smaller ones, are no longer profitable.When gambling was a sin industry it was fairly recession-proof, notes Damien Connelly of Gaming Support, a Dutch manufacturer of casino equipment.
Ruskin actually wrote: "Life without industry is sin; industry without art is brutality".
Similar(58)
They also show that participation in two so-called "sin" industries, namely, tobacco and nuclear power, increases firms' cost of equity.
Finally, companies with higher outside director stock compensation tended to perform less well on human rights measures in subsequent years and demonstrated greater involvement in "sin" industries — alcohol, tobacco, gambling, nuclear power and firearms.
In part because they recognize the tax implications of "sin" industries, more and more states want in on pot.
Still others hold that state-run control over so-called sin industries is problematic.
On June 2 the South Australian Sex Industry Network (SIN) and the Scarlet Alliance marked the 40th anniversary of International Sex Workers Day with a rally outside Adelaide's parliament house.
It's infamous for the flagrancy of its sin-based industries like prostitution, drug trafficking, and the selling of endangered animals.
With an economy tied to consumer spending and the housing industry, Sin City region has gone from one of America's bright spots to one of its most troubled.
"When the ministers stopped telling the people that credit was a sin," a former industry lobbyist recalled, "they began to realize that this really was a way of life". Then there were the TV commercials that slyly suggested -- even as they denied it -- that having a credit card could make you happier, smarter, sexier.
But launching funds at the top of cycles is one of the abiding sins of the industry.
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