I do think the market's going to grow, it's just going to be a question as to how this regulation comes down, what it's going to look like. Sciple: I own a few shares of Caesar myself. They own about half The Strip. Sharma: I think Vegas has done much in the past decade or so to get ahead of a potential trend like this, although I'm not sure that 10 years ago, this was on their radar screen. In this week's episode of , host Nick Sciple and Motley Fool contributor Asit Sharma take a deep dive into the huge changes sports betting could bring, from state taxes to Vegas traffic to the fate of the traditional heavyweights and more. The potential is there for them to improve this.
Sciple: As always, people on the program may own companies discussed on the show, and The Motley Fool may have formal recommendations for or against the stocks discussed, so don't buy or sell anything based solely on what you hear. But, I do agree with you, there could be an opportunity, particularly from a value point of view right now as the shares are really beaten down. The question, just like with Caesars, is how do they navigate their debt situation? Some of these other international companies, U. But, for our listeners, typically at least for me, that's a no-go type of thesis on a business. We're going to see what the tax rates are. Caesars is an ongoing story. It's going to be interesting to see how things play out.
To view Power Point slides of the last undergraduate course of Charles Tilly with Ernesto Castaneda in Spring 2007, which are related to his Paradigm book with Sidney Tarrow, Contentious Politics , please click here. The cash flow begins with high margins. You do any of that sort of thing? For example, I've been to the Beau Rivage in Biloxi. Listeners, I'm going to take a little bit of time with this because there are some of you out there today that probably own Caesars or are interested in owning it, and I wanted to commiserate with you. Guidelines Read the before posting. Seals, walruses, and whales have also been killed by the disease.
Any thoughts from you on either of these? Socialism means two related things: An economic system based on social ownership of the means of production, collective-decision making in management, and production organized directly for use. You can tell yourself a story of sports betting driving more people to the regional casinos, increasing engagement with the loyalty program, and pushing people to Vegas. If they can get out of this whole morass coming out of bankruptcy, it's an interesting financing vehicle, the Vici business. I've placed a sports bet every now and again in my day. You see it a lot with professional services.
So I have sort of an academic interest. So, how do you figure out how leveraged this company is? Definitely one to wait and see what happens. As we mentioned earlier, and I'm going to mention it as many times as I possibly can, a lot of the thesis here for growth is going to be dependent on what the states decide to do. You saw the same thing happen this past year with the Golden Knights. Upheaval is super good when you have like 10 or more mana because you can reset the board with something useful on board, but it is nowhere near broken in terms of power level compared to many, many unbanned cards.
I usually talk about compulsive industries in terms of Starbucks and coffee, but this is that amplified many magnitudes. We mentioned FanDuel a bunch today. But then in the eighteenth century we have the development of the weaving mill and the displacement of the cottage weavers, followed by the canals for transport displacing raod transport, and being displaced in turn by the railways, followed by the automobile. The Japanese will be very careful in how their population responds to gambling, and also how they regulate foreign countries coming in. So, another thing that we're going to have to follow from a regulatory perspective is not only how many states allow mobile and online wagering, but also, what is that tax hook that the states are going to have on the casinos when it comes to their revenues? What are your thoughts on those markets as opportunities for casino operators, as well as any second-order effects they might have when it comes to Macau? But let's talk about that plan. The promotion of social equality and equitable use of theprofits created by society;.
We're a couple of weeks away from when he's going to step down, and there hasn't been any clear communication of who that heir apparent is going to be. Dipping a toe in the U. I have an ancestor who was an owner of a coach line in the early nineteenth century who was reputed to have comitted suicide when he had to get rid of his beautiful coaches and fine coach horses, when the railway went through his area. Reindeer and caribou populations have fallen by more than 56 percent worldwide since the 1980s, according to a new federal study. There seems to be a little bit more value there for them than what Caesars is having to deal with. It's always dangerous when your investment thesis hinges upon government action of any kind, whether you have to have a law passed or some policy change. Do you think any of these major casino operators are going to come hunting for DraftKings anytime soon to get that extra juice they've seen in New Jersey so far? I want you to fact check.
They've really pushed hard into that arena. Traditional markets in Latin America had been upset by World War I. There have been hundreds of documented cases of social upheavals through historical times. Eliminating exploitation caused by private ownership of themeans of production, so that one's income is proportional to howmuch one contributes to society;. When Roald Amundsen made it to the bottom of the world in 1911, it marked a new chapter in the human story. Scientific Games is a partner with Caesars, they have Caesars partnered with them to help do their app and run their online sports betting platform.
I wouldn't be rushing out to buy shares. Jim Chanos may be right and make a pool of money off it. You have a concentrated market. They're putting new events and exhibits in. Some things should be in the public commons, what benefits all collectively.
You also mentioned efforts to keep under wraps how big casinos can get, and the societal problems that can come along. But I think now, with the computational power that states have at their disposal, which was not the case 10, 20 years ago, we're going to see some nuance in these tax rates. This is an important thing to call out. For Asit Sharma, I'm Nick Sciple. Sciple: I agree with you, Asit.