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Illinois: No country for big casinos
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Nevada: The Stupid State
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They burned the Monte Carlo ... and may get away with it
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Nevada: The Stupid State
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They burned the Monte Carlo ... and may get away with it
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Posted At : March 17, 2009 04:28 PM | Posted By : D McKee
Related Categories:
Sheldon Adelson,Economy
... if you happen to be Michael A. Leven. Despite having no executive experience in the gaming sector, Las Vegas Sands' new president has landed a groovy compensation package: $2 million upfront, plus the prospect of another $1 million in bonuses and generous option grants. You can't make that kind of dough running an aquarium.
Update: A more accurate Associated Press story has been substituted for the Las Vegas Sun story that was linked earlier.
We're#1! Not only does Nevada top the nation in foreclosure rates, it's sixth-highest in unemployment and third in Food Stamp participation, meaning the Silver State leads America in metrics that measure "economic distress." Meanwhile, the governor goes off the deep end and the Lege dithers spinelessly. We're a great place to visit but, for the time being, you wouldn't want to live here.