Casino Enterprise Management

I am asked questions, lots of questions every day. These questions arrive by email, phone, Twitter, blogs and by satellite. One of my biggest hang-ups working with the technologically agnostic is when someone reaches out with a question that can be answered by performing self-prompted research on the Internet. Sometimes questions turn into fire drills when they don’t need to be. Breathe, relax and research.

For those operating in the international business arena, you may have been closely following recent "off-hand" comments from IRS personnel that suggested those holding an equity interest in an offshore entity, including a partnership or corporation, must disclose that interest in an FBAR. The consequence for failing to file can be draconian – massive criminal and civil penalties can be imposed.

When a young minister asked an old time preacher to explain the effectiveness of his sermons, the preacher replied: “Son, furst I tells ‘em what I’m gonna tell ‘em, then I tells ‘em and then I tells ‘em what I told ‘em.” Repetition is certainly one way to get your message across. But if the message itself lacks clarity, repeating it will not improve the communication.

I-gambling has easily made it to near the top of the "2009 hot list" of just about every gaming industry player in North America. Nowhere have developments in i-gambling received more popular attention than in the United States. This year began with the tsunami when the final UIGEA regulations became effective.  The ensuing tidal wave has snarled the financial industry.