Unfortunately, some recent visitors to Las Vegas learned that a few local retail establishments appeared to be making use of dynamic pricing - meaning that the cost of certain foods, drinks and toiletries fluctuated depending on the demand for them.Dynamic pricing isn't a new concept; airlines and hotels have used it for years, and a CBS News report from 2016 noted its growing popularity in bars and restaurants. It's even become a political issue in advance of the 2026 World Cup.
When we apply that lens to the current proposals for casinos across New York City, one approach stands out above the others. Nearly every project would require demolishing existing buildings to construct new ones a process that generates enormous amounts of construction waste and debris while disrupting established ecosystems. In fact, according to the Environmental Protection Agency, more than 90% of all construction debris is produced by the demolition of existing buildings.
With the Republican reconciliation package's new cap on gambling-loss deductions, professional gamblers will face higher taxes, which could significantly impact the industry and betting markets.
"There are clear business risks to allowing indoor smoking in casinos, including higher health insurance premiums, higher maintenance costs, and a significant deterrent to potential visitors due to secondhand smoke exposure."
