King Kaufman’s Sports Daily: This column’s bracket is the usual waste of productivity
That annual bogus estimate of lost productivity caused by the NCAA Tournament is out again, and a healthy percentage of the media is once again parroting the made-up figures as fact. You’ll be interested to know that while you cost your corporate overlords more than $3 billion last year at Tournament time — just you, personally — the estimate this year is that you’re going to waste …
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Interesting gambling information:
- The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
- The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
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