The Gaming Control Board has opened an investigation into the links between organized crime and the junket operators that bring the gamblers from the Chinese mainland to Macau. Those ferry companies also control the VIP rooms where many gamblers play cards and they extend credit and collect debts because casinos cannot legally collect gambling debts under Chinese law. The reports of mob involvement were published by a union local on a special Web site it has created to publicize the problems. So what will happen if the allegations are proven true? Is this a storm in a teacup or could it lead to a big shakeup in the world's biggest casino companies?
Short-term loan companies may look like an oasis in the desert when people need money fast. A quick $200? No problem! But with high interest rates (800% for some) and no usury laws in Nevada, some payday loan companies have a bad reputation. They're already outlawed in Arizona, and people are suing them in Nevada. But one new company bringing a clean image to payday loans. Will it work? How many people are in the hole thanks to these companies? And do the lenders work with them or not? Do you have a short-term loan story?