Steve Wynn: Businesses 'Frightened to Death' of Obama

Mogul riding high while rivals, Vegas struggle

(NEWSER) - Recession has dimmed the glittering lights of Las Vegas, but it hasn’t stopped hotel and casino mogul Steve Wynn, AFP reports. Wynn is preparing to open the lavish $2.3 billion resort Encore on Monday as Sin City weathers its worst economic meltdown in decades. “I don't owe a dime personally and the company's solid as a rock,” said Wynn, 66. More»

Gambling's red hot, but local middlemen take a huge cut

(NEWSER) - Casinos on the Chinese island of Macau create more gambling revenue than the ones in Las Vegas and Atlantic City combined, but US operators—permitted to set up shop there since 2004—are decidedly not rolling in the money. The Wall Street Journal looks at the bumps in the road for MGM Mirage, Wynn and Sands, and finds that local middlemen exert untold control over VIP players—and rake in huge commissions in the process. More»

...BarackObama.com

(NEWSER) - Some wily jokester apparently got ahold of socialists.com and communists.com and set them to redirect … to President Obama's campaign website. Some Republicans have apparently fallen for the prank, fueling existing speculation that Obama is a socialist or a Communist, the New York Times notes: One user tweeted the information to Rush Limbaugh, calling it "Creepy. … Proof Obama is a communist." Tweets another, "For those who are still unbelievers - go to http://communists.com and see what comes up. I'll try to refrain from saying I told you so." More»

There are plenty of reasons the president should be worried

(NEWSER) - Democrats, and many pundits, seem to believe that President Obama is rebounding, and will surely win re-election, but Jim Vandehei of Politico isn't buying it. Here's why he thinks the president should be sweating right now:

• The economy: The recent CBO report not only projected another trillion-dollar deficit, it predicted that unemployment will rise to 8.8% in the third quarter—something Obama's own advisers doubt he could recover from.

Miami tops the latest list

(NEWSER) - Miami and LA might be beautiful places to live—but they’re really terrible places to find work. Those two cities top the list in a new Indeed.com analysis of the worst cities to find employment. Indeed, a job hunting site, compared federal unemployment records with its own job listings to arrive at this list, finding that in Miami there were more than four job seekers per listing, while LA had 3.48. More»