LAS VEGAS ECONOMY TO FURTHER SLIDE DOWN?

What hit our Manny Pacquiao in his "loss" against Timothy Bradley in yesterday's bout was the power punch delivered by Mafia bosses that control gambling in Las Vegas. The betting was heavy and the rewards (for the referees) were too huge to ignore. But there will be consequences beside giving boxing a black eye. Las Vegas' economy was the most hit in the US in the worldwide financial meltdown. A great number of businesses downsized or closed down and many homeowners became unemployed. Unable to pay the rent, they became inhabitants of the streets like our own people especially those in the urban areas. The Pacman, no doubt about it, brings in the money every time he fights in Las Vegas. Filipinos by the thousands from all over the US Mainland and Hawaii descend on the casinos and powers the local economy. With Pacman expected to be gone, Las Vegas economy will slide down further. More people including their dogs will live in the streets, vacant lots, and parks.










Photo Caption: Filipino father and son inside a Las Vegas Casino