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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (348239)8/24/2007 8:35:43 AM
From: Elroy  Read Replies (4) | Respond to of 1573889
 
So then, if Dubai makes gambling legal, then it will be big news.

Everyone in the UAE has an identity card which lists their religion. If they were to legalize gambling, there would likely be a law that all gamblers will have to show their id card to prove that they are not Muslims. Whether the law would be enforced or not is another story. For example, alcohol is legal in hotel bars and restaurants and in licquor shops, and every consumer/purchaser of alcohol in those venues is supposed to be ready to show their id card to prove they are not Muslim. The law exists, but is only enforced in the licquor stores, and then loosely. Arabs drink licquor all the time in hotel restaurants, whether they are Muslim or not is never brought up, but it theoretically could be if the police chose to enforce that law.


To make a single $5 billion investment in a casino suggests that fund is very big.


Evidently they got some cheap packaged subprime loans as collateral....