With Lamar Odom being found in a brothel , the business of sex is once again in the headlines. Strip clubs make the money they do, not only because what they offer sells itself, but also because of the high-rollers they attract. This is true, not just for Wall Street, but for many industries with an entertainment budget. In these industries, business entertaining is the backbone of relationship building. This has been so common the IRS actually categorized it as a tax-deductible business expense. As easy as it is to sell alcohol and gorgeous naked women, it seems almost impossible major strip clubs would shut down for anything short of a police bust.
Football clubs hit by the recession
Name something the RECESSION hasn't EFFECTED ? | Yahoo Answers
This interesting article from the Telegraph shows how the economic crisis is causing problems for football clubs in the UK. Do you agree with this statement; Give reasons for your answer using the article to help you 8 marks. Join s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning. You can also follow tutor2uEconomics on Twitter, subscribe to our YouTube channel , or join our popular Facebook Groups.
Name something the RECESSION hasn't EFFECTED ?
If we talk strictly geography, few outside California know of a sleepy suburb called the San Fernando Valley. It sits within a minute drive from Los Angeles, the town everyone knows for its Walk of Fame, recently preserved giant hillside sign, and clash of numerous cultures spread abundantly throughout its confines. If the fantasy land of Hollywood is known as "Tinseltown", then the alternative fantasy land of the San Fernando Valley is known jokingly as the "San Porn-ando Valley" or "Silicone Valley. The production of videos usually takes an impressively quick two to three days, with hundreds of films coming out every week. On one hand, it has meant an increase in business, but also a proliferation of competition, including competition from amateurs.
But these days, the city built on excess is seeing a troubling sign: moderation. Gambling revenue and hotel occupancy are down. Resorts are slashing room rates and offering coupons or free nights. Casino operators are firing hundreds of workers, and their stock prices have plummeted since October. Credit is drying up for hotel and condominium projects planned before the slowdown arrived.