LA: Louisiana could raise taxes on alcohol for first time since 1948

LA: Louisiana could raise taxes on alcohol for first time since 1948   KLFY News By Kellie Brown February 18, 2016 Louisiana has not raised taxes on alcohol since 1948 but that could soon change as state legislators’ works on the looming budget deficit.   This increase would not only affect alcohol consumers but also […]

Thailand cracks down on ‘hardcore’ booze trips to South Korea

Thailand cracks down on ‘hardcore’ booze trips to South Korea   Travel Mole February 19, 2016 The Thailand Tourism ministry has moved to block travel companies from selling ‘hardcore’ alcohol fuelled trips to South Korea.   Online advertisements began surfacing last week for tours of pubs and entertainment venues in South Korea promoting excessive drinking. […]

Light-to-moderate drinking good for your heart, researchers say

Light-to-moderate drinking good for your heart, researchers say   MedicalXpress February 18, 2016 People who drink wine, liquor or beer regularly are less prone to heart failure and heart attacks than those who rarely or never drink. Three to five drinks a week can be good for your heart.   Drinking a little alcohol every […]

Americans Spending More on Spirits, Says Pernod Ricard CFO

Americans Spending More on Spirits, Says Pernod Ricard CFO   The Street By Gregg Greenberg February 18, 2016 Americans spent more on spirits last year and they weren’t afraid to go top shelf, said Gilles Bogaert, chief financial officer at Pernod Ricard (PDRDY) . Pernod, which is headquartered in Paris, saw organic sales growth of […]

Regrets about alcohol privatization? We have a few (Blog)

Regrets about alcohol privatization? We have a few (Blog) Washington’s tax rate on alcohol is the highest in the nation.   Herald Net By Doug Parry February 19, 2016 You know how it goes. You let loose and have a few too many drinks. You tell yourself you can handle it, and if not? Well, […]

Why Americans don’t drink their share of wine

Why Americans don’t drink their share of wine   Source: Chicago Tribune Michael Austin Feb 18   We have some catching up to do. The world is crushing us in wine drinking.   In volume, because we are many, we are up there with the best of them. But individually, on a personal-productivity level, we […]

Alcohol Delivery App Thirstie Pours Itself a Double, Acquires DrinkFly

Alcohol Delivery App Thirstie Pours Itself a Double, Acquires DrinkFly   Source: Xconomy João-Pierre S. Ruth February 17th, 2016   The race to be the top app that people use to order alcohol for delivery took a new turn on Wednesday.   New York-based Thirstie has acquired DrinkFly, a Chicago-based company also in the alcohol […]

NRA Projects Records Sales in 2016

NRA projects record sales in 2016   Trade group expects sales to grow 5 percent to $782.7 billion in 2016   Source: NRN Jonathan Maze Feb 17, 2016   The National Restaurant Association is projecting record foodservice sales in 2016 as consumers eat out more often -their finances improved by years of saving, an improving […]

The ‘Mad Men’ era of drinking is upon us

The ‘Mad Men’ era of drinking is upon us   Source: Washington Post By Christopher Ingraham February 17   If it seems like everyone at the bar these days is trading in beer for bourbon, it’s not just in your imagination.   In 2015, hard liquor continued its decade-long onslaught against the supremacy of beer, […]

Which country drinks the most amount of alcohol per capita?

Which country drinks the most amount of alcohol per capita?   Source: News.com.au February 17, 2016   IT HAS about 1.6 million alcoholics and its citizens drink an average of 14 shots of hard liquor a week.   That’s one heck of a hangover.   But if you think it’s the vodka-happy Russians or beer […]