...copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Do not remove this notice. SKY CITY HOTEL CASINO The Sky City Hotel Casino is a 640‐room resort complex featuring a full range of Nevada‐ style gaming: slot machines, table games (twenty‐one, craps, poker, roulette, baccarat and keno). Besides the hotel and casino, it also has four separate restaurants, two entertainment showrooms, and three gift shops. It is located in an extremely competitive market that includes 25 other hotel casino properties within a 10‐mile radius. Given the competitive market, the casino management uses a wide range of marketing promotions to attract customers to the casino facilities where, it is hoped, they will try their luck at the slots or table games. Casinos are designed in such a way that customers must walk through or past the gaming area to get to the restaurants or the hotel registration area. The primary objective of a hotel casino property is to keep a gaming customer in the complex. The casino industry is a unique service industry that has created gaming odds that over a period of time will result in the casino generating revenues from its customers. For example, in this region, the house normally keeps 2.1% of every dollar that a player puts into a slot machine. Other states and Indian...
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...1. Executive Summary 1.1 Brief Summary While the Trump organization continues the expansion of its entertainment/luxury conglomerate through the recent acquisition of half ownership over the sports entertainment giant The World Wrestling Entertainment (WWE) and its recent entry into the higher-tier water business with its new brand, Trump Ice, it’s Casinos in Atlantic City (AC) do not seem to be doing so well. With increased competition, mounting regulations, and a relatively depressed economy the overall revenue of the Trump Organization’s AC hotels are diminishing, with administration expecting lower market shares in the coming years (“Trump buys raw”, 2009) (“The Trump Brand, 2012) (“Trump Entertainment Resorts, Inc”, 2010) (Bary, A., 2011). The organization’s failure to systematically allocate resources for periodic improvements/updates to these facilities have cost it the inability to attract or retain customers. In fact, just recently the organization relinquished one of its AC properties, The Trump Plaza to its competitor, The Golden Nugget (Wittowski, 2011). This is allocation of resources is critical in an industry where customer retention is correlated to the amount of expenditure and improvements made to the facilities. This slump in the organization competitive performance has been the case for quite some time. The Trump Organization has repeatedly fell at the brink of filing for bankruptcy – due to high leverage, low liquidity, and poor operating performance...
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...Table of Contents Introduction………………………………….….…..…..Pg. 3 Broad Overview of the Gaming Industry…………....….Pg. 4 Trends……………………………………………..…….Pg. 5 Is My Business Fit for Gaming…………..…..................Pg. 6 Larry Katz of Dot’s Diner………………….……….…..Pg. 7 Lessons Learned……………….......................................Pg. 7 Conclusion…………………………………….….……..Pg. 8 Works Cited……………………………………………..Pg. 9 There are many industries that are out there providing jobs for many different people in this world. There is however, quite none like the Gaming Industry. The beginning of gambling can be traced to religious rituals in pre-historic societies. The rituals had a purpose of predicting the future. The procedure of the rituals was simple and consisted of “casting the lots” throwing small objects like pebbles, sticks, nuts, arrows etc. out of the palms of the hands or any container (Hoovers, 2012). The result was checked to see if the number of the objects on the ground was “odd” or “even”. “Even” number meant a positive outcome and “odd” stood for a negative one. With time that process became more complex and also involved interpreting the patterns of the objects lying on the ground. The next step in the evolution of these rituals integrated the sacrifices from the participants to encourage the fate of the Gods to deliver positive signs and help. The sacrifices were normally personal stakes which turned those involved from observers into active players of the process...
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...made it illegal for financial institutions to transfer funds between punters and online-gambling sites. Some companies promptly pulled out of the American market. But others stepped in, and the opportunities to bet online have expanded elsewhere in the world. So, after a brief dip, Americans are now betting online about as much as they did four years ago. The Justice Department still maintains that online gambling is illegal, yet large numbers of Americans carry on regardless. The reason is simple: anyone who wants to gamble and has an internet connection can do so. And plainly many people do want to gamble. In 2009 the legal gambling market totalled $335 billion globally. Nearly two-thirds of that came from lotteries and casinos. Gambling in casinos is growing fast in East Asia, particularly Macau, the world’s biggest market. As our special report explains, online gambling remains relatively small (just over $25 billion in 2009), but, as with so many online industries, it is hugely disruptive to both business and policy. Horseracing is one likely casualty. It will not disappear entirely—it still accounts for over 7% of the global gambling market, and attendance at marquee events like the Grand National and the Kentucky Derby remains strong—but it boomed when it was virtually the only legal form of gambling available, and a cut of the bets went to sustain the...
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...White Paper: An Analysis of Harrah’s Total Rewards Players Rewards Program © 2006 Gaming Market Advisors December 2006 Prepared by Gaming Market Advisors 330 E. Warm Springs Rd Las Vegas, NV 89119 4340 E. Kentucky Ave. Suite 311 Denver, CO 8024 Table of Contents I. SUMMARY OF FINDINGS............................................................................................................................................1 II. PROJECT OVERVIEW..................................................................................................................................................4 Methodology ........................................................................................................................................................4 III. TOTAL REWARD PROGRAM OVERVIEW ..................................................................................................................5 Tiers and Tier Credits ............................................................................................................................................5 Reward Credits .....................................................................................................................................................7 IV. TOTAL REWARDS MARKETING STRATEGY .............................................................................................................11 V. TOTAL REWARDS TIER BENEFITS...................................................
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...Casino (1995) Postmodern Gangster Thriller A Universal Studios Film. Directed by Martin Scorsese. Written by Nicholas Pileggi and Martin Scorsese. Book by Nicholas Pileggi. Produced by Barbara De Fina. Cinematography by Robert Richardson. Edited by Thelma Schoonmaker. Casting by Ellen Lewis. Production Design by Dante Ferreti. Art Direction by Jack G. Taylor. Set Decoration by Rick Simpson. Costume Design by Rita Ryack and John Dunn. Running Time: 178 minutes. Cast: Robert De Niro (Sam “Ace” Rothstein), Sharon Stone (Ginger McKenna), Joe Pesci (Nicky Santoro), James Woods (Lester Diamond), Don Rickles (Billy Sherbert), Alan King (Andy Stone), Kevin Pollack (Phillip Green), L.Q. Jones (Dick Webb), Dick Smothers (Senator), Frank Vincent (Frank Marino), John Bloom (Don Ward), Pasquale Cajano (Remo Gaggi), Melissa Prophet (Jennifer Santoro), Bill Allison (John Nance), Vinny Vella (Artie Piscano) “This is a fictional story with fictional characters adapted from a true story.” This disclaimer which appears during the ending credits to Martin Scorsese’s 1995 film Casino seems to epitomize this Postmodern gangster film’s tenuous relationship to reality. Although based on the actual lives of gangsters Frank “Lefty” Rosenthal and Tony “The Ant” Spilotro, screenwriters Scorsese and Nicholas Pileggi opted to take enormous liberties with the historical data on the two men. The resulting disclaimer, confusing and seemingly selfcontradictory, reflects Postmodernism’s lack of faith in objective...
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...perspectives that supports common good to the community. This leads to the questions, would the Poker Machines help the economy just because the State Government receives taxes from Industry and in turn funneled to run community projects and resources that benefit the community, Poker Machines help the Hotel industry in revenue and that justifies employment, or would the community suffer and social services are needed at the expense of tax. The term 'Pokies - Poker Machines' is part of the Australian culture, statics show Australia is ranked 10th in the world for 'number of people per gaming machine' and ranked 6th in the world for 'number of machines by country'. That is 1 poker machine to every 108 individuals, located in RSLs, Hotels and Casinos and the total sum is 200,000 poker machines (Gaming Technologies Association, 2010). There is a correlation between common good and social justice when assessing the perspectives approach and reforms suggested in regards to the hotel industry, state government and social service organizations. The reason for this is social justice is a moral assessment of the way in which wealth, jobs, opportunities are distributed among different individuals or social class and it relates to common good as common good is when there is a common set of ideals or concept that appeals to most members of a community. For example, if the government wants to...
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...Macau Economy Macau’s booming tourism and casino industry has been inviting foreign investments which have helped it in becoming one of the renowned gaming centers of the world. In 2006, the revenue earned from gaming in Macau surpassed that of Las Vegas, and all taxes associated with gaming amounted to almost 75% of government revenue. The relaxation of travel restrictions coupled with the growth in the gaming segment resulted in nearly 27 million travelers visiting China in 2007, an increase of almost 62% over the preceding three years. Macau’s traditional textile industry has gradually shifted base to China due to termination of the Multi-Fiber Agreement in 2005. The Closer Economic Partnership Agreement (CEPA) signed between Macau and China allows tariff free movement of goods from Macau to mainland China. Pataca, the currency of Macau is closely connected with Hong Kong dollar and is freely accepted in Honk Kong. Economic activities of Macau Services activities dominated by tourism and gambling contribute nearly 96% towards its GDP (gross domestic product). Wholesale and retail trade, financial services, construction, and transport and communications are the other tertiary sector activities. The industrial sector is dominated by electronics, footwear, textiles and toy manufacturing facilities. Industries or secondary economic activities constitute almost 4% of GDP. The contribution of agriculture to Macau’s economy is negligible. With only 2% of total area...
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...Topic Selection The topic that I have chosen to do my research is Gaming: Regulations and Addiction. I am not a gambler. I never have been a gambler nor do I intend to participate in gambling in the forseeable future. However, I have the need to discuss this particular topic in anyway possible because I have noticed that gaming as a whole, has been gaining ground more than ever, especially in the rural America. Gaming has an impact on our society in such a negative way and has affected many people nationally and globally, gaming has affected some of people that I have grown up with and have known most of my life, including my mother who's now addicted to computer slot machine gaming. I see and the understand the catastrophic impact that gaming has on the people from my community, let alone my own mother, which is why I came to choose this topic. Three Research Questions 1.) Does gaming have any positive contribution to our society? I strongly believe it is crucial that we determine if gaming has an actual positive effect in our society or it is just an absolute disruption to our ethical views in life. I truly think that it is the latter but it is important that we take a look on different aspects of gaming as a whole before we can conclude upon it. 2.) Is there an ethical need for new regulations in gaming as a whole? It is critically important to review all the regulations that were put on gaming to...
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...companies’ commitment to Mississippi prove more vital than following Hurricane Katrina. When the storm hit in August 2005, the Mississippi casinos were forced to shut their doors. Instead of abandoning Mississippi, everyone worked excitedly to restore properties, place employees back to work and bring tourists back to Mississippi’s area. In the eyes of many, the financial impact is obvious by the capital investments and the thousands of jobs created, the quality of life has been improved by the growth and additions of other tourism-related businesses such as restaurants, outdoor recreation, small hotels, museums and festivals. Casino executives have made Mississippi their home and provided extensive community leadership, and millions of dollars have been donated by the industry to local social, educational, cultural, community and economic development organizations. Positive impacts and progress that did not exist for this region just two decades ago, now exists today. (Challenges to Mississippi Gaming Development since Katrina, 2010). Main point 1: I. Gaming Growth in Mississippi Sub-point 1: A. Permitting and Approvals Sub-point 2: B. Financing Main point 2: II. Economic Growth Sub-point 1: A. Catastrophic Natural Disasters Sub-point 2: B. Redevelopment of Mississippi Main point 3: III. Mississippi Gulf Coast Casinos Sub-point 1: A. Tourist Attractions Sub-point 2: B. Positive Impacts and Progress Conclusion Today the Mississippi Gulf Coast...
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...Research Proposal Proposed North Bay Casino: Community Perceptions ADMN-2136 Proposed North Bay Casino: Community Perceptions Introduction On May 17th , 2012, the city of North Bay accepted the proposal from the Ontario Lottery and Gaming Corporation to build a casino. The proposal has created differing opinions within the population. The research we would like to conduct will be analyzing the perspective of North Bay residents to discern critical factors that shape their overall impression of the topic. Socio-economic and public health sentiments are considerations used in the proposed analysis. The population`s knowledge of the coming event, recognized opportunities and benefits, perceived risks, and philosophical views are components contributing to our research. Casinos have both positive and negative implications for a community, and community attitudes are instrumental in their success rates. Research Problem A casino coming to North Bay has brought up some controversy, whether the public believes the casino would be beneficial or have a negative impact on the community. We will determine whether the residents of North Bay are opposed or supportive of this decision (Conrad, 2012). We will uncover the resident's opinion of this decision. We will be analyzing the general interpretation of North Bay's residents and if the casino will improve tourism for this area. This could be an exciting attraction and improve the social quality of the city. Additional...
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...people take gambling as a hobby and it is usually a harmless diversion. Sadly, in reality people enjoys it as they continue to gamble. Despite knowing that indulging in it will "blow a hole in your wallet". Activities like these are in truth, practices which will increase unecessary risks in life and decreases the brighter chances in life considering that the people who accepted the risk are unaware of the danger imposed on them. It is not surprising that gambling would become a popular leisure activity because there are certain evil religions that do encourage people to gamble. However, there are religions that prohibit gambling as a leisure activity. For example, Islam does not allow mortals to gamble, if they were caught or found in a casino, they would be charged under the Syariah Court. Which where only individuals of the Malay origin would have higher rates of being punished severely . Aside from religious reasons, the flaws of gambling include the...
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...Group 2 | Harrah’s Entertainment: Hitting the crm Jackpot | Harrah’s Entertainment Inc: Come out and Play In 1931, the casino gaming was legalized in Nevada and has become a socially acceptable form of recreational entertainment, thus, proliferation of casinos followed. In the early period of the industry, religious settlers felt that gambling was immoral which gambling was unacceptable for churches. But over the last decades, the popularity of gaming/casino industry has risen to new heights as casinos were forced to continuously change, renew, and rejuvenate themselves in order to survive in the industry. According to research, the US gambling industry consists of about 500 casinos, about 400 Indian casinos and bingo halls, and lotteries in about 40 states with combined annual revenue of about $80 billion. Today, the major players of the industry include Harrah’s Entertainment, MGM Resorts, and Boyd Gaming. The Gaming Industry To help us assess and have an in-depth understanding of this particular industry, Porter’s Five Forces Analysis is utilized: The threat of entry poses low pressure on the industry due to high barriers to entry. Government regulations and the large amount of capital requirement create barriers to new firms. The presence of close substitute products or services brings high influence on the casino industry. As an industry involved in providing leisure opportunities, it competes with a wide range of leisure activities like...
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...enjoys gambling, many benefits come to a casino owner. Casino owners become very innovative in their ideas to transition customers into clients. When I travel to gamble it normally takes 3 hours to get to the nearest casino arena. Because of the distance my plans are always to stay over and enjoy the gambling scenario. Because there are many like me who care to stay and enjoy their stay and hopefully win while there, casino owners have enhanced their casinos to ensure that business is consistently received. For example, Casinos have created gambling plans for their customers. One example would be if you play certain games you have the opportunity to get receive a free room or buffet dinners, this allows the customers to feel free to continue and enjoy their time. The downside to this incentive is when gamblers do not come, in this case rooms are not being occupied, food is not being eaten and money is not being made. To eliminate this casino owners have implemented timeframes as to when these rewards can be redeemed. This creates a market for equilibrium, supply and demand for the owner and their business. This benefits consumer such as myself, it allows me to spend more money while knowing that my meals and stay will be compensated based on how much or often I play at the casinos. I have begun to schedule my trips based on when I can use my rewards. For the business owner’s this keeps frequent players in their casinos even during off peak days and hours. Having...
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...Abstract (Summary) The topic that this paper has chosen to study is Gambling. It will look at the relationship between gambling and alcohol. The Research Question of this study is “How does the use of alcohol influence gambling, among young adults in Montreal?” The Research Hypothesis is “If a young adult in Montreal consumes alcohol while gambling, then they are more likely to be negatively effected.” The research method I used to gather my information was Surveys. The sample consisted of 93 young adults that live in Montreal. It was found that there was not a strong relationship that alcohol effects gambling behaviour negatively. The research hypothesis was not proven due to fact that there was no correlation between the two variables. Introduction Gambling and Alcohol are two big problems that society faces. For several years, these two agents, independent of each other, have separated families and ruined lives. Many young adults combine these the two agents, which has seen even more disastrous effects. In the study by David Giacopassi, B. Grant Stitt, and Margaret Vandiver, it was found that 54% of college students drank alcohol either “Occasionally”, “Frequently” or “Always”, when they were gambling. This study will look at Gambling and its relationship with alcohol. It will be looking to see what effect alcohol causes on those who are gambling. It will also compare this result with those who do not drink and gamble. Literature...
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