Casino Resort Essays (Examples)

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the casino resort indusry
PAGES 5 WORDS 1508

Introduction The casino resort business consists of a number of companies that operate high profile casino resort businesses. At the core, these companies earn their money from casino, hotel, restaurant and related revenues. They operate where gambling is legalized, as the casino element of the business is critical to their business model. The gambling attracts the guests, and then the resort function works to extract as much money as possible from this captive audience. While the firms in this industry are all relatively similar in this respect, they might differ on some of the details about target markets, their financials and how they execute on this business model in general. This paper will outline some of the major companies in this industry, using their most recent 10-K reports. For most firms, that is the 2016 report, the exception being Caesars Acquisition Co, where the latest report was the 2015.
Las Vegas Sands
Las….

The difference in price is because in casino resort hotels, one pays as per the facilities used, but in traditional full service hotels, the prices are inclusive of everything present in the rooms, whether the client uses them or not.
In casino resort hotels, the revenue of the hotel is generated from the many fields in the hotel such as gambling games, betting games, golf courses, tennis courts, the hotel itself and other social services offered by the hotel. On the other hand, in traditional full service business hotels, the revenue is mainly generated from accommodation and lodging services and other services related to accommodation such as their restaurant and conference facilities.

Casino resort hotels offer table wagering games and other gambling activities such as sports betting and slot machines. Such activities are primarily for leisure and entertainment. On the contrary, traditional full service hotels offer services such as accommodation and….

Casinos also pay taxes to the government which again means that the local community loses the money gained by the casino. Another way in which the local economy does not benefit from the casino is when the casino gets its supplies from external suppliers or the casino owners live outside the casino's economic area. Some of the casino profits can also be lost as a result of government services provided in that area like providing better roads and traffic control to the casino. (Hsu, 1999)
The casino may also require additional police protection and judicial activity in case criminal activity goes up in the region. Las Vegas has also had its own share of problems as an off-shoot of the phenomenal success of casinos there. It has had to deal with air pollution, shortage of water, inadequate methods of mass transportation and other infrastructure related problems. Despite these problems, Las….


Given the strong and increasing competition in the gaming and entertainment industry, Mandalay should apply a more aggressive strategy. The group should continue to expand the business. This will attract more clients, and it will expand Mandalay's number of target segments, which will eventually lead to increased incomes.

As mentioned above, Mandalay's strategy should focus on social responsibility also. By involving in the lives of its customers, Mandalay will be a more present figure in the customers' minds, which should lead to an increased degree of loyalty. Customer loyalty can also be reached by increasing customer satisfaction.

As a consequence, Mandalay's marketing department should seriously focus on discovering and analyzing customers' needs that have not yet been fulfilled. Implementing something new could help Mandalay gain serious competitive advantage over other gaming and entertainment industry players.

Mandalay should continue to exploit the advantage gained by addressing the entertainment oriented customers and to expand the….

Management on Casinos
PAGES 10 WORDS 2783

Management of Casinos
The history of gambling in the United States consists of three periods, called waves. During these periods, laws and social standards vacillated from prohibition to regulation and vice-versa (Dunstan 1997).

The first wave was during the colonial era from the 1600s to the middle of the 1800s when early colonists had a vastly different attitude towards gambling. These colonists were the Puritans and the English who established their individual communities, where their distinct values were observed and lived. The Puritans, prominently in the Massachusetts ay Colony, prohibited gambling, the possession of gambling items (cards, dice, gaming tables) and even dancing and singing. This rigid behavior, however, relaxed the following year to allow innocent gaming as recreation, but not as a trade or profession. The English, in contrast, not only allowed it but indulged in gambling as a harmless and popular diversion (Dunstan). Gambling was further enhanced by the then….

National corporations own many chains, even though several others are independently owned but affiliated with a chain through a franchise agreement.
Types of Hotels

The U.S. Department of Labour (2004) denotes five basic types of hotels:

Commercial - These hotels operate year round and are primarily located in cities or suburban places. The larger properties offer an assortment of services for their guests, such as coffee shops, restaurants, cocktail lounges, gift shops, newsstands, theatre, health spas, swimming pools, etc.. Even larger hotels offer banquet rooms, ballrooms to accommodate wedding receptions; business meetings. Convention and business meetings provide major sources of revenue for larger hotels

esort - These hotels are primarily located in vacation destinations near mountains, the seashore, or other attractions. Nowadays, some resorts provide additional convention and conference facilities to stimulate their customers to combine business with pleasure. (U.S. Department of Labour, 2004)

esidential - These establishments provide a living quarter for permanent….

strategy successful?
The sudden resurgence experienced by the Primm Valley Casino Resorts is based entirely on the recreation firm's response to natural market behavior. As its own executives reveal in the article by Medina (2011), it was only when they observed the rising popularity of the casino with a growing Hispanic population that the Casino decided to go all-in on a strategy of Latino courtship. By responding to natural market behavior rather than attempting to shoehorn the casino to fit expected demographic responses -- as had been done somewhat unsuccessfully with country music fans and retirees -- the casino town has seen a natural response of interest by this inherent target group.

This kind of responsiveness is surely at the base of the firm's success. Moreover, the change in strategy represents a departure from conventional logic in the industry. As the article by Medina reports, "People have always said things like,….

Business Management
In the present day, casino resorts are amidst the most perceptible hospitality business operations across the world. The casino industry has had an astonishing and remarkable growth over the years. In particular, the casino industry is by far one of the most considerable developments in the hospitality industry, in the course of the past thirty years or so. Its coming together with the lodging and hospitality industries has been significant and astounding. It can easily be pointed out that the biggest hotels across the globe are casino resorts, which are located in the Strip of Las Vegas (Walker, 2013).

Some of the aspects that sets apart the casino industry from other hospitality entities, and gives it a competitive advantage is that aside from the casino itself, the industry offers a full spread of entertainment, lodging, food and beverage, and also retail services. Different from other hospitality entities, the casino industry….

Hear That Word a Whole
PAGES 3 WORDS 957

If you have yet to eat in a casino -- trust me as one who eats in one several times a week -- you are truly missing out on a fantastic culinary experience.
After dinner, most casinos have bars and nightclubs to entertain you. This fits it with the theme of being a multi-purpose entertainment center. In some venues, sports bars are popular. They give gamblers and non-gamblers alike a means to escape the craziness of the floor. Sports bars provide a casual meeting point for people and a venue to relax after a hard day's vacationing, not to mention a place to watch the games on which they have placed a wager. Nightclubs allow guests to blow off steam. The clubs offer a wide range of music and entertainment options, and provide an additional drinking venue as well.

Another major form of entertainment, often overlooked, is shopping. People not only….

Business Plan Proposal
PAGES 3 WORDS 781

Business Plan Proposal:
The Ducks Poker Room

Business Plan Proposal: The Ducks Poker Room

Executive Summary/Company Description

The Ducks Poker Room will be a new for-profit gaming club primarily hosting players of versions of the card game known as "Poker." The Ducks Poker Room will also offer alternate games, including but not limited to promotions for prize pools involving tickets to college basketball and football games. Finally, The Ducks Poker Room will host patrons who are not playing poker.

Business Plan Objectives

Provide exceptional facilities, equipment, service, staff and merchandise that create a highly positive impression on our core customers;

Consistent entertainment atmosphere and product quality;

Capitalize on excellent location opportunity;

d. Launch the venue with a highly publicized grand opening event in the spring of Year 1;

e. Maintain tight control of costs, operations, and cash flow through diligent management and automated computer control;

f. Maintain food costs below 33% of food revenue;

g. Maintain total beverage costs below 25% of….

Introduction
The Cherokee Tribe in North Carolina is part of the Eastern Band of Cherokee Indians, a federally-recognized independent Native American Cherokee tribe whose home base is in Cherokee, North Carolina, south of the Smoky Mountains. The Eastern Band is comprised of the descendants of the approximately 800 Cherokee who did not join the Trail of Tears—the forced migration of the Native American nations from the Southern U.S. region to the western U.S. region designated by the U.S. government as Indian Territory following the Indian Removal Act of 1830. This relatively small number of Cherokee (compared to the 16,000 Cherokee who were relocated) avoided relocation by living on privately owned land, as opposed to communal land. For example, some 400 Cherokee lived on acreage owned by William Holland Thomas in the Smoky Mountains. Thomas had been taken in by the Cherokee in his youth and now returned the favor in his….

That relieves all the pent-up anxiety of a Trump wannabe. Therefore, such a viewer remains content with his or her current life, acquiescing to (and as a result reinforcing) current hegemonic power structures (i.e., the real power of big corporations, and corporate players like Trump, over all the rest of us)).
"The Apprentice" is especially successful at pro-hegemonic reinforcement, moreover, since it focuses on a subject we all (except for those born independently wealthy, or winners of huge lotteries) recognize and experience day-to-day: work. Hegemonic power of corporate workplaces, and, by association, a national government that allows, and encourages, corporate uses and abuses of power, are validated by "The Apprentice's" implicit suggestion that a high-powered corporate career, the higher paid and more prestigious the better [the stuff that makes the Ken Lays of the world tick], is exciting, fun, glamorous, where the winners are, and something to aspire to, rather….

Mizpah Hotel Fire in Reno
PAGES 5 WORDS 1748

Since ownership of the building had not changed recently, there was no requirement to upgrade to a sprinkler system, and combined with the building's historic status, this was never done. There were also problems with water pressure and receiving water during the fire, which they recommended should be addressed.
In conclusion, the Mizpah fire was a tragic fire that did not need to occur. Had the building been equipped with a sprinkler system, the tragedy and damages could have been avoided. The City of eno has begun inspections as a result of the fire, and there have been some changes in procedure. The entire building was eventually demolished, and the site is empty today. Twelve victims might be alive today if a working sprinkler system had been installed in the building, and it is a lesson for other fire departments across the nation. They need to make it easier to….

Organizational Psychology
Among the challenges faced by Borgata in the months before its opening was the daunting task of hiring 5000 employees. Hiring 5,000 employees in just a few months is a challenge under any circumstance. The massive recruitment process at Borgata was made more difficult since it did not have a physical employee center within Atlantic City, it was hosting the development data center about 100 miles away and therefore they needed to complete the process of hiring through the web. In order for Borgata to find high quality employees enough to fill the required positions they had to engage in a creative recruitment campaign which led to 30,000 well qualified job applicants (Overman, 2004). The Borgata Casino and Spa was a perfect example of an entity that required a large volume of personal that are of high quality within a very short timeframe. Casinos are highly competitive businesses….

Appelfeld Wiesel Kosinski
PAGES 4 WORDS 1218

adenheim resort is the usual resort of the frivolous 20s and 30s, with cafes, casinos, entertainment locations, etc. The middle class Jew that comes here is in no way different from any middle classed individual that wants to relax during the holiday, close to his family and friends, involved in vacation activities, chatting to the other members of the community on holiday, enjoying the parks and leisure activities in the resort.
In this sense, I am not sure that being a Jewish guest in the resort is much differentiated from being a non-minority guest here. Perhaps this is the entire sense of Appelfeld's work: in a year when the Second World War is due to start, in a period when Jewish persecutions are already at a significant level, with ghettos formed across Europe and with serious limitations on Jewish activities, one can still enjoy a quiet holiday as a Jew.

As….

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5 Pages

Business - Industries

the casino resort indusry

Words: 1508
Length: 5 Pages
Type:

Introduction The casino resort business consists of a number of companies that operate high profile casino resort businesses. At the core, these companies earn their money from casino, hotel, restaurant…

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2 Pages
Essay

Recreation

Operation of Casino Resort Hotels

Words: 622
Length: 2 Pages
Type: Essay

The difference in price is because in casino resort hotels, one pays as per the facilities used, but in traditional full service hotels, the prices are inclusive of…

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6 Pages
Term Paper

Economics

Casinos Help Turn Around Local

Words: 2542
Length: 6 Pages
Type: Term Paper

Casinos also pay taxes to the government which again means that the local community loses the money gained by the casino. Another way in which the local economy…

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2 Pages
Term Paper

Business

Mandalay Resort Group the Events

Words: 528
Length: 2 Pages
Type: Term Paper

Given the strong and increasing competition in the gaming and entertainment industry, Mandalay should apply a more aggressive strategy. The group should continue to expand the business. This will…

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10 Pages
Term Paper

Recreation

Management on Casinos

Words: 2783
Length: 10 Pages
Type: Term Paper

Management of Casinos The history of gambling in the United States consists of three periods, called waves. During these periods, laws and social standards vacillated from prohibition to regulation and…

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35 Pages
Term Paper

Recreation

Timesharing in Resorts Holiday and

Words: 9737
Length: 35 Pages
Type: Term Paper

National corporations own many chains, even though several others are independently owned but affiliated with a chain through a franchise agreement. Types of Hotels The U.S. Department of Labour (2004)…

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3 Pages
Essay

Business - Advertising

Strategy Successful The Sudden Resurgence Experienced by

Words: 806
Length: 3 Pages
Type: Essay

strategy successful? The sudden resurgence experienced by the Primm Valley Casino Resorts is based entirely on the recreation firm's response to natural market behavior. As its own executives reveal…

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2 Pages
Essay

Transportation

Analysis of Aspects in the Hospitality Industry

Words: 634
Length: 2 Pages
Type: Essay

Business Management In the present day, casino resorts are amidst the most perceptible hospitality business operations across the world. The casino industry has had an astonishing and remarkable growth over…

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3 Pages
Research Proposal

Recreation

Hear That Word a Whole

Words: 957
Length: 3 Pages
Type: Research Proposal

If you have yet to eat in a casino -- trust me as one who eats in one several times a week -- you are truly missing out…

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3 Pages
Business Plan

Recreation

Business Plan Proposal

Words: 781
Length: 3 Pages
Type: Business Plan

Business Plan Proposal: The Ducks Poker Room Business Plan Proposal: The Ducks Poker Room Executive Summary/Company Description The Ducks Poker Room will be a new for-profit gaming club primarily hosting players of versions…

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10 Pages
Research Paper

Native Americans

The Culture of the Eastern Band Cherokee

Words: 3152
Length: 10 Pages
Type: Research Paper

Introduction The Cherokee Tribe in North Carolina is part of the Eastern Band of Cherokee Indians, a federally-recognized independent Native American Cherokee tribe whose home base is in Cherokee, North…

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3 Pages
Term Paper

Economics

Television's Hit Series the Apprentice

Words: 1203
Length: 3 Pages
Type: Term Paper

That relieves all the pent-up anxiety of a Trump wannabe. Therefore, such a viewer remains content with his or her current life, acquiescing to (and as a result…

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5 Pages
Research Paper

Recreation

Mizpah Hotel Fire in Reno

Words: 1748
Length: 5 Pages
Type: Research Paper

Since ownership of the building had not changed recently, there was no requirement to upgrade to a sprinkler system, and combined with the building's historic status, this was…

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3 Pages
Case Study

Education - Computers

Organizational Psychology Among the Challenges Faced by

Words: 1029
Length: 3 Pages
Type: Case Study

Organizational Psychology Among the challenges faced by Borgata in the months before its opening was the daunting task of hiring 5000 employees. Hiring 5,000 employees in just a few…

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4 Pages
Term Paper

Literature

Appelfeld Wiesel Kosinski

Words: 1218
Length: 4 Pages
Type: Term Paper

adenheim resort is the usual resort of the frivolous 20s and 30s, with cafes, casinos, entertainment locations, etc. The middle class Jew that comes here is in no…

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