You are on page 1of 45

The Gaming Entertainment

Industry

Chapter 11

Gambling or the Gaming Industry

- has become a major force in the


tourism industry

Gambling or the Gaming Industry


Casin
os
Card games

Charitable games

Gambling or the Gaming Industry


Lottery-operated games

Horse races

Betting on greyhound

Gambling or the Gaming Industry

The total amount of bets is called the


handle and the net amount of spending by
the customer is called win by the gaming
industry.

Gambling or the Gaming Industry

The total amount of bets is called


handle
the
and the net amount of spending by the
customer is called
win
by the gaming industry.

Gaming
Entertainment
- refers to one subset of
the gaming industry that
is the casino industry
-what used to be known as
the casino business is now
known as the gaming

Gaming
Entertainment
- refers to one subset of
the gaming industry that
casino
is theindustry
-what used to be known as
the casino business is now
gaming
known
as the

Gaming
Entertainment
Gaming revenue is
obtained from casino win or
the money that guests spend
on the casino floor.

Non-gaming revenue
comes from sources that
are not related to betting
on the casino floor.

Gaming
Entertainment

Gaming revenue

is
obtained from casino win or
the money that guests spend
on the casino floor.

Non-gaming revenue
comes from sources that
are not related to betting
on the casino floor.

Gaming
Entertainment

Luxor Casino Hotel, Las Vegas, Nevada, U.S.A

Excalibur Casino Hotel,


Las Vegas, Nevada, U.S.A

Riverboat Casino
(Courtesy of Dubuque Casino Belle, lowa, U.S.A)

Games and Facilities that


Exist
on the Casino Floor
Table games

Card games

Slot machine/Video games

Keno and bingo

Race and sports books

Casino cage

Surveillance

Ancillary departments

Games and Facilities that


Exist
on the Casino Floor
Table games

Card games

Slot machine/Video games

Keno and bingo

Race and sports books

Casino cage

Surveillance

Ancillary departments

Games and Facilities that


Exist
on the Casino
Floor
These involve wagering or betting between the
Table games

These involve wagering or betting between the


Casino and customers.

Card games

These are different from table games in that the


casino does not wager against each other with the
player but merely offers games in which players can
gamble against each other with the casino providing
or dealing the games.

Slot machine/
Video games

Slot machines feature simulated or actual spinning


Reels that are activated by the pull of a handle or the
push of a button.

Keno and bingo

Both are based on random number selections.

Games and Facilities that


Exist
on the Casino
Floor
These involve wagering or betting between the
Table games

These involve wagering or betting between the


Casino and customers.

Card games

These are different from table games in that the


casino does not wager against each other with the
player but merely offers games in which players can
gamble against each other with the casino providing
or dealing the games.

Slot machine/
Video games

Slot machines feature simulated or actual spinning


Reels that are activated by the pull of a handle or the
push of a button.

Keno and bingo

Both are based on random number selections.

Games and Facilities that


Exist
on the Casino
Floor
Race books feature wagering on horse track betting
Race and sports books

while sports books feature professional and collegia


sporting events.

Casino cage

The financial customer transactions and accounting for mon


handled on the casino floor represent integral activities for
cage.

Surveillance

It maintains a careful watch on all gaming activities through


the use of high tech cameras and video recording devices.

Ancillary departments

These are the support departments that include


Restaurant operations, bars, entertainment centers
Such as lounges or show rooms, and lodging facilitie

Games and Facilities that


Exist
on the Casino
Floor
Race books feature wagering on horse track betting
Race and sports books

while sports books feature professional and collegia


sporting events.

Casino cage

The financial customer transactions and accounting for mon


handled on the casino floor represent integral activities for
cage.

Surveillance

It maintains a careful watch on all gaming activities through


the use of high tech cameras and video recording devices.

Ancillary departments

These are the support departments that include


Restaurant operations, bars, entertainment centers
Such as lounges or show rooms, and lodging facilitie

Reasons for Visiting Casinos


The lure of gambling
Economic

Recreation/Entertainme
nt
Curiosity/must-see
attractions

Social
Amenity offerings

Reasons for Visiting Casinos


The lure of gambling
Economic

Recreation/Entertainme
nt
Curiosity/must-see
attractions

Social
Amenity offerings

Scope and importance


of
Gaming
Now a big business.
Entertainment
Tripled with a marketing capitalization of 30
billion dollars.
Pays more than two billion dollars a year in
gambling privilege taxes to state
governments.
Casino operations are labor intensive.
Casino gaming has created more than
700,000 direct and indirect jobs with wages
of approximately 21 billion dollars.

Scope and importance


of
Gaming
Now a big business.
Entertainment
Tripled with a marketing capitalization of 30
billion dollars.
Pays more than two billion dollars a year in
gambling privilege taxes to state
governments.
Casino operations are labor intensive.
Casino gaming has created more than
700,000 direct and indirect jobs with wages
of approximately 21 billion dollars.

Controversial Elements of
the Gaming Entertainment
Industry
Organized Crime and Casinos

The issues of political corruption and organized crime are more likely
to be by-products of illegal gambling than of well regulated legal
commercial gambling

Gambling Addiction

A chronic and progressive failure to resist impulses to gamble. The


phenomenon of gambling addiction is one that the gaming entertainm
industry takes seriously.

Controversial Elements of
the Gaming Entertainment
Industry
Organized Crime and Casinos

The issues of political corruption and organized crime are more likely
to be by-products of illegal gambling than of well regulated legal
commercial gambling

Gambling Addiction

A chronic and progressive failure to resist impulses to gamble. The


phenomenon of gambling addiction is one that the gaming entertainm
industry takes seriously.

Key Players in the


Gaming
Entertainment
Industry
Mirage Resorts

ITT Corporation

Harrahs Entertainment Hilton Hotels Corporation

Circus Circus

MGM Grand

Key Players in the


Gaming
Entertainment
Industry
Mirage Resorts

ITT Corporation

Harrahs Entertainment Hilton Hotels Corporation

Circus Circus

MGM Grand

Key Players in the


Gaming
Entertainment
Industry Mirage Resorts

Key Players in the


Gaming
Entertainment
Industry Mirage Resorts

Key Players in the


Gaming
Entertainment
Harrahs Entertainment
Industry

Key Players in the


Gaming
Entertainment
Harrahs Entertainment
Industry

Key Players in the


Gaming
Entertainment
Hilton Hotels Corporation
Industry

Key Players in the


Gaming
Entertainment
Hilton Hotels Corporation
Industry

Key Players in the


Gaming
Entertainment
Industry ITT Corporation

Key Players in the


Gaming
Entertainment
Industry ITT Corporation

Key Players in the


Gaming
Entertainment
Industry Circus Circus

Key Players in the


Gaming
Entertainment
Industry Circus Circus

Key Players in the


Gaming
Entertainment
MGM Grand
Industry

Key Players in the


Gaming
Entertainment
MGM Grand
Industry

Career Opportunities in
the
Gaming Entertainment
Industry
Hotel Operations

Casino Operations

Food and Beverage Operations

Retail Operations

Entertainment Operations

Career Opportunities in
the
Gaming Entertainment
Industry
Hotel Operations

Casino Operations

Food and Beverage Operations

Retail Operations

Entertainment Operations

Career Opportunities in
the
Gaming Entertainment
Industry
Hotel Operations

Casino Operations

Food and Beverage Operations

Retail Operations

Entertainment Operations

Career Opportunities in
the
Gaming Entertainment
Industry
Hotel Operations

Casino Operations

Food and Beverage Operations

Retail Operations

Entertainment Operations

Career Opportunities in
the
Gaming Entertainment
Industry
Hotel Operations

Casino Operations

Food and Beverage Operations

Retail Operations

Entertainment Operations

Career Opportunities in
the
Gaming Entertainment
Industry
Hotel Operations

Casino Operations

Food and Beverage Operations

Retail Operations

Entertainment Operations

Career Opportunities in
the
Gaming Entertainment
Industry
Hotel Operations

Casino Operations

Food and Beverage Operations

Retail Operations

Entertainment Operations