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The Gaming Entertainment Indutry

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The key takeaways are that gaming entertainment refers to the casino industry and includes casinos, card games, lottery games, betting on horse and greyhound racing. It has evolved to include hotels, restaurants, entertainment and other amenities beyond just gambling.

The different forms of gaming entertainment discussed include casinos, card games, lottery-operated games, betting on greyhound and horse racing.

The casino industry has evolved from just gambling to now be called gaming entertainment as it includes full-service hotels, retail, and entertainment offerings in addition to gambling. It is also now more regulated by governments.

THE GAMING

ENTERTAINMENT
INDUTRY
WHAT IS GAMING
ENTERTAINMENT?

 The term gaming entertainment refers to one subset of the


gaming industry, namely, the casino industry.
 The dramatic growth of this part of the hospitality business
has brought with it significant changes in how business in this
industry operate and what they offer their guest.
 OVERVIEW
 1. The Casino Industry has
developed into a new business
called gaming entertainment
with the instroduction of full-
service hotels, retail, and
entertainment offerings.
 2. To operate gaming
entertainment business, it is
necesarry to uderstand the
relationship between the casino
and other departments in the
operation
 3. Gaming Entertainment is
strictly regulated by the
state governments, and the
integrity development over
time by these regulations is
necesarry for the survival of
the industry.
 4. Nongaming revenue is
increasing as a percentage
of total revenue of gaming
entertainment businesses.
 5. Native American gaming
entertainment businesses
are a means for economic
self-development by tribal
people.
FORMS OF GAMING
ENTERTAINMENT:

 CASINOS
 CARD GAMES

 LOTTERY – OPERATED GAMES

 BETTING ON GREYHOUND

 HORSE RACING
 CASINO

 An area in which gaming


activities take place
 Involving table games and slot
machines.
 The Casino gaming industry is
clearly an important provider of
jobs, wages and taxes to the
world’s economy.
 CARD GAME

 Any game using playing


cards as the primary
device with which the
game is played, be they
traditional or game –
specific.
 LOTTERY –
OPERATED
GAMES

 Is a form of gambling that


involves the Drawing of
numbers at random for
prizes.
 BETTING ON
GREYHOUND
 Is an organized,
competitive sport In
which greyhounds are
raced around a track.
 The simplest way to
bet on grey-hound
racing is to back a dog
to win. Pick one of the
six runners and just
tell tote how much you
want to put on. It’s as
simple a that and if the
dog wins, you win.
 HORSE RACING

 Is a sport of running
horses at speed, mainly
Thoroughbreds with a
rider astride or
Standardbreds with the
horse pulling conveyance
with a driver.
Gaming Entertainment
Defined
Gaming Entertainment…
-Commercial and Native American casinos
-Card rooms
-Charitable games
-Lottery operated games
-Wagering on greyhound and horse races
Definitions

Handle…
-What the consumer bets (wagers)
-$500 billion dollars
Win…
-Gross gambling revenue
-$48 billion dollars
 Casinos count for half of the U.S. gaming dollars
Gaming Versus Gambling

Gaming entertainment…
-Casino floor (gambling)
-High-quality food and beverage
-Hotel rooms
-Live performances
-Theme park, theme rides, and museums
-Land, based, and riverboats
Gambling…
-Playing a game of risk for chance of making money
Who Is the Guest?

Guests…
-Increasing acceptance by all consumers
-32% of U.S. households gamble in casinos
-Younger players
-White-collar jobs
-Wants total entertainment experience
History of Gaming

History…
-Gambling legalized in 1931 in Las Vegas
-From 1940-1978 Las Vegas was a monopoly for gaming
 No hotel rooms
 No entertainment
-Gaming Control Board and Nevada Gaming
Commission
The Move to New Jersey

New Jersey…
-Gambling legalized in 1976
-Looked at gaming to invest capital, create jobs, pay
taxes, and attract tourists
-Casino Control Act funded Casino Control Commission
Native American Gaming

Native American…
-In 1987 the Supreme Court determined if state has
gaming, so may Native Americans
-11% of all winnings are from Native American casinos
-Indian Gaming Regulatory Act (IGRA)
 Provides framework for games
 Defines different “classes” of gaming
National Gambling Impact
Study Commission
Commission…
-Signed into law in 1996 to study social and economic
impacts of gambling in the United States
-Two-year study
Focus of Commission
Commission (cont.)…
-Review existing policies
-Relationship
 Gambling and crime

-Assess problem gambling


-Review impact on society
 Determine how gambling affects revenue to government

 Study interstate and international effects of gambling by

electronic means
Size and Scope

Growth…
-Publicly traded companies is 45
-Public acceptance
-People like to wager
-More demand than supply
Aided economic growth in states…
-Taxes
-Capital investment
Controversy

Controversy…
-Dislike of gaming
 Moral beliefs
-Social costs
 Organized crime
 Street crime
-Gambling addictions
Key Players
Mirage Resorts
Mirage Resorts…
-Treasure Island
-Golden Nugget
-Monte Carlo
-Bellagio
-Soon to be in Atlantic City
Key Players
Harrah’s Entertainment

Harrah’s Entertainment…
-Reno, Lake Tahoe, Las Vegas, and Laughlin NV
-Atlantic City, NJ
-Riverboat and dockside casinos
-Native American Casinos
Key Players
Hilton Hotels Corporation
Hilton Hotels Corporation…
-Purchased Bally Entertainment
-Las Vegas, Reno, and Laughlin
-Atlantic City
-New Orleans riverboat
-Canadian casino
Star Trek at Hilton Las
Vegas
Star Trek…
-$70 million venture
-Targets
 Baby boomers
 Generation X
-Simulation ride
-Television screens
Key Players

Players…
-Caesars World hotel/casinos
-Las Vegas, Lake Tahoe
-Atlantic City
Key Players
Circus Circus

Circus Circus Hotel…


-Owns hotels and casinos in
three states
Luxor Owned by Circus
Circus
Luxor…
-Based on Egyptian pyramid
-World’s largest atrium
-4500 hotel rooms
-Thrill seeking rides
-Museum
Excalibur Owned by
Circus Circus

Excalibur…
-Based on medieval period of time
-4000 hotel rooms
-Evening jousting matches
Key Players
MGM Grand
MGM Grand…
-113 acres
-5000 hotel rooms
-“City of Entertainment”
-Six-story lion entry
New Players

New Players…
-Boyd Gaming
 10 gaming and hotel facilities in 4 states
-Grand Casinos
 Develops, constructs, and manages land-based and dockside casinos
-New York New York Casino
-Sands Venetian Resort
Careers in Gaming
Entertainment
Careers…
-Hotel operations
-Food and beverage operations
-Casino operations
-Retail operations
-Entertainment operations
Trends in Gaming
Entertainment
Trends…
-Merging frenzy
-Look at entertainment for profit & growth
-Hotel room inventory in gaming properties is
expanding
-Continued scrutiny by government
-Exceptional service quality is key to success
-Great management opportunities for students
REASONS FOR VISITING CASINOS
1. EMPLOYMENT
2. TO PLAY THE GAMES
3. TO EAT AND DRINK
4. ENTERTAINMENT
5. TO SOCIALIZE
6. MEETING NEW
PEOPLE
Games and Facilities
that exist on Casino
Floor
Table and Card Games
Blackjack
 The object of the game is to have the two cards in your hand

add up to more than the two cards in the dealer’s hand –


without exceeding 21.
Baccarat
 The “player” and the “banker” each receive two cards with the

object being to get a point total closest to 9. Just remember, face


cards and tens have no value.
Craps
 Is a fast-paced, action-packed game utilizing a pair of dice.
Pai Gow Poker
 The object of Pai Gow is to make the two best poker hands.
Players use a traditional deck of 52 plying cards plus one joker.
The joker must be used as an ace or a wild card to complete a
straight or a flush.
Roulette
 The mirage offers both single zero and double zero roulette
wheels. Players bet with colored roulette chips designated for
each roulette table. The dollar value for each chip is determined
at time of buy-in.
Let it Ride Poker
 Let it Ride lets you control two of three bets made on the game.

Players place three equal bets on the table, then receive three
cards, with two community cards being dealt as the game
progresses.
Three Card Poker
 Three Card Poker is two games in one, offering

three ways to bet and fours ways to win.


Crazy “4” Poker and Ultimate Texas
 These are two unique and exciting variations of

poker. The dealers and casino hosts will answer


any questions you have about how to play them.
Casino War
 This game is simply a classic. The player and
dealer each receive one card. If your card is
higher than the dealer’s, you win.
Slot Machines
 It uses sounds and graphics
from the television
gameshow that has been a
worldwide hit for
International Game
Technology.

 One of the longest-lasting


slot games, Blazing 7s was
introduced by Bally in the
1970s. It’s still around
today.

 It has a classic, elegant look


with its diamond symbols
that serve as multipliers.
 Megabucks was the first wide-
area progressive. It doesn’t hit
often. But when someone wins,
they win millions of dollars.
 The progenitor was Aristocrat
Technologies’ Hyperlink, and
the theme that helped it rise to
popularity was Cash Express.
At jackpot time, the Cash
Express train starts rolling
across the screen carrying your
chance to win
 Reel ‘Em In had five video
reels. When three fishing lures
of the same type landed on the
reels, the reels where replace by
a scene of fisherman on a pond.
 Cleopatra was introduced
in live casinos as a five-
video reel, 20-payline
game with an Egyptian
theme. Reel symbols
included scarabs, the Eye
of Horus and, of course,
Cleopatra.
 Sphinx was one of the first
video 9slots with a two-
tiered bonus round,
kicking the fun up a notch
from the first second-
screen bonuses.
 Appealing characters and
memorable moments
galore have delighted slot
players just as they’ve
delighted movie fans for
generations.
 Virtual dice roll onscreen to move
you around to board to collect
properties for bonuses. The more
expensive the property, the bigger
the bonus.

 You choose suitcases or boxes.


Along the way, an online banker
would make offers for you to end
the round, and you’d have to
decide: Deal, or no deal?
Keno and Bingo

 The difference between keno and bingo is that bingo players do not have the
option to choose their own numbers, so some online sites allow you to change
your cards if you’re not happy with your existing ones, but you can’t
physically pick and choose each number on your card/cards, or if you choose
to play in cheaper or more expensive room. With Keno, players can pick up
to twenty numbers from the selection available, and decide what type of bet
they wish to make, and how much they want to wager.
RACE AND SPORTS
BOOK
 Race books featuring wagering
on horse track on betting while
sports books feature
professional and collegiate
sporting events.
CASINO CAGE

 The financial customer and


accounting for money handled
on the casino floor represent
integral activities cage
Surveillance

It includes watching on all



gaming activities and it is
also known as the "eye-in-
the-sky".
Ancillary Department

 These are the Support


department that includes
restaurant operations, bars, and
entertainment centers.
http://plrplr.com/3827/top-10-reasons-for-visiting-a-casino/

THE HOSPITALITY INDUSTRY by Celia E. Cariño, Ma. Pamela N. Beltran,

Joseph Bismark de Ocampo

Https://www.Britannica.com>sports

INTRODUCTION TO HOSPITALITY MANAGEMENT by John R. Walker

https://mirage.mgmresorts.com

http://www.winkslots.com

http://www.twolittlefleas.com

–source

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