Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Gambling (2)
- Gambling industry (2)
- Nevada – Las Vegas (2)
- 2008-2009 (1)
- Analysis (1)
-
- Casino gaming (1)
- Casinos (1)
- Comparative public policy (1)
- Financial crises (1)
- Financial crisis (1)
- Global Financial Crisis (1)
- Government spending policy (1)
- Granting programs (1)
- Lotteries (1)
- Lottery proceeds (1)
- Profitability (1)
- Recessions (1)
- Recovery (1)
- Revenue (1)
- Slot machines – History (1)
- Slot machines – Technological innovations (1)
- Slot technology (1)
- Techno-politics (1)
- Tourism (1)
- Virtualization (1)
Articles 1 - 3 of 3
Full-Text Articles in Business
The Fiscal Forensics Of The Las Vegas Strip Lessons From The Financial Crisis, Dean M. Macomber
The Fiscal Forensics Of The Las Vegas Strip Lessons From The Financial Crisis, Dean M. Macomber
Occasional Papers
Hitting with the force of a 100-year storm, the first two years of the financial crisis caused a $5.2 billion swing from profitability to loss for the top 22 performing Las Vegas Strip properties between peak fiscal year 2007 and 2009. By fiscal year 2011 visitor count had almost climbed back to peak levels but the aggregate loss is still stubbornly high at $ -1.6 billion. Other signs of recovery trickle in but are sporadic and volatile. This article is an attempt to disaggregate the variance and look at where Las Vegas has been, where it is now and how …
Halos, Alibis And Community Development: A Cross National Comparison Of How Governments Spend Revenue From Gambling, Lynn Gidluck
Halos, Alibis And Community Development: A Cross National Comparison Of How Governments Spend Revenue From Gambling, Lynn Gidluck
Occasional Papers
This paper provides a cross-national comparison of how governments around the world distribute revenues from state-directed gambling and how these choices have been justified by proponents and vilified by critics. Case studies where governments have popularized gambling expansion by “earmarking” revenues for particular good causes and where the state has collaborated with the voluntary sector to deliver programs from this revenue stream are examined. Lessons learned from challenges of various approaches are considered.
Containment And Virtualization Slot Technology And The Remaking Of The Casino Industry, Kah-Wee Lee
Containment And Virtualization Slot Technology And The Remaking Of The Casino Industry, Kah-Wee Lee
Occasional Papers
This paper examines how the casino industry was transformed by slot technology between 1950 and 1990. The criminalization of slot machines in the 1950s led to their massive evacuation into Las Vegas casinos. In this concentrated environment, slot machines revealed to casino operators an automated surveillance technology that could disassemble the player into streams of virtual data, not through any overt means, but through the very activity of play itself. Slot managers and gaming technologists found themselves empowered professionally as they experimented with ways to transform data into profits. From the 1970s to the 90s, this technological development effectively linked …