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Open Access. Powered by Scholars. Published by Universities.®

Tourism and Travel

University of Nevada, Las Vegas

2012

Customer relations — Management

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Full-Text Articles in Business

Maintaining The Profitability Of Gaming’S Premium Players, Maxwell J.H. Olson Jul 2012

Maintaining The Profitability Of Gaming’S Premium Players, Maxwell J.H. Olson

UNLV Theses, Dissertations, Professional Papers, and Capstones

Purpose: This paper does not seek to condemn the use of incentives for high-end casino players. Rather, it is intended to illuminate common policies and practices that might require more measurement and consideration prior to being distributed. This paper also explores and examines existing literature and findings regarding the profitability of high-end casino players and offers guidelines for evaluating profitability.

Statement of Objective: This paper targets existing policies and practices in the contemporary Las Vegas casino gaming business, separately examining the profitability of each incentive program or common practice. As a consolidated examination of such practices, this paper can serve …