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Full-Text Articles in Business

The Gaming Industry And The Millennium Bug, Michael L . Kasavana, Kathleen P. Brewer Dec 2012

The Gaming Industry And The Millennium Bug, Michael L . Kasavana, Kathleen P. Brewer

UNLV Gaming Research & Review Journal

While much has been written about the Y2K bug in general, the gaming industry is among those slow to address the issue. As we quickly face the dawn of the new millennium, there are urgent issues to be addressed. This article examines the problem, major issues, potential solutions, and the impact of time constraints on the casino industry.

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Two Consumption Models For United States Casino Areas Utilizing Competition And Site Attribute Variables, David M. Pearlman Dec 2012

Two Consumption Models For United States Casino Areas Utilizing Competition And Site Attribute Variables, David M. Pearlman

UNLV Gaming Research & Review Journal

In this study, multiple regression techniques were used to build two consumption models to better understand supply and demand influences on casino revenues. The initial model contained 15 independent variables and explained 97% of the variance in revenues. However, due to assumption violations, assessing the relative role of each independent variable proved to be problematic. Subsequently, a Reduced Variable Model was developed which explained 83% of the variance, and included six independent variables. As stand-alone prediction tools, the models do not yield useful revenue estimates, due to their large standard errors of the estimate, however, they do explain relative influences …

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A Global Market Analysis Of Casino Gaming On The Internet, Lawrence Dandurand Dec 2012

A Global Market Analysis Of Casino Gaming On The Internet, Lawrence Dandurand

UNLV Gaming Research & Review Journal

Technology can provide gaming to any household in the world. The market potential of casino gaming on the Internet is substantial. This article summarizes an analysis of the global Internet casino gaming market. It indicates: (1) the nature of Internet casino gaming; (2) the competitive environment; (3) market opportunities; (4) environmental constraints; (5) marketing strategies; (6) market demand; (7) market potential; and (8) a flexible diffusion of innovation model for forecasting market demand.

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Blackjack At Thirty Thousand Feet: America's Attempt To Enforce Its Ban On In-Flight Gambling Extraterritorially, Steven Grover Dec 2012

Blackjack At Thirty Thousand Feet: America's Attempt To Enforce Its Ban On In-Flight Gambling Extraterritorially, Steven Grover

UNLV Gaming Research & Review Journal

No abstract provided.

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A Chronology Of (Legal) Gaming In The U.S., George G. Fenich Dec 2012

A Chronology Of (Legal) Gaming In The U.S., George G. Fenich

UNLV Gaming Research & Review Journal

No abstract provided.

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Constraints To The Growth Of Native American Gaming, James A. Davis, Samuel M. Otterstrom Dec 2012

Constraints To The Growth Of Native American Gaming, James A. Davis, Samuel M. Otterstrom

UNLV Gaming Research & Review Journal

Since the Indian Gaming Regulatory Act was passed in 1988, high-stakes bingo halls and casino operations have spread to reservations across the country and generated millions of dollars in revenues for their respective tribes. While some tribes have been able to exploit their sovereign status and establish high-stakes bingo parlors and casinos on reservations across the country, this study describes how external and internal constraints limit the adoption of gaming ventures by other tribes. Constraints include the location of the reservations, increasing competition, disagreements among tribal members, and opposition from the private and public sectors.

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Educating For The Gaming Industry: Need, Profile, And Suggested Schema, Leslie E. Cummings Dec 2012

Educating For The Gaming Industry: Need, Profile, And Suggested Schema, Leslie E. Cummings

UNLV Gaming Research & Review Journal

As legalized gambling becomes increasingly widespread and competitive, operators seek employees who understand its unique culture and demands. Today, few baccalaureate programs offer gaming management education. Gaming subject areas for college programs span three content spheres: (a) gaming and games themselves; (b) gaming interfaces with other hospitality subjects (lodging, accounting); and (c) the gaming/hospitality environment (regulation, economics). In a given academic program, gaming content integration can be measured along a continuum, from nonexistent, to somewhat integrated within existing courses, to comprising a central educational focus.

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New Developments In Gaming Taxation And Regulation: An Update, Susan H. Lvancevich, Bernard N. Fried Dec 2012

New Developments In Gaming Taxation And Regulation: An Update, Susan H. Lvancevich, Bernard N. Fried

UNLV Gaming Research & Review Journal

The gaming industry is facing increased regulatory interest. Congress has authorized a commission to investigate gaming in the United States. The Internal Revenue Service continues to interpret ambiguous areas of the tax code in an attempt to raise gaming tax revenues. Regulatory changes in currency transaction reporting have also resulted in some significant changes for the industry. The purpose of this paper is to provide an update on tax and regulatory issues currently facing the gaming industry. Specifically, the paper will address tax and regulatory developments in: (a) tip compliance, (b) cash transaction reporting, (c) complimentaries, (d) employee cafeterias, (e) …

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An Examination Of University Student Gambling Practices, Michael Yuan, Susan Yuan, Patricia Janes Dec 2012

An Examination Of University Student Gambling Practices, Michael Yuan, Susan Yuan, Patricia Janes

UNLV Gaming Research & Review Journal

Concerns about student gambling behavior are often based on the popular opinion that students gamble all the time, that students spend too much money gambling, and that students readily become addicted to gambling. The purpose of this study was to examine whether popular opinions related to student gambling are factually based. This was done by examining the relationship among demographics, gambling practices, and views of personal gambling practices of Central Michigan University students. The study results suggest that these popular opinions regarding student gambling may not be factual, or at least may not be as serious as initially perceived.

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The Gaming Industry And The North American Industry Classification System, Wesley S. Roehl Dec 2012

The Gaming Industry And The North American Industry Classification System, Wesley S. Roehl

UNLV Gaming Research & Review Journal

No abstract provided.

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Analysis Of Video Poker, Edward Gordon Dec 2012

Analysis Of Video Poker, Edward Gordon

UNLV Gaming Research & Review Journal

Several analyses of video poker reported expected payouts in the vicinity of 99.6 percent. The analysis techniques they used were critically reviewed to validate those favorable results for Jacks or Better video poker. Improvements in playing strategy were discovered during the validation. The performance is now 99.7 percent expected payout. Wong (1988) called attention to an error in the technique earlier analysts used. However, it was found that this error amounted to only 0.1 percent in the overall expected payout.

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Providing More Effective And Efficient Casino Rfps, John R. Mills, Jannet M. Vreeland Dec 2012

Providing More Effective And Efficient Casino Rfps, John R. Mills, Jannet M. Vreeland

UNLV Gaming Research & Review Journal

The proliferation of gaming has required governmental entities to become more efficient in the selection of new gaming operators. The Request for Proposal (RFP) process has become the accepted method for selecting operators in new jurisdictions. However, the development of this process has been, and continues to be, evolving; more recent RFPs have learned from the mistakes made in earlier ones. The authors discuss how to make the RFP process more effective and efficient by analyzing the mistakes made in previous RFPs. They provide recommendations on how to structure the initial RFP and about what information should be contained in …

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Down At The Track - What Policy, Marketing, & Technology Offer The Sport Of Kings, Leslie E. Cummings Dec 2012

Down At The Track - What Policy, Marketing, & Technology Offer The Sport Of Kings, Leslie E. Cummings

UNLV Gaming Research & Review Journal

Horse and dog racetracks across the U.S. are experiencing declining attendance and betting handle. This article summarizes an investigation into possible causes and remedies for these trends. Three topics emerged: policy, marketing, and technology. First, industry and political leaders must cooperate in identifying and addressing central political-legal issues. Racing's second focus must be marketing management, especially the changing competitive marketplace and specific marketing mix elements. A third concentration for racing industries is the intelligent application of technologies for such strategic purposes as expanding both the track product mix and its distribution.

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Club Gaming In New South Wales, Australia: The Transition To Industry Maturity, Nerilee Hing Dec 2012

Club Gaming In New South Wales, Australia: The Transition To Industry Maturity, Nerilee Hing

UNLV Gaming Research & Review Journal

The New South Wales club gaming industry has existed for forty years since the introduction of slot machines in 1956 and has witnessed the impact of changing legal, competitive, social, economic, and technological factors on its competitiveness. Using Michael Porter's framework of competitive forces (1980), this paper analyzes the industry's life cycle in terms of entry barriers, industry rivals, customer markets, and substitute products. This analysis provides evidence that the industry has evolved from an emergent industry to one which is now approaching maturity. Industry cooperation, strategic management, and a refocusing of marketing efforts are suggested as suitable responses by …

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The Case For Casino Gaming, Christian Marfels Dec 2012

The Case For Casino Gaming, Christian Marfels

UNLV Gaming Research & Review Journal

Casino gaming in the United States is the fastest growing segment of the expanding entertainment industry. Nevertheless, gaming opponents continue to spread arguments against gaming which are based on their moral-ethical beliefs. In contrast, this paper makes the case for gaming by looking at the economic reality. In the real world, casino operators provide the best products in highly competitive markets, gaming contributes net economic benefits to society, and the alleged substitution effect of gaming does not exist.

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Problem Gambling: A Problem For The Gaming Industry And The Broader Community, Shannon Bybee Dec 2012

Problem Gambling: A Problem For The Gaming Industry And The Broader Community, Shannon Bybee

UNLV Gaming Research & Review Journal

No abstract provided.

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New Jersey Licensing Issues: Applications And Investigations, Thomas A. Jingoli Dec 2012

New Jersey Licensing Issues: Applications And Investigations, Thomas A. Jingoli

UNLV Gaming Research & Review Journal

No abstract provided.

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The Legal Status Of Gaming And Its Impact On Licensing, Shannon Bybee Dec 2012

The Legal Status Of Gaming And Its Impact On Licensing, Shannon Bybee

UNLV Gaming Research & Review Journal

No abstract provided.

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Mitigating Inadequate Security Claims Through Effective Security Measures, Susan H. Ivancevich, Daniel M. Ivancevich Dec 2012

Mitigating Inadequate Security Claims Through Effective Security Measures, Susan H. Ivancevich, Daniel M. Ivancevich

UNLV Gaming Research & Review Journal

Gaming and hospitality operators are currently facing a litigation crisis. Recent court decisions, such as Tailhook, have established that hospitality operators are responsible for foreseeable security problems. Because of the increased responsibility placed on gaming and hospitality operators to provide a safe and secure environment for their guests, patrons, and employees, companies must take a proactive stance regarding security. While the surveillance and security programs in place at most gaming establishments are often quite sophisticated, care must still be taken to remain current with technological advances in security and changing industry security standards. The implementation of security measures can help …

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Regulation And Auditing Of Indian Gaming Operations, Dennis P. Gauger Dec 2012

Regulation And Auditing Of Indian Gaming Operations, Dennis P. Gauger

UNLV Gaming Research & Review Journal

No abstract provided.

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Contemporary Tax Issues In The Gaming Industry, Susan H. Lvancevich, Bernard Fried Dec 2012

Contemporary Tax Issues In The Gaming Industry, Susan H. Lvancevich, Bernard Fried

UNLV Gaming Research & Review Journal

The gaming industry is currently experiencing rapid growth. Because of this growth and the perception that gaming companies are highly profitable, some fear that regulators may be targeting the gaming industry as a potential tax revenue source. The purpose of this paper is to provide an update on current tax issues facing the gaming industry and to present the positions of the gaming industry and the IRS with respect to these issues. Specifically, the following topics are discussed: 1) tip compliance, 2) cash transaction reporting, 3) tournament reporting and withholding rules, 4) complimentaries, 5) employee meals and cafeterias, 6) outstanding …

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1995: The Year New Jersey Gaming Regulation Came Of Age, Frank Catania, Gary A. Ehrlich Dec 2012

1995: The Year New Jersey Gaming Regulation Came Of Age, Frank Catania, Gary A. Ehrlich

UNLV Gaming Research & Review Journal

No abstract provided.

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Does The Johnson Act Inhibit Riverboat Gaming On The Great Lakes?, Bradley L. Williams Dec 2012

Does The Johnson Act Inhibit Riverboat Gaming On The Great Lakes?, Bradley L. Williams

UNLV Gaming Research & Review Journal

No abstract provided.

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Publication Abstracts Dec 2012

Publication Abstracts

UNLV Gaming Research & Review Journal

No abstract provided.

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Riverboat Site Selection, Lesley Johnson, John Bowen Dec 2012

Riverboat Site Selection, Lesley Johnson, John Bowen

UNLV Gaming Research & Review Journal

The riverboat casino is the most rapidly expanding segment of the gaming industry. Six states have already legalized riverboat/dockside gaming, and it is currently under review in at least 13 other states. The explosion of this gaming market is fueled by a combination of demand and supply side forces. Gaming, as a form of entertainment, is growing in popularity and acceptance. States experiencing hard economic times view riverboat gaming as a means to generate both non-tax receipts and tourism. Gaming companies seek to profit from this emerging market that has an apparently high demand and, initially, little competition. Competition, however, …

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An Evolutionary View Of The Critical Functions Of Slot Machine Technology, Leslie E. Cummings, Kathleen P. Brewer Dec 2012

An Evolutionary View Of The Critical Functions Of Slot Machine Technology, Leslie E. Cummings, Kathleen P. Brewer

UNLV Gaming Research & Review Journal

The U.S. gaming industry has grown from its infancy in the early 1930s to a maturing giant in the 1990s. With this growth has come an evolution in management functions associated with one of the major components of casino operations, the slot department. These functions; counting, analysis, security, maintenance, and marketing, have evolved through an iterative process of technology; applying science to enhance functionality. This paper traces the expanding applications of gaming technologies, and provides a framework for understanding the past, present and future uses of technology in casino slot operations

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Indian Gaming: Issues And Prospects, Seth R. Ferber, Kaye S. Chon Dec 2012

Indian Gaming: Issues And Prospects, Seth R. Ferber, Kaye S. Chon

UNLV Gaming Research & Review Journal

This article explains the evolution of Indian gaming from economic and social perspectives. Many of the political opportunities and threats to Indian gaming are examined, and current and future issues surrounding Indian gaming are further explored.

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Human Resource Issues In The Gaming Industry, Vincent H. Eade Dec 2012

Human Resource Issues In The Gaming Industry, Vincent H. Eade

UNLV Gaming Research & Review Journal

The gaming industry is currently experiencing unprecedented growth and with this growth, a myriad of business concerns have emerged. Perhaps the single greatest priority is to understand the needs of our most important industry asset: our employees. As with any service business, success is predicated on the quality of the product delivered by workers and employee performance often has it roots and can be traced to the degree of job satisfaction and training realized by the workforce.

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Prospects And Strategies Of Gaming Ventures In China, Zheng Gu Dec 2012

Prospects And Strategies Of Gaming Ventures In China, Zheng Gu

UNLV Gaming Research & Review Journal

This paper analyzes the prospects of gaming ventures in China and discusses the strategies for Western investors. A strong demand for gambling, changing government attitudes, increased wealth and leisure, and a fairly established foundation of tourism have created a favorable climate for gaming ventures in China. The major risks are political instability, policy inconsistency, and inflation. To develop gaming projects in China, Western gaming investors need to choose the right regions and build casinos different from those in Las Vegas. At the current stage, active involvement with a small amount of capital is recommended.

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The Effects Of Native American Gaming On Other Tourist Businesses, Carl A. Boger Jr. Dec 2012

The Effects Of Native American Gaming On Other Tourist Businesses, Carl A. Boger Jr.

UNLV Gaming Research & Review Journal

Native American gaming (NAG) has increased significantly over the Last several years since its Legalization in I988. Currently there are I70 Native American tribes that have some form of gaming. It has been estimated that NAG has become a 2 billion dollar industry for many states. In the next several years it could become one of the Largest industry throughout the United States. The overall impact of NAG has not been thoroughly studied due to its recent Legalization. This study examined the impact that the introduction of NAG has had on non-NAG businesses at a Wisconsin tourist destination area.

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