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

Business Commons

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

Articles 1 - 4 of 4

Full-Text Articles in Business

After Howard, Before The Mirage: The Early Corporate Era Of Nevada Casinos And The Shifting Visual Landscape Of Las Vegas, David Schwartz Jun 2020

After Howard, Before The Mirage: The Early Corporate Era Of Nevada Casinos And The Shifting Visual Landscape Of Las Vegas, David Schwartz

Executive Vice President & Provost Faculty Publications

Las Vegas casino history is often divided into the “classic” or “Rat Pack” era and the “corporate” or “megaresort era.” Classic Vegas starts in the early 1950s as the burgeoning gaming industry established itself on the Strip and can be said to end in 1967, when Howard Hughes’ purchase of five casinos signaled the start of a new regime. The megaresort era started in 1989 with the opening of The Mirage, and the time between Hughes’ arrival and Steve Wynn’s game-changer is typically brushed over as a mere precursor to the massive changes of the 1990s.


Twin River Worldwide Stepping It Up.”, David Schwartz Apr 2020

Twin River Worldwide Stepping It Up.”, David Schwartz

Executive Vice President & Provost Faculty Publications

Twin River Worldwide Holdings Inc. (TRWH) announced that it was acquiring three casino resorts from Eldorado Resorts Inc. and Caesars Entertainment Corp. The two gaming companies are in the process of consummating a merger.


Sin City: How To Shut Down A City That Never Closes, David Schwartz Apr 2020

Sin City: How To Shut Down A City That Never Closes, David Schwartz

Executive Vice President & Provost Faculty Publications

The casino closures that swept through the United States were entirely unprecedented. Never before had an entire hospitality industry been shut down overnight. While we don’t know when Americans will be free to gamble in casinos once more—or, indeed, what casino operations will look like when casinos reopen—the simple fact that casinos are closed gives us plenty to think about.


Why Change In The Gaming Industry Should Never Surprise Anyone, David Schwartz Feb 2020

Why Change In The Gaming Industry Should Never Surprise Anyone, David Schwartz

Executive Vice President & Provost Faculty Publications

There has been a great deal of change in the news lately for the gaming world. After more than a decade as head of MGM Resorts, Jim Murren is stepping down. The Chinese coronavirus outbreak has sent Macau gaming revenues into a tailspin. On a happier note, a big brand name is returning to a Las Vegas casino, with the announcement that Hilton will be operating three hotels as part of the Genting Group’s Resorts World development. Change is in the air. But that’s nothing new, and nothing the industry shouldn’t be expecting.