search query: @indexterm Gambling industry / total: 97
reference: 67 / 97
| Author: | Seligman, D. |
| Title: | Competition Turmoil time in the casino business |
| Journal: | Fortune
1987 : MAR. 2, No. 5, p.78-86 |
| Index terms: | GAMBLING INDUSTRY USA FINANCIAL PERFORMANCE |
| Language: | eng |
| Abstract: | A review of the expansion of the U.S. casino business, rise in casino winnings and news that a 30% increase in the industry's capacity will not be linked with an increase in profits, how the growth rate is 6%, slot machines earn a return of over 1,900%, maximum wages of dealers, the high house take, how casinos lose money in Nevada: the huge debt charges from the construction of a casino hotel and high promotional expenses, dependence on tour packages, impact of the drop in oil prices on spending of players, successful casino companies, the downscaling in the market and hit of Circus Circus in combining a circus with a casino and a wedding chapel. Reference to the extension of the Bank Secrecy Act to casinos. |
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