The casino industry in Australia operates under an environment of uncertainty. According to the Australian Bureau of Statistics Australia’s 13 casinos recorded a total operating loss of $288 million in 97-98. Outsiders predict a gloomy future for the casino industry in the next few years due to the reduction in international high rollers and the low level of management talent in Australia’s young casino industry.?? In this business environment Crown must implement business strategies will carry it into the next century as one of the worlds most successful casino complexes.
The Crown was set up as a multimillion-dollar establishment in order to attract international gamblers especially the Asian junket gamblers. However with the economic meltdown of countries such as Thailand, Indonesia, and Malaysia Asian gamblers are fewer and have less money to gamble. The present focus of Crown casino towards the Asian market is fruitless as its competing in a highly saturated international market. International casinos have a much better operational efficiency compared to Crown due to the high levels of tax and intense monitoring experienced by Australian casinos. Nevertheless this excessive regulation reduces the perception of corruption which can be used to market Crown as a reputable operator in the world stage.
Its current strategy of focusing on the Asian market is an inefficient management of resources. Crown should focus on the growing local market, which would stabilise the b...
The second threat is many states are legalizing or planning to legalize commercial casino gambling. Unlike Native American casinos commercial casinos turn over a large share of their profit to the cities and states in taxes.
For years, casino gambling was portrayed in the media and Hollywood as being associated with criminal activities and the mafia. Now with proper scrutiny and government regulations, casino gambling has become a lucrative business, with casinos stock even trading on Wall Street. Casino gambling is an increasingly popular and legal activity in many states throughout the United States. “The term gambling or ‘gaming’ as the industry calls it, means any legalized form of wagering or betting conducted in a casino, on a riverboat, on an Indian reservation, or at any other location under the jurisdiction of the United States” (National Gambling Impact Study Commission Act). States that allow casino gambling benefit vastly by re-incorporating the taxation of commerce gained from casinos and tourism associated with the casinos back into the state and local communities.
Casinos are very tricky when it comes to “customer relations”. They allow their customers to forget about the world around them and concentrate on winning, when the whole time they are robbing them blind. In most cases, people walk out of casinos with empty pockets and a stomach full of booze.
The Gambling industry attempts to win support with misleading information in its promotions. For example, gambling is said to help stimulate the economy by providing more jobs. According to the American Gaming Association study, "In 1995, the casino industry recorded $25 billion . . . and paid only $7 billion in wages" (Arthur Anderson). Also according to Maura J. Casey, there is high unemployment rates around casinos. (Casey 37) With people's losses and by encouraging workers to believe in cheating customers, casinos focus on gaining more and more money for their n...
Las Vegas also it is familiar as “Sin City,” is one of the most famous tourist place in the world. It is an incredible place in the middle of dessert, it is a city established from nothing to something great. Vegas has developed in tourism and population as well to become beyond universal. Las Vegas has ranked the fastest-growing state, according to the Las Vegas review journal, “Nevada ranked as the nation’s two fastest-growing states over the past year, according to U.S. Census Bureau population estimates for 2016 released Tuesday.” Las Vegas is known as a gambling city, nightclubs and casinos. Gambling plays a big role in many Nevadans Lifestyles. This is such a problem that should be considered. In this essay I will discuss about how gambling has a big effect on Nevadans lifestyle, plus how to avoid being addictive to gambling. In Las Vegas there are stereotypes of gambling, such as Lottery, slot machines, cards, and many others. But in this essay I will only discuss on slot machines.
A few major states such as California legalize marijuana and every other state is supposed to just follow suit. Research on medical marijuana should be further into development before others decide to legalize marijuana. Some just may see as a means of helping society, but the truth is it’s an illicit drug. The marijuana legalization will cause a slippery slope effect, causing accidents such as impaired driving, increased child use, and misdemeanor within the law. The Supreme Court has begun to investigate cases of medical marijuana use. According to Reflections On Medical Marijuana Prosecutions and The Duty To Seek Justice, “ Just four years later, in Gonzales v Raich, the Court affirmed the federal government’s authority under the Commerce Clause to prosecute the non-commercial, intrastate cultivation and possession of medical marijuana” (Kreit, 2012). The Commerce clause regulates commerce with other nations. This gave the federal government the power to prosecute non-commercial marijuana from other nations. Since marijuana isn’t legal in all states, the public will try to find other ways to get
The Great Transformation From A Casino City To a Resort Destination Atlantic City is the place to gamble on the East Coast. Although this may initially seem to be a positive characteristic, it is evident that this destination has the capability to be so much more than it already is. This point of interest has the world’s first boardwalk, which opened in 1881, has 4 miles of hotels, amusements, and casinos. Atlantic City was originally a resort town, until 1978, when it changed into a gaming city. This popular day-trip destination had over 34 million visitors in 1998 alone. Despite this amazing statistic, along with the revenue that gambling brings in, many steps are being taken in order to further promote the expansion of this great city. The renovations and improvements being made to the Atlantic City Convention Center are already increasing the amount of money coming in. There is a great deal of other things to focus on in the Atlantic City region. In endorsing local attractions in this scenic area, and in shifting the target market of this spot, this city would change back into a resort destination. When most people think of Atlantic City, the first thing that comes to mind is the casino attractions that are available. With the city’s constant shuffle and excitement, gamblers from all over go there dreaming of a big win. Many people consider Atlantic City to be the “Las Vegas of the East Coast”. There are over 12 casinos, with one building as magnificent as the next. At any given second of the day, these hopefuls may have their lives changed in an instant with just one win. These casino hotels gain most of their income from gamblers. Casinos employ almost 49,000 people every year. This number should actually jump when the Marina District opens. Although Atlantic City prospers as a gambler’s paradise, many would love to show others just how much more Atlantic City really has to offer its tourists. The Atlantic City Convention Center, built in 1929, was renovated with $72 million in 1997. With the world’s largest pipe organ, everyone from the Beatles to Pavarotti has played there. It was designated a historic landmark in 1987. Conventions, trade shows, meetings, and public events of the greater Atlantic City area all take place here. When the renovation is finally completed, it will seat up to 12,000 people for special events.
Gambling in the industry is fast-growing, multi-million industry in the United States. Gambling could also be traced back to the “Wild, Wild, West.” Gambling is not uncommon at root of many saloon gunfights...
Marijuana, also known as weed, is smoked for the high, as well as for “nausea, glaucoma, appetite simulations, mucous membrane inflammation, leprosy, fever, dandruff, hemorrhoids, obesity, asthma, urinary tract infections, cough, anorexia associated with weight loss in AIDS patients, pain, and multiple sclerosis” (“Marijuana Overview Information”). Medicines to treat some of the listed ailments have not been found as of, yet so patients are suffering from pain and ongoing symptoms from their disease or illness. The only treatment for some of these ongoing symptoms and pain is medical marijuana. This is why medical marijuana is being pushed to be legalized in America. The “high” that users get from smoking marijuana relieves pain for a short period of time. Dr. Mark Ware tested cannabis (mar...
For the past decade or so, there has been a war on legalization of medical marijuana that states that patients would have to be either prescribed by their doctor, or have permission from their doctor to grow marijuana and smoke it for MEDICINAL PURPOSES. In todays world, some parents are even giving their young kids medicinal marijuana to cure there sickness. Such as Kaitlyn Pogson who is a 13 month child who suffers from epilepsy. Barry Pogson (father) decided they were going to move to Colorado because it wouldn't be legalized in Canada in time to save her life. Just after a week, Kaitlyn was more alert, slept better and hasn’t had to return to emergency for seizures. They couldn’t believe it.
Medicinal marijuana can provide multiple types of pain relief. First, it was proved to relieve asthma attacks and improve breathing. Also, its active ingredient, THC, reduces vomiting and nausea caused by chemotherapy. It relieves the muscle pain and spasticity that comes from multiple sclerosis, and may also help some of these unfortunate patients with bladder control and relieve tremor. The leading cause of blindness in the United States is caused by glaucoma, which is when the pressure inside one’s eyeball has increased. Marijuana, when smoked, reduces this pressure, making it a significant amount better to deal with. Medicinal cannabis also strongly improv...
The world is changing. The push for marijuana legalization is in full effect in the United States. With the legalization of medicinal marijuana in California on November 5, 1996, the United States has progressed in its movements for full legalization (mbc.ca.gov). Now with 21 states, plus Washington D.C, having state level medicinal marijuana legalization laws in full effect, along with both Colorado and Washington having recreational use of marijuana legalized, the United States is on a path for full legalization (whitehouse.gov). The legalization of cannabis in the United Sates will provide the state and federal governments with increased tax revenue, save money and resources from the war against marijuana, and most importantly, benefit the people in numerous ways.
Marijuana is one of the oldest cultivated plants in the world (7). Since it became illegal in 1967 (5), there have been many questions of whether or not it is good for medical purposes. Debates between people that are for and against the use of marijuana in medicine have been heated and in recent years, referendums have been brought up in several states to make it available for medical treatment. Personally, I think that marijuana has the power to be a significant help with certain aliments, however, I think that more research is needed to prove its' medical potential.
Marijuana has been proven to treat numerous diseases and help cope with the pain from them. There is scientific research behind Medical Marijuana being able to treat these diseases. Research shows that it is effective managing and treating certain symptoms and diseases. It is legal in some states in the U.S. and has been helpful to many patients with their struggles related to their condition. A doctor who supports the use of medical marijuana stated that "The evidence is overwhelming that marijuana can relieve certain types of pain, nausea, vomiting and other symptoms caused by such illnesses such as multiple sclerosis, cancer and AIDS -- or by the harsh drugs sometimes used to treat them. And it can do so with remarkable safety. Indeed, marijuana is less toxic than many of the drugs that physicians prescribe every day." (Joycelyn Elders 1) This quote supports the use of medicinal marijuana for reliving patient’s symptoms in a safe way with lo...
Gambling is described as the betting of money or property on the result of an event or game that is mainly random with the desire to win more money or gain additional property. The industry or sector created by the activity of legal gambling is referred to as gaming. Since inception, gambling and gaming has continued to develop to an extent that it worth more than $335 billion across the globe. Most of the revenues obtained in this industry are generated by casinos and lotteries. In the past few years, gambling and gaming have attracted significant concern and controversy, especially with regards to the morality of the practice and whether its financial benefits outweigh the damage. While proponents of gambling