RECR 250 Chapter Notes - Chapter 13: Boyd Gaming, Mirage Resorts, Mgm Resorts International

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Document Summary

What is gaming entertainment: 5 types legal gambling in us, 1. Pari-mutuel gambling: gaming industry inc. , 445 casinos in 11 states. Lottery op. games: charitable games, dog/horse racing. Gaming entertainment elements: gaming, refers to casino gaming bus. & all its aspects inc. : casino floor (gambling, high qual. Profile of the gaming guest: over 1/3 us households have visited a casino in past 12 months, 85% of us adults say casino entertainment = acceptable for themselves/oth, typical lv cust. = younger & willing to spend more $ Objectives of igra: provide statutory basis for op. of gaming by na tribes, provide statutory basis for reg. of gaming, est. independent reg. auth. Size/scope of gaming entertainment: public acceptance has grown, local gov. permit more est. to open, gaming industry pays billions in taxes ea. yr, new jobs created, revitalizes local economies, 462 commercial casinos in us.

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