Management: Casinos
| ← The Financial System and the Level of Interest Rates | 5 Reasons Why Businesses Fail → |
Recent decades saw a rapid growth of casino industry both in the United States and over the world. There are several reasons for such expansion related to social, economic, technological, and political factors. This paper reviews these reasons in detail to understand the growing popularity of gambling services in the modern world.
Social impact on the casinos’ expansion is the most notable in the United States and other developed countries where people’s morale has changed in past decades. Along with the development of internet, people obtained more free views than ever before. Besides, because of high costs, casinos are often popularized as elite entertainment places. Therefore, the industry switched from immoral time spending to luxury relaxation in modern society.
From the economic side, positive effect includes the increased disposable income of population. Respectively, people who have more money to spend can allow themselves to expand the consumption of entertainment services. Moreover, with the increasing competition, the proportion of money spent on food and other primary needs decreases as prices in these industries are restrained by the fear to lose the market. On the opposite, casino industry is not oversaturated by competing organizations and still has a very strong potential for generating exceptional revenues from increased prices.
Improved infrastructure across states and cities also contributed to the expansion of casinos. Being one of the most important decisive factors of development, better physical access to entertainment facilities critically influenced their potential to develop. Now, more perspective and attractive locations for casinos are available as cities grow and new roads are being constructed.
At the same time, technologies provide additional opportunities for gambling industry. The existing casinos widely use and obtain notable benefits from new technologies. They allow them to extend the gambling opportunities, install new equipment for games, and even improve security in buildings. All this attracts more clients to this type of entertainment and decreases risks at the organizational level.
Another impulse in the industry’s expansion occurred with the wide spread of internet technologies. Today, the number of online casinos is rising rapidly every year. They not only complement old-fashioned physical casinos, but also pose a serious competition threat for them. Online casinos enhance popularity of the industry as people do not have to spend additional time for moving to the casino facility and can play from home any time. Moreover, they provide anonymity for those living in the societies in developing and some developed countries with unchanged attitude to this entertainment type and allow people to gamble without unwanted publicity.
Finally, casinos obtained support from most governments. The reason is that they provide a significant portion of taxes to local, state, and federal budgets. With growing revenues and increasing tax rates on their luxury revenues, casinos are readily allowed by governments to exist. Thus, more licenses are issued by supportive authorities to new organizations in the industry while the existing ones now enjoy less control from them than earlier.
To conclude, casinos became more popular in the past decades as people’s attitude towards this type of entertainment changed; governments, in their turn, started supporting their existence and potential clients earn now more disposable income available for luxury relaxation. Also, the development of modern technologies still continues playing an important role in further expansion of the industry in our lives.
Order business essays from our highly proficient essay writers !
- 5 Reasons Why Businesses Fail
- Business and Economics
- The Financial System and the Level of Interest Rates
- Business ethics (BBDE Health Center)
|
Brianne H.
Tampa, FL
|
|
|
The paper that I purchased from EssaysEmpire.com was well written. Thank you. I will have another order for you soon. Since I was so happy with the way things went, I see no reason to use any other writing service. Your service delivers the goods, just like you say you will. |
||
|
Mike G.
Rochester, NY
|
|
|
Your writing service is different from other writing services. Yours is the only one I have ever dealt with that I can truthfully say is legitimate. The staff is very professional. The writers are the best in the business. I am pleased with the results of my last three orders and plan to return for more soon. |
||
|
Ramona R.
Sparks, NV
|
|
|
Thank you for doing such stellar work on my paper. How anyone could write a paper this well on a subject this boring, is beyond me. When I tried to write it myself, I thought it would have put my professor to sleep! Your writers made it sound so interesting! I really appreciate that. Thanks a million! |
||
|
Patti F.
Boulder, CO
|
|
|
I have complete confidence in the quality of the work that I order from your writing service. You have always been the prime example of what a writing service should be. |
||
|
Phoebe K.
Madison, CT
|
|
|
I find your writing company to be professional, proficient and perfect. Your papers are always so good! They make good reading, in addition to being well written assignments. I can tell your writers really know their stuff! |
||
|
Sharon Q.
Lexington, OK
|
|
|
Working with your writers is always such a pleasure. Thanks again. |
||
|
Billie N.
Atlanta, GA
|
|
|
EssaysEmpire.com is the only writing company that I can trust with my important writing projects. I have learned that I can count on your quality and ability without fail. Thank you, EssaysEmpire.com, for only hiring the best writers. I wouldn’t dream of using any other writing service. |
||
|
Hannah B.
Tulsa, OK
|
|
|
I am happy. I am happy because I got an A+ on my research paper. I did this by hiring the professional writers at EssaysEmpire.com to write it for me. It was everything I had hoped it would be. Thanks, EssaysEmpire.com! |
||
|
Joyce T.
New Orleans, LA
|
|
|
I was trying to choose between EssaysEmpire.com and another online writing service and I didn’t know which one to pick. Then, I began to read reviews. I didn’t read even one thing negative about EssaysEmpire.com, and the other site was fraught with complaints. I went with EssaysEmpire.com, and it turned out that all the good things I had read about the service were true. My paper was fully guaranteed, but it was A-1 quality. The customer service people were great. The prices were right. Now, I am a devoted fan. When I need help with my writing, I go straight to EssaysEmpire.com! |
||
|
Jennifer C.
Sulphur, LA
|
|
|
Your writer did a great job on my history paper. I didn’t have to lift a finger, yet I received an A+. I read the paper and felt like I learned an entire semester’s worth of information. That’s how good it was! |
||
|
Rob B.
Tulsa, OK
|
|
|
I needed APA formatting, EssaysEmpire.com’s writers gave me APA formatting. I needed 2000 words. EssaysEmpire.com’s writers gave me 2000 words. I needed an A+ on my paper to bring up my GPA. EssaysEmpire.com gave me a paper that got an A+. I am a happy person, thanks to EssaysEmpire.com! |
||
|
Jeff M.
Baltimore, MD
|
|
|
I would like to commend your excellent writers for a job well done. They followed my directions to a tee. Thank you, EssaysEmpire.com for being who you are and for doing what you do. There is no better writing service anywhere. |
||
|
Mary R.
New York
|
|
|
Writer #48376 was very easy to work with. My professor made some changes to his requirements after he had assigned the paper. All I had to do was call your customer service and request to speak with the writer directly. Was able to relay the changes that my professor wanted, and he (writer #48376) accommodated them with no problem. I thought that was great. No headaches and perfect work. I couldn’t ask for a better experience! |
||
|
Phil E.
South Hadley, MA
|
|
|
So often, when one deals with customer service, he or she is treated rudely. That was not the case with EssaysEmpire.com. The agents were helpful and friendly, knowledable and concerned. I, for one, was astounded with their competence. When it came down to the actual written material that I ordered, it was much better than I had anticipated. There are clearly some expert writers who work for EssaysEmpire.com. I would rate this writing service as exceptional, 5 stars out of 5 stars. I will happily return when I need help with another written work. |
||
|
Barry M.
Seattle, WA.
|
|
|
BRAVO! EssaysEmpire.com has done it again. I have just received another A+ for an EssaysEmpire.com paper! Thanks!Thanks! |
||
|
Sylvia B.
Lakeview, MA
|
|
|
Your writers did an excellent job writing my four papers last semester. I don’t think I could have possibly made it through the semester without any help of EssaysEmpire.com. I deeply appreciate the help |
||
|
Bruce B.
Purcell, OK
|
|
|
I had a hard time articulating what my professor wanted, so I was able to speak straight to my writer. After I had explained a little bit, I could tell he understood everything. He then took the ball and ran with it, so to speak. He wrote my paper in two days and it was the picture of perfection! I am very grateful that he knew what to do and how to do it so perfectly. |
||
|
Anne A.
Cambridge, MA
|
|
|
You dudes are awesome! Wow! I can’t believe I got an A+ on my paper! At best, I expected a B or C! |
||
|
Marcella M.
Lexington, KY
|
|
|
Dear EssaysEmpire.com, I am very happy with the work that your writers did for me. I was impressed by the plagiarism report, too. Thanks for everything! |
||
|
Ohjasi O.
Tokyo, JP
|
|
|
The essay that your writers turned out for me far exceeded what I was expecting. It even came with a plagiarism report to prove that it was original. The customer service center was the picture of perfection, too. I loved everything about using EssaysEmpire.com and plan to use your services again. You are one class act! |
||