Executive Summary: Circus Circus Enterprises is a leader and will continue to be in the gaming industry. In recent years‚ they have seen a decline in profit and revenue; management tends to blame the decrease on continuing disruptions from remodeling‚ expansion‚ and increased competition. Consequently‚ Circus has reported decreases in its net income for 1997 and 1998 and management believes this trend will continue as competition heightens. Currently the company is involved in several joint ventures
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1.0 - Background and Purpose of Research BACKGROUND Since its opening the Mirage Nightclub has gone through many changes‚ each time to be able to adapt to its ever changing environment. At this point in time they are considering the opportunity of opening the club on Wednesday nights to increase revenue and their customer base. The Mirage opened in 1998 by Ferguson with the hopes of providing a high end club night within Surrey‚ which at that time was nonexistent. They were able to capture
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Case Study Kimberly Greenway Liberty University According to the course syllabus we were introduced to the techniques of psychological research. This course was able to provide an understanding of how research is done‚ and what methods we can use to do so. By having a clear understanding of research and techniques used‚ it allows us to communicate effectively in regards to ideas behind the research process. In this paper‚ I will use myself as the case study to examine exactly what I learned
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Introduction This paper will survey and review the overall environment of the Bellagio Resort & Casino located in Las Vegas in order for me to understand the services and activities of the hotel. Most importantly I wanted to get an overview of the appearance of the hotel. This will‚ therefore‚ help me to put into use the knowledge‚ skills‚ and tools that I obtained from the hospitality management class. This means that I will be able to apply the class theorem to the real work environment. I will
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Course: MGM 5500 Assignment #6 A. What is the difference between a contribution income statement and a traditional income statement? Contribution income statement is an income statement that classifies cost by behavior (fixed cost and variable cost). Traditional income statement is sometimes called the functional income statement. It is an income statement prepared in the multiple-step or single –step income statement format which conforms to Generally Accepted Accounting Principles (GAAP)
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Mandalay Resort Group is one of the leading hotel-casino companies in the United States‚ and is the largest such company in the Las Vegas market in terms of square footage of casino space and number of hotel rooms. Known as Circus Circus Enterprises‚ Inc. until June 1999‚ Mandalay Resort operates ten hotel-casinos in Nevada‚ including four elaborate properties on the Las Vegas Strip: Mandalay Bay‚ Luxor‚ Excalibur‚ and Circus Circus. It is also a partner with Mirage Resorts‚ Incorporated in a joint
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OMNIA Nightclub The club is so big it not only more than doubles the size of pure‚ but it also takes over the former poker and World Series gaming zone at Caesars Palace. The insane ceiling is actually a chandelier. The cutting edge ceiling that is produced using eight oval rings and hangs over the principal room of the club. It’s really crazy and resembles a spaceship is arriving on the moving floor. The 22‚000 pounds and rotates four feet for each second. Stone and Rock to assemble the club were
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Mandalay Resort Group - 2004 Summary of the Case At the year end of 2003‚ the Las Vegas a place of glitz and glamour survived the terrorist attack of September 11‚ 2001. Mandalay describe themselves as business of entertainment and it has been one of the innovators in the theme resort concept that is popular in casino gaming. They are also famous for extravagant vacations and convention centers in Las Vegas‚ Reno‚ and Laughlin Nevada. They rejuvenate the Circus Circus with new marketing strategy
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Case Report—Controls at the Bellagio Casino Report Introduction MGM MIRAGE is one of the world’s leading hotel and gaming companies‚ and the Bellagio is one of them‚ which attracts lots of customers every year. MGM MIRAGE operated as two segment‚ one is Casino resort and the other is resort. Company’s key revenue is from gaming and hotel‚ and most revenue was cash. This case is focused on the controls used in the casino‚ especially in difficult to control table games areas. Nowadays‚ customers become
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Prevention Report Sam Lanier 24 March 2011 MGM Grand Fire and Subsequent Code Changes On the Morning of November 21‚ 1980‚ a fire burned that killed 85 people‚ and ultimately injured more than 700 others. Typically‚ it has come to be known that in order for a new law‚ regulation‚ and/or ordinance to be put into place‚ there has to be a previous event that causes death or injury‚ makes the news‚ or basically anything that stirs the voices of the public. The 1980 MGM Grand Fire was just that. Most people
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