Gaming And Casino Hotel Industry - 1555 Words

Executive Summary Gaming or gambling industry is clearly accelerating the transformation, and opportunities and challenges are mixed in the trend. The November 4th vote has given us a highly positive signal about the future of casino industry in Massachusetts, however, we still have to look into the trend and capitalize on this great chance. We have witnessed the conversions of online gaming to land-based casinos and land-based casino to online gaming, the burgeoning digital social media and so forth, while the land-based casinos have been confronting fierce competition and relatively saturated market, the next year for our company would be one filled with online gaming consulting and change/expansion of our original land-based casino†¦show more content†¦This white paper describes the three strategies that would gain significant advantages for our firm. It also discusses concerning about whether our casino staffing service should be changed, and this would need further discussion in future. Trend, Opportunities Challenges Massachusetts Updates The existing casino law prevailed in Nov. 4th and this success cleared out a way for the gambling industry in Massachusetts. After November 4th, MGM Resorts International and Wynn Resorts, two of our biggest potential clients, have been officially awarded Massachusetts’ first two casino licenses. MGM is now building an $800 million resort in Springfield in western Massachusetts while Wynn is developing a $1.6 billion plan for the waterfront in Everett. Additionally, some good news for us: 1. The deadlines for the state’s third and final resort casino licenses are delayed by two months to January. Many casino companies have shown great interest in the licenses. 2. Private gambling developers that are seeking regional license have been considering Mashpee Wampanoag tribe’s plans for a resort casino in Taunton, Boston. 3. Horse racing licenses for operations proposed for Suffolk Downs in Boston and the Brockton Fairgrounds in Brockton are approved. 4. Penn National Gaming’s construction of the slot parlor in Plainville is in its midway (previously it was paused due to the threat from

Ladbrokes Business Model - 1607 Words

Name: Lecturer: Module: Business Environment Assignment 1 Word Count: /1500 Contents Page Page Number 1. Introduction 3 2. Findings 3 3. P.E.S.T.E.L 4 4. Conclusion 5 4.1. References†¦show more content†¦It is projected the move will save around  £7 million per year.† (Mr. Sports Book, 2010) P.E.S.T.E.L In the U.K a Gambling Commission aids the Government. The Gambling Commission enforces laws that the gambling services have to abide by and are put in place so the gambling companies do not exploit customers. In the present global economy some laws may restrict companies, which in turn could lead to decreasing profits. In an attempt to cut costs Ladbrokes moved their online services to Gibraltar, which is a tax haven. The licenses are also different in Gibraltar compared to the England, this is important for companies because they can cut costs, as well as maximize their profits without the interference of the U.K Gambling commission. The recession was a major economic factor that saw Ladbrokes sales fall by 28%. The recession acted like a domino effect, which saw customers of Ladbrokes not spending as much as they would have if the economy was strong. Ladbrokes acted by cutting costs, which could help in the long run. They imposed a pay freeze across the company til 2011 as well as moving to Gibraltar and closing down call centres, notably its Aintree call centres with a loss of 263 jobs. Peter Erksine, Chairman of Ladbrokes PLC explained that although Ladbrokes was affected by the recession they still generated cash. We were impacted by the deteriorating economic environment... however, Ladbrokes continues to be a profitable and cashShow MoreRelatedOperations Management of Ladbrokes Plc3988 Words   |  16 PagesIntroduction Ladbrokes plc is one of the leading bookmakers in the high street in UK. It was established in 1886. Currently Ladbrokes plc operating with over 2200 branches across the UK and also operates in Ireland, Belgium and Spain. In this assignment we are focusing on the operational activities of the Ladbrokes plc. Task 1 a) The role of operations management The operations management can be defined as the systematic processes which convert inputs in to finished goods or serviceRead MoreArticle 4 : Coral Casino1859 Words   |  8 Pagesselection so formidable, so if you love to spin the slots you will never be left wanting. Customer Support If you take anything away from this review it should be this, Coral Casino is by far one of the safest around. Taking the model created for their sportsbook business, they have carried it over to the world of online casino with great effect. When you play at Coral Casino you truly do feel secure and that the casino has robust security measures in place to keep you protected. Should things startRead MoreStudy on Online Gambling Market4064 Words   |  17 Pagesline with offering text and audio commentary for sports events. This encourages consumers to use the internet rather than go to the casino or the betting shops. Porters Five force analysis Mr Porter was a scholar and management consultant. His model is based on the insight that a corporate strategy should meet the opportunities and threats in the organisations external environment. Porter has identified five competitive forces that shape every industry and every market. These forces determineRead MoreCorporate identity16799 Words   |  68 PagesIn their composite, these approaches have the potential to form the foundations of a new approach to management which might be termed ``corporate marketing’’. In addition to articulating the author’s understanding of the attributes regarding a business identity (the umbrella label used to cover corporate identity, organisational identification and visual identity) the author outlines the characteristics of corporate marketing and introduces a new corporate marketing mix based on the mnemonicRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pages22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategic issues of speciï ¬ c organisations in much greater depth –

Nestle Marketing free essay sample

Demographic External factor More the education more will be the awareness about brand and quality food. If the income level of people is high then purchasing power will be high so they willpurchase more.  Nestle products are made for people belonging from all age groups. Both male/female are included equally in its target market. Economic environment If the inflation rate is high then there will be decrease in purchasing power. so inflation indirectly affects the company‘s sale. Nation varies greatly in its level and distribution of income. Changes in major economic variables such as income, cost of living, interest rate andsavings have a large impact on the market place. Political environment Government regulations to protect interest of society and from unfair business practices. Unstable political conditions. Law order situation getting worse. Legal environment Registered in the stock exchanges of Pakistan. Social/cultural environment Consumption behavior of Pakistani people is high so they consume more goods. We will write a custom essay sample on Nestle Marketing or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As Pakistan is Muslim country so we cannot add any ingredient which is prohibited in Islam or which is not ―Halalâ€â€".  As nestle water is the branded item so the people who are brand conscious will prefer touse nestle water .so nestle is focusing more on the posh areas. Technological environment Technological environment is changing rapidly. Most dramatic force shaping company‘s offerings and the way product is marketed . Company‘s must keep up with technological changes to match up with its environment. Internal Environment In Nestle Internal environment ensures. Employees are on side with the goals of an organization. They have direct impact on product quality,dependability and overall productivity. They are internal market, which impact everydepartment within an organization; asatisfied internalmarket will be better able to satisfy external market. Nestle under the supervision of top management runs thedepartments of finance,operations, accounting, sales andmarketing, research and development to achieve thegoalsof organization. Micro Environment In Nestle microenvironment includes: a)S u p p l i e r s : Suppliers provide the resources like labor and material resources to produce goods and services.They add to customer overall value delivery system. Labor supplies include handling of Quantity of labor Quality of labor Labor strikes Labor relations Material supplies deals with the: Quality of material Price of material Stability of material inputs Delivery delays Nestle efficiently handles the quality, quantity, price and stability of both material and laborsupplies. Management maps out the strategies for labor strikes, supply short age sand delays toavoid increasing the cost of production, which can badly affect sales in short run and customersatisfaction in long run. b)Marketing Intermediaries: It includes the firms that help the company to promote, sell and distribute its goods tofinal buyers. The physical distribution firms determine the ways to store and ship goods to reach theirdestination. Marketing service agencies including marketing research firms, advertising agencies andmedia firmsare also hired to target and promote product to right market. Financial intermediaries like banks, insurance companies helps to finance transactionsand insureagainst risks associated with buying and selling of goods. Nestle works in coordination with marketing intermediaries to make its product Pure LifeWater available and visible to its valuable customers. c)C u s t o m e r s : Nestle deals with the reseller customers who buy the product Pure Life to resell at a reasonableprofit. Macro Environment Macro environment include political, cultural, economical factors but as for as Nestle Pure LifeWater is concern none of above factors affect on it. Because it is not at luxury item they areselling necessities of life which can never be affected.

The Austin Mini Cooper Essay Example For Students

The Austin Mini Cooper Essay As the film are rare and in colour, they shall be kept within the tight control ranges of 20-30% RH and 2i C. 5. 6 Books and Magazines The Collection of comics shall be kept within 40-65% RH and between 15-20i C recommended for paper. 5. 7 Large working objects The Austin Mini Cooper is in full road-worthy condition so will need to be displayed/stored in the museum foyer/reception area due to it having fuel in its petrol tank (the foyer being large enough to park the vehicle and ventilated well enough to disperse any petrol fumes). The Triumph motorcycle and the Lambretta scooter are in display condition (drained of all liquids and are bolted upright to solid stands) so will need to be kept in the 45-66% RH and 19-23i C range. 5. 8 LUX As stated before the artefacts on loan to the museum are in good condition and in general are not a delicate collection, therefore light exposure is not a concern in this instance. 5. 9 Pest control The museum environment is kept very clean and hovered regularly to protect against mite infestations. We will write a custom essay on The Austin Mini Cooper specifically for you for only $16.38 $13.9/page Order now Glue traps are also kept in display cabinets and the rooms are sprayed with pesticide at night before closing. The RH levels in the rooms are kept between 45-55% which also helps to keep bugs and insects at bay, this RH level differentiates from the sealed artifact display cabinets, however, as stated before, glue traps are placed inside the cabinets and the cabinets are regularly checked for pests. If any are found the artifact is isolated in self sealing polythene bags and the pests are removed and exterminated. If the object is infested then techniques such as freezing, double freezing and anoxia treatments can be used on the artefact. 6. 0 Transportation The majority of the collection will transported by myself and two museum volunteers to and from the museum in a large van donated for the days required by Udrive of Poole (donated to the museum on the understanding that we will display two large banners at the museums entrance for the duration of the exhibition, these banners bear the Udrive company logo and will be supplied by Udrive themselves). The Austin Mini Cooper will be delivered by Mr Van who is going to personally drive the vehicle to the museum and then back after the exhibition has ended removing any need for either a vehicle haulage firm or insurance for the vehicle by the museum whilst it is in transport. 6. 1 Inspection and Condition reports Before the artefacts are packed away and transported they must be inspected by both parties for any signs of wear or damage. If any levels of wear or damage are identified, a condition report must be filled in and signed by the lender; photographic evidence may also be required. This is to make sure there are no disputes about the condition of the artefacts upon return of the collection; both parties must be present. 6. 2 Packaging It will be necessary for the artefacts to be packaged well in acid free boxes suitable for the transport of museum collections. As the transport is being supervised and the collection is not fragile, there is no need for either party to provide extensive protective packaging materials such as acid free paper and bubble wrap, however small amounts of these shall be used out of caution. The artifacts shall first be wrapped in acid free paper before bubble wrap as the bubble wrap can be acidic. Also, the packaging materials will be provided at the museums cost. 7. 0 Events In line with section 3. 4 of the museums associations Code of ethics for museums guide, the museum has organised a couple of interactive events that will run over the course of the weekend. These include: 7. 1 Disco Event Dance Instructors Grace and disco Stew have been employed to run an interactive 60s disco and dance session at intervals throughout Saturday and Sunday. .ud3a5f867acb9022066aa8dfb2498fdac , .ud3a5f867acb9022066aa8dfb2498fdac .postImageUrl , .ud3a5f867acb9022066aa8dfb2498fdac .centered-text-area { min-height: 80px; position: relative; } .ud3a5f867acb9022066aa8dfb2498fdac , .ud3a5f867acb9022066aa8dfb2498fdac:hover , .ud3a5f867acb9022066aa8dfb2498fdac:visited , .ud3a5f867acb9022066aa8dfb2498fdac:active { border:0!important; } .ud3a5f867acb9022066aa8dfb2498fdac .clearfix:after { content: ""; display: table; clear: both; } .ud3a5f867acb9022066aa8dfb2498fdac { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud3a5f867acb9022066aa8dfb2498fdac:active , .ud3a5f867acb9022066aa8dfb2498fdac:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud3a5f867acb9022066aa8dfb2498fdac .centered-text-area { width: 100%; position: relative ; } .ud3a5f867acb9022066aa8dfb2498fdac .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud3a5f867acb9022066aa8dfb2498fdac .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud3a5f867acb9022066aa8dfb2498fdac .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud3a5f867acb9022066aa8dfb2498fdac:hover .ctaButton { background-color: #34495E!important; } .ud3a5f867acb9022066aa8dfb2498fdac .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud3a5f867acb9022066aa8dfb2498fdac .ud3a5f867acb9022066aa8dfb2498fdac-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud3a5f867acb9022066aa8dfb2498fdac:after { content: ""; display: block; clear: both; } READ: Descartes epistemology EssayThey will teach members of the public how to dance like 60s disco legends and perform several of their own 60s themed dance routines throughout the days. This will help the public to gain a better perspective of the swinging sixties dance culture. 7. 2 The Film Room The film room shall be operating throughout both days and will be run by John. It shall be showing footage from some of the films on display, such as the classic James Bond film; Dr no. It will also be showing the makings of some of the films in the collection so as the public can gain an understanding of cinematography at during the 60s. The actual film reels shall not be used. Instead DVD copies of the films shall be played for preservation purposes. I do however stress that this is authentic footage from the reels, just re-mastered. 7. 3 Lego corner This interactive exhibition and construction session is dedicated to the wonders of Lego, the toy that gave joy to many children during the 60s and for many generations after. It shall show pictures of some of the worlds greatest Lego constructions and the slight changes in design over the years. It shall also challenge member of the public to create their own Lego masterpiece constructions. 8. 0 Health and safety The general health and safety procedures for the exhibition will rely on the common sense of the general public, However, this does not mean the museum and its staff will not follow strict health and safety guidelines as it always does. General health and safety requirements are that the museum is to be kept free of clutter and tripping objects, no sharp objects or equipment are to be left exposed to the public. Objects with moving parts shall carry additional warning signs on them. Fire exits shall be kept clear, made clearly visible and made aware of on the map at the entrance to the museum. Directional fire lighting is also in place, this demonstrates the closest fire exit upon an emergency with specially lit signs. 8. 1 HS Disco event The disco event is a primary health and safety concern as there is so much opportunity for injury. However both instructors are trained in first aid and very health and safety conscious. There will be a short cardio warm up of around 5 minutes and stretches before any dancing or routines are undertaken. Also the number of people per instructor on the dance floor shall be limited to 10. 8. 2 HS Film room.