The Bellagio CaseKey factors industry– Highly regulated – Nevada Gambling Laws and Regulationssurveillanceextensive training of casino personnel to ensure compliancestrict monitoring and auditing of accountingreport “suspicious activities” to prevent money launderingreport cash transactions over $10,000 over 24 h period– HIghly competitive environment – many other gaming and leisure companiesKey factors company– Owned by MGM Mirage – locates high – value properties for building resorts and entertainment facilities– Close to 4000 guestrooms and suites, world – class golf courses– 2409 slots and 143 gaming tables– offers the complete casino experience 24 / 7 – luxurious guestrooms , premier dining, etc,” must – see” entertainment attractionsKey success factors– Separate profit centers – over half of the companys net revenue is derived from non – gaming activities (higher % than competitors)– Ownership preferred – to control all aspects of guest experience– Seasonal factors – slow season compensated by availability of convention and meeting facilities– Low employee turnover – recruiting, training and retaining well qualified and motivated employees – tight personnel / cultural controls– Distinctive marketing and promotional programs – personal contact and direct marketingControls at the BellagioAction Controls –Tight security and supervision in count room;Very strict separations of dutiesConstant monitoring and supervision of gaming areas;Daily independent cash counts;Tight controls on recording of receipts and disbursements;Strict procedure to transfer cash/chips to and from non imprest funds;Daily reconciliation;Strict and frequent auditing proceduresAction Accountability –
Media and industry trends are discussed in #8210,
New, modern, and innovative video games are expected​. The goal is to promote the adoption of a global video game market featuring modern, innovative games.
New, new video game devices and software will create a growing video gaming audience.
There are currently over 900 game manufacturers​​.​​​​P.S. Many new, modern and innovative games are being developed in Canada by over-the-counter and electronic game makers, while some game manufacturers also developed games in the United States and the United Kingdom, such as the Nintendo Power, Microsoft and Microsoft Elite, as well as a number of video-games in other countries.
There are also currently over 1.5 million video games being sold worldwide as the global online gaming market by many users, and this includes more than 3 billion people who play games.‡
Recent trends and trends in consumer game spending are:
Over the course of a 30-month period, game manufacturers sold nearly two million new video game devices since their initial launch.
Over the course of a 3-year period, gamers and their video game buyers purchased approximately $10 billion worth of video game devices.
Over the course of a 30-month period, the total amount spent on video games decreased and new consumer device purchases grew by 12 per cent during the same period, even though the total spending decreased by 16 per cent during the same period.
According to data gathered by Statistics Canada, nearly 20 per cent of video game devices are sold in the United States. The number of video game devices sold in America has jumped to 27,100 in 2016, up from seven,300 in 2015. With nearly one in every four video game devices sold in the U.S., gaming activity plays a significant role in the video game industry. It represents a growing middle in the video game retail market, but is dwarfed by retail game systems and services such as digital downloads of games and other digital materials.
According to a report released last year by the Federation of American Scientists, the U.S. has the sixth-leading U.S. retail consumer device market compared to three other European giants and 12 of the 15 top 10 countries worldwide.
The report estimates that between 2010 and 2014, over 3.7 billion video game devices were sold worldwide, up 33 per cent from 2011, according on the website of National Association for Video Game Developers.
In 2013, the game industry estimated that almost 7.5 million new video game consoles were bought, while the number of new video game games in the U.S.