Threat of New Entries New entries to the industry threaten to limit the profitability of established competitors (Porter‚ 2008‚ p.3). One luxury that commercial casinos have is that there are significant barriers to entry‚ namely high capital requirements. Because of this‚ threats to the industry have historically been few and far between. But thanks in large part to increasing popularity and technological advancement‚ new competition in the gambling industry has emerged in the form of Native American
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“’Ten years ago the place where we are gathered was an unpeopled‚ forbidding desert. In the bottom of a gloomy canyon‚ whose precipitous walls rose to a height of more than a thousand feet‚ flowed a turbulent‚ dangerous river. The mountains on either side of the canyon were difficult to access with neither road nor trail‚ and their rocks were protected by neither trees nor grass from the blazing heat of the sun. The site of Boulder City was a cactus-covered waste. The transformation wrought here
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Most people have noticed the occasional pink flamingo on a yard or theme to some building but most are unaware of how deeply ingrained this icon is to America. The pink flamingo is one of the many forgotten fads that American have gone through. Jennifer Price gives a quick history about how the flamingo came on the scene and what it meant to the American people. The trend of pink flamingoes in the mid 1900’s shows how American people go through the cycle of overusing symbols that represent success
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Linda Solovjova Case 2: Wynn Resort SWOT of Company Strenghts | Weaknesses | * Steve Wynn * experienced management team * premiere spot on Las Vegas strip‚ and home to the only golf course * strategic development of its product - luxury‚ high-end product‚ high brand value | * complete dependance on Steve Wynn * focus on high-end customers | Opportunities | Threats | * legalization of gambling in US and abroad * holder of one of fours licenses in Macau * increased
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dazzling neon displays – Las Vegas is the world ’s most famous monument to reckless abandon and unbridled excess. From a dusty railroad town in the middle of nowhere‚ Las Vegas has grown into one of the world ’s premier tourist destinations. Once shunned as "Sin City" and considered beyond the pale of respectable society‚ it is now the epicenter of mainstream leisure much like Disneyworld‚ attracting more visitors than the holy city of Mecca. In contrast to Las Vegas‚ the city of Davis‚ one of
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A NEW TENDENCY IN TOURISM SECTOR: THEMED HOTELS AN EMPIRICAL RESEARCH ABOUT TOURIST PROFILE WHO PREFERS TO STAY AT THEMED HOTELS IN ANTALYA AND REASONS OF PREFERENCE Ahmet AKTA ‚ Prof. Dr.‚ Akdeniz University Alanya Faculty of Administration‚ Antalya‚ TURKEY Seden ALGÜR‚ Phd Student‚ Akdeniz University Institute of Social Sciences‚ Antalya‚ TURKEY ABSTRACT Tourism being industry without chimney in our country which has stepped important paces with membership process of the EU‚ has been
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I went to the Erotic Heritage Museum in Las Vegas‚ located on 3275 Industrial road (major cross-street Desert Inn) which opened in August of 2008. At the museum it holds‚ erotic art‚ exhibits‚ different timelines and a lot of illustrated history of erotica. There were many tasteful pieces of artwork‚ whether it be painting‚ magazine covers‚ posters‚ figures‚ and sculptures. I was also very excited to have actually seen the piece called “Venus of Willendorf” that is featured in our book on page 164
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Compare and Contrast: Schools Choosing a college could be hard like if your choosing the University of Nevada‚ Las Vegas or University of California‚ Los Angleos. They have many similarities but there has to be something different about them that helps you choose a decision but you cant find it. Is it the environment that surrounds each of the schools. Maybe the different academics‚ does it have what I want to succeed in one day. Or what if it has the sports I love to play and watch and are they
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greatest internal strength that Wynn Resorts possesses is just that‚ its CEO and founder. Steve Wynn is widely considered the “Father of Luxury Gambling”‚ and he is largely responsible for the image change and societal perspective change of the city of Las Vegas. Gambling‚ tacky furniture‚ and cheap buffets have evolved into world class entertainment‚ five star dining‚ and some of the most extravagant hotel rooms on the planet. The creation of Wynn hotel and casino as well as its sister building‚ the Encore
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o’clock and I need your attention…” I continued to sing and play my guitar. The recording booth seemed emptier than the Vegas strip at seven in the morning. I’m hoping the producers on the other side will connect with the words I’ve written. “keeping me hopeless until I wake tomorrow…” I tried to hold back the tears as a recall that night I drove off into the endless Vegas sky‚ leaving everything I knew growing up‚ family and long time friends. Up until a few months ago‚ all I knew was that small
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