Pros And Cons Of Wynn Resorts In South Louisiana

The Las Vegas and Atlantic City locations have lost revenues in recent years. In addition to the economic slowdown, these gambling locations are also facing new competitors in the market that are providing attractive choices to the customers. Though there are some external forces beyond their control, it seems that attractiveness and accessibility are very important focus areas for these cities.

Full-blown Casinos: House Bill 1724 by Jose Menendez (R-San Antonio) and Jim Pitts (R-Waxahachie), as well as its Senate version by Sen. Rodney Ellis (D-Houston) would establish full-blown casino

Casinos have made billions of dollars for tribes, essentially putting Indian and casinos hand in hand in many minds. Having casinos makes the reservation more close to being a state due to federal laws and regulations that they are required to follow. I am dumbfounded about how much money casinos have made tribes. I never realized how important that finding is for tribes until reading On The

The efforts to make Hispanics feel more welcome are designed to show that the casinos are sensitive to this demographic group's real needs and wants. New amenities include bilingual dealers and Spanish-speaking musicians. This shows the clear principle of segmentation. Instead of trying to appeal to all customers in a universal fashion and compete with the biggest-name casinos (a virtual impossibility in Las Vegas), these smaller casinos are trying to attract and grow this specific, targeted population base. The Hispanic demographic seems to have an interest in gambling and entertainment, and has

I've been reading about Atlantic City's history recently, checking out books from the library like Boardwalk of Dreams, The Northside : African Americans and the creation of Atlantic City, and Casino gaming in Atlantic City : a thirty year retrospective, 1978-2008. I'm trying to figure out why the South Inlet looks like a 50 year old urban renewal project that ran out of cement 40 years ago, while the casinos have raked in $120 billion dollars over the last 35 years. Riding down Pacific Avenue near the lighthouse you see whole blocks cleared out with an occasional house sticking out, some new construction, and a few stray tourists who got lost and wandered off the Boardwalk.

At this moment, Louisiana is losing football fields worth of wetlands every hour all due to giant oil and gas companies. The oil and gas industry have been bidding for control over Louisiana’s wetlands so that they can engage in offshore exploration in the Gulf of Mexico. The wetlands were ground zero for where drilling started in Louisiana. These companies carved 10 000 miles of canals in search of oil and gas causing salt water to flow into fresh water marshes. The damaging effects are the deterioration of wetlands, coastal erosion and lack of fishing all due to industry activity. What’s even worse is that these marshes serve as a natural barrier from hurricanes, which Louisiana is susceptible to. The wetlands are the first line of defense

First, when allowing casinos into parts of the state, it brings with it multiple opportunities for employment, i.e., construction jobs, manager positions, server positions, gaming technicians, etc. When casinos enter a state, research has proven that the unemployment rate dropped significantly. According to the University of Chicago, National Opinion Research Center (NORC), “communities closest to casinos experienced a 12 percent to 17

Obviously, it has been largely ignored in how resources are extracted, leading to the issue of wetland degradation. Oil drilling and driving boats to and from drills eroded large sections of the wetlands. However, the issue of degradation cannot be completely solved. The Louisiana state government has acknowledged that even with its restoration program, it cannot build enough land to offset the losses. Under the principle of stewardship, we understand that the poor are affected first and worst, which is clearly seen in coastal Louisiana. Not only are the poor affected more because they often live on the front lines of environmental decay but also because, as a culture, we rush to protect more affluent communities first. More resources are allocated to protect New Orleans from flooding than coastal fishing communities like Jean Lafitte. Within the coastal towns though, residents have upheld stewardship in their communion with the area and reciprocal understanding of how to care for

Louisiana is gradually declining in size due to the loss of coastal marshes and wetlands. After several years, Louisiana has a big probability of having no land whatsoever. The problem is slowly getting larger, and if something isn’t performed, soon enough Louisiana will be a place that only contains water. Regarding coastal erosions, it alters places economically, environmentally, and socially. Natural events happen that leads to the destruction of Louisiana’s wetlands; however, human activities causes it too.

Wynn Resorts Limited is a publicly traded corporation based in Paradise, Nevada that is a developer and operator of high end hotels and casinos. It was formed on October 25, 2002 by former Mirage Resorts Chairmen and CEO Stephen A. Wynn. The target client base for Wynn Resorts are affluent individuals who seek the highest quality—Wynn and its sister property Encore hold more Forbes Five Star awards than any other casino resort in the world. Recently, Steve Wynn has taken his brand global by building in Macau, China. With the opening of the Wynn and Encore Towers, Steve Wynn has proven that upscale gambling can be accomplished outside of Las Vegas. Steve Wynn’s marketing strategy is to emphasize the quality of service

With the Corporate Gaming Act of 1969, Las Vegas began a slow transition towards “respectability.” Gambling in Las Vegas was gaining in popularity in the 1950’s and 1960’s, but the mob presence itself was preventing Las Vegas from attracting the necessary outside funds to turn it into a dominant Metropolis (204). “Nevada seemed to be shedding this image in favor of the many new family-oriented “theme resorts” that were being built, especially in Las Vegas (204). Then there’s The Rat

Adding to Native American casino fortunes, their casinos are likely to increase over the next few years. It is noted that several states are reaching agreements to allow the introduction or expansion of Native American casinos because of the additional revenues they can provide. This increases the Native American casinos opportunities and consitutes a high barrier for new entrants. The major source for this entry barrier is the cost disadvantage independent of scale regarding the favorable government polices vis -a -vis the Indian Gaming and Recration Act of 1988.

The development of tribal casinos or what is commonly referred to as organized gambling can be credited to Native American reservations. Gaming operations have brought phenomenal success to many native tribes in America, and there has been a new dimension to the existing debate regarding Native American sovereignty in organized gambling. There are over 310 casinos ran by about one-third the nations federally recognized tribes, and generate around $10 billion in revenue which is one-sixth of all revenue generated through legal gaming in the country (Evans, Topoleski, 2002). Many of the tribes are now able to provide for themselves essential services rather than wait for the government. However, most

In the early 1930s, gambling was legalized throughout the state of Nevada and casinos began to flourish (Dunstan, 1997). The economic growth in Nevada, especially the city of Las Vegas, has improved tremendously by the creation of casinos. Many people were employed since the operation of casinos requires a huge amount of labor, skill, and expertise. In addition, local retail sales also increased from casinos when gamblers visit the stores to spend their winnings on various items and products (Garrett, 2003). As a result, many state governments began to legalize casinos in order to boost their economies and increase employment. As of today, there are roughly 1500 casinos in the United States and they generate almost 65 billion dollars in revenue (“Facts on U.S Casinos” 2013). However, casinos use immoral methods to achieve this incredible feat of big profit with few government interventions. While the city of Las Vegas becomes more prosperous than before, many citizens lose their fortunes or even lives by the immoral business practices implemented by the casinos. Even though the

Also the fact of all the surrounding areas economies and businesses have been hurt because of the casino’s because now tourists only travel to the specific region skipping other possible tourist attractions.