Presentation Type
Event
Location
Caesars Palace, Las Vegas Pompeian II
Start Date
30-5-2013 4:00 PM
End Date
30-5-2013 5:30 PM
Disciplines
Business | Economics | Gaming and Casino Operations Management | Gaming Law | Hospitality Administration and Management | International Business | Law
Abstract
This paper looks at impacts of the structures of casino industries in 13 American states venues. The legalization of casinos has been a major policy issue in scores of national and sub-national venues over the past 60 years. Among the critical issues in the legalization process has been the subject of whether casino establishments should be authorized as singular, that is, monopoly, entities in a specific location (city, state, or nation) much as public utilities, or they should be licensed in an open market free competitive manner. A middle ground approach find venues allowing a limited number of licenses, ergo, an oligopoly of casinos.
Included in
Economics Commons, Gaming and Casino Operations Management Commons, Gaming Law Commons, International Business Commons
Session 3-4-B: Impacts of the Structure of the Casino Industry
Caesars Palace, Las Vegas Pompeian II
This paper looks at impacts of the structures of casino industries in 13 American states venues. The legalization of casinos has been a major policy issue in scores of national and sub-national venues over the past 60 years. Among the critical issues in the legalization process has been the subject of whether casino establishments should be authorized as singular, that is, monopoly, entities in a specific location (city, state, or nation) much as public utilities, or they should be licensed in an open market free competitive manner. A middle ground approach find venues allowing a limited number of licenses, ergo, an oligopoly of casinos.
Comments
Moderator: Jonathan Galaviz
Session 3-4-B Monopolies, Markets, and Gaming Operations
File: 12 PowerPoint slides
Attached file: Paper