Master of Science in Hotel Administration
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With growing competition for casino floor space, the Table Games department is under increased pressure to improve revenues. Current systems in the department rely upon a supervisor's intuitive knowledge about business trends hourly to respond to business levels. By using Bayesian analysis, it is possible to develop a functional revenue management system for making optimal business decisions in the Table Game Departments.
Bayesian statistical decision theory; Casinos; Gambling—Management; Revenue management; Table games
Business | Business Administration, Management, and Operations | Statistics and Probability
Boykin, Daryl F., "Table Games Revenue Management: A Bayesian Approach" (2014). UNLV Theses, Dissertations, Professional Papers, and Capstones. 2061.