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Unformatted text preview: o Modern Riverboat Gambling 2006 83 Riverboats = $10 billion Convenience (proximity to population) Intense need for state and local government for tax dollars Las Vegas 133,00 hotel and motel rooms Annual occupancy rates average over 80% Casinos take in roughly $11 Billion in Nevada Tourist spend about $400 each visit Visitors contributed $36.7 Billion a year Atlantic City 1976 gambling approved; 1978 first casino approved Required to reinvest 1.25% into community 35 million visitors/year 30,000 hotel rooms Located within 1/3 of US population in 300-mile range NYC, Philadelphia, Washington D.C., all in 150 mi. o Mostly day trippers less impact New breed of gamblers (poker)...
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This note was uploaded on 02/25/2009 for the course HRIM 201 taught by Professor Drbartlett during the Fall '08 term at Pennsylvania State University, University Park.
- Fall '08