On Gambling and Casinos
Benjamin Bragd
PHL/320(BSGE1HBQR7)
July 6, 2015
John Pries
SWOT and Strategy Evaluation Gambling
Introduction
Some people dream of monster trucks, yachts, and extravagant homes with horses running at large. I often dream of having these things and have confidence that others dream of these things too. Have you heard one of the following sayings, “The grass is always greener on the other side of the fence” or “Trying to keep up with the Joneses”? Financial resources, planning, time, and hard work are some factors that help make dreams come true. For some, dreams are placed on hold when financial resources are limited. As a result, some people turn to gambling …show more content…
As volume and operating profits strengthen, managements free up outlays for property upgrades and expansion, as well as for product and service development. It 's important for companies not to take on too much leverage, which can be detrimental when the cycle turns. Investors should note whether a company 's annual cash flow sufficiently covers spending plans and dividends paid, if any, to stockholders. Also, there should be enough cash available to meet upcoming debt maturities. …show more content…
Gambling has come a long way since it was first invented. Now society has started to change its view on gambling. Casinos are becoming a vacation place for fun and adventure for the whole family. For example, some casinos have water parks for the kids, rollercoasters, and a circus. Often, people take vacations to places such as Las Vegas and to Atlantic City to be able to gamble while they are there. Offering activities for the entire family (water parks, shows, golfing, shopping, and sight-seeing) will bring in the casino’s target demographics. Just think if you could entertain like Disney, and play like a kid during the day and adult at