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Casino

Discussion in 'GENERAL DISCUSSION' started by Ansu22, Jul 4, 2011.

  1. Ansu22

    Ansu22 Banned

    Casino is the gaming place where most of the peoples waste their money and some of the people become reach.There is a steady growth rate in gaming revenues taking effect in the casino industy around the United States. A number of factors are tied into the increase including new entrants to the casino industry and rival casino expansions. Through aspects of Porters Five Forces Model of Industry Competion: Rivalry among existing firms, the threat of new entrants, and the threat of substitues, this case analysis addresses key problems the casio industry is facing and implements stratiges they may use to tackles thoses issues. In addition, SWOT analysis (Strengths, Weaknesses, Opportunites, and Threats) will be used to facilitate the discussion.Through the Porters Five Forces Model of Competition, were identified three main problems: the threat of new entrants, the threat of new substitutes, and intensity of rivalry among competitors in the casino industry. The threat of new entrants refers to barriers that the competitive enviornment is placing on the potential newcomers. There are six sources of entry barriers: economies of scale, product differention, capital requirements, switching costs, access to distribution channels, and cost disadvantages independent of scale. The threat of substitutes refers to products and services that satisfy the customer in a manner that they provide a higher level of service and better economic competitiveness. Rivalry among existing firms refers to the fueds that takes place among competition in an industry which include the likes of price competition and advertising battles. The Strengths and Weaknesses of SWOT refer to the internal conditions of the firm-where your firm excels (strengths) and where it may be lacking relative to competitors (weaknesses). Opportunities and Threats are enviornmental conditions external to the firm. These could be factors either in the general environment or in the competive enviornment. Casino-- Edited by belgamo on Monday 4th of July 2011 12:55:15 PM
  2. K5M38

    K5M38 WELL KNOWN MEMBER

    Want some eggs with that:spam:??
  3. robsmom

    robsmom WELL KNOWN MEMBER

    :look:  I can't even figure out what the point is.... you actually followed all of that??
  4. Mben

    Mben No Deposit Forum Admin Staff Member

    The point of the original poster was to get a spam link into his post, robsmom.Belgamo edited it out the link and must have been able to follow the content seeing that he left the post.I certainly didn't follow it one bit! hahaha
  5. omeg

    omeg NEW MEMBER

    OKay, yea, I think I get it.........Oh, nope, wait, I was wrong.I dont understand more than a few single words :spam:Was the purpose of the poster to confuse everyone(besides sneak in his link) or actually educate us on something? :lol:I guess this too we will never know.                                                                                   Pam
  6. SPADEAHOLIC

    SPADEAHOLIC Thinks Too Much

    pheeeeeeeeeeeeeew glad I wasn't the only one lost when reading that
  7. PSP

    PSP Ruler of Western Civilization's Geeky Nerds

    It was CLEARLY a sad, but poignant plea for the followers of this website to EMBRACE the beloved , but often misunderstood, favorite processed meat of the Hawaiian Islands ...
  8. PSP

    PSP Ruler of Western Civilization's Geeky Nerds

    Oh, wait - I forgot to spell out what that delightful repast was.It is  ....    [​IMG]
    Last edited by a moderator: Oct 23, 2014
  9. Mben

    Mben No Deposit Forum Admin Staff Member

     :laughhard: 
    Last edited by a moderator: Oct 26, 2014
  10. shelvifiroza

    shelvifiroza Banned

    Casino is one of the best place for becoming rich in a short time if we have talent of playing casino games like blackjack, roulette and other gambling games. I am also a good casino gaming player.
  11. shelvifiroza

    shelvifiroza Banned

    Casino is one of the best place for becoming rich in a short time if we have talent of playing casino games like blackjack, roulette and other gambling games. I am also a good casino gaming player.
  12. shelvifiroza

    shelvifiroza Banned

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