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Case Title:

Gambling Industry in US: The Growth Strategies

Publication Year : 2005

Authors: Rajender Singh, Sumit Kumar Chaudhuri

Industry: Leisure and Tourism

Region:USA

Case Code: INA0034

Teaching Note: Not Available

Structured Assignment: Not Available

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Abstract:
After its new-found respectability and the government's interest in deregulating this tightly controlled business, gambling has become one of the most flourishing industries in the US. It grew from less than $40 billion in 1993 to $73 billion in 2003, 32.4% of the total global gambling revenue for that year. By 2004, 46 states in the US had some form of legalised gambling and it is expected that on-line gambling alone would generate revenues of $7.6 billion by 2005.

Pedagogical Objectives:

  • To highlight the evolution and growth of the gambling industry in the US
  • To discuss the challenges faced by it due to market saturation and the US tax structure.

Keywords : Gambling industry; Growth strategies; Consolidation; MGM (Metro-Goldwyn-Mayer) Mirage; Harrah’s Entertainment; Internet gambling; Lotteries; Growth Strategies Case Study; Pari-mutuel wagering; Casinos; Mergers and acquisitions; National Gambling Impact Study Commission (NGISC); Cashless slot machines; Globalisation; American Gaming Association; Entertainment industry

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