ESSAY. Write your answer in the space provided or on a separate sheet of paper.
What is the difference between gambling and gaming?
Gambling is playing a game of risk for the thrill of the action and the chance of making money-gamblers
learn and understand the game of risk and enjoy trying to beat the house or odds.
What are the three objectives of the Indian Gaming Regulatory Act of 1988?
1–to provide a legal basis for the operation of gaming by Native American tribes as a means of
promoting tribal economic development and tribal governments
2–provide a legal basis for the regulation of gaming by a Native American tribe adequate to shield it
from organized crime and other corrupting influences
3–establish an independent regulatory authority for governing gaming activity on Native American
lands
A casino win is the cost of gambling to guests, who often win over the house in the short run, and are
therefore willing to place bets and try their luck.
Describe a history of the gaming entertainment industry in the United States. Include names and places that
were instrumental in the process.
Although there has been some form of gambling in the U.S. from its beginning, the gaming entertainment
industry owes its history primarily to Las Vegas. Gaming was once again legalized in Nevada in 1931 but
it wasn’t until the 40‘s when Bugsy Siegel built the Flamingo Hotel and Casino. During the 70’s and 80’s
Steve Wynn transformed the Golden Nugget into a popular destination resort and then built other
properties from that beginning.
Additional answers will vary.
What are five initial career tracks in the gaming industry?
Hotel operations, food and beverage operations, casino operations, retail operations, and entertainment
operations
What does gaming entertainment refer to and what forms does gaming entertainment take?
The casino gaming business and all its aspects, including hotel operations, entertainment offerings, retail
shopping, recreational activities as well as wagering on the gaming floor. Gaming entertainment forms
include Vegas, Atlantic City, riverboats, cruises, Native American tribes.