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ent mgt exam 4

QuestionAnswer
AGA american gaming association
economic impact in US from gaming 329 billion
tax revenue generated anually from gaming 53 billion
how many jobs are supported by US gaming industry? 1.8 million jobs
how many US adults visited a casino for gambling or other purposes in the past year? 134 million
true/false: Gaming provides more direct jobs than air transportation, postal service, or motion picture and video sectors true
types of legal gambling in US Commercial casinos, Lotteries, Indian gaming, Pari-mutuel wagering (horse and dog racing), Charitable gaming (church bingo and PTA raffles).
which 2 states prohibit gambling? HI & UT
how did gambling & gaming start? 4,000 year old Egyptian dice
history of games of chance happened in China & Japan in 2300 BC
what did lotteries do in Europe in the early 1500s? raise money for royalty
why did Founding Fathers run lotteries? to raise money for new construction
which college universities used lottery funds to build dorms? Yale, Harvard, Dartmouth
when does gambling become well established in Europe? by 19th century
when does gambling become formally sanctioned in US? by 20th century
first state to legalize casino gambling NV in 1931
who owned early casinos? individuals with ties to the mafia
when did legislation move ownership to a corporate model? late 1960s
first corporate gambling establishment traded on the NYSE in 1973 Harrah's Entertainment
when did Atlantic City open its first casino? 1973
which Destination style resort casinos are growing? the Mirage, Venetian, and Bellagio
what did the legalization of casino gaming on indian reservations do in 1988? opened doors for states to develop casinos on federally owned Indian territories without formally approving gambling on non-federal lands
which state introduced first formalized state lottery in 1964? NH
when did legalized horse racing begin? late 1800s
when did greyhound racing begin? 1920s
MO lottery history began 1/20/86, with intro of single scratch-off game Jackpot ‘86. represented 1st legal authorized lotto tickets sold in MO since Franklin Railroad Lottery (now MO Lottery) closed in 1877. voters passed Amend. 11 lotto proceeds to benefit public education
types of legalized gambling in US commercial casino gaming, native american indian gaming, lotteries, pari-mutuel gaming, charitable gaming
commercial casino gambling Major markets: NV, NJ. Riverboat gambling. offer a variety of gambling options including slot machines & table games like poker, blackjack, roulette, craps
native american indian gaming In 1988, the Indian Gaming Regulatory Act legalized casino gaming on American Indian Reservations. Tribes partner with corporations to develop casino gaming on their lands. 2024 $43.9 billion gross gaming revenue
lotteries Individual states have their own lotteries. Multiple states joined together to form the Multi-State Lottery Association which sponsors the Powerball game
pari-mutuel gaming Similar to the structure of a lottery where the total amount of prize money is based on the amount of money bet. Horse Racing more than 30,000 races in 2024 across the U.S. Ex: Kentucky Derby
dog races are what type of legalized gambling? pari-mutuel gaming
when did greyhound racing peak? in the early 1990s with more than 50 racetracks in the U.S
in how many states is dog racing illegal? 46 states
gambling challenges & trends: economy Vegas tourism shifting toward younger & wealthier, stimulating demand for higher-end lodging & retail.” Gen X & Millennials go for rest, not gambling. Games changing to skills-based, similar to phones. Decline of Atlantic City. Comp. of Indian Casino Dvlp
other gambling challenges & trends Video Surveillance / Security. Terrorism. Crisis Management. Overcoming Negative Perceptions of Gambling. Online Gaming
gambling floor employment opportunities Hands-on activities related to the daily operations of a casino. Dealers, cashiers, floor managers, pit supervisors, and security personnel, among others.
gambling corporate employment opportunities Most casinos today are more than just gambling venues; they include hotels, restaurants, entertainment, and retailers. Marketing, sales, PR, HR, accounting, finance, and hospitality management
video game industry numbers 2 in 3 people in the U.S. play video games • $59.3 billion 2024 U.S. consumer video game spending • 81% of players say that video games reduce stress • 205.1 million Americans play video games at least once a week
video game industry numbers continued $168k average salary of a video game industry employee • 350,000 jobs supported across the U.S. • $101 billion video game industry’s U.S. economic impact • 82% of Americans under the age of 18 who play video games
top video game companies in market share Sony Interactive Entertainment, Tencent (China), Microsoft, Nintendo, NetEase (China), Activision Blizzard, Electronic Arts
short history of nintendo ounded in Japan in 1889 creating handmade hanafuda playing cards
first computer video game history called Spacewar! in 1962 invented by MIT student Steve Russell
first video game console patent in 1968 by Ralph Baer. called magnavox odyssey
Pong short history developed by Atari in 1972. becomes smash hit
Space Invaders short history invented in 1978 by Taito. released in arcades
Pac Man history 1980 Namco releases Pac-Man, partnering with Midway for the US release. It goes on sale as an arcade machine but is also available on the Atari 2600. By 1982, Namco would sell 400,000 Pac-Man arcade cabinets and 8 million copies for the Atari 2600
Donkey Kong history 1981 Donkey Kong the arcade game is released, and goes on to become one of video gaming’s most recognized franchises
Electronic Arts history 1982 Trip Hawkins founds Electronic Arts with the goal of promoting the “software artists” who designed and program video games. The company will eventually grow into one of the biggest video game publishers in the world
video games 1994 The Entertainment Software Rating Board (ESRB) is founded by the IDSA to assign age and content ratings to video games so parents can make more informed decisions about which are appropriate for their children
video games 1995 first Electronic Entertainment Expo (E3) is held in Los Angeles, CA. It is the first tradeshow to focus specifically on video games
video games 2000 PlayStation 2 launches & becomes best-selling video game console of all time. Advertising Review Council (ARC) is established as division of ESRB to monitor & enforce compliance with industry-adopted marketing & advertising guidelines
video games 2001 Microsoft enters the console market with the Xbox. Its flagship launch title, Halo: Combat Evolved, will redefine both First Person Shooter (FPS) games and the online multiplayer experience for millions of players
video games 2004 Blizzard launches World of Warcraft
video games 2009 Minecraft, which will eventualy go on to be the highest selling video game of all time, is released in Alpha
video games 2011 Entertainment Software Association (ESA) & Entertainment Merchants Association (EMA) together win Supreme Court case, give video games 1st Amendment Protection. This is a landmark case guranteeing that games cannot be censored or restricted from sale
league of legends championship series took place in 2011. This marks beginning of organized competitive gaming for the hugely popular Multiplayer Online Battle Arena (MOBA)
video games 2012 King releases Candy Crush Saga, which becomes one of the highest-grossing casual mobile games ever created
video games 2016 Niantic Releases Pokemon GO, combining Augmented Reality gameplay with the hugely popular franchise. It will have over 500 million downloads by the end of the year
video games 2017 Epic Games ships Fortnite, the global phenomenon. With more than 500 million registered accounts, it is one of the most popular games in history. Nintendo launches the Nintendo Switch, a hybrid handheld/home console designed to be played anywhere
video games 2019 Xbox releases Xbox Accessibility Guidelines, a set of best practices that have been developed in partnership with industry experts and members of the Gaming & Disability Community, to help developers make their games accessible
video games 2021 Netflix launches its first games. Amazon launches New World, a massively multiplayer online RPG
video games 2022 Halo debuts as a TV series. Based on the enormously popular Halo franchise, it joins the growing library of successful video game adaptations that demonstrate the popular appeal of video game stories across streaming and film
eSports leagues, competitive circuits, tournaments, or similar competitions where individuals or teams play video games, typically for spectators, either in-person or online, for the purpose of entertainment, prizes, or money
history of publishing Germany 1430 Johann Gutenberg developed mobile type. books were expensive & only owned by wealthiest Europeans and monasteries.
gutenberg printing press history Unleashed the power of ideas to a mass audience. An informed middle class took power from aristocracy. Bible available to general public; no longer do we rely on Roman Catholic priests. Scientists publish and share their findings
penny press in 1830s. further accelerates mass info
printing technology advances Newspapers emphasize crime, local news, & human interest stories. In 1890 Ottmar Mergenthaler invent linotype machine which mechanically sets up type rather than by hand. Computers bring about digital printing
top 5 publishing companies Hachette Book Group. HarperCollins. Penguin Random House. Simon & Schuster. MacMillan Publishers
advance an upfront payment from a publisher to an author, treated as a loan against future earnings, paid before the book is published
royalty payments made to creators for the use of their copyrighted work, typically a song's composition (lyrics and melody), rather than its specific recording
backlist a publisher's older books that are still in print and available for sale
ethical concerns in media the wealthy own newspapers. bezos owns WaPo, john henry owns boston globe, glen taylor owns minnesota star tribune
book publishing jobs literary agent, book editor, proofreader, book designer, book publisher, book buyer, publicist
literary agent represent writers, acting as intermediaries between authors and publishing companies
book buyer/purchasing manager work with bookstores and distributors to find publications for them to sell
publicist work with authors and publishing companies to build campaigns for new books about to hit the market
trade magazines Industry associated with companion animals. It includes things that are associated with the production, consumption and cultural activities linked to Pets
newspaper trends newspapers today rely on advertising for most revenue. were traditionally family owned and had huge profit margins. Starting in the 60s, newspapers needed cash for expansion and sold shares to the public. investors now own the majority of papers
true/false: Smaller newspapers are thriving as they are a trusted local news source true
event orgs meet planners international (MPI) & events council
events council launched in 1985 to enhance knowledge & performance of meeting professionals, promote status & credibility of the meeting profession and advance uniform standards of practice. is recognised globally as the badge of excellence in the events industry
event employment data 143,000 2023 employees. Average salary $56,705. Average age 37.8. 76.9% women vs men
fundraising events for nonprofits often rely on special events. money raised from these events are put toward the mission of the org or the services it provides. Races/5Ks, telethons, call-in events, benefit concerts, golf tournaments, fashion shows, & black tie galas. may be tailored tow
company events info Corps, trade, associations, & unis rely on events to bring together members of public including employers, shareholders, customers. approx 13,000 trade shows held annually. some might be part of the co. regular activities; others denote special occasion
brand activation a marketing strategy that involves creating interactive experiences to bring a brand to life and forge a direct connection with consumers. drives engagement, increases brand awareness, fosters customer loyalty, & encourages action. achieved thru activiti
basics of press release A compelling headline, Basic info about event like date, time, location. strong lead paragraph summarizing the key details. body with supporting information and quotes. boilerplate about the company. call to action (CTA). Contact info for media inquiries
sustainability & events they’re beginning to follow ecological practices and implementing environmentally friendly processes and programs into a way they design their events. a growing trend, focus on green event planning
event challenges & trends Identifying purpose and audience, Managing time and money, putting the event together
Created by: rachelrobinson
 

 



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