Bellagio Casino Resort Case

* Cost cutting through partnership with Benoix and cost structure change to start a price war with FunTours.

b. Formal procedures for transfers. These procedures were called drop standards and required on transfer. This control was designed to address the problem that employees related to cash or chip transfer have the chance to steal the money in the procedure.

The chief executive has many responsibilities which require him or her to be responsible and “act quickly and decisively”(Ethridge and Handelman pg. 195). One function of the chief executive is diplomacy meaning being in charge of “the communications and negotiations between national leaders regarding foreign policy”(Ethridge and Handelman pg. 541). The chief executive is responsible for being a leader in times of crisis. Given their power, they are able to make decisions and plan government activities quickly. An example of this would be President Obama’s use of drones to kill terrorists. Budget formulation is in the hands of the chief executive to prevent overspending. This responsibility also gives central control to the chief executive to make sure that money is spent fairly. It would be irresponsible to allow legislators to decide who gets what, when they have ties to their constituents. Another important role of the chief

The VP will be responsible for P&L of the expansionary branch. They will have to make hiring decisions and business growth decisions. They will likely be responsible for recruitment. They will be responsible for acquiring local grant money, establishing

John Adams once stated, “I am vice president. In this I am nothing, but i may be everything.” From its conception, the Vice President of the United States was a position of little relevance. However, over the course of the nation’s history, the vice presidency evolved from a position of irrelevance to one of power. No longer does the vice president operate in obscurity and possess little governing ability. The position’s transformation was not an instant one; mind you the position has been in existence for nearly two and a half centuries.

procedures and day to day operations and shows no respect for his subordinates. His leadership style and how to properly communicate with his staff.

In addition, Craig fails to use his managerial position to delegate second level tasks to others, who are capable of handling those tasks. By focusing on second level tasks, Craig loses time and effort that could have been used to accomplish important tasks. When individuals at work focus only on what is urgent rather than what is important, organizational problems such as poor delegation which was previously mentioned, poor organization at work, and weak organizational hierarchy tend to occur. In this case, poor delegation of tasks makes it difficult to organize work activities within the company. Poor organization makes people less efficient and less effective. Less efficient and less effective individuals lead to weak organizational hierarchy. A weak organizational hierarchy can lead to a decrease in the overall productivity of the company.

The casinos at these resorts are crowded daily with adults who share the love and excitement of gambling responsibly. Guest at the hotels and resorts can also enjoy other options for entertainment like spas, shows, concerts, and dining. Guest can also enjoy playing a variety of free casino themed social games which is used for advertising the products and services at the casinos. Today the company is focused on building valuable relationships with their loyal customers to regain market share and boost competitiveness and profitability.

internal control and the ways in which cash is controlled in the casino. The two major purposes

Ownership: The Tall Tree2 Hotel Casino, which is a 640-room resort complex, has many different departments with a variety of management and executives in charge of each one. Those leaders would include: Vice president of marketing (Judy Fitch), property president (Terrence Wei), controller (Bill Martino), hotel manager (Dana Sawyer), and a food department manager. These are just a few of the key leaders that help this Company run successfully.

Synopsis of the Situation The Bellagio was one of 23 properties of MGM MIRAGE, one of the world's leading hotel and gaming companies. Located in the heart of Las Vegas, The Bellagio was widely recognized as one of the premiere casino resorts in the world. Richly decorated, the resort featured a conservancy filled with unique botanical displays, and eight-acre lake featuring over 1,000 fountains that performed a choreographed ballet of water, music, and lights, top-notch amenities and entertainment options, and 200,000 square feet of convention space. In the casino operations area, the Bellagio operated 2,409 coin-operated gaming devices (slot machines), and 143 game tables. Approximately 1,000 people were employed in casino operations. As

When walking into “The Strip” in Las Vegas, an instant feel of excitement rushes up. The flashy neon lights paired with glimpses of amazing acrobatics on gigantic screens easily brings up the energy of tourists, businessmen, and gambling addicts. You may wonder how a once stranded desert can transform into such a paradise of skyscrapers. The answer lies in casinos.

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 Porter’s 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.

The basic system of just about every casino is that of the tables (including Roulette, Blackjack and Craps) filling the center of the room with computerized

     Casinos are tough and competitive markets that strive to out do one another in promotions, amenities and overall design. A critical analysis of the considerations taken when designing a casino can be broken down into the theoretical forces of psychology, that include motivational, cognitive, perceptual and social influences. In this examination I will determine the aspects of design that should be taken into account to create a successful operation.