The Competition Of The Gaming Industry - 1600 Words

Characterizing Competition The gaming industry in Macau is very competitive as it is the only jurisdiction within China where casinos are legal. Before 2003, there was a restriction on the entry of citizens into Macau when it was operated by Stanley Ho’s S.T.D.M as a monopoly. By 2012, visitors had increased 18.6% from the previous year and the industry now runs as an oligopoly. Within this industry are many competitors at a total of 6 within a 29.7 square kilometer area. They are Sociedade de Jogos de Macua, Galaxy Casino, Wynn Resorts, Ventian Macau, MGM Grand Paradise and Melco PBL Jogos which give a total of 34 casinos in Macau (Peng, M., pg 412). Institutional Developments Many institutional developments have helped shape the industry. First was the requirement that now allows Chinese citizens to visit Macau as the number of visitors and gross gaming revenues increased. Gaming operations also had supply-side dynamics by institutional factors such as Law no. 16/2001 and Administrative Regulation no. 26/2001. This gave the industry a chance to hold contracts for up to 20 years and expanded the monopoly into an oligopoly. In 2002 the number of gaming tables was around 339 and slot machines at 808. Once the industry expanded, Macau had 5,302 table in just 9 years with 16,056 slot machines (Peng, M., pg 413). This alone is a huge source of revenue growth for the gaming industry in Macau. Lastly, junket operators were legalized. They are middlemen who lend high-rollers moneyShow MoreRelated Competition and Innovation in the Video Gaming Industry959 Words   |  4 Pages3) Based on your reading of Malerba, F. 2007. â€Å"Innovation and the dynamics and evolution of industries: Progress and challenges† International Journal of Industrial Organization, Vol. 25, No. 4, pp. 675- ¬Ã¢â‚¬ 699, choose an industry and describe how its structure and current state of emergence affect competition and innovation. Video games have had high demand over the past decade. Many titles such Call Of Duty and Grand Theft Auto make billions of dollars in profits. (1) What began as a small marketRead MoreGaming Industry : A Competitive Advantage Over Its Competition Essay954 Words   |  4 Pagesin Springfield. Overall, as all Casino companies need to consistently improve over its competition, substitutes pose no serious threats to profits in the gaming industry. (Gosselin, 2015). 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Desktop Gaming1211 Words   |  5 Pagesthe viewers eyes, PC Gaming could be a very easy way of making money because one can join PC sport teams and battle against enemy teams to win the end prize. Virtual gaming provides a lot of social interaction, and provides many opportunities to give help to well-known game developers by testing their newly developed games to try and see if there are any flaws in the game. If you find any problems in the game then you can can report the issues by emailing the game maker. PC gaming is one of the fastestRead MoreFavorite Brand Paper 1760 Words   |  4 Pagesentertainment, and gaming systems, and it also has a financial service sector. The Sony organization mainly focus on electronics such as video games, and TV networking. With these elements it makes Sony a premier organization that deals with consumer satisfaction, and gives them a comprehensive identity within the technology industry. This corporation has many different brands to offer to the public. Yet, only one stands out in my opinion, and thats the PlayStation 4. The PlayStation gaming system hasRead MoreProblem Statement. How Can 401 Games Attract More Customers1703 Words   |  7 Pagesthey can continue to be the successful in the gaming industry. They can do this by staying up with the latest trends and knowing what is going on in the industry in Toronto. This is very important because of the increasing presence of competitors could affect business. If 401 Games does not keep up with the competition, they could lose a substantial amount of business or even have to close and go out of business. Staying a leader in the gaming industry is possible for 401 Games because they have aRead MoreCompetitive Gaming Should Be Consider A Sport975 Words   |  4 PagesCompetitive Gaming Should Be Consider a Sport Video games have been around for many years and so has competitive gaming. The first video game was created around 1970 and was Pong. Pong required one or two players to play. The players would play next to each other and the game required both players to move the courser to the ball and knock in to the other player’s side. Pong was the first competitive video game because you could play with another person. The video game industry now is a very bigRead MoreThe Industry : Video Game Entertainment1399 Words   |  6 PagesCompany Website: http://www.nintendo.com Industry: Video Game entertainment Company history and background: In the gaming industry you probably heard of â€Å"It’s -a -me -Mario† which is Nintendo’s trademark character. Nintendo started off as a Japanese card game maker into electronic gaming in a way the term today we call console gaming. What started as a Popeye concept kind of safe the girl game which is titled Mario vs Donkey Kong became a hit in retro arcade gaming came to the convenience of playing atRead MoreHilton Hotels-Case Study Essays1039 Words   |  5 PagesIn an attempt to become a more aggressive business operation, Hilton Hotels decided to change its strategic direction by venturing into the gaming industry. With this strategy came not only new opportunities but also large elements of risks and competition. In 1994 the growth in the gaming segment declined with gaming operating income down by 7% from 1993. The Hilton Hotels however had a 3% increase in occupancy from 1993. In view of this, it is important to understand market needs and develop market ingRead MoreGaming And Casino Hotel Industry1555 Words   |  7 Pages Executive Summary Gaming or gambling industry is clearly accelerating the transformation, and opportunities and challenges are mixed in the trend. The November 4th vote has given us a highly positive signal about the future of casino industry in Massachusetts, however, we still have to look into the trend and capitalize on this great chance. We have witnessed the conversions of online gaming to land-based casinos and land-based casino to online gaming, the burgeoning digital social media and so

Recession, House Prices, and Trade Surplus Assignment

Essays on Recession, House Prices, and Trade Surplus Assignment The paper "Recession, House Prices, and Trade Surplus" is a wonderful example of an assignment on macro and microeconomics.United States: PIMCO: Treasuries reflect the likelihood of a recessionSummaryPresently, the decline in United States treasury yields to a 60 year low which is characterized by failing monetary and fiscal policies. The decline in treasury yields is a sure sign of an impending recession. On 18th August 2011, the yield on the benchmark 10yr US Treasury note plunged below the 2 percent mark to settle at 1.98% to dismally rise on 19th to approximately 2.08% (Reuters News 2011).IssuesWith the rising pressure to pay up debts and running out of monetary and fiscal policy options, the United States, the world biggest economy is on the verge of an economic and financial meltdown which will not only translates to economic stagnation but increase the prices on consumer goods and influence the value of the dollar, which is an international currency. The decline in treasury yi elds is an illustration of an incoming economic and financial depression and the outcomes of lowering inflation as a means revive an economy. According to Bloomberg News, (2011), the move by the Standard Poor to cut the US government credit rating to AA+ did not help matters much as it resulted in investors pulling out their stocks seeking liquidity and prefer conventional safe-haven assets as echoed by Wall Street Journal, (2011).The decline has generated a significant exit from the risk markets which demonstrate the panic investors have on the possibility of a recession and the increased loss of trust in any policies. According to the Telegraph, the impending recession is a result of the failure of policymakers in the US and in Europe decisively containing the sovereign crisis (Telegraph 2011).ImplicationsThe US needs to make quick decisive measures to not only protect its own population but also, develop effective fiscal policies to safeguard against potential recession and boos t investor confidence. The worrying trend in the US coupled with the turmoil in Europe raises concerns about the future course of global growth weighing down on stocks and assets, which are easily impacted by changes in growth.The panic generated by falling Treasury yields has the potential to make consumers refuse to buy or investors to invest, and increased risks in a rise in the level of unemployment, massive corporate losses, and stagnant global growth. Market to market hit in China and other Asian countries is expected since countries such as China holds 26% of overall US treasury holdings as indicated by (Wall Street Journal 2011).China: China house prices raise fears of more tighteningThe Telegraph, Published 18th AUG 2011SummaryHouse prices have been on the rise in China in spite of the rigorous attempts and interventions by the Chinese government to cool the market. The rise in house prices in China put the country, which is the second-largest economy at risk of a bursting property bubble.

Who committs suicide in prison more males or females Free Essays

Research Paper In January 2012 Freddie Dabneylll died by driving His Car into the James River. Authorities ruled that the cause of Death was suicide. The Suicide rate in Virginia has been continually rising. We will write a custom essay sample on Who committs suicide in prison more males or females or any similar topic only for you Order Now In 2011/2012 it was reported that the suicide rate reached an all time high at 13 Suicides in one year. This has been the highest number of suicides in Virginia for almost a decade. According to the States Medical Examiner Office, Virginians’ are three times more likely to die from a Suicide then a Homicide. The Medical Examiner’s Office said that the stress of Unemployment, elationship problems, and the lack to access Mental Health Resources all played a part in the rising Suicide numbers. Suicide is the act of a person taking His or Her own Life. Who is more likely to commit suicide in prison males or Females? Is there a way that we can prevent Suicide? Suicide can be prevented; most people who commit Suicide do show signs of constant stress and frustration or Depression. Virginia Department of Health) 90% or People who kill themselves have a Diagnosable and treatable Mental Illness. Suicide is the 10th leading cause of death in The United States of America. In 2007 the Number of People who died from Suicide was 34,598. 395,320 people were treated in emergency departments for self inflicting Injuries. The numbers of attempted suicides are always higher than suicide, it is estimated that there are 25 attempted suicides for every suicide. Females from Virginia reported that they h ad Mental Health Disorders more than Males. For Males that’s not good because reporting that you have a Mental health Disorder means that you actually went to get help and receive treatment, and when it comes to that females seek help more than Males. Medical Examiner’s Office 2008) In 2007 the CDC (Center of Disease Control) in Virginia conducted a survey to Measure attitudes regarding Mental Health Issues. 90% of Virginians agreed with the statement â€Å"Treatment can help persons who have Mental Illnesses†. Only 54% Virginians agreed with the statement â€Å"People are caring and sympathetic to others that has a Mental Disorder. Suicide can be prevented we just have be willing to be more caring and concerned about people who has Mental Disorders. Between 2008 and 2011 there were 4,344 Suicide Deaths in a 5-Year Suicide rate of 1 1. 4 per 100,000 people Population in Virginia. Suicide was the 7th leading cause of Death in Virginia. (Virginia Health Department2008) During this Period of time the leading Mechanism of committing Suicide was Firearms (57. 3%) The second leading Mechanism was Suffocation (18. 6%). The rest of Mechanisms of fall (1 . 73%), Drowning (1. 38%), (1. 5%) of suicides were by other means. Virginians of the age 30 and older has the highest rate of Suicide; the suicide rate for people 35 and older was 18. 6 per 100,000. The second age group that had the Highest Suicide rate was youth 15-25 years old. Youth from the age 15-25 years old had a Suicide rate of 15. 5 per 100,000. In 2004 to 2008 there were a total of 3,420 Suicides, so from 2008 to 2011 the amounts of Suicides increased over a thousand. (Medical Examiner Office Of Virginia2008) The Suicide rate for Males in Virginia was 3. 6 times higher than Females. The Male Suicide rate was 17. per 100,000; the Female Suicide rate was 5. 2 per 100,000. The leading cause of Suicide for males was the use of Firearms. Out of all the Males that committed Suicide63. 5% of them used Firearms to commit Suicide. For Females the leading cause of Suicide was Poisoning, 38. 8% of females that committed Suicide did it by poisoning their selves. The Suicide rate for race varies but no race significantly outweighs the other. Even thoug h the Suicide rate for Caucasians in Virginia are higher than the other races in Virginia, the Suicide rate in Virginia for a Caucasian person rate is only 2. times higher than African American person in Virginia. Suicide is the Leading Cause of Death for Inmates in Custody. In 2009 303 Inmates died due to the action of Suicide. The total Number of Suicides in prison for both Male and Females is 2,894. Sadly the Total number of Suicides for Male Inmates was 2,661, and for Female inmates were 232. Why do Male Inmates commit suicide ore than Female Inmates? There are more male Inmates than Female Inmates. In 2009 the males made up most of the Jail Population, 88% percent of the Jail population was males. Suicide rates in Jail have decreased every year 2008-2011. The Suicide rate went from 49 Deaths per 100,000 to 36 Deaths per 100,000. The male suicide rate was 43 per 100,000 Inmates in custody, and the Female Inmate rate was 12 deaths per 100,000. Though There More males in Prison that Females why is a Male 3 times more likely to commit suicide? When being Incarcerated Female Inmates receive more constant therapy and counseling than Male Inmates. In 1993 the BOP(Board of prisons) developed a special program for Female Inmates. This is special help for Female Inmates and its mainly used for them because its proven that a Female is 5 times less likely to commit a violent crime than a Male. This program is almost like a second chance in life. (U. S. Department of Justice Programs2009) When a Female is arrested and charged for a crime, their time to serve and sentence is lenient when compared to Males. During Incarceration Female Inmates receive Educational and Recreation programs. They also are given an opportunity to take Job Training and programs to assist Female Inmates to be better Woman, This as implemented by the U. S Department of Labor. The BOP offers Females Inmates the best Rehabilitation programs possible. Female Inmates apprenticeship programs offer special classes that give Females an opportunity to pick up a Trade. There are up to 40 different Trade programs for Female Inmates. The BOP also has special Mental Health Disorder Programs for Female Inmates. Remember Mental Health In 1994 A sheriff by the Name of Jim Pendegraph made a commitment to improve the treatment Programs for Male Inmates. These programs are supposed to help Male Inmates and address the reason why they are incarcerated. These Programs include Therapeutic, educational and Literacy Programs, While Incarcerated Male Inmates who are eligible may be allowed to receive treatment. This isn’t a Law Implemented by the BOP though, this is something a Local Sheriff came up with to better the Community. It is known that while in Prison Females receive more treatment and better opportunities to better themselves than Males. Female Inmates also receive More Therapy for Mental Health Disorders than Males. Because of the advantages that Female Inmates have over Male Inmates this is the reason why Males commit Suicide More than Females. In Society period Males commit Suicide more than Females, because Females get treated more for their Mental Health Disorders that Males. When a Female has a Mental Health Disorder she is more likely to report it and attempt to receive Help. Males don’t report the fact that they have mental issues and this risk factor is the main reason Males commit Suicide more than Females. (Medical Examiner’s Office of Virgin2009) Suicide in Virginia and in the U. S is a problem that needs to be approach and talk about more in Society. Only 54% of people in Virginia agreed with the fact that people are caring to others that. How to cite Who committs suicide in prison more males or females, Papers