Chapter 11 Quiz

he "house" sets the odds on casino games to ensure a profit over a period of time. This is the a. benefit b. proceeds c. yield d. house edge

The total amount wagered in gambling is called a. a handle b. the win c. a bet d. a wager

Placing a bet on an unknown outcome with the hope of securing a gain is a. gaming b. gambling c. risk d. An opportunity

Betting against the "house" is ________ gambling. a. social b. mixed c. commercial d. resort

Offering free goods and services to casino patrons in return for their business is called a. gratis b. comps c. on-the-house d. guest satisfaction

Gaming revenue is produced from a. food and beverage b. lodging c. casino win d. entertainment e. tours and attractions

Casinos track patron play (gambling) through the use of a. spotters b. pit bosses c. dealers d. loyalty programs

A horse track that also has slot machines a. slot parlor b. racino c. off-track betting d. horse parlor

The origins of gambling are _______ years old. a. 2,500 b. 5,000 c. 6,500 d. 7,000

A public gambling house was legalized for the first time in 1626 in a. England b. Venice c. North America d. Paris e. Russia

IGRA stands for a. International Gaming Regulatory Act b. Intermediary Gaming Regulatory Act c. Indian Gaming Regulatory Act d. Indian Gambling Regulatory Act

In most parts of the United States, slot machines produce ____ of casino revenue. a. the bulk b. about 10% c. about 25% d. about half

The fastest growing sector of casino gaming in the world is a. Native American b. Las Vegas c. Europe d. Asia

Nevada legalized gambling in a. 1910 b. 1931 c. 1941 d. 1950

The first modern casino in Las Vegas was opened on the strip in a. 1931 b. 1941 c. 1947 d. 1951

Atlantic City legalized casino gambling in a. 1947 b. 1961 c. 1970 d. 1976

The Supreme Court allowed Indian reservation gambling in 1987 with the _______ decision. a. Arizona b. Mallory c. Cabazon d. Fernandez

Tribal gambling now consists of more than ___ tribes in ___ states. a. 150 / 25 b. 200 / 30 c. 250 / 35 d. 300 / 35

_______ has become the highest grossing casino market in the world. a. Macau b. Atlantic City c. Las Vegas d. Mexico City

Which of the following is NOT one of the five functional areas of casino operations? a. Casino services b. Marketing c. Food and Beverage d. Human Resources

Some of the first forms of gambling were a. dice throwing b. dog races c. poker d. roulette

From the early 1940s until 1976, what city had a virtual monopoly on the gaming entertainment business? a. Atlantic City b. New Orleans c. Las Vegas d. Reno

Las Vegas and what other city are the most popular gaming entertainment resort cities in the United States? a. Reno b. New Orleans c. San Diego d. Atlantic City

Gourmet dining and increased restaurant revenues for casinos began in 1992 with a. Wolfgang Puck b. Emeril Lagasse c. Jacques Pepin d. James Beard

Outside of Nevada, ________ is still illegal in the United States. a. roulette b. horse betting c. dog betting d. sports betting

What operation is typically described as having a bar, a restaurant, and less than 16 electronic gambling devices? a. Sports book b. Nevada-style gaming tavern c. Mini-casino d. Theme restaurant

Stand-alone casinos are usually small and are often called a. gambling taverns b. bingo parlors c. slot parlors d. mini-casinos