9,349 research outputs found

    Comparative analysis of casino operations on the Las Vegas Strip and in Atlantic City

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    The main purpose of this study is to assess the state of the casino industry within the respective markets of Atlantic City and the Las Vegas Strip, based on recent changes in their financial performances. It attempts to identify trends in revenue, cost, and profit margin of the Las Vegas Strip and Atlantic City casinos since 1995, when the gaming market saturation was not a problem. Casino performances within these two markets are compared. To achieve this objective, aggregate data of 37 casinos on the Las Vegas Strip and 12 casinos in Atlantic City are used; Despite fast rising revenues on the Las Vegas Strip, total operating costs and expenses have increased more quickly than has total revenue. This has caused a decline in net income before income taxes and extraordinary items since 1996 (Nevada Gaming Abstract, 1995--2000). In Atlantic City, a fierce marketing war took place consisting of bus and coin giveaway packages in 1996 (Rutherford, 1999), which significantly affected the increase of total operating costs and expenses, as well as a decline in the bottom-line profit margin for the year. (Abstract shortened by UMI.)

    Effect of admixtures on the yield stresses of cement pastes under high hydrostatic pressures

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    When cement-based materials are transported at a construction site, they undergo high pressures during the pumping process. The rheological properties of the materials under such high pressures are unknown, and estimating the workability of the materials after pumping is a complex problem. Among various influential factors on the rheology of concrete, this study investigated the effect of mineral and chemical admixtures on the high-pressure rheology. A rheometer was fabricated that could measure the rheological properties while maintaining a high pressure to simulate the pumping process. The effects of superplasticizer, silica fume, nanoclay, fly ash, or ground granulated blast furnace slag were investigated when mixed with two control cement pastes. The water-to-cement ratios were 0.35 and 0.50.ope

    An Application of the Disequilibrium Adjustment Framework to Small Area Forecasting and Impact Analysis

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    The disequilibrium adjustment frameworks, pioneered by Carlino & Mills (1987) and further extended by Boarnet (1994a), have been widely adopted by various regional and intra-regional studies, 1) determining whether jobs follow people or people follow jobs or the both; 2) examining the determinants of growth or location decisions; and 3) investigating spread versus backwash effects. Beyond these traditional uses of the framework, this chapter presents an idea of using the model for small area population and employment forecasting and impact analysis. An application using data for the Chicago metropolitan area reveals that the framework, capturing spatial population-employment interaction and adjustment processes, can be a powerful small area forecasting and impact analysis tool, when it is combined with a regional economic forecasting method. Particularly, the spatial econometric specification of the model facilitates the integration of horizontal (across spatial units) as well as vertical (over the hierarchy; macro and sub-regional) dimensions to the analysis of change. This study also discusses some theoretical issues and methodological challenges in this type of application
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