Question 1

The "house" sets the odds on casino games to ensure a profit over a period of time. This is the

Accepted Answer

A)   benefit 
B)   proceeds 
C)   yield 
D)   house edgeE) None of the above
F) A) and D)

Question 2

Offering free goods and services to casino patrons in return for their business is called

Accepted Answer

A)   gratis 
B)   comps 
C)   on-the-house 
D)   guest satisfactionE) A) and B)
F) A) and C)

Question 3

Define the term "win" in reference to a casino.

Accepted Answer

• A casino win is the cost of ...

Question 4

Stand-alone casinos are usually small and are often called

Accepted Answer

A)   gambling taverns 
B)   bingo parlors 
C)   slot parlors 
D)   mini-casinosE) B) and C)
F) A) and B)

Question 5

From the early 1940s until 1976, what city had a virtual monopoly on the gaming entertainment business?

Accepted Answer

A)   Atlantic City 
B)   New Orleans 
C)   Las Vegas 
D)   RenoE) B) and D)
F) B) and C)

Question 6

Some of the first forms of gambling were

Accepted Answer

A)   dice throwing 
B)   dog races 
C)   poker 
D)   rouletteE) C) and D)
F) None of the above

Question 7

Placing a bet on an unknown outcome with the hope of securing a gain is

Accepted Answer

A)   gaming 
B)   gambling 
C)   risk 
D)   An opportunityE) All of the above
F) A) and B)

Question 8

What are five initial career tracks in the gaming industry?

Accepted Answer

• Hotel operations, food and b...

Question 9

In most parts of the United States, slot machines produce ____ of casino revenue.

Accepted Answer

A)   the bulk 
B)   about 10% 
C)   about 25% 
D)   about halfE) C) and D)
F) B) and C) A

Question 10

Gourmet dining and increased restaurant revenues for casinos began in 1992 with

Accepted Answer

A)   Wolfgang Puck 
B)   Emeril Lagasse 
C)   Jacques Pepin 
D)   James BeardE) C) and D)
F) A) and B)

Question 11

IGRA stands for

Accepted Answer

A)   International Gaming Regulatory Act 
B)   Intermediary Gaming Regulatory Act 
C)   Indian Gaming Regulatory Act 
D)   Indian Gambling Regulatory ActE) A) and B)
F) A) and C)

Question 12

What operation is typically described as having a bar, a restaurant, and less than 16 electronic gambling devices?

Accepted Answer

A)   Sports book 
B)   Nevada-style gaming tavern 
C)   Mini-casino 
D)   Theme restaurantE) A) and C)
F) B) and D)

Question 13

How would you define gambling?

Accepted Answer

• Gambling is playing a game of risk for the thrill of the action and the chance of making money. Gamblers learn and understand the game of risk and enjoy trying to beat the house or odds.

Question 14

Outline the government's involvement in the gaming system.

Accepted Answer

• Students should mention IGRA...

Question 15

The total amount wagered in gambling is called

Accepted Answer

A)   a handle 
B)   the win 
C)   a bet 
D)   a wagerE) A) and D)
F) All of the above

Question 16

Describe how and why tribal gambling was legalized in 1987?

Accepted Answer

• Indian gaminghas its roots in the concept of tribal sovereignty, meaning that a tribe isnot subject to the commercial restrictions of the state in which it is located. Inthe 1987 Cabazon decision, the Supreme Court affirmed that if a state allowedbetting on bingo or card games, Indian tribes could offer these games withoutlimits imposed by state regulators.

Question 17

The fastest growing sector of casino gaming in the world is

Accepted Answer

A)   Native American 
B)   Las Vegas 
C)   Europe 
D)   AsiaE) A) and B)
F) All of the above

Question 18

Which of the following is NOT one of the five functional areas of casino operations?

Accepted Answer

A)   Casino services 
B)   Marketing 
C)   Food and Beverage 
D)   Human ResourcesE) All of the above
F) C) and D)

Question 19

Outside of Nevada, ________ is still illegal in the United States.

Accepted Answer

A)   roulette 
B)   horse betting 
C)   dog betting 
D)   sports bettingE) C) and D)
F) B) and D)

Question 20

Outline the rationale for Native American involvement in the gaming industry.

Accepted Answer

• Native Americans have often been to Wa...

Exam 11: Gaming Entertainment

The "house" sets the odds on casino games to ensure a profit over a period of time. This is the

Correct Answer
verified

Offering free goods and services to casino patrons in return for their business is called

Correct Answer
verified

Define the term "win" in reference to a casino.

Correct Answer
verified
• A casino win is the cost of ...
View Answer

Stand-alone casinos are usually small and are often called

Correct Answer
verified

From the early 1940s until 1976, what city had a virtual monopoly on the gaming entertainment business?

Correct Answer
verified

Some of the first forms of gambling were

Correct Answer
verified

Placing a bet on an unknown outcome with the hope of securing a gain is

Correct Answer
verified

What are five initial career tracks in the gaming industry?

Correct Answer
verified
• Hotel operations, food and b...
View Answer

In most parts of the United States, slot machines produce ____ of casino revenue.

Correct Answer
verified
A

Gourmet dining and increased restaurant revenues for casinos began in 1992 with

Correct Answer
verified

IGRA stands for

Correct Answer
verified

What operation is typically described as having a bar, a restaurant, and less than 16 electronic gambling devices?

Correct Answer
verified

How would you define gambling?

Correct Answer
verified
• Gambling is playing a game of risk for the thrill of the action and the chance of making money. Gamblers learn and understand the game of risk and enjoy trying to beat the house or odds.

Outline the government's involvement in the gaming system.

Correct Answer
verified
• Students should mention IGRA...
View Answer

The total amount wagered in gambling is called

Correct Answer
verified

Describe how and why tribal gambling was legalized in 1987?

The fastest growing sector of casino gaming in the world is

Correct Answer
verified

Which of the following is NOT one of the five functional areas of casino operations?

Correct Answer
verified

Outside of Nevada, ________ is still illegal in the United States.

Correct Answer
verified

Outline the rationale for Native American involvement in the gaming industry.

Correct Answer
verified
• Native Americans have often been to Wa...
View Answer

Exam 11: Gaming Entertainment

The "house" sets the odds on casino games to ensure a profit over a period of time. This is the

Correct AnswerverifiedShow Answer

Offering free goods and services to casino patrons in return for their business is called

Correct AnswerverifiedShow Answer

Define the term "win" in reference to a casino.

Correct Answerverified• A casino win is the cost of ...View AnswerShow Answer

Stand-alone casinos are usually small and are often called

Correct AnswerverifiedShow Answer

From the early 1940s until 1976, what city had a virtual monopoly on the gaming entertainment business?

Correct AnswerverifiedShow Answer

Some of the first forms of gambling were

Correct AnswerverifiedShow Answer

Placing a bet on an unknown outcome with the hope of securing a gain is

Correct AnswerverifiedShow Answer

What are five initial career tracks in the gaming industry?

Correct Answerverified• Hotel operations, food and b...View AnswerShow Answer

In most parts of the United States, slot machines produce ____ of casino revenue.

Correct AnswerverifiedA

Gourmet dining and increased restaurant revenues for casinos began in 1992 with

Correct AnswerverifiedShow Answer

IGRA stands for

Correct AnswerverifiedShow Answer

What operation is typically described as having a bar, a restaurant, and less than 16 electronic gambling devices?

Correct AnswerverifiedShow Answer

How would you define gambling?

Correct Answerverified• Gambling is playing a game of risk for the thrill of the action and the chance of making money. Gamblers learn and understand the game of risk and enjoy trying to beat the house or odds.

Outline the government's involvement in the gaming system.

Correct Answerverified• Students should mention IGRA...View AnswerShow Answer

The total amount wagered in gambling is called

Correct AnswerverifiedShow Answer

Describe how and why tribal gambling was legalized in 1987?

The fastest growing sector of casino gaming in the world is

Correct AnswerverifiedShow Answer

Which of the following is NOT one of the five functional areas of casino operations?

Correct AnswerverifiedShow Answer

Outside of Nevada, ________ is still illegal in the United States.

Correct AnswerverifiedShow Answer

Outline the rationale for Native American involvement in the gaming industry.

Correct Answerverified• Native Americans have often been to Wa...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
• A casino win is the cost of ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
• Hotel operations, food and b...
View Answer

Correct Answer
verified
A

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
• Gambling is playing a game of risk for the thrill of the action and the chance of making money. Gamblers learn and understand the game of risk and enjoy trying to beat the house or odds.

Correct Answer
verified
• Students should mention IGRA...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
• Native Americans have often been to Wa...
View Answer