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The "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

E) None of the above
F) A) and D)

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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

E) A) and B)
F) A) and C)

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

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• A casino win is the cost of ...

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Stand-alone casinos are usually small and are often called


A) gambling taverns
B) bingo parlors
C) slot parlors
D) mini-casinos

E) B) and C)
F) A) and B)

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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

E) B) and D)
F) B) and C)

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Some of the first forms of gambling were


A) dice throwing
B) dog races
C) poker
D) roulette

E) C) and D)
F) None of the above

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


A) gaming
B) gambling
C) risk
D) An opportunity

E) All of the above
F) A) and B)

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What are five initial career tracks in the gaming industry?

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• Hotel operations, food and b...

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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

E) C) and D)
F) B) and C)

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A

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


A) Wolfgang Puck
B) Emeril Lagasse
C) Jacques Pepin
D) James Beard

E) C) and D)
F) A) and B)

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IGRA stands for


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

E) A) and B)
F) A) and C)

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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

E) A) and C)
F) B) and D)

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How would you define gambling?

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• 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.

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• Students should mention IGRA...

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The total amount wagered in gambling is called


A) a handle
B) the win
C) a bet
D) a wager

E) A) and D)
F) All of the above

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Describe how and why tribal gambling was legalized in 1987?

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• 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.

The fastest growing sector of casino gaming in the world is


A) Native American
B) Las Vegas
C) Europe
D) Asia

E) A) and B)
F) All of the above

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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

E) All of the above
F) C) and D)

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


A) roulette
B) horse betting
C) dog betting
D) sports betting

E) C) and D)
F) B) and D)

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

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• Native Americans have often been to Wa...

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