...Development of Las Vegas Did you know that 38.9 million people visit Las Vegas each year? Las Vegas gets much attention from all over the world not only in America, but this attraction took many decades to develop. This is the journey from how the grasses of “the meadows,” turned into the gambling world of Las Vegas. Las Vegas, Nevada is well known for the casinos and the large hotels, it is also known for drive-thru weddings. Millions of people visit Vegas every year, some to gamble and others just to have fun in the city. Although some people forget, Vegas took many years of construction and development to get where it is today. Billions of dollars were spent to show America that Las Vegas is the best city in the world. The more people that came to Vegas meant more money for the city, and that money was put to a good place. The money made more hotels and casino’s meant more jobs for thousands of people. The first person to enter Las Vegas was Rafael Rivera. At the time Rivera had named the valley Las Vegas, “the meadows,” because of the watered grasses. Later Octavius Gass, took over and renamed the area “Los Vegas Rancho.” Gambling became illegal in the state of Nevada in 1910 but soon legalized in 1931. Later the same year construction had begun on the Hoover Dam, which brought thousands of jobs east of the city. On Fremont Street, casinos and showgirls venue opened to attract the construction workers. In 1936 the Hoover Dam was complete, powered by cheap flashing signs...
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...Executive Summary Las Vegas Sands Corporation (“LVS”) is arguably the world’s premier casino resort operator. With its operations in Las Vegas, Macau, Pennsylvania, and its new development in Singapore and Europe LVS, is now well-positioned to capture a large slice of what is becoming an increasingly huge pie. They are the biggest company in its industry with a USD market cap of 35.1 billion as of 2011. The casino operator has been a pioneer in opening new markets in Asia, and will continue to aggressively focus on a variety of other development opportunities where it’s needed. However, LVS has faced significant financial challenges since the economic recession began in the fourth quarter of 2008. Among the significant ones is its large amount of long term debt currently at 9.58 billion. Las Vegas Sands Corporation has strategically sold some of their “non-core” assets such as the Venetian retail mall, and its Shoppes at the Palazzo in order to remain compliance with its credit covenants. With this said, there are now in the position to return to profitable operations with its Asian pipeline and its new development project in Europe with the assumption that upon completing these projects it will generate enough revenue to get rid of all their debts. In addition, to their debt issues are the ongoing lawsuits that have brought a threat from government officials questioning how the company conducts its domestic and foreign operations. This is an issue of growing importance especially...
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...Las Vegas Sands Corporation History The Las Vegas Sands Corporation started in 1989 as “Las Vegas Sands Incorporated” with the purchase of the Sands hotel and casino by entrepreneur Sheldon Adelson and his partners. In 1995 Sheldon Adelson bought out his partners in The Interface Group (TIG), the group that made the initial purchase of the Sands, and began planning the Venetian. In 1996 the Sands was imploded and in 1999 the Venetian was opened. Five years later, in December of 2004, Adelson took the Las Vegas Sands Inc. group public and it has since been the Las Vegas Sands Corporation (LVSC). Financial history The initial offering on December 14th, 2004 consisted of 23,809,524 shares at a price of $29 per share. From Bloomberg Business week, also shown in Appendix 1, we can see that since the first full month that LVSC has been traded on the NYSE its average record monthly high stock value was $103.05 and its average monthly record low stock trade value was $10.17. Within the last five years, the LVSC has suffered through the world’s economic downturn just like any other company. In Appenix 2 we can see that the early part of 2009 was the worst, in terms of stock prices, for the LVSC. We can also see that within the last two years, LVSC has also regained a lot of ground. There current share price is on the NYSE is at 51.50 and the performance of the Macau and Singapore markets continues to positively increasing the value of the overall company. Political position...
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...Andrew Wright, Phil and Film, Leaving Las Vegas Summary, February 12th, 2013 Leaving Las Vegas is an extremely powerful movie. It is somewhat slow-paced, but at the same time there is a great deal of suspense. The suspense stems from not knowing how the relationship between the two main characters, Ben (Nicholas Cage) and Sera (Elisabeth Shue), is eventually resolved. After being fired from his job, Ben leaves for Las Vegas to drink himself to death. He runs into Sera, a prostitute, who decides to be his guardian angel. The profoundness of this movie is reflected in the fact that Sera makes this choice in an active manner, in what could be described as a sign of geniune altruism. When Ben, in his drunken stupor, rejects the gift that he has just received, there is a symbolic incident of Sera punishing herself for her choices, by going into a hotel room alone with three customers. While their relationship comes off as being co-dependent, it is really Sera who needs Ben. This approach works, however, in creating a very definitive and unconditional romantic relationship between the two. The performances are brilliant, which is what makes this movie great. I found myself empathizing with both Ben and Sera. Even though I don't like the behavior for which Cage’s character portrays, he manages to convince me of the role he is playing and all my prejudices go away after the first few minutes. The powerful themes in the movie aren't just due to the alcohol abuse or sexual abuse issues...
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...ECON 230: Urban Economics (G2) Term Paper: Business Location Decisions & Patterns: An Analysis of the Agglomeration Effects in Las Vegas Table of Contents Introduction 3 Motivation 3 Background and History 3 Las Vegas Strip Today 6 Location Quotient of Las Vegas 7 Development Phases of Las Vegas 8 The First Wave of Development 9 Supply-side Factors 9 Demand-side Factors 10 The Second Wave of Development 11 Demand-side Factors 11 Supply-side Factors 13 Summary of Development Phases 14 Comparing Macau with Las Vegas 15 Lessons Learnt For Singapore 17 Conclusion 18 Bibliography 19 Introduction Motivation Over the years, Las Vegas has developed itself into a city housing mega-resorts and massive entertainment providers. More specifically, Las Vegas Strip, which is a 6.8 kilometer long highway leading from Los Angeles into Las Vegas, has seen a conglomeration effect with many large hotels, casinos and resort properties congregating there. Nineteen of the world’s twenty-five largest hotel by room count are on the Strip, with a total of over 67,000 rooms. In this paper, we are interested in studying the agglomeration trends of the mega-resorts in Las Vegas, understanding the reason and benefits of concentration. Next, we attempt to analyze difference between Las Vegas and Macau, the 2 gaming giants of the world. Lastly, we will extend these lessons learnt to two upcoming integrated resorts in Singapore. Background and History ...
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...The City of Las Vegas, Nevada Budget Process Sarah Molda Missouri State University The City of Las Vegas, Nevada Budget Process In accordance with Nevada state Law, City governments in Nevada are created either by general law or special charter. The City of Las Vegas is a special charter city, and operates under a council-manager form of government as proscribed by Nevada Revised Statutes (NRS) Chapter 268, with our mayor elected at-large and six City Council members representing the 6 single member wards that represent the City. The vision of the City of Las Vegas is to be “a world-class, vibrant, affordable, economically and ethically diverse, progressive city where citizens feel safe, enjoy their neighborhoods and access their city government. Its mission is to provide residents, visitors and the business community with the highest quality municipal services in an efficient, courteous manner and to enhance the quality of life thorough planning and visionary leadership.” (City of Las Vegas) The Las Vegas city council oversees the general administration, makes policy, and sets budget. The council appoints a professional City Manager who is charged with the running day-to-day operations, with the City Managers office being responsible for the administration and operation of all municipal services for the City of Las Vegas as well as the oversight for all redevelopment and economic development. The City Manager's staff also tracks the progress of various projects,...
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...Sultan Alotaibi 2010 Las Vegas Executive Summary LVCVA aims to provide the best and luxurious entertainment products and services to targeted business environments in North America and the rest of the world. This plan seeks to generate a significant increase in company sales and profits from creating more contracts with businesses from Canada in a perspective of B2B customers, government alliance, government services, boarding the service-line, compared to the preceding year. The highlights of this plan are the targeted sales-revenue from managing the business relationship with other business clients. These targets are attainable through enhancing the relationship with our current clients and our market reach in the future, expanding business relationship with other business clients, teaming-up with leisure providers, and partnering with reputable international and regional suppliers and services firms to reduce competition, improve pricing, and reduce risks. Las Vegas is counted to be a complete city for any vacation, convention, and business trip. The city has 150000 rooms, 250000 resort industry employees, the resorts can host up to 19000 meetings, convention and incentive programs annually, ranging in size from 10 to over 100,000 attendees. Las Vegas has more than 10.5 million sq ft of exhibit space (Ralenkotter, 2009). This business plan was created on the basis of our market research. Data conclude the size and growth of the business market segments, business...
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...A-Z Preguntas frecuentes (FAQ) Compensación y Beneficios Home / Recursos Humanos / Áreas de RRHH / Compensación y Beneficios Recursos Humanos Calendario Laboral Club del Empleado Dialogue e-Recruiting Procesos A-Z Vacaciones Autoservicio del Empleado Vales de comida o Tarjeta Buen Menú Vales de comida Tarjeta Buen Menú En el actual PCF, KPMG te ofrece el poder elegir entre una de estas dos formas de pago utilizables en restaurantes y cafeterías, con el objeto de optimizar tu gasto de comidas con las máximas ventajas fiscales. Vales de comida ¿Por qué los Vales de Comida? Los Vales de comida del PCF te permiten: Accesos directos SAP Entrada a SAP Practice Management Practice Management Históricos PMS Consulta de históricos Nómina Autoservicio del Empleado Soporte IT Services Service Desk Marca Site de Marca Área de prensa Área de prensa Club del empleado Club del empleado Dialogue Entrada a la aplicación de RRHH de gestión del desempeño Feedback 360º Acceso a la herramienta (link externo) KPMG Business School (KBS) Plataforma de Formación Acceso provisional a K-Learn Plataforma de Formación e-Recruiting Módulo de Recruiting KPMG Europe LLP KPMG Europe LLP MfE (accesible solo para PMLs) MfE (accesible solo para PMLs) Gestión del Conocimiento Gestión del Conocimiento Disponer de una forma de pago que sustituye al dinero utilizable en multitud de restaurantes...
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...Choice, Sports, Stem Cell Research, Steroids, Terrorism, Violence, War on Drugs, more... Business - Advertising, Business, Buy Web Sites, Economics, Finance, Management, Marketing, Sell Websites Education - ADHD, Learning, Philosophy of Education, Privatization, Public Schools, School Violence, School Vouchers, Teaching, Technology and Education, Test and Testing, Writing English Composition Essays - Analitical, Autobiographical, Argument, Cause/Effect, Classification, Compare/Contrast, Comparison, Conversation, Creative+Writing, Critical, Deductive, Definition, Descriptive, Description, Dialog, Division, Exploratory, Expository, Informative, Interview, Inquiry, Journalistic, Narration, Observation. Personal Narrative, Place, Profile, Process, Proposal English Literature and Literary Analysis - Adventures of Huckleberry Finn, A & P, Antigone, Apocalypse Now, Araby, The Awakening, Barn Burning, Beowulf, Beloved, Bible, Birthmark, Blade Runner, The Bluest Eye, Candide, Canterbury Tales, Catcher in the Rye, Cathedral, Chrysanthemums, A Clockwork Orange, The Color Purple, Comparing Literary Works, Crime and Punishment, Death of a Salesman, Death in Venice, Desiree's Baby, A Doll's House, Dr. Faustus, Epic of Gilgamesh, Everyday Use, A Farewell to Arms, Frankenstein, The Grapes of Wrath, Great Gatsby, Great Expectations, Glass Menagerie, Gulliver's Travels, The Handmaid's Tale, Heart of Darkness, The Iliad, Invisible Man, Jane Eyre, The Joy Luck Club, The Lottery, ...
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...make his way through the ranks all the way up to a manager position. The OCC, which he works for is one of the largest and most successful convention centers in the nation. The OCC is the second biggest convention center behind Chicago in the United States. The location of central Florida and these huge buildings help OCC be in high demand for events. The Sears Tower would be able to fit lying down inside of the west building. The North/South building is smaller and shaped more like a box but still is large enough to host several events at the same time. Orlando is considered a first tier city. A first tier city is a city that is able to accommodate 30,000 people or more for an event. Other examples of first tier cities are Chicago, Las Vegas, New Orleans, and Atlanta. The OCC is also a nonprofit business. It infuses the local economy with new money and expanding business. According to Dean they have only made a profit on two events the entire time he has worked there. The energy bill alone for a year is nine million dollars, with some of the high traffic months costing one million. Dean went through how he started out as a security guard to the position he is at currently. One of the things he stressed is you will mess up but make sure to learn from your mistakes. He also walked us through many of the business plans he has tried and went over the business idea as a whole. He was a part of building the UCF Student Union. The two major reasons clients and customers come together...
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...Alyssa Miller MKTG 320 SWOT Analysis Las Vegas The LVCVA has a strength with predicting trends and for the most part has been on top of changing their marketing techniques to suit those trends. Las Vegas is one of the most famous cities in the world and it is known for a great and crazy time. Las Vegas also has an enormous customer base. Las Vegas’s image is weak in the fact that it only appeals to some customers. The smaller audience it attracts and that there are almost no options for any other age group besides 21-50 year olds also weakens it. Las Vegas has an opportunity to expand and make it’s business and experience even bigger because almost no one is competing with them. There is also an opportunity to improve hotels, casinos, resorts, and other main attraction buildings with all the new technology that comes out every year. Las Vegas has an opportunity to expand their customer base and try to reach different and new demographics. The business also has an opportunity to try and make its large industry greener. They could find ways to save electricity and water at hotels and casinos and be sure that all public bathrooms in the city have automatic air hand dryers. A threat in Las Vegas’s microenvironment is that since they virtually have no competitors, it could eventually become a boring trend or a place that everyone’s already been to. On the other hand, places like Dubai are becoming trendy with new modern infrastructure and many opportunities to attract...
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...Las Vegas Case analysis 1- Given all the changes in the branding strategy, has the Vegas brand had a consistent meaning to consumers? Is this benefit or a detriment as the city moves forward? Ans: yes there is a consistent meaning. Although the positioning of the Vegas brand has changed, Vegas will never lose the ‘’ sin city ‘’ label. Important aspects of the core brand are consistent; old and new customers attest to a Vegas experience that includes a degree of naughtiness. Different customers have been targeted through city histories and this came from there strong branding strategy, which is: a) Las Vegas as a powerful brand name has a Brand Equity: knowing that the brand name has an effect on the customers’ response to the product or its marketing. b) Las Vegas has positioned its brand in target customers minds through: Brand positioning: by associating its name with a desirable benefit and experience to its customers (being naughtier). Brand name: when the name Vegas get mentioned it means ‘’ sin city ‘’ , luxury vacation and wholesome entertainment to its customers. Brand development: Product Category Existing: Line Extention : extending the brand name to new forms, colors, and sizes. | Brand Extension: extending brand name to new product categories: | New: Multibrands: | New Brands | Its benefits since the city have a broad pool of potential...
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...Our presentation topic was about the 2017 Las Vegas Shooting. My group members are Michaela Finneyfrock, Riya Patel, Bridget Cichon, Jack Zigler, and Mason Parker-Loan. This event had occurred on October 1st at 10:05 PM, where a man named Stephen Paddock had fired many bullets at a concert from the window of his room on the 32nd floor of the Mandalay Bay Hotel. About 58 people were killed and 546 people were injured. He had also killed himself. This shooting is known as the deadliest mass shooting in the United States. This act was unjust and evil due to many innocent lives were affected by being killed or injured. Originally, many had gone to a concert expecting to enjoy the musical festival together, until someone who had bad intentions changed that day. Many innocent lives were affected due to someone who had an evil act in mind. This is an unjust act because many lives and families were affected and hurt due to someone who had an evil mind by doing something so cruel...
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...ENGL 220 Regret The night has shut in, the man gets back from work with a lot of boxes, it seems really heavy, but we don’t know what he has brought back, he is depressed, suffering and too stressed out to talk with his wife about his job, yes, he got fired. It was a really long night because he couldn’t sleep and he couldn’t talk with his wife friendly because they have been fighting for past weeks. The next day he decided to go away and do something that can make him happy, he took his big dog and all the money he had saved in the past from bank and stock market. Then he set off to go to Las Vegas for gambling. He did fill up the gas; pack some clothes and enough food to his adventure. He is really exciting to go there, because he wants to be happy, and get away from his wife and terrible situation. Seems he got a lot of fun in Vegas, because he always win, and also meet so many friends there, one of his friend give him advice, but one bad decision made him loss all the money, at that time he regret and think about his friend had told him and also his dog and wife. He stress out again, because he is not only unemployment, and also no money, he check out the hotel and took the dog with him head back to home, he can not wait to home tell his wife he is wrong, and planning his future job with her. Whereupon, he starts the car with his dog back to home, he was driving and driving, the gas run out really fast, finally stopped on the half way. He has no idea where he at, he is hungry...
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...* Problem statement The problem for Las Vegas is they are losing revenue because of the September 11, 2001 terrorist attack. People also see Vegas as Sin City and a place where people go to gamble. Vegas do not have a good image to a lot of people. Even though they are trying to turn it around and create a place for families they will never lose that Sin City label. * Company Analysis Las Vegas Convention and Visitors Authority (LVCVA) fielded several national ad campaigns. Tourism is Las Vegas’s biggest industry, and LVCVA is charged with maintaining the city’s brand image and keeping visitors coming to one of the world’s most famous cities. As the 1900s rolled around, many Las Vegas officials felt that the town needed to broaden its target audience. So they set out to appeal to families. Some of the biggest casinos on the Las Vegas strip built roller coasters and other thrill rides, world-class water parks, and family-friendly shows like Treasure Island’s live-action swashbuckler spectacle, visible to everyone passing by on the street. The terrorist attacks of September 11, 2001, dealt Las Vegas tourism one of its worst blows ever. Declining tourism led to 15 000 lost jobs. The LVCVA engineered an image of Las Vegas as a luxury destination oozing with excess and indulgence. The theme parks were replaced by five-star resorts, high-rise condos, expansive shopping mall filled with the world’s top luxury brands, and restaurants bearing names of world-renowned chefs...
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