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Swot and Strategy Evaluation Paper: Gambling

In: Business and Management

Submitted By Emorydd
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Pages 5
SWOT and Strategy Evaluation Paper: Gambling

PHL/320

07/21/2015

SWOT and Strategy Evaluation Paper: Gambling

Fancy cars, extravagant vacations, expensive jewelry, and a bigger house; we all wish for these things and wonder how we will ever make them a reality. Growing up we all heard that ‘the grass is always greener on the other side.’ This is even truer as an adult since we all want something that we don’t have. To some people, gambling is the only way that dream will ever happen. All they need to do is win one more time or win just a little bit more money. However, most people will not stop at just one more time. It turns into a never-ending cycle. If it is used for the good of society it can be a completely healthy hobby that really adds to society.

|Strengths |Weaknesses |
|Gambling become socially acceptable |Large capital investments |
|Key source of revenue for States |High debt-to-equity ratio |
|Increased US tourism spending |Gambling addiction |
|Increased casino hotel revenues |Gambling can lead to health issues |
| |Gambling can lead to suicide |
|Opportunities |Threats |
|Introduction of new games…...

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