The Miami Casino, an integrated resort, has the following results for this year:
3,650,000 annual customers:
3,000 slot machines, daily net win of \$300 per machine; What is the daily revenue? What is the annual revenue?
He casino drops half of the floor every day. Assuming one day’s activity, How much money do they count daily?
2,000 hotel rooms, 90% occupancy, \$200 avg. daily rate; What is the annual revenue?
50% of the customers have Beverages with an average \$25 per capita expense; What is the daily revenue? What is the annual revenue?
50% of the customers have Food with the total annual revenue of \$91,250,000; What is the daily per capita?
25% of the customers park their car at a daily fee of \$25; What is the annual revenue?
The casino has a 2,500 seat arena with 50 events annually. Each event sells out and generates \$250,000; What is the annual revenue?
The sports book has \$60,000,000 in wagers annually with a 5% hold; What is the annual revenue?
The race book has a 4% hold and generates \$800,000 annually; What is the amount of annual wagers?
List five major expenses of the casino (just categories, no numbers necessary);
The casino has a coin in on a day of \$5,000,000 and a win of \$300,000; What is the hold (win) percentage.
The casino, on another day, has a hold percentage of 7%, which is \$350,000; How much is the coin in for that day?
If you assume a state tax of 35%, what is the net revenue on \$350,000 win?
Give me your takeaways on one of the articles that you read.