Question
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
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 dailyrevenue?What is the annual revenue?
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 capitaexpense;What is the daily revenue? What is the annual revenue?
50% of the customers have Food with the total annualrevenue of $91,250,000;What is the daily per capita?
25% of the customers park their car at a dailyfeeof $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 thgeamount of annual wagers?
List five major expenses of the casino (just categories, no numbers necessary);
Step by Step Solution
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Step: 1
To calculate the daily and annual revenues as well as the other financial figures well use the given information 1 Slot Machines Number of slot machin...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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