StudentShare solutions
Triangle menu

International Gaming The Philippines - Research Paper Example

Not dowloaded yet

Extract of sample
International Gaming The Philippines

International Gaming Research Paper – The Philippines

Since 1990, Manila has experienced explosive growth in casino development from major players such as Hyatt Hotels and Casinos, Tropicana Casino, The Belle Grand Manila Bay, and the Pharaoh Hotel; to name only a few. Casino development has occurred not only as a product of de-regulation in this industry, but by using government prowess and marketing to lure foreign investment into the country. Unlike many other Asian nations, the government regulatory environment designed to control casino gambling and development is much more liberal, as the government of The Philippines is an electoral system similar to the democratic structure of the United States. This liberal system designed to foster commercial development and support has contributed to rapid expansion of the casino gaming industry in the country. There are difficulties in this industry in the Philippines, however, associated with fragmented regulatory systems designed to control gaming operations. House Representative Danilo Suarez, frustrated with the fragmentation of existing regulatory bodies, was able to foster House support for the creation of a National Gaming Commission that would serve as the singular body to control casino licensing and building cohesion with the disjointed legal systems that currently monitor gaming. It was only recently that Manila achieved an organized system of regulatory authorities that have ensured reasonable provisions are developed to control casino operations, thereby providing gamblers with just gaming systems. There are also social impacts of the gaming industry in The Philippines that cause problems with ensuring further development of more casino resorts in the country. The Philippines is a collectivist nation, meaning that citizens maintain strong connections to group membership and family membership, whereby some of the most fundamental values of society are kinship and education. In 2008, officials and student picketers from the Angeles University Foundation held a picketing protest outside of a proposed site for a new casino, which would be built directly next to the Angeles University (Casino City 1). This protest was so massive in magnitude that it even led to a restraining order against the casino operator, Emaja Internet Gaming. This illustrates that there is much inconsistency in social values about the potential benefits of gaming, which could serve to act as negative public relations that could impede tourist revenues. Furthermore, in 2012, a $2 billion entertainment complex known as Universal Entertainment was under investigation for bribery allegations, including 16 different members of the regulatory Commission alleged to be involved in taking $5 million in payments in receipt of regulatory favors (Casino City 1). This has very large-scale implications for a country that is having difficulty in creating cohesive regulatory structures when even members of government seem to continue to be impelled to take active involvement in bribery. For a nation that is attempting to boost its reputation as a hot spot for tourism, situations such as these continue to provide negative publicity that could erode a competitive marketing position internationally. The Philippines is also creating new regulatory bodies for the control of Internet ...Show more

Summary

Manila, the capital city of The Philippines, is home to a diverse variety of domestically-based and foreign-based casinos and casino resorts. With a total population of 1.65 million people, Manila is the second largest city in the country and one with considerable commercial development that continue to give the city much needed tourism revenues…
Author : aufderharvincen
International Gaming Research Paper The Philippines essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"International Gaming Research Paper The Philippines"
with a personal 20% discount.
Grab the best paper

Related Essays

Finance and Accounting Research Paper: The International Financial Reporting Standards
The International Financial Reporting Standards (IFRS) are a set of guidelines that are sued to guide accountants and financial professionals in preparation and reporting financial information. This paper will discuss the IFRS in terms of its basic information; by discussing its foundation, and how it was formed.
10 pages (2500 words) Research Paper
Research paper - international relations
Since then China’s nuclear stockpile has remained comparatively small with respect to that of the United States and Soviet Union. China’s “four modernization program” has given the military the lowest priority, but nuclear weapons are considered separately and have been given the highest priority of all military programs since 1992.
8 pages (2000 words) Research Paper
Marriott International Business Research Paper
. It can also be defined as a systematic study of the actions and the attitudes that every individual demonstrates within an organization. The aim of the study is to ensure that the human behavior contributes towards the development of the organization and along with it, greater effectiveness is achieved (Dhar, 2002).
7 pages (1750 words) Research Paper
Research paper
Indonesia is a rapidly developing urban economy, despite its small size. Through commercial and urban development, as well as foreign direct investment from public and private investors, Singapore now boasts tourism as its number one contributor to economic health.
4 pages (1000 words) Research Paper
RESEARCH PAPER FOR International Relations 511: Middle East Today
Being the only nation from Africa, Egypt has had a great impact in the Arab Middle East in terms of its political administration, economic dimension, and population and Arab culture. The country is the largest economy in the Arab world, having some of the most advanced and innovative telecommunications and infrastructure companies.
11 pages (2750 words) Research Paper
Gaming
However, rather than perceiving it as a concern, marketers should consider it as an opportunity to develop more innovative and interactive promotional messages. Sports games manufacturers have been one of the first to consider new promotional techniques such as the insertion of billboards as it emulates the 'real world' environment at sports events.
4 pages (1000 words) Research Paper
International Supply Chain Management 342 research paper
According to new management paradigms, as provided by Peter Drucker, such a concept does extend beyond traditional venture boundary limits. It further seeks greater organization of entire business operations throughout core value-chain stakeholders; forming
7 pages (1750 words) Research Paper
Research paper
Currently, there are advanced computer games that require the player to pay full attention, these results to the players engaging in the games both emotionally and physically that they usually do when watching TV or a movie. Some people regard computer games
9 pages (2250 words) Research Paper
Research Paper
According to Wikipedia (Toyota, n.d.), the company was founded in 1933 with the division of Toyoda Automatic Loom Works that was devoted to the production of automobiles. However, in 1937 it already performed its activities as an independent company. Since its
5 pages (1250 words) Research Paper
International Paper
I have made such a recommendation because this is the most transparent recruitment process (Gomez-Mejia, L. et al., 2007). If properly conducted, the company will surely get the most competent, highly qualified and experienced
3 pages (750 words) Research Paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation