Estimating the effect of racino restaurant sales on slot wagering volume [Summary]

TR Number
Date
2012
Journal Title
Journal ISSN
Volume Title
Publisher
Virginia Tech
Abstract

The purpose of this paper is to estimate the effects of onsite restaurant business volume on slot machine gaming volume at a Midwestern racino property. The results provide management with critical estimates for use in determining the overall value of the restaurant space. Additionally, operators are able to examine whether it makes sense to operate restaurants at a loss, based on the notion that the dining outlets are contributing to gaming volumes.

Description
Keywords
Casinos,, Operations management, Racino operations, Loss‐leader marketing, Slot operations analysis, Regression analysis, Catering
Citation