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  • Hospitality Law

  • Rolling the Dice: There May Be Risks When Hospitality Companies Put Their Brand on Gambling

  • By William A. Brewer III, Co-Founding & Co-Managing Partner, Bickel & Brewer

  • According to the Greek philosopher Heraclitus, "The only constant is change." The leisure industry, not unlike other industries, is in a state of constant transition. With change comes risk; the risk associated with entering a new business, and the risk of lost opportunity. As recently as 1978, Nevada was the only state to offer casino gambling.

    However, significant developments have taken place in the latter half of the 1990's, as the number of states permitting casino gambling increased from one, to 27 by the new millennium. Casinos can now be found on riverboats and in resort locations, perhaps with the most explosive growth occurring on Indian reservations. Not surprisingly, with the expansion of casinos and the popularity of commercial gaming, Nevada was one of the fastest growing states during the second half of the 20th century.

    High Stakes: Gambling Means Big Business

    Gambling is indeed a growth industry. According to the American Gaming Association, over the course of the last ten years from 1995-2005, total commercial casino revenues nearly doubled from $16.0 billion in 1995, to $30.3 billion in 2005. Additionally, total gaming revenues increased by approximately 74 percent for the period 1995-2004, from $45.1 billion to $78.6 billion.

    Just after the state of ...

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Hotel Human Resources: The Biggest Challenges
The economic challenges of the past four years have led many hotel companies to re-examine the ways in which they do business and how they deploy talent. In many cases, the work did not go away and fewer people were left to carry on the tasks that had previously been shared among many. As we work our way out of the recession and look forward to a healthier economic environment, there is an understanding that despite recovering business levels, we may never see the return of former staffing levels. This "new norm" of operating with leaner teams has led Human Resources professionals and people managers to look at career development and growth opportunities in a new light. The March Hotel Business Review will take a look at some of the strategies being used by successful hotel brands, and techniques human resource directors are currently exploring.
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