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Casino Marketing Strategies and Revenue Management – Complete Exam Study Guide 2026/2027 with Verified Answers | Newest Version. A+

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Casino Marketing Strategies and Revenue Management – Complete Exam Study Guide 2026/2027 with Verified Answers | Newest Version. A+

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Casino Marketing Strategies and
Revenue Management
Modern Casino Marketing

Current strategies to attract and retain players.

Casino Special Events

Events designed to engage and attract players.

Hosted Players

VIP players assigned to a casino host.

Unassigned Players

Players not assigned to a specific host.

Average Daily Theoretical (ADT)

Estimated daily win from a player's casino visit.

Average Trip Theoretical (ATT)

ADT multiplied by the player's stay duration.

Pareto's Rule

80% of profits come from 20% of customers.

Premium Players

Top 20% of players generating most revenue.

Players Club

Loyalty program for casino patrons.

Promotion-based Activities

Marketing strategies focused on special offers.

Price-based Activities

Strategies emphasizing lower prices to attract players.

,Event Response Rate

Percentage of invited players likely to attend.

Eligible Customers

Players meeting ADT or ATT criteria for events.

Special Event Success Measurement

Evaluating profitability against event costs.

New Year's Eve Gala

Example event with 10% expected attendance.

Event Cost Calculation

Total cost divided by expected attendees.

Marketing Channels

Methods used to promote casino events.

Mailed Invitations

Physical invites sent to targeted players.

Email Marketing

Promotional messages sent via email to players.

Automated Calls

Pre-recorded messages sent to inform players.

Mobile App Communications

Notifications sent through casino's mobile application.

Direct Sell

Promoting events via live telephone calls.

Internal Events

Private events hosted on-site at the casino.

External Events

Events held off-site or at competitor casinos.

, Hybrid Events

Events open to premium players and general public.

Theoretical Win (T-win)

Projected revenue from player bets and house advantage.

T-win in Table Games

Calculated by average bet, hours played, hands per hour.

T-win in Slots

Calculated by dollar amount wagered and game advantage.

Player Acquisition Costs

Expenses to attract new casino customers.

Airfare Reimbursements

Cash covering player's air travel to the casino.

Cash Deposits

Gift percentage of deposited amount, e.g., 2%.

Comps (Room, Food, Beverage)

Free accommodations and dining for players.

Discounting Losses

Rebating actual losses incurred by players.

A Priori

Pre-agreed refund percentage of player's losses.

Post-Play

Negotiated refunds after substantial player losses.

Promotional Chips

Non-negotiable chips to incentivize table game play.

Quick Loss Benefits

Discounts for players losing before qualifying for comps.

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