Question 1

According to the text, political stability includes which of the following traits?

Accepted Answer

A)  An absence of corruption 
B)  Transparent government activity 
C)  Slow, measured change in regulations 
D)  All of the above 
E)  None of the above 
A)  An absence of corruption 
B)  Transparent government activity 
C)  Slow, measured change in regulations 
D)  All of the above 
E)  None of the above D

Question 2

Jobs which are paid directly by the casino and are created solely for the benefit of the casino are called:

Accepted Answer

A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Indirect temporary jobs 
E)  None of the above 
A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Indirect temporary jobs 
E)  None of the above B

Question 3

Jobs created due to the infusion of money into the local economy is called:

Accepted Answer

A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Indirect temporary jobs 
E)  None of the above 
A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Indirect temporary jobs 
E)  None of the above C

Question 4

In 2007, Russia enacted a law that basically forced any gamingoperation with assets worth less than $23 million to close.

Accepted Answer

A) True 
 B)False

Question 5

According to the American Gaming Association, over 800,000people owe their livelihood to the casino industry.

Accepted Answer

A) True 
 B)False

Question 6

The term "leakage" refers to :

Accepted Answer

A)  How much of the local economy receives direct benefits from a business. 
B)  The amount of money taken in that is lost to theft and embezzlement. 
C)  When parts of the dollar income of a business are exported outside the local economy 
D)  How much money comes into an economy from outside the jurisdiction because of tourists, travelers, etc. 
E)  None of the above 
A)  How much of the local economy receives direct benefits from a business. 
B)  The amount of money taken in that is lost to theft and embezzlement. 
C)  When parts of the dollar income of a business are exported outside the local economy 
D)  How much money comes into an economy from outside the jurisdiction because of tourists, travelers, etc. 
E)  None of the above

Question 7

In 2006, Russian President Putin signed a bill that restricted the gaming industry to:

Accepted Answer

A)  Moscow only 
B)  St. Petersburg only 
C)  Four zones located away from the big population centers 
D)  Areas east of the Ural mountains 
E)  Siberia 
A)  Moscow only 
B)  St. Petersburg only 
C)  Four zones located away from the big population centers 
D)  Areas east of the Ural mountains 
E)  Siberia

Question 8

Casinos create three different categories of jobs. Which one of the following is not one of those categories?

Accepted Answer

A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Management jobs 
E)  None of the above are a category of job at casinos 
A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Management jobs 
E)  None of the above are a category of job at casinos

Question 9

Atlantic City has enacted a ban on smoking in casinos, which has proved to have an overall positive effect on business, drawing morecustomers in.

Accepted Answer

A) True 
 B)False

Question 10

Discuss the impact of construction jobs during casino projects.

Accepted Answer

The first jobs created due to the casino

Question 11

According to the text, what is an example of a state that does not have a state tax on personal and corporate income because of gaming related taxes?

Accepted Answer

A)  Louisiana 
B)  South Dakota 
C)  Colorado 
D)  Nevada 
E)  California 
A)  Louisiana 
B)  South Dakota 
C)  Colorado 
D)  Nevada 
E)  California

Question 12

The largest segments of jobs created by casinos are:

Accepted Answer

A)  Those created by the casino itself 
B)  Those indirectly created by the casino 
C)  Construction jobs 
D)  Regulatory jobs 
E)  Management jobs 
A)  Those created by the casino itself 
B)  Those indirectly created by the casino 
C)  Construction jobs 
D)  Regulatory jobs 
E)  Management jobs

Question 13

Which states have the lowest and highest gambling tax rate?

Accepted Answer

A)  Louisiana - 5% and New Jersey - 40% 
B)  Nevada - 6.25% and Pennsylvania - 52% 
C)  South Dakota - 1% and Nevada - 25% 
D)  Colorado - 1% and Illinois - 60% 
E)  New Jersey - 10% and Louisiana - 60% 
A)  Louisiana - 5% and New Jersey - 40% 
B)  Nevada - 6.25% and Pennsylvania - 52% 
C)  South Dakota - 1% and Nevada - 25% 
D)  Colorado - 1% and Illinois - 60% 
E)  New Jersey - 10% and Louisiana - 60%

Question 14

According to the text, it is only when gambling is able to tapoutside markets will the casinos have a positive economic impact.

Accepted Answer

A) True 
 B)False

Question 15

The construction jobs created when a casino is designed and built are a form of:

Accepted Answer

A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Indirect temporary jobs 
E)  None of the above 
A)  Direct temporary jobs 
B)  Direct permanent jobs 
C)  Indirect jobs 
D)  Indirect temporary jobs 
E)  None of the above

Question 16

It is estimated that 30 jobs are created for every $1 million in acasino's revenue.

Accepted Answer

A) True 
 B)False

According to the text, political stability includes which of the following traits?

Jobs which are paid directly by the casino and are created solely for the benefit of the casino are called:

Jobs created due to the infusion of money into the local economy is called:

In 2007, Russia enacted a law that basically forced any gamingoperation with assets worth less than $23 million to close.

According to the American Gaming Association, over 800,000people owe their livelihood to the casino industry.

The term "leakage" refers to :

In 2006, Russian President Putin signed a bill that restricted the gaming industry to:

Casinos create three different categories of jobs. Which one of the following is not one of those categories?

Atlantic City has enacted a ban on smoking in casinos, which has proved to have an overall positive effect on business, drawing morecustomers in.

Discuss the impact of construction jobs during casino projects.

According to the text, what is an example of a state that does not have a state tax on personal and corporate income because of gaming related taxes?

The largest segments of jobs created by casinos are:

Which states have the lowest and highest gambling tax rate?

According to the text, it is only when gambling is able to tapoutside markets will the casinos have a positive economic impact.

The construction jobs created when a casino is designed and built are a form of:

It is estimated that 30 jobs are created for every $1 million in acasino's revenue.

Why Are There Rules

History From Plymouth Plantation to the Civil War

History From the Civil War Through the Great Depression

The Modern ERA - Nevada

The Modern ERA - New Jersey

Native American Gaming

Other Jurisdictions - Riverboat Gambling

Other Jurisdictions Land Based Casinos

The Costs and Benefits of Legalized Gambling

Acceptance of Gaming

Regulations

Filters

Exam 10: Economic Benefits

According to the text, political stability includes which of the following traits?

Jobs which are paid directly by the casino and are created solely for the benefit of the casino are called:

Jobs created due to the infusion of money into the local economy is called:

In 2007, Russia enacted a law that basically forced any gamingoperation with assets worth less than $23 million to close.

According to the American Gaming Association, over 800,000people owe their livelihood to the casino industry.

The term "leakage" refers to :

In 2006, Russian President Putin signed a bill that restricted the gaming industry to:

Casinos create three different categories of jobs. Which one of the following is not one of those categories?

Atlantic City has enacted a ban on smoking in casinos, which has proved to have an overall positive effect on business, drawing morecustomers in.

Discuss the impact of construction jobs during casino projects.

According to the text, what is an example of a state that does not have a state tax on personal and corporate income because of gaming related taxes?

The largest segments of jobs created by casinos are:

Which states have the lowest and highest gambling tax rate?

According to the text, it is only when gambling is able to tapoutside markets will the casinos have a positive economic impact.

The construction jobs created when a casino is designed and built are a form of:

It is estimated that 30 jobs are created for every $1 million in acasino's revenue.

Why Are There Rules

History From Plymouth Plantation to the Civil War

History From the Civil War Through the Great Depression

The Modern ERA - Nevada

The Modern ERA - New Jersey

Native American Gaming

Other Jurisdictions - Riverboat Gambling

Other Jurisdictions Land Based Casinos

The Costs and Benefits of Legalized Gambling

Acceptance of Gaming

Regulations

Filters