Question 1

A public gambling house was legalized for the first time in 1626 in

Accepted Answer

A)  Paris
B)  England
C)  Venice
D)  Russia
E)  North AmericaF) C) and D)
G) None of the above

Question 2

Stand -alone casinos are usually small and are often called

Accepted Answer

A)  gambling taverns
B)  slot parlors
C)  mini -casinos
D)  bingo parlorsE) B) and D)
F) A) and C)

Question 3

Some of the first forms of gambling were

Accepted Answer

A)  poker
B)  dog races
C)  dice throwing
D)  rouletteE) None of the above
F) A) and B)

Question 4

The origins of gambling are ________ years old

Accepted Answer

A)  2,500
B)  6,500
C)  5,000
D)  7,000E) A) and B)
F) B) and D)

Question 5

A horse track that also has slot machines

Accepted Answer

A)  horse parlor
B)  racino
C)  off -track betting
D)  slot parlorE) All of the above
F) A) and D)

Question 6

The total amount wagered in gambling is called the

Accepted Answer

A)  wager
B)  win
C)  bet
D)  handleE) All of the above
F) None of the above

Question 7

Las Vegas and what other city are the most popular gaming entertainment resort cities in the United States?

Accepted Answer

A)  Atlantic City
B)  New Orleans
C)  San Diego
D)  RenoE) B) and C)
F) C) and D) A

Question 8

The "house" sets the odds on casino games to ensure a profit over a period of time.This is the

Accepted Answer

A)  yield
B)  house edge
C)  benefit
D)  proceedsE) C) and D)
F) A) and B)

Question 9

Betting against the "house" is___________ gambling

Accepted Answer

A)  commercial
B)  social
C)  mixed
D)  resortE) B) and C)
F) C) and D)

Question 10

________ has become the highest grossing casino market in the world.

Accepted Answer

A)  Las Vegas
B)  Atlantic City
C)  Macau
D)  Mexico CityE) A) and B)
F) A) and C)

Question 11

Atlantic City legalized casino gambling in

Accepted Answer

A)  1947
B)  1976
C)  1970
D)  1961E) A) and B)
F) A) and C)

Question 12

From the early 1940s until 1976 what city had a virtual monopoly on the gaming entertainment business?

Accepted Answer

A)  Reno
B)  Las Vegas
C)  Atlantic City
D)  New OrleansE) A) and D)
F) B) and C)

Question 13

Outline the government's involvement in the gaming system.

Accepted Answer

Students should mention IGRA,the Casino ...

Question 14

IGRA stands for

Accepted Answer

A)  Intermediary Gaming Regulatory Act
B)  Indian Gaming Regulatory Act
C)  International Gaming Regulatory Act
D)  Indian Gambling Regulatory ActE) A) and D)
F) All of the above

Question 15

The fastest growing sector of casino gaming in the world is

Accepted Answer

A)  Europe
B)  Las Vegas
C)  Africa
D)  AsiaE) B) and C)
F) A) and B)

Question 16

How would you define gambling?

Accepted Answer

Gambling is playing a game of risk for the thrill of the action and the chance of making money ^-gamblers learn and understand the game of risk and enjoy trying to beat the house or odds.

Question 17

Placing a bet on an unknown outcome with the hope of securing a gain is

Accepted Answer

A)  risk
B)  gambling
C)  An opportunity
D)  gamingE) None of the above
F) A) and B)

Question 18

Nevada legalized gambling in

Accepted Answer

A)  1950
B)  1931
C)  1910
D)  1941E) A) and B)
F) B) and C)

Question 19

Outline the rationale for the Native American involvement in the gaming industry.

Accepted Answer

Native Americans have often been to Wash...

Question 20

Casinos track patron play (gambling) through the use of

Accepted Answer

A)  spotters
B)  pit bosses
C)  loyalty programs
D)  dealersE) A) and C)
F) None of the above C

Exam 11: Gaming Entertainment

A public gambling house was legalized for the first time in 1626 in

Correct AnswerverifiedShow Answer

Stand -alone casinos are usually small and are often called

Correct AnswerverifiedShow Answer

Some of the first forms of gambling were

Correct AnswerverifiedShow Answer

The origins of gambling are ________ years old

Correct AnswerverifiedShow Answer

A horse track that also has slot machines

Correct AnswerverifiedShow Answer

The total amount wagered in gambling is called the

Correct AnswerverifiedShow Answer

Las Vegas and what other city are the most popular gaming entertainment resort cities in the United States?

Correct AnswerverifiedA

The "house" sets the odds on casino games to ensure a profit over a period of time.This is the

Correct AnswerverifiedShow Answer

Betting against the "house" is___________ gambling

Correct AnswerverifiedShow Answer

________ has become the highest grossing casino market in the world.

Correct AnswerverifiedShow Answer

Atlantic City legalized casino gambling in

Correct AnswerverifiedShow Answer

From the early 1940s until 1976 what city had a virtual monopoly on the gaming entertainment business?

Correct AnswerverifiedShow Answer

Outline the government's involvement in the gaming system.

Correct AnswerverifiedStudents should mention IGRA,the Casino ...View AnswerShow Answer

IGRA stands for

Correct AnswerverifiedShow Answer

The fastest growing sector of casino gaming in the world is

Correct AnswerverifiedShow Answer

How would you define gambling?

Correct AnswerverifiedGambling is playing a game of risk for the thrill of the action and the chance of making money -gamblers learn and understand the game of risk and enjoy trying to beat the house or odds.

Placing a bet on an unknown outcome with the hope of securing a gain is

Correct AnswerverifiedShow Answer

Nevada legalized gambling in

Correct AnswerverifiedShow Answer

Outline the rationale for the Native American involvement in the gaming industry.

Correct AnswerverifiedNative Americans have often been to Wash...View AnswerShow Answer

Casinos track patron play (gambling) through the use of

Correct AnswerverifiedC

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Stand ^-alone casinos are usually small and are often called

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Students should mention IGRA,the Casino ...
View Answer

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Gambling is playing a game of risk for the thrill of the action and the chance of making money ^-gamblers learn and understand the game of risk and enjoy trying to beat the house or odds.

Correct Answer
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Correct Answer
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Correct Answer
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Native Americans have often been to Wash...
View Answer

Correct Answer
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C