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Posted on: Thursday, February 04, 2010 4:02 AM
Author: Scribd Feed
Subject: Case Study - Circus Circus Enterprises Inc - A Gaming Company
| Case 11 CIRCUS CIRCUS ENTERPRISES, INC. I. CASE ABSTRACT Circus Circus Enterprises, Inc., is a gaming company which operates nine properties in Las Vegas, Reno, and Laughlin, Nevada. Circus has experienced tremendous growth in recent years through originality in the entertainment industry. Purchased for $50,000 in 1974 as a small and unprofitable casino operation, Circus earned more than $100 million net profits on $1.33 billion revenue in fiscal year 1997. This is an impressive number, but it has trended down for the last three years from a high net income of $136 million on $1.17 billion rev |
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