Sunday, February 26, 2017

Georgia: United States Last Big Untapped Gambling Market

The state of Georgia is now being considered as a very profitable opportunity for the world's largest casino corporations.



                               

This interesting article comments that casino corporations have been looking for new markets in the country and Georgia is being considered as a very profitable opportunity. However, the state’s constitution bans gambling and Evangelical Christian groups such as the Georgia Faith or the Freedom Coalition still resist to such proposals. Seven of the world’s largest casino corporations have hired more than 50 lobbyists to press their case and allow casinos in the state. Actually, Georgia is the eighth-most populous state in the U.S. and such large numbers of people could turn these tentative proposals into very successful and lucrative casinos. Additionally, the story points out that the idea is gaining momentum as recent polls demonstrate that around 57% of voters registered in the state would support full-service gambling.

Relevance to Marketing:
The marketing concept indicates that all individuals should work together to accomplish a business goal and the article is a very good example of this idea as the world’s largest casino corporations have been pushing hard against state legislators to allow full-service gambling in a state where such activities are banned. It is also important to say that customer satisfaction guides a whole organization and Georgia’s recent polls demonstrate that the majority of its inhabitants would be in favor of legalizing casino establishments. When talking about the target market, casino corporations will focus on gambling supporters living the state of Georgia if the activity is legalized. Furthermore, fewer casino corporations still exist as gambling has been prohibited in many different states around the U.S. creating less but really strong competitors fighting for the same markets.

Application to Other Businesses:
There are many different business activities outlawed or restricted in states around the country, including gun selling. However, this article is a very good precedent for other types of businesses going through the same situation as it shows how influential corporations can persuade lawmakers and voters into legalizing such practices.

Name: Javier León

Class: MKTG 3343

Article: Casino Companies Seek Foothold in Georgia, the U.S.’s Last Big Untapped Gambling Market


Link to WSJ Website: https://www.wsj.com/articles/casino-companies-seek-foothold-in-georgia-the-u-s-s-last-big-untapped-gambling-market-1487845809


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