Please elaborate as much as possible. I will leave a like and comment.

1. Describe the pros and cons of implementing each of the below strategies in terms of how they relate to creating a new casino. Giveone example from the hospitality industrywithreferencesfor each of the strategies.

• Concentration Strategy -
• Vertical Integration Strategy -
• Diversification Strategy -
• Mergers and Acquisitions -

2. Of the four strategies above which one would be the most useful for a new casino and why.