2016 Casino Gaming Executive Satisfaction Survey

2016 CASINO GAMING EXECUTIVE SATISFACTION SURVEY

Conducted by Bristol Associates & Spectrum Gaming

About the Survey2016 CASINO GAMING EXECUTIVE SATISFACTION SURVEY

www.bristolassoc.com

For 16 consecutive years, Bristol Associates and Spectrum Gaming Group have surveyed casino gaming executives from around the country about their career goals, job satisfaction, and outlook about the industry. The data we’ve gathered provides insight into the factors that are most important to executives when pursuing a new position and their perception of the casino gaming industry as a whole.

This year we received over 1,300 responses—the highest number of participants in our survey since inception.

Where Do Casino Executives Want to Work?For the first time in 16 years of the

executive satisfaction survey, two casino operators effectively tied for first place, with Seminole Tribe of Florida edging out Penn National Gaming by just 3 votes.

Seminole Tribe of Florida and Penn National Gaming each garnered 26% of respondent’s vote for employer of first choice.


Ameristar CasinosStation Casinos

Delaware NorthCordish Companies (Live!)

Las Vegas Sands (Venetian)Pechanga Resort & Casino

Caesars EntertainmentMohegan Sun

Pinnacle EntertainmentBoyd GamingWynn Resorts

Landry's (Golden Nugget)MGM Resorts International

Penn National GamingSeminole Tribe of Florida

0% 5% 10% 15% 20% 25% 30%

2016 2015

Percentage of Respondents

TOP 15 EMPLOYERS OF FIRST CHOICE


Are Executives Optimistic About Their Career?

2006 2008 2010 2012 2014 20161

2

3

4

5

4.22

Disagree

Neutral

Agree

I AM OPTIMISTIC ABOUT THE FUTURE OF MY CAREERCareer optimism remains steady. When asked the degree to which they agreed or disagreed with the statement, “I am optimistic about the future of my career,” on average respondents fell in the range of “Somewhat Agree” to “ Agree.”

This upwards trend has continued since career optimism reached its historical low in 2010.



What Regions Are Executives Excited About?

Atlantic City

Racinos

The Midwest

The Northeast (Excluding Atlantic City)

California

The South

Native American Casinos

Las Vegas

1 2 3 4 5

20162015

THE REGION OFFERS OPPORTUNITIES FOR CAREER ADVANCEMENT

Disagree AgreeNeutral


With the exception of Atlantic City, every region has seen a decline in optimism year-over-year. When asked to what degree they agreed or disagreed with the statement, “[The Region] offers opportunities for career advancement,” on average, respondents perceived Las Vegas as having the most opportunities with an average score of 3.48—representing a response between “Neutral” and “Somewhat Agree.”


How Does Tenure Affect Job Satisfaction?Executives have a better opinion of their company earlier in their career. When asked how much they agreed that their company is working hard to keep staff, management, and them satisfied, respondents with 5 years or fewer of experience agreed with the statements more than any other group.

Across all groups, respondents agreed most that their company strives to keep its staff satisfied. This drops when asked the same question for management and for respondents personally.

JOB SATISFACTION BY YEARS OF EXPERIENCE

5 years or less

6-10 years

11-20 years

20+ years

1 2 3 4 5

My company works hard to keep me satisfiedMy company works hard to keep management employees satisfiedMy company works hard to keep staff employees satisfied

Disagree Neutral Agree



What Factors Are Important in New Opportunities?

AVERAGE RANK OF FACTORS INFLUENCING JOB CHANGE

Weather/Lifestyle

Career Opportunity

Compensation

Corporate Culture

Relocation closer to family

1 2 3 4 5

Low Priority High

We asked respondents to rank 5 common factors influencing a move to a new position in order of priority, where 5 reflects the highest priority.

Respondents ranked “Compensation” as the most important factor, at an average score of 3.7, and “Career Opportunity” following at a close second at 3.5.

The least important factor was “Weather and Lifestyle” with an average score of 2.6.



Ben Farber President, Bristol Associates

“The amount of job opportunities within the casino industry has increased as of late, however, the market is still extremely competitive. As a result, many of the executives we have placed this year have sacrificed weather and lifestyle in order to rise in the ranks and obtain a higher salary.”



Survey Methodology


The 2016 Casino Gaming Executive Satisfaction Survey by Bristol Associates and Spectrum Gaming was conducted online and had a total of 1,326 respondents. The participants represent a sampling of casino and gaming executives from across North America and are diverse in terms of geography, executive responsibilities, years of experience and other meaningful criteria. The survey was designed to ensure that the respondents have worked in the casino and gaming industry and that no one was surveyed more than once.

Want to see more? Download the full results of the 2016 Casino Gaming Executive Satisfaction Survey and visit the Bristol Associates blog to get the latest insights from our executive recruiters.


http://www.bristolassoc.com/CasinoGaming_Exec_Survey_2016.pdf

http://www.bristolassoc.com/blog/2016-casino-gaming-executive-satisfaction-survey

About Bristol Associates


Bristol Associates offers highly focused, personalized executive search in the casino gaming industry. Leveraging our extensive industry knowledge and comprehensive database of candidates we’ve successfully completed hundreds of assignments, pairing top executives with the leading casino gaming organizations in the country.


Learn more about how we can help you find the right talent for your company.

Website: www.bristolassoc.comPhone: 310-670-0525

http://www.bristolassoc.com/

Recruiting & HR

2016 Casino Gaming Executive Satisfaction Survey