Casino Business in the Context of Tourism Development (Case: Montenegro)

Special Interest tourism (SIT) represents an answer to mass tourism and its goal is to ensure tourist destination sustainability. The casino industry is growing intensively in the territory of Montenegro and a question arises whether casino tourism development is an opportunity or a danger for Monte...

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Main Authors: Iva Bulatović, Ana Stranjančević, Darko Lacmanović, Andrej Raspor
Format: Article
Language:English
Published: MDPI AG 2017-11-01
Series:Social Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-0760/6/4/146
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author Iva Bulatović
Ana Stranjančević
Darko Lacmanović
Andrej Raspor
author_facet Iva Bulatović
Ana Stranjančević
Darko Lacmanović
Andrej Raspor
author_sort Iva Bulatović
collection DOAJ
description Special Interest tourism (SIT) represents an answer to mass tourism and its goal is to ensure tourist destination sustainability. The casino industry is growing intensively in the territory of Montenegro and a question arises whether casino tourism development is an opportunity or a danger for Montenegro and its sustainability. The goals of this paper are to show and assess the current offerings and potential for development of casino tourism in Montenegro, to point out advantages and challenges in development of casino tourism in this type of destination. Econometric models were used for the needs of this paper (time series correlations and regression for defining relation between casino business and tourism, ARIMA model for prognosis of casino business in the context of tourism until 2020). For the first time in the territory of Montenegro, 14 anonymous interviews were carried out with casino players to determine the quality of current offerings for development of casino tourism in Montenegro. The main finding suggests that casino tourism in Montenegro is not sufficiently developed, but that we can boast of a high-quality casino offering such as Slovenia. Limitations lie in the lack of data over a long period and the non-existence of the records on number of casino tourists in Montenegro. The emphasis is put on the economic effects of developing casino tourism, rather than the social ones.
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spelling doaj.art-84c460c7eb634a3d9fbadada98e1fb462022-12-22T01:02:40ZengMDPI AGSocial Sciences2076-07602017-11-016414610.3390/socsci6040146socsci6040146Casino Business in the Context of Tourism Development (Case: Montenegro)Iva Bulatović0Ana Stranjančević1Darko Lacmanović2Andrej Raspor3Faculty of tourism Montenegro Tourism School, Mediterranean University, Podgorica 81000, MontenegroFaculty of tourism Montenegro Tourism School, Mediterranean University, Podgorica 81000, MontenegroFaculty of tourism Montenegro Tourism School, Mediterranean University, Podgorica 81000, MontenegroSchool of Advanced Social Studies, Gregorčičeva 19, 5000 Nova Gorica, SloveniaSpecial Interest tourism (SIT) represents an answer to mass tourism and its goal is to ensure tourist destination sustainability. The casino industry is growing intensively in the territory of Montenegro and a question arises whether casino tourism development is an opportunity or a danger for Montenegro and its sustainability. The goals of this paper are to show and assess the current offerings and potential for development of casino tourism in Montenegro, to point out advantages and challenges in development of casino tourism in this type of destination. Econometric models were used for the needs of this paper (time series correlations and regression for defining relation between casino business and tourism, ARIMA model for prognosis of casino business in the context of tourism until 2020). For the first time in the territory of Montenegro, 14 anonymous interviews were carried out with casino players to determine the quality of current offerings for development of casino tourism in Montenegro. The main finding suggests that casino tourism in Montenegro is not sufficiently developed, but that we can boast of a high-quality casino offering such as Slovenia. Limitations lie in the lack of data over a long period and the non-existence of the records on number of casino tourists in Montenegro. The emphasis is put on the economic effects of developing casino tourism, rather than the social ones.https://www.mdpi.com/2076-0760/6/4/146casinotourismforecasteconometricsMontenegro
spellingShingle Iva Bulatović
Ana Stranjančević
Darko Lacmanović
Andrej Raspor
Casino Business in the Context of Tourism Development (Case: Montenegro)
Social Sciences
casino
tourism
forecast
econometrics
Montenegro
title Casino Business in the Context of Tourism Development (Case: Montenegro)
title_full Casino Business in the Context of Tourism Development (Case: Montenegro)
title_fullStr Casino Business in the Context of Tourism Development (Case: Montenegro)
title_full_unstemmed Casino Business in the Context of Tourism Development (Case: Montenegro)
title_short Casino Business in the Context of Tourism Development (Case: Montenegro)
title_sort casino business in the context of tourism development case montenegro
topic casino
tourism
forecast
econometrics
Montenegro
url https://www.mdpi.com/2076-0760/6/4/146
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AT anastranjancevic casinobusinessinthecontextoftourismdevelopmentcasemontenegro
AT darkolacmanovic casinobusinessinthecontextoftourismdevelopmentcasemontenegro
AT andrejraspor casinobusinessinthecontextoftourismdevelopmentcasemontenegro