Hospitality Administration and Management Commons^™

Session 3-2-B: Paspa: An Unconstitutional Patent, Kevin P. Braig

International Conference on Gambling & Risk Taking

The Professional and Amateur Sports Protection Act (“PASPA”) is a patent monopoly because the statute (A) imitates the Crown’s practice of allocating markets by patent; (B) functions like a patent issued under the United States Patent Code; and (C) imposes monopoly-like costs upon the public. The Constitution’s Patent Clause is a brilliant public financing scheme and unique in that it is the only grant of power to Congress in the Constitution that begins with a specific prescription of proper legislative purpose. Congress cannot grant just any person a patent monopoly for any purpose. Rather, Congress can grant a patent monopoly …

Session 3-2-A: The Conceptual Framework Of Harmful Gambling, Max Abbott

International Conference on Gambling & Risk Taking

Project Overview

Purpose: develop a clear, comprehensive, internationally relevant conceptual framework of harmful gambling that addresses a broad set of factors related to population risk and resilience beyond the symptoms-based view that affects individuals

Previous models inform the work

As the project sponsor, OPGRC is collaborating with an expert panel to facilitate the development of a conceptual framework of harmful gambling that captures the broad set of factors related to harmful gambling

The framework is outlined in a publication, jointly authored by the expert panel members, and presented at the OPGRC website

Session 3-2-F: A Game-Theoretic Analysis Of Baccara Chemin De Fer, Stewart N. Ethier, Carlos Gamez

International Conference on Gambling & Risk Taking

Baccara chemin de fer — review of main contributions

Baccara was first mentioned in print by Van Tenac in 1847.

It was analyzed by Dormoy in 1872 and Bertrand in 1889.

Borel called Bertrand’s study “extremely incomplete,” but it motivated Borel to develop game theory in the 1920s.

Von Neumann planned to study baccara after proving the minimax theorem in 1928, but he didn’t.

The first game-theoretic solution was by Kemeny and Snell in 1957.

In 1964, Foster gave a solution based on a new algorithm, unaware of the Kemeny–Snell solution.

A solution under more realistic assumptions was found by …

Session 3-2-D: Predicting Gambling-Related Problems Among Internet Gamblers, Sarah E. Nelson

International Conference on Gambling & Risk Taking

The Goal

Use actual gambling behavior to identify, with good reliability and validity, distinct groups of gamblers among those who have gambling-related problems

Utilize this/these algorithm(s) to set up an early warning system for players at risk of developing problems

Session 3-2-C: Mentor - The New Online Prevention Tool In Use And Its Preliminary Results, Doris Malischnig

International Conference on Gambling & Risk Taking

• Responsible Gaming (RG) Standards Casinos Austria / Austrian Lotteries
• MENTOR: Behavioral Feedback System
• Outlook

Session 3-1-E: Modeling Change In The Profile Of The Atlantic City Visitor, Brian J. Tyrrell, Israel Posner Ph.D.

International Conference on Gambling & Risk Taking

The Atlantic City casino market has faced increasing competition over the past decade, particularly since the introduction of Pennsylvania gaming in 2006. In response to this increased competition, the State of New Jersey, through legislation, created a public private partnership to both redevelop parts of the city and devote significant marketing dollars into shaping the image of the city. The private side of that partnership, the Atlantic City Alliance (ACA), found in their earliest consumer research that Atlantic City’s image as a gaming destination was well established, but that the city was less known for the retail, entertainment and restaurants …

Session 3-1-D: Safeguarding Internet Gambling, Heather Gray

International Conference on Gambling & Risk Taking

Summary

Before placing limits, Limiters were more active bettors than others

–Played more types of games, higher frequency of betting days, placed more bets per day BUT wagered less per bet

Multi-dimensional view of gambling involvement

–Frequency of betting vs. expenditure

Self-limitation mainly reduced time spent gambling

–Wagered less over time, but driven by fewer bets

Session 3-1-B: Online Gambling And Money Laundering, Ingo Fiedler

International Conference on Gambling & Risk Taking

Introduction

Money laundering is the process by which criminals attempt to conceal or disguise the nature, location, source, ownership or control of their ill-gotten gains, so as to make it possible to invest or consume the proceeds of crime (Masciandaro1999)

Money laundering (Unger, 2007):

• distorts prices, consumption, saving and investment rates;
• increases the volatility of import/export levels, the demand for money, interest and exchange rates, as well as the availability of credit;
• threatens the solvability and liquidity, as well as the reputation and profitability of the financial sector;
• Endangers the continuance of foreign direct investment (FDI)
• Acts as a multiplier …

Session 3-1-C: A Qualitative Examination Of Online Gambling Culture Among College Students: Factors Influencing Participation, Maintenance And Cessation, Rina Gupta, Jeffrey L. Derevensky, Michael Wohl

International Conference on Gambling & Risk Taking

Qualitative research: focus groups

Population: college students

Objective: achieve a better understanding of the factors attracting students to online gambling including the role played by social media sites.

More importantly, the issue of migration between the play-for-fun gambling social media sites and online gambling was of primary interest.

Session 3-1-E: Segmenting Slot Machine Players: A Factor-Cluster Analysis, Stowe Shoemaker, Dina Marie Zemke

International Conference on Gambling & Risk Taking

Overall objectives of the study:

Understand the following aspects of slot players:

– Demographic profile

– Motivations to play

– Behavioral characteristics while playing

– Factors important in choosing a game to play

– Attitudes toward progressives

– Desire for themed games

Session 3-1-B: Casino Employee Crime: Equal Opportunity Threat, Teresa Dalton

International Conference on Gambling & Risk Taking

Patterns of Offending

Gender Crime Theories

HR Implications

Session 3-1-E: Anatomy Of A Jackpot: Characteristics Of Purchasers Of Large Jackpot Lottery Tickets, Todd Maki, Don Feeney

International Conference on Gambling & Risk Taking

Jackpot “Run” & Survey Design

Record breaking Powerball jackpot

Started at $40 million on Oct 6, 2012

Rolled 15 times to reach $550 million Nov 28, 2012

MN Sold $25.2 million worth of tickets

Sales from all lotteries totaled $1.3 billion

Internet Survey

1,000 Minnesota adults

In the field Dec 14 to 18

Took, on average, about 10 minutes to complete

Representative of the general population (age and gender)

Conducted by Ipsos

Session 3-1-C: Gambling Behaviors Among American College Student-Athletes: Results From The 2012 National Collegiate Athletic Association Study, Tom Paskus, Jeffrey L. Derevensky, Caroline Temcheff

International Conference on Gambling & Risk Taking

Why Is the NCAA Concerned about Student-Athlete Gambling?

Student-athlete well-being

Contest integrity

Session 2-4-C: Addressing The Related Epidemics Of Financial/Mathematical Illiteracy And Adolescent Problem Gambling, William S. Mallios, R. R. Mallios

International Conference on Gambling & Risk Taking

Information and statistics addressing the epidemics of financial and mathematical illiteracy and adolescent problem gambling.

Session 2-4-D: New Educational Tools For Gambling Machine Players, Nigel E. Turner

International Conference on Gambling & Risk Taking

Purpose

This paper will discuss the development of a series of education tools designed to teach players about the nature of gambling machines.

Currently being evaluated.

Session 2-4-G: The Minnesota Gambling Survey At 20, Don Feeney, Todd Maki, Brian L. Malecha

International Conference on Gambling & Risk Taking

The Minnesota Gambling Survey

Begun in 1993

Telephone survey taken by St. Cloud State University

Sample size 2,000 to 2,400

Cell phone component added in 2010

Session 2-4-G: Gambling Segmentation Studies A General Approach To Segmentation For Various Gambling Agencies, Paul Lauzon, Don Feeney

International Conference on Gambling & Risk Taking

What is Segmentation?

A segmentation groups a market or population into meaningful subgroups

Segment members share characteristics and market influences that cause them to have similar product and/or service needs

Each segment is unique from the other segments

Session 2-4-E: Financial Evaluation Commonalities And Distinctions Expressed By 10-Ks With Two Libertarian Hospitality Segments: Casino Gaming And Gentlemen’S Clubs, David J. Paster

International Conference on Gambling & Risk Taking

Premise

Libertarian hospitality ventures are significantly and fundamentally different than current common hospitality fields such as lodging and restaurants due to their distinct business model composition.

Session 2-4-F: The Trials And Tribulations Of Canadian Sports Gambling, Garry Smith

International Conference on Gambling & Risk Taking

Preview

Historical context

Illegal sports gambling

Sports lotteries

The push for legal single event sports betting

Pros and Cons

Session 2-4-B: Intellectual Capital And The Gaming Industry, Mikael B. Ahlgren

International Conference on Gambling & Risk Taking

Description of what intellectual capital is.