Business Commons^™

The Curious Case Of Betting Taxation In The Uk: Lessons And Implications, Leighton Vaughan Williams

International Conference on Gambling & Risk Taking

In 1926 the Chancellor of the Exchequer, Winston Churchill, introduced a tax on betting into the UK, claiming he was looking not for trouble, but for revenue. He got a lot of the former but very little of the latter, and the tax was repealed in 1930. Cash betting in licensed betting offices was legalised in 1960, and the taxation of betting was re-introduced in 1966, based on turnover. In 2001, this turnover system of taxation was abolished and replaced with a tax on ‘gross profits’. The effective incidence of the tax was significantly lower than the tax it replaced, …

An Empirical Analysis Of Hold Percentages, Wagering Activity, And Slot-Win, Scott Boylan

International Conference on Gambling & Risk Taking

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Kelly Fraction Estimation For Multiple Correlated Bets, William Chin

International Conference on Gambling & Risk Taking

It is well-known that expected portfolio growth is maximized by maximizing

expected logarithmic utility. This investment criterion is known as Kelly betting.

It has many optimality properties but is considered to be risky. Blackjack

teams and other advantage gamblers practice a fraction of the Kelly optimal to

decrease risk. Some hedge fund managers are thought to practice according to

Kelly principles. We use a continuous multivariate Geometric Brownian motion

model and present an interval estimate for the historical fraction for a portfolio

of correlated bets, possibly including a risk-free asset. Historical data comes

from a range of sources and the …

Optimal Taxation For Integrated Resorts-Japan, Macau And Las Vegas, Jacky So, Shinya Kawahara

International Conference on Gambling & Risk Taking

After debating the costs and benefits of legalize gambling in the integrated resorts for several years, the Japanese House of Representatives passed the Integrated Resorts (IR) Implementation Bill on June 19, 2018 and the parliament finally passed the Bill in late July 2018. It is predicted that the first casino licenses to be issued in 2020 and actual operation of casino after five years.

The objectives of this paper are to develop an optimal taxation model that can help the Japanese government, and other countries that are interested in offering integrated resorts to attract tourist, to set up a tax …

A New Pedagogy For Enhancing Innovation In The Hospitality Classroom, Robert Rippee

International Conference on Gambling & Risk Taking

A new pedagogy on the instruction of innovation in higher education was developed using a grounded-theory approach. Multi-disciplinary students were guided through a systematic process in interdisciplinary learning, problem-based learning and experiential learning along a journey to create innovative solutions to address friction points in the hospitality industry. The proposed pedagogy integrates the innovation process and the business model canvas methodology as the standard business model in today’s startups.

Sports Betting And Indian Gaming: Overcoming Barriers To Market Entry And Integration Of Sports Books Into Tribal Casinos, Steve Light

International Conference on Gambling & Risk Taking

Abstract

Even before the U.S. Supreme Court issued its decision In Murphy v. NCAA (2018) permitting states to legalize sports wagering, the biggest brand-names in gaming worldwide were positioning themselves to capitalize on the fan base for America’s most recognizable sports leagues.

Sports wagering already is up and running in five states; analysts predict that more than half the states will legalize it within five years. Many will be among the 29 states that currently have casinos owned and operated by American Indian tribes in this $32.4 billion market segment.

There is no firm sense and little data pointing to …

Do Casinos Promote The Image Of A Tourism Destination? The Case Of Ponta Delgada, Azores, Jose Deus

International Conference on Gambling & Risk Taking

Do casinos promote the image of a tourism destination? The case of Ponta Delgada, Azores

José Pereira de Deus

Gaming inspector, SRIJ, Portugal

[email protected] ; [email protected]

Abstract

This study evaluates the role of a casino in the promotion of the image and development of a tourist destination. The basis of analysis is the city of Ponta Delgada, the capital of the Azores islands, Portugal. The purpose is to determine what impact the casino may have as a tourist attraction in the destination area.

The methodology includes surveys of domestic and foreign tourists about the perception of the image of Ponta …

Current Problem Gambling Countermeasures And Responsible Gaming Dissemination Issues In Japan, Naoyuki Nishimura Phd Md

International Conference on Gambling & Risk Taking

Activities such as pachinko, pachi-slot and public sports race betting make up Japan’s unique gambling culture. When the “the Gambling Addiction Countermeasures Act” and “the Integrated Resort (IR) Development Act” were passed by the Japanese Diet in July 2018, gambling in Japan has begun the move to a new stage. In preparation of IR developments, there will be measures enacted at the national government level on problem gambling from existing activities, and discussions have started on how to prevent the negative influence created from casinos in the IRs. The problem gaming countermeasures which just started in Japan face many issues …

Betting On Casinos As A Community Benefit: Analyzing Local News Coverage Of The Development Of Casino Gaming In Ohio, Jessalynn Strauss

International Conference on Gambling & Risk Taking

This research examines news coverage of casino gaming in Ohio in the period 2008-2018. Ohio legalized gambling by popular vote in November 2009 and the state now has four casinos and 7 racinos with VLT gaming. This study will use a framing analysis to look at the way that news coverage portrays casinos with respect to social responsibility and their impact on the local community.

With the spread of gambling outside of traditional strongholds such as Las Vegas and Atlantic City, many have debated casinos’ benefit to communities, and some have criticized casinos’ impact on localities. This study will assess …

Closing Keynote, Theresa Coleman-Kaiser

Annual Copper Country Lean Conference

No abstract provided.

Track A: Building Your House Of Lean: Standard Work And Effective Communication - Active Learning Session, Laurie Stark, Annelise Doll

Annual Copper Country Lean Conference

This session will introduce the concept of standard work through a hands-on activity. Attendees will learn the importance of clear communication and language choices in growing a sustainable Lean environment. Presenters will share their experiences regarding how the Van Pelt and Opie Library has grown Lean through the use of standard work and effective communication.

Track B: Growing Continuous Improvement: An Example Of Pdca On Student Employee Visual Management Boards - Case Study, Dominique Aleo

Annual Copper Country Lean Conference

Visual Management and the Plan, Do, Check, Act (PDCA) Cycle are well known Lean methods. The Student Process Improvement Coordinators in the Office of Continuous Improvement at Michigan Technological University use white boards to track progress on recurring performance duties.These boards cover multiple areas of work and showcase how many students with different schedules keep track of their workload within the office. This case study examines how the Visual Management boards have changed through multiple cycles of PDCA, in pursuit of perfect visual communication between the students who work in the office, and also perfect performance. Specifically, this presentation will …

1st Annual Conference Program, Michigan Technological University

Annual Copper Country Lean Conference

Full conference program, including presenter bios and presentation descriptions.

Biblical Foundations In Business Pedagogy Modeling Christ-Centered Professorship: Perspectives Of Rwanda Mba Students, Theodore Brown

Adventist Human-Subject Researchers Association

No abstract provided.

How I Organized A Music Festival At Cwu: Networking, Budgets, Artistry, Peregrine Spane

Symposium Of University Research and Creative Expression (SOURCE)

Through setting up a music festival at Central Washington University I observed a need for independent music in Ellensburg, closer gender parity in regard to event line-ups, and how in-depth research in policy, budgets, networking, and inclusion would make this possible. In this presentation I will be describing my vision, explaining logistics, and reflecting on lessons learned and where to go in the future.

Esg Rating And Ownership Structure In U.S. Firms, Keondo Park

CURCE Annual Undergraduate Conference

Given the rising interest in the relationship between Environmental, Social and Governance rating (ESG) and its components, this paper investigates the relationship between insider/institutional ownership structure, ESG ratings and financial performance of the firm, using 398 companies in U.S. 2017 obtained from Bloomberg. This paper entails cross-sectional analysis of ESG rating and its components in 10 sectors (Communication, Consumer Discretionary, Consumer Staples, Energy, Financial, Health Care, Industrials, Materials, Technology, and Utilities) and Return on Asset as a matrix for financial performance. The results suggest that ESG rating and performance of the firm is positively and significantly associated, except environmental score. …

The Role Of Liquidity In Technology Sector M&As, Cameron Gaechter

CURCE Annual Undergraduate Conference

The purpose of this study is to examine abnormal wealth effects observed by acquirer and target shareholders in technology-sector M&A deals, as well as the effect that liquidity positioning has on merger premiums or discounts. Abnormal wealth effects experienced by the acquirer and target both pre- and post-merger announcement were tested in a two-sided event study consisting of a large sample of companies representing the two sides of the transaction. The event study demonstrates that different characteristics of M&A deals, i.e. payment consideration and domesticity, have asymmetric effects on abnormal wealth effects for shareholders of both parties, with the most …

Innovation: The Determinant Of Success In Software., Oksana Pawlush

CURCE Annual Undergraduate Conference

This study examines the determinants of performance in the U.S. software sector. The emergence of the software industry has been a world changing phenomenon and created a highly competitive market and a profitable investment field. Using panel regression analysis on a sample of 730 U.S. based software firms spanning the period from 1995 to 2017, this study finds that intangible assets and staff expenses have a statistically significant positive impact on the performance of software companies, as measured by their return on assets and return on equity, respectively.

Corporate Deleveraging And Financial Flexibility, Dan Dreher

CURCE Annual Undergraduate Conference

Most firms tend to deleverage from the historical peak market-leverage (ML) ratios to near-zero ML while also insisting on growing and maintaining high cash balances. Among 424 publicly traded non United States companies that are based in developed countries that are not financial nor industrial firms with five or more years post peak ML data, the median ML at the peak is

0.369 and 0.021 at the subsequent trough. The median cash / total assets ratio rises from 0.046 to

0.080, respectively during the same period. These findings support theories in which firms deleverage from peak ML to restore ample …

Higher Education And Nation Building In Southeastern Africa, International Student Organization

Bryant REDay (Research and Engagement Day)

No abstract provided.

The Impact Of Political Ideology And Mass Shootings On Firearm Acquisition In The United States, Seraiah L. Scamardo

Undergraduate Research Conference

This research explores the determinants of firearm acquisition in the United States in two parallel areas: (1) the impact of political ideology, and economic well-being and (2) the impact of mass shootings.

A Valuation Of Trecora Resources, John Bledsoe, Braxton Berthot, Ashley Spitzmiller, Joshua Hunter Mcclellan

Undergraduate Research Conference

No abstract provided.

Performance Of Hispanic-Owned Businesses In Nacogdoches, Texas, Francia Y. Olivares Briseno

Undergraduate Research Conference

Hypothesis

"The Hispanic business owners have an increasing potential to become big businesses in the East Texas town because of the growth of the Hispanic population in town"

A Macroeconomic Approach For Modeling Road Traffic Fatality Rates, Josephine Unger

Undergraduate Research Conference

Introduction

After spending a month in Senegal, I noticed the lack of sound infrastructure and safe, reliable transportation systems. Using World Bank data I developed a macroeconomic predictive model for national road traffic mortality rates.

Sfa Student Involvement In Religion And Spirituality, Jannah Wright

Undergraduate Research Conference

Understanding how others interact with religion and spirituality in both broad and narrow terms can aid in successfully reaching a captive audience. Here, information regarding relationships with religion and spirituality will be reported to understand trends in spiritual involvement among SFA students. The latter of these two is a potentially useful resource for campus spiritual organizations looking to understand and expand their current audience and increase service attendance.

Representation Of Minorities Displayed On College Webpages, Jose Cruz Perez

Undergraduate Research Conference

Advertisements play an important role in nearly everyone's life. Every single day people view a wide range of advertisements. With the population of America becoming more and more diverse in terms of race it would make sense that advertisements would reflect that same concept. However, it does not appear that advertisements actually reflect this idea. In the 2010 ads for the Super Bowl, only four out of the sixty-seven featured an African American in an ad. (Lapchick, 2010) Not only are minorities not being adequately represented in advertisements but they also only get featured for certain ads. African Americans find …

Plenary Speaker Biographies, Peter Keating, Hart Zwingelberg

Carolinas Sports Analytics Meeting

Biographies of the 2019 Plenary Speakers for the Carolina Sports Analytics Meeting

Carolinas Sports Analytics Meeting. 2019 Schedule, Ben Grannan

Carolinas Sports Analytics Meeting

No abstract provided.

Attorney-Client Sexual Relationships In The #Metoo Era, Casey Baker

Faculty Research Day

Attorneys play a critical role in remedying the problem of sexual assault in American industry, but the legal profession does not consistently police itself regarding such issues.

In 2002, the American Bar Association established a model ethical rule prohibiting attorneys from entering into sexual relationships with a client unless the sexual relationship existed at the time the attorney-client relationship began. As of 2019, twenty states plus the District of Columbia have failed to adopt the model rule or substantially similar prohibitions. Furthermore, only eight states by rule address sexual relationships between attorneys and constituents of organizational clients. State ethics rules …

An Examination And Survey Of The Current State Of Charter Schools In The United States, Raymond Keener Iii

Faculty Research Day

Charter Schools were introduced in the United States nearly thirty (30) years ago as an alternative to the traditional model of public schools. The current analysis examines the underlying structure and nature of charter schools, their perceived advantages and disadvantages, and whether the system is working effectively.