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2012

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Institution
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Articles 31 - 60 of 3843

Full-Text Articles in Business

Allocation Of Gaming Licenses And Establishment Of Bid Processes: The Case Of Kansas, 2008 And 2009, Stephen Martino, William R. Eadington Dec 2012

Allocation Of Gaming Licenses And Establishment Of Bid Processes: The Case Of Kansas, 2008 And 2009, Stephen Martino, William R. Eadington

UNLV Gaming Research & Review Journal

This paper looks at the recent history of allocation of exclusive franchise or limited franchise casino licenses in jurisdictions throughout the world and comments on their strengths and weaknesses as well as successes and failures of various strategies that have been undertaken. The paper then examines the Kansas legalization and bidding process that emerged between 2007 and 2009 as a case study in evaluating the effectiveness of various principles that had emerged via the legislation and subsequent procedural decisions. The authors offer the opinion that many of the principles and processes developed in Kansas were based on those that had …

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Trip Characteristics Of Casino And Racino Visitors In A Midwestern State, Sheila A. Scott-Halsell, Radesh Palakurthi, Greg Dunn, Wanlanai Saiprasert Dec 2012

Trip Characteristics Of Casino And Racino Visitors In A Midwestern State, Sheila A. Scott-Halsell, Radesh Palakurthi, Greg Dunn, Wanlanai Saiprasert

UNLV Gaming Research & Review Journal

Gaming is a revenue driver for many areas and can be an economic boost for businesses and tourism entities around gaming venues. This study seeks to provide a comprehensive overview of the characteristics profile and expenditures of casino and racino visitors in a Midwestern state as a valuable resource that could be used by those in tourism planning to better determine who is coming into their state for gaming purposes and how they might better attract and accommodate them. Suggestions will be made based on the findings to aid in determining effective marketing methods to attract visitors, as well as …

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Perception Of Macao Teachers And Students Regarding Gaming Operators' Social Responsibility, Fanny Vong Dec 2012

Perception Of Macao Teachers And Students Regarding Gaming Operators' Social Responsibility, Fanny Vong

UNLV Gaming Research & Review Journal

The study brings to the forefront a discussion of corporate social responsibility of gaming operators. It assessed Macao high school students' and teachers' perceptions of the extent of social responsibility being exercised by the six local gaming operators, as well as their support for the operators, and desire for further gaming investment and work opportunities in the gaming sector. The majority of the respondents were not aware of gaming operators exercising socially responsible activities. Among those who were, the majority perceived that only one company was involved and none has participated in protecting the environment, beautifying the city, creating a …

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Book Reviews, Betty Mcneal Dec 2012

Book Reviews, Betty Mcneal

UNLV Gaming Research & Review Journal

No abstract provided.

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Book Reviews, Bo J. Bernhard Dec 2012

Book Reviews, Bo J. Bernhard

UNLV Gaming Research & Review Journal

No abstract provided.

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Review Of The 14th International Conference On Gambling & Risk Taking, Sally Monaghan, Brett L.L. Abarbanel, Toni Repetti, Ashlee M. Kalina, Bo Bernhard Dec 2012

Review Of The 14th International Conference On Gambling & Risk Taking, Sally Monaghan, Brett L.L. Abarbanel, Toni Repetti, Ashlee M. Kalina, Bo Bernhard

UNLV Gaming Research & Review Journal

No abstract provided.

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Bibliographic Software: An Overview Of Selection Criteria For Gaming Researchers, Lateka Grays Dec 2012

Bibliographic Software: An Overview Of Selection Criteria For Gaming Researchers, Lateka Grays

UNLV Gaming Research & Review Journal

No abstract provided.

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Estimating The Effect Of The 2003 Gaming Tax Restructuring On Riverboat Gaming Volume, Mikael Ahlgren, Michael C. Dalbor, Ashok Singh Dec 2012

Estimating The Effect Of The 2003 Gaming Tax Restructuring On Riverboat Gaming Volume, Mikael Ahlgren, Michael C. Dalbor, Ashok Singh

UNLV Gaming Research & Review Journal

This paper analyzes the effect of the 2003 Illinois gaming tax increase on gaming demand. To model gaming demand, slot machine coin-in is chosen for the period January 2000 to December 2006. Multiple regression analysis is used to model both the tax increase and account for seasonality in the data. A Box Jenkins model was employed to address correlation of error terms. The findings reveal that Illinois experienced a decrease in gaming demand when the tax increases took effect. The findings indicate that legislators should acknowledge and evaluate the negative economic pressures tax increases have on the gaming industry.

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Examining Resident Perceptions Of Negative Gambling Impacts With Factual Evidence, Deepak Chhabra Dec 2012

Examining Resident Perceptions Of Negative Gambling Impacts With Factual Evidence, Deepak Chhabra

UNLV Gaming Research & Review Journal

This study attempts to establish a dialogue between perceived negative impacts associated with borrowing money to gamble and the resulting bankruptcies in three ways: matching local resident opinions with evidence they are asked to provide; determining causal effects of evidence on perceptions; and confirming the bankruptcy issues by using historical data. The results of the study are mixed. On one hand, they indicate a close tie between borrowing perceptions and real facts. However, on the other hand, they also report that bankruptcy related perceptions are not based on evidence and suggest that several factors are at play besides the casino …

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The Emotional Impact Of Casino Servicescape, Hei-Lim (Michael) Lio, Raymond Rody Dec 2012

The Emotional Impact Of Casino Servicescape, Hei-Lim (Michael) Lio, Raymond Rody

UNLV Gaming Research & Review Journal

This study investigates the emotional impact of casino servicescape among Chinese table games gambling participants, and its impact on their approach/avoidance behavior. Data on casino servicescape, pleasure, arousal and dominance emotion (PAD) and approach/avoidance responses were obtained from 158 Chinese gamblers in Macau and analyzed using path analysis. The results of this study suggest that aesthetic factors within servicescape significantly influence the customers' perception of the overall servicescape quality. While gambling facilitating factors within servicescape have significant impact on PAD emotions, they are not significant components of the perceived overall servicescape quality. Both overall servicescape quality and PAD emotions have …

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Gambling Windfall Decisions: Lottery Winners And Employment Behavior, Bengt Furaker, Anna Hedenus Dec 2012

Gambling Windfall Decisions: Lottery Winners And Employment Behavior, Bengt Furaker, Anna Hedenus

UNLV Gaming Research & Review Journal

Based on a 2005 survey among Swedish lottery winners, the article throws new light on what those receiving a sudden windfall do with their existing jobs. Many may continue to work as before the winning, but others may alter their work situation in one way or another. We focus on three possible changes: (i) quitting the job; (ii) going on unpaid full-time leave; and (iii) shortening one's working hours. In our study less than 12% quit working, approximately 24% took unpaid full-time leave, 16% reduced their working hours, but 62% did not make any of these changes. In other words, …

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Book Reviews, Betty Mcneal Dec 2012

Book Reviews, Betty Mcneal

UNLV Gaming Research & Review Journal

No abstract provided.

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The Battered Gaming Industry: A Case Study For Our Times?, Bo J. Bernhard Dec 2012

The Battered Gaming Industry: A Case Study For Our Times?, Bo J. Bernhard

UNLV Gaming Research & Review Journal

No abstract provided.

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Exploring Casino Impact Perceptions Of A Unique Population, Deepak Chhabra Dec 2012

Exploring Casino Impact Perceptions Of A Unique Population, Deepak Chhabra

UNLV Gaming Research & Review Journal

This study is an investigation of the impact perceptions of Social Service Providers, Law Enforcement Officers, and Economic Development Officers to acquire a wide spectrum of community views. In doing so, this study advances the literature by examining this unique population's perceptions of casino gambling impacts and factors driving those perceptions, and their support for casinos in general using the social exchange theory framework. The results suggest that officers who have worked with gamblers tend to agree more with the economic benefits. A partial support for social exchange theory is also noted. The results have important implications for the casino …

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High Rollers From Mainland China: A Profile Based On 99 Cases, Zhonglu Zeng, David Forrest Dec 2012

High Rollers From Mainland China: A Profile Based On 99 Cases, Zhonglu Zeng, David Forrest

UNLV Gaming Research & Review Journal

Macao's casinos win a high proportion of their revenue from high rollers from Mainland China but some of these generate social problems back home. We analyze 99 cases of high rollers whose activities came to media attention, building a profile of them based on information in the reports. They were mainly from areas near Macao or from particularly rich regions of China. Most were male, aged 30- 49. They tended to be government officials, managers of state-owned businesses or owners of private enterprises. They lost as much as US$12.08 million on a single trip. Their average accumulated loss amounted to …

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An Analysis Of Gambling Expenditure Across Countries, Chan Boon Patrick Lee Dec 2012

An Analysis Of Gambling Expenditure Across Countries, Chan Boon Patrick Lee

UNLV Gaming Research & Review Journal

This study hypothesized that gambling expenditure across countries was positively related to income and negatively related to uncertainty avoidance. Statistical analyses using secondary data were conducted to test the hypotheses. The results of a multivariate linear regression using income and uncertainty avoidance as the independent variables and gambling expenditure as the dependent variable showed that the two independent variables were significantly related to gambling expenditure. The two independent variables explained 56 percent of the variance in the dependent variable. An exponential model with only income as the independent variable, however, accounted for 72 percent of the variance in gambling expenditure. …

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Toward Legalization Of Poker: The Skill Vs. Chance Debate, Robert C. Hannum, Anthony N. Cabot Dec 2012

Toward Legalization Of Poker: The Skill Vs. Chance Debate, Robert C. Hannum, Anthony N. Cabot

UNLV Gaming Research & Review Journal

This paper sheds light on the age-old argument as to whether poker is a game in which skill predominates over chance or vice versa. Recent work addressing the issue of skill vs. chance is reviewed. This current study considers two different scenarios to address the issue: 1) a mathematical analysis supported by computer simulations of one random player and one skilled player in Texas Hold'Em, and 2) full-table simulation games of Texas Hold'Em and Seven Card Stud. Findings for scenario 1 showed the skilled player winning 97 percent of the hands. Findings for scenario 2 further reinforced that highly skilled …

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Responsible Gaming Device Research Report, Bo J. Bernhard, Anthony F. Lucas, Dongsuk Jang, Jungsun Kim Dec 2012

Responsible Gaming Device Research Report, Bo J. Bernhard, Anthony F. Lucas, Dongsuk Jang, Jungsun Kim

UNLV Gaming Research & Review Journal

No abstract provided.

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Special Industry Report: Editor's Introductory Remarks, Betty Mcneal Dec 2012

Special Industry Report: Editor's Introductory Remarks, Betty Mcneal

UNLV Gaming Research & Review Journal

No abstract provided.

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Gambling Behaviors Of Former Athletes: The Delayed Competitive Effect, Stephen M. Weiss, Sherri L. Loubier Dec 2012

Gambling Behaviors Of Former Athletes: The Delayed Competitive Effect, Stephen M. Weiss, Sherri L. Loubier

UNLV Gaming Research & Review Journal

Gambling behaviors in current athletes, former athletes and non-athletes were examined. Gambling tendencies were determined from participants' responses on the South Oaks Gambling Screen (SOGS). A delayed competitive effect among athletes that might surface in the form of pathological gambling was investigated. To test this novel theory, participants were divided into three groups: athletes who are currently playing sports, former athletes who used to play competitive sports and non-athletes who have never participated in competitive sporting events. A 2 x 3 independent groups AN OVA was utilized comparing SOGS scores across gender and athletic status. The mean score for former …

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Beating The Book: Are There Patterns In Nfl Betting Lines?, Michael R. Summers Dec 2012

Beating The Book: Are There Patterns In Nfl Betting Lines?, Michael R. Summers

UNLV Gaming Research & Review Journal

Las Vegas sports books provide two even-money bets (not counting commission, or "vigorish") regarding National Football League games- the point-spread between each pair of teams and the total number of points scored by each pair of teams (the "over-under"). Odds makers set the numbers ("lines") for these two bets almost a week in advance of the games, and they may change these numbers throughout the week as new information becomes available regarding the teams or as bettors bet unequally on either side of the line. This study examines whether there are any predictable patterns in the betting lines over the …

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Do Job, Age, And Place Of Residence Matter For Gaming Activity? A Study Of The Mid-Colorado River Communities, Wuyang Hu, George W. Borden, Thomas R. Harris, Leigh J. Maynard Dec 2012

Do Job, Age, And Place Of Residence Matter For Gaming Activity? A Study Of The Mid-Colorado River Communities, Wuyang Hu, George W. Borden, Thomas R. Harris, Leigh J. Maynard

UNLV Gaming Research & Review Journal

A household survey in the mid-Colorado River communities of Laughlin, Nevada and Bullhead City, Arizona examined local residents' gaming activities. A censored regression analysis distinguished between factors affecting gaming participation versus expenditures. Results suggest that gaming behavior can often be predicted with knowledge of individuals' residence, workplace, and other household demographic characteristics. Both local government agencies and casino managers can use the results to make better-informed decisions.

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Influence Of Personal Factors On Macau Residents' Gaming Impact Perceptions, Fanny Vong Dec 2012

Influence Of Personal Factors On Macau Residents' Gaming Impact Perceptions, Fanny Vong

UNLV Gaming Research & Review Journal

This paper explores the influence of personal factors on gaming impact perceptions using Macau, China as a case study. The objective is to examine how residents' gaming perceptions were affected by (1) personal benefits received from gaming; (2) length of residence; and (3) demographic characteristics. The study also aims to assess the relative magnitude of influence exerted by each variable on gaming impact perceptions. All personal factors were found to contribute to differences in gaming impact perceptions among sub-groups of respondents. Regression analyses revealed that age, education and residence status had influence on gaming impact perceptions. Findings support that the …

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Industry Labor Force Quality: An Investigation From The Customer Service Perspective, Zheng Gu, Ricardo Chi Sen Siu Dec 2012

Industry Labor Force Quality: An Investigation From The Customer Service Perspective, Zheng Gu, Ricardo Chi Sen Siu

UNLV Gaming Research & Review Journal

To investigate the labor force quality deficiency in the Macao casino industry, this study conducted a survey among Macao casino guests on their assessment of customer service. The mean scores of different service features were calculated and compared across casinos operated by different casino companies. Furthermore, different service features were examined for their importance to the overall customer satisfaction based on an estimated regression model. The study found that most of the service features were below satisfactory rating, but Wynn Resorts stood out as the top performer among the four gaming companies. The regression model identified "respect", "smile" and "skill" …

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Book Review: The Economics Of Casino Gambling, Betty Mcneal Dec 2012

Book Review: The Economics Of Casino Gambling, Betty Mcneal

UNLV Gaming Research & Review Journal

No abstract provided.

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An Observation Study Of Chinese Baccarat Players, Desmond Lam Dec 2012

An Observation Study Of Chinese Baccarat Players, Desmond Lam

UNLV Gaming Research & Review Journal

The Chinese gaming market, Macau in particular, is one of the biggest opportunities in the world today. Many industry observers have reported a clear interest among Chinese in playing baccarat. Together, VIP and non-VIP baccarat accounted for as much as 85% of Macau's 2005 gross casino gaming revenue. This paper documented and examined the psychology of Chinese baccarat players through a 'non-participatory' observation study. The study discovered some peculiar behaviors about these Chinese gamblers that included a display of high illusion of control. Chinese baccarat players appeared to derive monetary, excitement, entertainment and social values from baccarat gaming. The results …

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Formal Rules, Informal Constraints, And Industrial Evolution-The Case Of The Junket Operator Regulation And The Transition Of Macao's Casino Business, Ricardo Chi Sen Siu Dec 2012

Formal Rules, Informal Constraints, And Industrial Evolution-The Case Of The Junket Operator Regulation And The Transition Of Macao's Casino Business, Ricardo Chi Sen Siu

UNLV Gaming Research & Review Journal

Following the approach of institutional economics to study the interaction between the changing formal rules and the evolving informal constraints, alongside the dynamics leading to industrial evolution, this paper will firstly examine the particular social and economic settings which bring about the informal constraints for the business practice of Macao's casino junket operators, and the feedback from the system which in turn triggered the evolution of the informal constraints since the middle of the 1980s. Extending from our understanding of the custom and practice of this business in the "old Macao". this paper will further discuss the role of the …

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Exploring Social Exchange Theory Dynamics In Native American Casino Settings, Deepak Chhabra Dec 2012

Exploring Social Exchange Theory Dynamics In Native American Casino Settings, Deepak Chhabra

UNLV Gaming Research & Review Journal

The proliferation of Native American casino (NAC) gambling over the past few decades has generated a concern over the social, economic, and environmental impacts. This study examined the local resident perceptions of casino gambling impacts and their subsequent support for the NACs within the Social Exchange Theory (SET) framework. It further applied a similar framework to the non-NAC settings. While majority of the impact constructs failed to generate support for the NACs in the presence of intervening variables, a significant application of SET appeared among the non-NAC communities. Benefits were found to be significant for facilitating higher levels of support …

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Assessing Sports Advisory Services: Do They Provide Value For Football Bettors?, Jerry Fox, Karl J. Mayer Dec 2012

Assessing Sports Advisory Services: Do They Provide Value For Football Bettors?, Jerry Fox, Karl J. Mayer

UNLV Gaming Research & Review Journal

This study examined the effectiveness of sports advisory services in football betting. Using three different cases with recent data, it compared the actual outcomes of the football games to sports advisory services' predictions in order to test their prediction accuracy for those games. The results showed none of the three data sets exceeded the threshold for profitable wagering. Thus, in football wagering, sports advisory services often fail to achieve their claims of accurate game prediction capabilities. The study suggests that these services may not provide any real advisory value to the sports betting community.

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Gambling Alone? A Study Of Solitary And Social Gambling In America, Bo J. Bernhard, David R. Dickens, Paul D. Shapiro Dec 2012

Gambling Alone? A Study Of Solitary And Social Gambling In America, Bo J. Bernhard, David R. Dickens, Paul D. Shapiro

UNLV Gaming Research & Review Journal

In his acclaimed 2000 book Bowling Alone, Robert Putnam documents a disturbing social trend of the broadest kind. Putnam cites a wide variety of data that indicate that over the past fifty years, Americans have become increasingly socially disengaged. In developing this theme, Putnam specifically cites the increase in casino gambling (and especially machine gambling) as evidence in support of his argument. Building on the empirical and theoretical work of Putnam, this exploratory article examines the subphenomenon of "gambling alone" by exploring sample survey data on solitary and social gambling behavior among adults who reside in Las Vegas, Nevada. Specifically, …

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