Hospitality Administration and Management Commons^™

Session 2-3-C: Sports Betting Of Adolescents In Croatia: From Favorable Environment To Psychosocial Consequences, Dora Dodig, Neven Ricijas Phd, Valentina Kranzelic, Aleksandra Huic

International Conference on Gambling & Risk Taking

Social context

Expansion of places registered for gambling, especially sports betting

Croatian Law on Games of Chance (2009.)

• Sports betting is illegal for minors (<18)
• Minimum 200 meters from schools

Session 2-3-E: An Analysis Of Ahp On Investment Project Evaluation: A Case Study Of Matsu Integrated Resort, Day-Yang Liu

International Conference on Gambling & Risk Taking

Background

Governments are increasingly liberalizing gambling in hope of reaping economic and developmental benefits.

The business models of gambling industry are developing toward the concept of large, integrated resort-casino.

The referendum of allowing casino gaming business in Matsu was passed on July 7th, 2012.

It is expected to improve transportation facilities, boost local economy and tourism.

This gives Matsu the opportunity to build the first integrated resort-casino in the Taiwan area.

Session 2-3-E: Integrated Resort And Casino Law In An Asset-Inflated Japanese Economy, Sasaki Kazuaki

International Conference on Gambling & Risk Taking

Japan has one of the big gaming markets, which includes various games such as lottery, horse racing, motorcycle racing, bicycle racing, motorboat racing, and pachinko and pachinko-slot machines. While games like lottery, horse racing, motorcycle racing, speed boat racing, and bicycle racing are managed by the public sector, Pachinko and Pachinko-slot games are managed by private companies. The Japanese gaming market is worth around 240 billion US $.

Session 2-3-A: Considerations For Implementing Self-Assessment In Online Gambling Platforms, Michelle Nogueira, Sylvie Smith, Chris Perlman, Suzanne Rath

International Conference on Gambling & Risk Taking

Research Goals

Review problem gambling self-assessment tools for use on an internet platform.

Explore how self-assessment tools may be promoted to increase uptake.

Session 2-3-C: Adolescent Slot Machines Players: Experiences, Motivation And Cognitive Distortions, Neven Ricijas Phd, Dora Dodig, Valentina Kranzelic, Aleksandra Huic

International Conference on Gambling & Risk Taking

Aims of this research

1. to explore how often high-schools students play slot machines

2. to explore how often adolescent slot machine players play other games of chance

3. to explore their main motivation and beliefs related with gambling

4. to explore their gambling experiences and behavioral patterns

Session 2-2-E: Slots Are To Las Vegas As Baccarat Is To Macau: A Game Analysis, Arthur Sai-Wai Wong

International Conference on Gambling & Risk Taking

Money is reeling in the casinos in Las Vegas, while chips are rolling in the casinos in Macau. These two different phrases exactly symbolize the ways how these two different gaming jurisdictions make their prosperity.

There are several reels in the slot machines and as they are spun thousands and millions of times…money reels in, it creates the profit for the casinos in Las Vegas.

Baccarat players wager dead chips in the VIP rooms rolling thousands and millions of times…money rolls in, it creates the profit for the casinos in Macau.

Session 2-2-A: Effectiveness Of Brief Interventions For Problem Gambling: A Randomized Controlled Trial, Max Abbott

International Conference on Gambling & Risk Taking

Introduction

Problem gambling a significant public health and social issue

Significant investment in publicly funded intervention services (Helpline, face-to-face counselling)

No formal evaluation of effectiveness, in general or with specific groups

Session 2-2-E: The Growth Trends In Macau’S Gambling Industy: A Scenario Analysis, Zhonglu Zeng

International Conference on Gambling & Risk Taking

Macau’s Gambling Industry: A Brief Review

Macau’s gambling industry has experienced tremendous growth in the past 27 years. In 1985, the gambling revenue was only US$0.23 billion; in 2012, the figure reached US$38 billion. The compound annual growth rate is 22%.

Mid-Morning Break And Poster Sessions: A Comparative Analysis Of Design And Motivation In Slot Machines And Video Games, Daniel Sahl

International Conference on Gambling & Risk Taking

Introduction

The slot machines of today reflect an impressive design feat: translating cold win/loss probability into an unpredictable, whimsical, and engaging experience. A successful spin offers more than a quick payout, it’s an opportunity to experience hidden secrets within the machine: creative bonus games, rich animation and movie clips, even the chance to play simultaneously with other players on linked machines. Many of these characteristics are similar to design and gameplay elements of video games. Separate research into both slots and video games often reflect similar questions about design, motivation for play and addiction. This poster presents a visual and …

Mid-Morning Break And Poster Sessions: Survey Of Internet User’S Intentions About Gambling On A Legal Online Site, Emilie Vezina, Serge Sevigny, Christian Jacques, Isabelle Beaudoin, Isabelle Giroux

International Conference on Gambling & Risk Taking

While many governments are considering the option of legalizing online gambling, mental health professionals and public health advocates worry that it will increase the number of problem gamblers. Results of the survey show that 3% of the sample, composed of 1009 Internet users, intended to gamble real money on the new online legal site, 6% would gamble without money, and 5% would visit the new site without gambling. Nearly 45% of those who intended to visit the legal gambling site were Internet non-gamblers in the last year. Half of online gamblers intended to gamble on the new legal site. Also, …

Session 2-1-E: Betting Market Efficiency Implications Of Different Structures: Bookmakers Vs. Exchanges, David Mcdonald, Ming-Chien Sung, Johnnie Johnson Professor, John Peirson

International Conference on Gambling & Risk Taking

Outline

(i) Quick definition of market efficiency

(ii) Theoretical models lead to general predictions…

(iii) ...which lead to specific predictions about betting markets

(iv) Results of testing the predictions using real betting market data

(v) Implications and conclusion

Session 2-1-E: Toward An Understanding Of Price Movements In Betting Markets: Profitable Trading Against The Herd, Johnnie E.V. Johnson, Ming-Chien Sung, David C.J. Mcdonald

International Conference on Gambling & Risk Taking

Efficient Market Hypothesis

Markets for speculative assets always fully incorporate relevant information in prices

Herding

Participants neglect private info, adjust actionsmore representative of previous price movements

Effect

Price volatility in excess of variations in fundament d informationBubbles, crashes and bank runs

Session 2-1-B: Gaming Regulators Africa, Linda E. De Vries

International Conference on Gambling & Risk Taking

Goal 1: Eradicate Extreme Poverty

Goal 2: Achieve universal primary school education

Goal 3: Promote gender equity and empower women

Goal 4: Reduce child mortality

Goal 5: Stimulate entrepreneurship (SMME; development)

Session 2-1-B: A Mandate For Business Leadership: The Case Of Regulated Gambling In South Africa, Linda E. De Vries

International Conference on Gambling & Risk Taking

South African agenda - shaped by developmental agenda

Comply with global movement on environmental issues

Global Economic melt down

Political wide spread change – 1994-2013

Strong philosophical orientation i.e. cost/benefit vs. tangible /intangible costs/benefits consumption model (De Vries- 1991)

Caution on becoming a gambling dependant nation

Purpose to legalise but not aggressive - consumption model (NGB Act 1996 /amended NGB Act 2004)

Private enterprise be allowed within tight regulatory framework

National lottery- good causes - aggressive –state benefit (NLB Act 2001) Normalisation of society with shift in priorities of the democracy

New formulations of Economic black EMPOWERMENT such as BRICS …

Session 2-1-A: Long-Term Client Outcomes The State-Wide Gambling Therapy Service South Australia, Peter W. Harvey, David Smith, Rachel Humeniuk

International Conference on Gambling & Risk Taking

Overview

1. Statewide Gambling Therapy Service, SA

• context
• service model
• routine activity, KPIs and outcomes
• ongoing research programmes

2. examples of some specific study outcomes

3. larger service evaluation outcomes

Session 1-4-B: Gambling And Marijuana Use In The Netherlands: Is Legalization The Best Tool For Dealing With "Naughty Habits?", William N. Thompson, Laura K. Thompson

International Conference on Gambling & Risk Taking

In 1976, the Netherlands embraced two policy initiatives which encompassed similar objectives. The policies sought to control “undesired substances” via the process of legalization. One legalization process involved casino gambling. The policies have sometimes led to desired results (the right road), while at other times they have led to undesirable results (the wrong road). Now in 2013, without an observable crossroad or even fork in the road, The Netherlands is poised to deviate from a right road to travel down a wrong road by placing rather severe restrictions upon the operations of “Coffee Houses” which have been “serving” customers measured …

Session 1-3-E: Hitting The Sweet Spot: Lottery Promotion And Vulnerability, Elisabeth Papineau, Jean-François Biron, Fanny Lemetayer, Amadou Barry

International Conference on Gambling & Risk Taking

Literature about lottery marketing and vulnerability

Lottery advertising in Quebec

Project phases

Results

Conclusion

Session 1-3-F: New Zealand Prospective Research: The Pacific Islands Families Study, Treatment Outcome Study And National Gambling Study, Max Abbott

International Conference on Gambling & Risk Taking

Aims

Determine optimum pathways for children and families during critical developmental periods

Identify risk and resilience factors that influence positive and negative outcomes

Provide Pacific-specific evidence

Make empirically-based strategic recommendations to improve the health and well-being of Pacific children and families and address social disparities

Session 1-2-F: Sports As An Alternative Asset Class: Gambling As An Investment, Brendan Poots

International Conference on Gambling & Risk Taking

Genesis of the idea came in 2007 in NYC when studying at Columbia. The trading of sports utilising strategies and other traditional financial market practices was identified as a burgeoning opportunity.

Towards the end of 2007 a private Fund with owner’s capital was started.

Global Financial Crisis in 2008 – all asset classes lost value. Diversification did not work. The Olympics, the Superbowl, the World Series and all the Grand Slam tennis and golf tournaments went ahead unaffected.

Priomha Capital Sports Hedge Fund Founded in 2010

Global HQ – Melbourne

Trading office – London & Las Vegas (2014)

Priomha Capital …

Session 1-2-E: The Indirect Contribution Of Non-Gaming Amenities To Casino Gaming Performance, Elena Shampaner-Ghiassi, Sarah Tanford

International Conference on Gambling & Risk Taking

Objective

Evaluate the simultaneous impact of all non-gaming amenities on gaming volume

Session 1-2-A: Building, Maintaining And Evaluating A Statewide Treatment Program For Problem Gambling, Timothy W. Fong

International Conference on Gambling & Risk Taking

Shows how to build, maintain and evaluate programs for problem gambling

Program: The 15th International Conference On Gambling & Risk Taking, University Of Nevada, Las Vegas, University Of Nevada, Reno

International Conference on Gambling & Risk Taking

Listing of presentations, events, and sponsors

F.A.C.E.S. (Faculty Academic Community Education Showcase): Professional Growth Experiences In A Career University, Paul J. Colbert, Ph.D.

MBA Faculty Conference Papers & Journal Articles

Institutes of higher education exist for the purpose of developing, fostering, nurturing, and stimulating the intellectual growth and development of students. The core values of a college education provide students conceptual and practical educational opportunities that focus on improving their skills and knowledge. These skills and knowledge translate into purposeful, real-life learning experiences. However, in the academic community, learning is not restricted to students. Faculty, too, must be supported and provided opportunities for personal and professional growth and development. Although professional development is not a novel concept in the education profession, schools often take up the gauntlet, but fall short …

Effects Of Service Level With Low Unemployment Rate In Macau, Hou Ian Chui

UNLV Theses, Dissertations, Professional Papers, and Capstones

Justification and Objectives: With this background in mind, there is an important question that has not been answered in the context of Macau’s hospitality industry: Does the workforce display what Gu and Siu (2009) called “mediocre interpersonal skills” (p. 561) because of innate shortcomings in the workforce, or because of voluntary behavior on the part of the workforce? The proposed paper will use Osterman’s (1994) theoretical framework of employment incentives and with reference to the research being conducted by Venetian Macau.

Purpose Statement: The purpose of this study is to quantitatively measure the links between the variables of employee service …

Why China? A Study Of Why Foreign Hotel Companies Are Rushing To Develop New Luxury Hotels In China, Sean Hardingham

UNLV Theses, Dissertations, Professional Papers, and Capstones

Purpose: The purpose of this professional paper is to identify why China is currently the number one recipient of foreign investment from foreign multinational luxury hotel companies.

Statement of Objective: An exploratory study will be conducted in support of the purpose. With such a lack of available information relating specifically to luxury hotel development in China; published data on the current economic, cultural, and tourism environment in China will be used to support conclusions made in regard to luxury hotel development by multinational hotel companies.

Justification: Deng Xiaoping’s introduction of the Open Door Policy in 1978 opened the door to …

The Legalization Of Casino Gambling In Mainland China, Xi Liu

UNLV Theses, Dissertations, Professional Papers, and Capstones

The study of growth in the international casino gaming is currently fascinating. Local residents do not view casino operations negatively anymore. The great success of the regulation of the gaming industry and the resulting highly profitable returns in areas such as Las Vegas has encouraged jurisdictions to introduce gaming into their local economies. Various studies have been done to assess the potential reasons behind the introduction of the gaming industry into regions that have previously banned it; however, only a handful of research has been done regarding the potential gaming industry in mainland China. Given the huge success observed in …

Using Self-Service Technologies To Solve The Problem Of Labor Shortage In Macau’S Lodging Industry, U Ka Kit

UNLV Theses, Dissertations, Professional Papers, and Capstones

Macau, the world's leading gaming destination, is suffering from labor shortage. Hotels operators found it difficult to compete with the casinos for the limited human resources. In this article, the author suggests self-service technologies (SSTs) as a possible mean to solve the labor shortage problem in Macau's lodging industry. The literature review shows the seriousness of the problem, and analyze the pros and cons of SSTs, the main reason its implemented and how it is perceived by the customer. Then, base on the review, the author provides five step implementation guide of SSTs in hotel. The author also presents recommendations …

Labor Shortage And The Development Of Gaming Industry In Macau, Liz Chiu Nga Ming

UNLV Theses, Dissertations, Professional Papers, and Capstones

Purpose:

The purpose of this paper is to explore how the labor shortage in Macau directly affects the growth and development of the gaming industry. As Macau is currently facing similar situations like PRC China, the blooming economy became the main cause for companies to use lucrative salaries to attract quality employees from different sources, including school dropouts as well as current employees from other organizations. In the long run, this could cause a negative impact to the industry as the companies might be forced to promote immature and inexperienced employees to senior positions in order to fill the …

Understanding The Decline Of Sales Of Destination Club Products, Heidi Goetz

UNLV Theses, Dissertations, Professional Papers, and Capstones

Purpose:

The purpose of this paper is to identify and confirm factors leading to the decline of sales of Ritz-Carlton Destination Club products.

A Transition Of Leadership: Can The Young Generation Of Macau Catch Up, Kin Man Yolanda Lao

UNLV Theses, Dissertations, Professional Papers, and Capstones

Purpose:

The purpose of this paper is to evaluate the attitude and motivation levels of young professionals in the gaming industry in Macau. To give a more holistic view with justification on the problem, this paper is orientated with a literature review in the areas of leadership and management styles in Western and Asian cultures, and with a case application of Wynn Macau as a life example. The discussion of this paper is supported by interviews with senior executives, and a summary of human resources strategies in terms of recruitment, training, and motivation both on a department level and on …