Gaming and Casino Operations Management Commons^™

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.

Session 2-4-B: The Boomerang Effect, Jonathan Galaviz

International Conference on Gambling & Risk Taking

Today's Talk:

1. Ideas, not politics

2. Strategic outlook

3. Macro Focused

Session 2-4-B: Las Vegas: The Houston Of The Gaming Industry?, Bo J. Bernhard

International Conference on Gambling & Risk Taking

Conclusions

Las Vegas is and must become an intellectual capital of the global gaming industry.

Internet gaming: new threats, new opportunities

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-C: How Do Teenagers’ Differentiate Computer Gaming From Gambling, Margaret Carran, Julia Hornle, Mark Griffiths

International Conference on Gambling & Risk Taking

Aims of the study

Part I – qualitative focus groups to find out:

• How some of London adolescents view gambling following the significant expansion of perceived opportunities to gamble in UK since 2007
• What they think gambling is and whether it differs from what law considers gambling to be
• What they think about the similarities and differences between computer games and monetary forms of gambling and in particular whether they recognise gambling types activities within computer games; and
• What they know about law relating to gambling and how, if at all, it influences their behaviour.
• To identify the main theme …

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-G: The Consumption Screen For Problem Gambling (Cspg): Why A Penchant For Big Macs May Predict Appetites For Gambling, Matthew Rockloff, Matthew Browne Browne

International Conference on Gambling & Risk Taking

Evidence for a common underlying trait: “Consumptiveness”

Consumptiveness: “A persistent orientation towards acquiring and using resources in excess of a proper accounting of their costs and benefits - resulting in harm.”

simple behaviors that result in immediate, sensation-oriented rewards

• alcohol, caffeine, smoking, illicit drugs, energy-rich foods (including salt)
• Gambling

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 2-3-F: Gaming Applications Of A Forgotten Distribution, Rohan J. Dalpatadu, Ashok K. Singh

International Conference on Gambling & Risk Taking

Introduction

The bonus game has become a very important part of the slot machine, as indicated by a large number of patent applications and patents (Bennett, 2000; Slomiany and Grupp, 2000; Vancurra, 2000; Baerlocher et al, 2002; Jaffe et al, 2002; Cannon and Donovan, 2003; Dickerson, 2005). Therefore, probability distributions suitable for developing games are very much in need. In this study, we illustrate how a forgotten discrete probability distribution, viz. the negative hypergeometric distribution, can be used to develop bonus games for slot machines, and also to analyze existing bonus games. The mean and the variance for this distribution …

Session 2-3-G: Starving To Gamble: Hunger And Gambling-Related Craving Interact To Heighten Persistent Play Among Problem Gamblers, Travis K. Sztainert, Michael Wohl, Alfonso Abizaid

International Conference on Gambling & Risk Taking

Describes how hunger and gambling-related cravings relate to problem gambling.

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-F: Combining Forecasts To Predict The Outcome Of Horseraces, Stefan Lessmann, Ming-Chien Sung, Johnnie E.V. Johnson, Tiejun Ma, Chung-Ching Tai

International Conference on Gambling & Risk Taking

A variety of methods are often employed to forecast the outcome of sports events and to shed light upon the factors that influence contestants’ winning prospects. We explore the potential of combining forecasts to improve the accuracy of sports event prediction. Successful combination usually involves accurate and diverse individual predictions. Further, to accurately predict the outcome of sports events it is important to effectively account for the intensity of rivalry among contestants. Consequently, we develop modeling procedures and practices for addressing these challenges: First, in order to construct a large and diverse library of base models, we employ a range …

Session 2-2-F: Guides To Beating The Spreads In Mlb, Nba And Nfl Games, William S. Mallios, R. R. Mallios

International Conference on Gambling & Risk Taking

This guide provides information and statistics for sports' gambling.

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: Comorbidity Among Pathological Gamblers Seeking Treatment, Daniela Gonzalez-Sicilia, Louise Nadeau

International Conference on Gambling & Risk Taking

Context of the study

Pathological gambling prevalence in the general population: United States 0.42% (Petry et al., 2005), Canada 0.5% (Rush et al., 2008), Quebec 0.7% (Kairouz et al., 2011)

Epidemiological surveys (i.e. NESARC) indicate that pathological gambling is usually accompanied by other comorbid disorders, such as: Alcohol and drug abuse (prevalence of 25 and 27%, respectively), alcohol and drug dependence (48 and 11%), mood disorders (50%), anxiety disorders (41%), personality disorders (61%). (Petry et al., 2005)

The comorbidity found in clinical samples is usually higher than that in the general population because it is more likely for a person …

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, …

Mid-Morning Break And Poster Sessions: Family Gambling And Its Connection To Intergenerational Family Relationship Building, Melissa M. Sleightholm, Joan E. Norris, Joseph Tindale

International Conference on Gambling & Risk Taking

Introduction

Most research has viewed gambling as an individual activity and very little research has been devoted to the impacts of family gambling.

Bengtson and Roberts (1991) viewed intergenerational family solidarity as a comprehensive construct consisting of six components of solidarity. Affectual, Associational, and Functional solidarities, can be adapted to a gambling context.

The three family solidarity dimensions of affection, association, and function are the core components to family solidarity (Hogerbrugge & Komter, 2012).

Mid-Morning Break And Poster Sessions: Application Of The Theory Of Planned Behaviour Within School-Based Prevention Programs For Adolescent Gambling, Renee St-Pierre, Jeffrey L. Derevensky, Rina Gupta, Caroline Temcheff

International Conference on Gambling & Risk Taking

The theory of planned behaviour (TPB) and the concept of anticipatory negative emotions have attracted considerable research attention in the formulation of effective preventive interventions. This approach has identified several key constructs (i.e., attitudes, subjective norms, perceptions of control, anticipation of negative emotions) as valid predictors of gambling intentions and behaviour. However, no empirical investigation has utilized these constructs in the design or evaluation of a youth problem gambling prevention initiative.

Objectives. The current research aims to assess the effects of a prevention video on gambling-related attitudes, subjective norms, control perceptions, anticipated negative emotions, and intentions. The video focuses on …

Mid-Morning Break And Poster Sessions: Psychological And Physiological Responses To Gambling Cues In Pathological Gamblers, Stephen P. Sharman Mr, Eve Limbrick-Oldfield, Mike R. Aitken, Henrietta Bowden-Jones, Luke Clark

International Conference on Gambling & Risk Taking

Introduction

Gamblers experience exposure to gambling cues on a daily basis, ranging from celebrity-endorsed TV commercials, to walking past a high street bookmaker. Research on substance addictions indicates that these cues are likely to activate urges / cravings to gamble.

Wulfert et al (2005) found higher ratings of subjective excitement following a horse race with a wager on in students, Kushner et al (2008) used frequent gamblers in a simulated casino environment and found positive anticipation and positive priming increased urges to gamble, however these studies used only a single self report item to measure craving. Ashrafioun et al (2012) …

Mid-Morning Break And Poster Sessions: Clinical Profile And Psychiatric Co-Morbidity Of Treatment-Seeking Individuals With Pathological Gambling, Heidi Sinclair, Sonja Pasche, Adele Pretorius, Peter Collins, Dan J. Stein

International Conference on Gambling & Risk Taking

Background:

Pathological gambling is a prevalent and disabling mental illness, which is frequently associated with mood, anxiety, and substance use disorders. However, there is relatively little data on comorbidity in pathological gambling from low and middle income countries such as South Africa.

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-A: A Longitudinal Study Of Alberta Electronic Machine Gamblers, Garry Smith, Nady El-Guebaly, David Casey, David Hodgins, Rob Williams, Don Schopflocher

International Conference on Gambling & Risk Taking

Outline of the LLLP

What is the LLLP?

Launched in 2006 the LLLP is a five age cohort, four data collection wave longitudinal study that examines the incidence and determinants of gambling and problem gambling. The study was guided by four broad research questions:

1.What are the normal patterns of continuity and discontinuity in gambling and problem gambling behavior?

2.What bio-psychological variables and behavior patterns are most predictive of current and future responsible and problem gambling?

3.Are there distinct sub-groupings of gamblers and problem gamblers with different trajectories and predictors?

4.What etiological model of problem gambling is best supported by …