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Are Gaming Concessions Obsolete? A Comparative Study Of Macau And Portugal, Jorge Godinho May 2019

Are Gaming Concessions Obsolete? A Comparative Study Of Macau And Portugal, Jorge Godinho

International Conference on Gambling & Risk Taking

Abstract

The concept of a concession for the operation of games of chance is the legal basis of the largest casino gaming industry in the world, that of the Macau Special Administrative Region of the People’s Republic of China. This concept, in its modern form, came to Macau in 1961, from Portuguese law, where it was started in 1927.

This paper has two main goals.

The first is to sumarize the evolution of concessions of games of chance in Portugal and Macau, covering the common legal and conceptual basis in both systems, highlighting the similarities and differences, especially regarding the …


Gaming Corporations Gamble With The Fcpa, Joseph Grusman Mar 2015

Gaming Corporations Gamble With The Fcpa, Joseph Grusman

UNLV Gaming Law Journal

No abstract provided.


Casino Gaming In Macau: Evolution, Regulation And Challenges, Jorge Godinho Apr 2014

Casino Gaming In Macau: Evolution, Regulation And Challenges, Jorge Godinho

UNLV Gaming Law Journal

This paper provides an overview of the evolution of the legal framework applicable to the casino gaming industry in Macau. The focus is on the evolution of the system of concessions and sub concessions, the regulation of gaming promoters, the complex VIP segment, as well as the anti-money laundering requirements. A final section considers the rapidly growing competition posed by the spread of gaming in various jurisdictions in the region. Overall, while casino gaming grew exponentially in recent years, there are numerous issues from the past which pose future challenges.


Research Note: Forecasting Macau's Gaming Revenue And Its Seasonality, Ipkin Anthony Wong Dec 2012

Research Note: Forecasting Macau's Gaming Revenue And Its Seasonality, Ipkin Anthony Wong

UNLV Gaming Research & Review Journal

The gaming literature has identified a number of factors that have driven the growth of Macau's casino industry. At the same time, however, questions remain as to future prospects for the growth of the enclave's gaming revenue- and specifically, whether this type of growth can be sustained. A forecast of Macau gaming revenue and an examination of its seasonality can assist scholars and practitioners alike in developing a better understanding of seasonal variation (a significant consideration in the volatile world of gaming) and the future outlook of the world gambling capital. The objective of this article is to investigate these …


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 …


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 …


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 …


Gaming Regulatory Systems: How Emerging Jurisdictions Can Use The Three Major Players As A Guide In Creating A Tailored System For Themselves, Nicole Laudwig Oct 2012

Gaming Regulatory Systems: How Emerging Jurisdictions Can Use The Three Major Players As A Guide In Creating A Tailored System For Themselves, Nicole Laudwig

UNLV Gaming Law Journal

This note will first examine the existing gaming control systems in the three most prominent jurisdictions: Nevada, Macau, and Singapore. The second portion of the note will suggest what features of these existing gaming control systems should be implemented into emerging gaming jurisdictions, with Nevada as the primary model, and what additional features the new jurisdictions will want to consider.