Physical Sciences and Mathematics Commons^™

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 2-2-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-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%.

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.

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: 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: 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).

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 …

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-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-C: Gambling Distortions And The Brain Reward System, Luke Clark

International Conference on Gambling & Risk Taking

Impulsive choice in PG as possible index of vmPFC dysfunction

Functional imaging of gambling near-misses

Gambling distortions following brain injury (ventromedial PFC vs insula damage)

Session 1-4-A: Results From The Swedish Longitudinal Gambling Study (Swelogs): Changes Between 1998, 2009, And 2010, Ula Romild, Jessika Svensson

International Conference on Gambling & Risk Taking

Public Health Objectives

1. The overarching aim of Sweden’s national public health policy is to create social conditions that will ensure good health, on equal terms for the entire population.

2. The aim for society’s measures against problem gambling is to reduce harm from exaggerated gambling.

Session 1-4-D: Leading Together: The Evolution Of Responsible Gambling In Canada, Jim Engel, Paul Pellizzari, Paul W. Smith

International Conference on Gambling & Risk Taking

Agenda

Background: Gambling in Canada
Responsible Gambling Framework
The notion of “player sustainability”
Video Lottery Terminals (VLTs)
Internet gambling
Branding RG
Data analytics
Voluntary Self-Exclusion
RG Standards
Leading together: collaboration across jurisdictions

Session 1-4-A: Pathways Of Gambling Problem Severity: Follow-Up From A General Population Survey, Sylvia Kairouz, Christelle Luce

International Conference on Gambling & Risk Taking

Study objectives

Describe trajectories of change in gambling patterns and problems among a cohort of gamblers;

Model change over time based on life events.

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 1-4-A: Comparing Longitudinal Studies Of Gambling: Methods & Findin, Rachel A. Volberg

International Conference on Gambling & Risk Taking

What do we know about risk factors for PG?

Vast majority of research carried out on PG risk factors has involved cross-sectional surveys

PG status at a single point in time statistically correlated with behaviors & characteristics assessed at the same time

Cannot resolve the “chicken and egg” problem

• Does PG precede other disorders?
• Do other disorders precede PG?
• Or does one underlying condition account for both?

Session 1-3-F: The Victorian Gambling Study Identifying And Predicting Risks, Rosa Billi

International Conference on Gambling & Risk Taking

Overview

Background

Study design

• Incidence
• Transitions
• Risk & protective
• Co morbidities

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 1-2-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-F: Rationality And Risk Intelligence In Binary Betting, Raph Di Guisto, Aaron C. Brown, Nick Maughan

International Conference on Gambling & Risk Taking

We analyze 1.6 million binary bets on financial markets totaling $600 million in stakes, placed by 21,000 bettors at a large Internet betting site. The data set is unusually large and complete, plus has one additional important advantage: we can obtain objective independent estimates of the ex ante probability of winning each bet, using data from financial markets. This allows us to distinguish bettor profit due to superior prediction of financial events from bettor profit due to exploiting ex ante favorable odds situations. We focus on the degree or type of skill possessed by bettors (if any), and the amount …

Session 1-2-A: A Comparison Of Outcome Efficacy Between Residential And Intensive Outpatient Treatment For Disordered Gambling As Measured By Gamtoms, Reece Middleton

International Conference on Gambling & Risk Taking

Conclusions

Whereas, it is apparent that each of the Programs is clearly efficacious, as evidenced by major improvements in all evaluated life areas for clients of both, it seems that Residential Treatment, for those able to accomplish it, would have the Advantage. It is further indicated that continued involvement in recovery-oriented activity, such as, Aftercare and 12-Step Programs produces sought-after results for all participants.

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