Gambling study makes provocative claim

A psychological study unveiled at the convention of the American Psychological Association makes a bold claim: that 2 percent of all gamblers account for nearly 25 percent of all casino wins and losses. From Science Daily:

In another study, psychologist Arch G. Woodside, PhD, of Boston College, and Ralph Perfetto, PhD, of the University of Rhode Island, found that while most people do not gamble, the majority who do gamble, do so most weeks of the year. They have moderate incomes and are at the highest risk for financial and psychological trouble.

Using data from the annual DDB Needham Life Style Survey, Woodside and Perfetto looked at casino gambling patterns among 20,568 adults from 1993 to 1998. They found that less than 2 percent of all casino gamblers are responsible for nearly 25 percent of all casino gambling wins and losses – referred to as the extreme or X-gamblers. The authors identified three sub-types of X-gamblers. "Whales," are mostly white, middle-aged men with high incomes who go to casinos most weeks of the year. They spend the most money. "Jumbo shrimp" are mostly older white females with very low incomes and visit casinos most weeks of the year. Finally, "big fish" are very frequent gamblers with moderate incomes and make up more than half the X-gamblers. Most middle-income X-gamblers come from mixed demographic backgrounds. X-gamblers visited casinos 25 times or more a year.

"Understanding the demographics and the different influences that play into gambling can help psychologists tailor their interventions for people who get into trouble," said Woodside. "Moderate-income X-gamblers – big fish – are at the most risk for losing the most money and suffering the most overwhelming financial and psychological consequences. The whales can afford to lose money and the jumbo shrimps don’t have much money to lose."

Americans Spending, Gambling, Saving: Who’s Happiest, Who’s Most At Risk?.

I’m going to try to get a copy of this study to examine the methodology. I’d like to see how they calculated what percentage of customers are responsible for what percentage of casino revenue. I always thought that you couldn’t do that with any certainty unless you had 100% of all players using player-tracking cards and, of course, access to the data.

I also threw up a little when I read the phrase “extreme or X-gamblers.” Well, not literally, but I did in my mind. It just sounds like radical dudes slamming Mountain Dew, skating down to their local casino, doing a wicked railslide down the handicapped entrance, and taking keno to the Xtreme. And the whole gambler food chain–whales, big fish, jumbo shrimp–seems a bit simplistic as well. I’m all for presenting your material so that it’s accessible to the masses, but come on.

I’ve emailed one of the authors to get a copy. If I do, I’ll follow up with a more comprehensive critique.

Seriously–I know people who think that “disordered gaming” is a euphemism. I think that “pathological gambling” sounds too pop psychology-ish (like “pathological liar’), so I’ve always preferred “problem gambling.” But “extreme gambling” just sounds like people with bad tattoos and ill-advised piercings hitting “max bet.”

14th ICGRT on the way!

The Center for Gaming Research has just been named an Associate Sponsor of the 14th International Conference on Gambling and Risk-Taking. This is a good thing, and a very big deal. What’s the ICGRT? Only the most prestigious gambling-related academic conference in the world. Learn more here:

The primary objectives of the conference are to contribute to the base of scientific knowledge about gambling in all its dimensions, stimulate further research and facilitate discussion and dialogue.

This important event brings together the world’s top gambling scholars to present, discuss, and debate the latest trends and findings on gambling and commercial gaming. This diverse group includes international researchers, academics, gaming industry leaders, regulatory and government officials, and professional gamblers. Topics will cover a broad variety of disciplines including economics, public policy,
mathematics, social sciences, psychology, and treatment.
University of Nevada Reno::Institute for the Study of Gambling and Commercial Gaming

The conference only happens once every three years. It’s being held in Lake Tahoe May 25-29, 2009. If you are interested in gambling, I strongly encourage you to submit a paper. For more information, visit the UNR gaming website.

Popular Vegas books

A reporter for that well-known bastion of literary tradition, the LV Sun, has weighed in on the reading habits of Las Vegas library-goers:

Las Vegas, the old truism and sometime political talking point says, is at the bottom of every good list and at the top of every bad one. But what about the lists we keep for ourselves?

To take one instance, what about a list of the most popular 15 fiction books checked out from the Clark County Library District last month? What does that say?

A third of the time, it says, “By Patterson, James.”

Oh, sweet Xenu, what does that say about us?

“Yes, there sure is a lot by James Patterson,” said Robb Morss, the library’s deputy director of public services. “But, you know, good for him.”

Maybe, although Patterson, a former advertising executive, would probably prefer to sell them.

Patterson dapples The New York Times best-seller list with novels like a starling decorating the side of a building. To say his books are bad is to, like Patterson, ignore the descriptive possibilities of the English language. The books are bad the way the sun is yellow: They are massive radioactive balls of flaming badness. They are literally, no exaggeration, honest-to-goodness, worse than “The Da Vinci Code.”

A reading of Las Vegas’ intellect – Las Vegas Sun

I’m not so sure that this is news. After all, it’s been more than fifty years since Theodore Sturgeon said that ninety percent of everything published is crap. I haven’t seen much evidence against his proposition. So out of a list of 15 books, you’d expect all but one or two to be awful.

Perhaps Las Vegans are just being smart consumers: if the Patterson books really are so crappy, they’re being quite savvy by not buying them.

And who is sweet Xenu? Is that like “Sweet Caroline?” A good piece about a Neil Diamond impersonator ran yesterday, so maybe there’s a connection.

M difference

There’s a good piece on the far, far south M Resort in the LV Sun. Here’s some of the most interesting bit, but you should read the whole piece:

The M Resort, at the southwest corner of St. Rose Parkway and Las Vegas Boulevard, more than 10 miles south of Mandalay Bay, will be the southernmost casino in the Las Vegas Valley. The 400-room property, which is expected to get most of its customers from nearby neighborhoods, including Southern Highlands, Seven Hills and Anthem, will face stiff competition from nearby locals casinos as well as the Strip.

Unlike newer locals casinos, which get about half of their business from out-of-town visitors, M Resort will get 80 percent of its revenue from locals, said Marnell, who began work on the $700 million project five years ago.

That’s partly why Marnell, who helped open one of the valley’s first major night clubs at the Rio, wants to avoid the night club crowd. Booming, boisterous clubs can be more trouble than they’re worth for management, while turning off locals trying to enjoy a more relaxed night out, he said.

Locals favorites such as a buffet, poker room, deli and a sports book with reclining chairs and about 100 beers on tap, will be near a 2,000-car garage for easy access.

Little of what Marnell calls the resort’s “modern Italian design” is yet visible, though the crescent-shaped glass shell hotel tower was topped off Friday and construction of the giant, zinc-encrusted porte cochere is under way on the side farthest from the Strip.

Many venues at the M Resort will face the Strip, with floor-to-ceiling views overlooking a pool and outdoor amphitheater, which will host concerts that restaurantgoers can see and hear.

It’s on Las Vegas Boulevard, but M Resort aims mostly at locals – Las Vegas Sun.

I’m really looking forward to the “modern Italian design.” It’s funny how in the past few years more and more casinos are borrowing elements of the original Caesars Palace–crescent-shaped towers, “modern” design, and much more.

This sounds like a great project–certainly there’s a huge attention to detail. Even though it’s not going to be marketed to tourists, I would guess that this is going to be a place to check out.

I’m a bit unsure about the self-serve soft drink station–that might be a little too relaxed even by locals standards. Having worked in security, I’m envisioning patrons trying to smuggle in empty 2-liter soda bottles and save themselves a dollar on their home supply of Diet Pepsi. I’ve personally seen patrons smuggling shrimp out of the buffet in their coat pockets, so I wouldn’t put anything past anyone.

The shrimp smuggling thing is a real ethical dilemma. On one hand, it’s not exactly stealing, because if the patron had wolfed it down while inside the buffet, there wouldn’t be a problem. On the other, it IS stealing because you can’t take food out; it’s a real “slippery slope” type thing, because if you let them take a few pieces of shrimp, what’s to stop them, logically, from taking out a whole carving station next time? But you really muddy the waters when you factor in that the smugglers tend to be older people, who in my experience eat less in a single sitting. So by prosecuting seniors who take 2 or 3 extra shrimp for later that a younger person might have had inside, are you opening the company up for an age discrimination lawsuit?

I’d love to see them tackle this kind of case on Law and Order someday.

New casino carpet

I’ve managed to squeeze in some time to update the carpet gallery. I’ve got new shots of the Excalibur, Luxor, Monte Carlo, Palazzo, and tons more in the Strip gallery.
Palazzo
I’ve also streamlined the downtown gallery and placed all non-Strip, non-downtown carpets in the Clark County gallery.

Plus I’ve added a Hall of Fame with old carpets and carpets from demolished hotels.

When I have the time, I’m going to make a trip downtown with the camera and get some updates down there, as well.

Strip burger joints ranked

Someone had to do it, so why not me? I’ve eaten at each of them. Here goes, in bottom-to-top order:

4. Burger Bar, Mandalay Place
If you’re in that part of town and in need of a gourmet burger, you can’t do much better. There’s nothing at all wrong with the place–in fact I recommend it–but someone had to be at the bottom of the list.

3. Le Burger Brasserie, Paris (near Bally’s)
It’s good too, and the vegetarian options are probably best here. But it’s not as ambient as the last two places on the list, which is sometimes a good thing.

2. BLT Burger, The Mirage
This is the new kid on the boulevard. Opening in the former white tiger habitat means that the place has some big shoes to fill. The loud music might turn some people off, as might the general trendy vibe. But the burgers are great and they’ve got fried pickle chips. I haven’t tried any of the milkshakes, so I can’t vouch for them. And they don’t even have a framed 8X10 of the white tigers behind the bar. That’s a bummer.

1. Strip Burger, Fashion Show Mall
There’s seating outside, for great people-watching. It’s not that much pricier than the food court upstairs, and is a much, much, better value. If you’ve ever eaten in the food court, you know what I mean. They’ve got all kinds of burgers and, yes, fried pickle chips. Those things are surprisingly good.

Beach casino 50/50

Coming back to this, it’s all Atlantic City, all the time. I’ve got a few Vegas things I’ve been kicking around, including my personal ranking of the high-end burger places on the Strip and a book review or two. But then the AC Press goes ahead and runs a HUGE Pinnacle spoiler:

Giving a sneak peek of the closely guarded concept for its proposed casino, Pinnacle disclosed Wednesday that a "beach house" theme is under consideration as it tweaks the designs for the estimated $1.5 billion to $2 billion project.

"Were on the beach, and its a great distinguishing factor for our project versus some of the newer gaming facilities or projects in the region – Philly, Catskills, etc." Pinnacle spokeswoman Pauline Yoshihashi said in an e-mail statement.

But at the same time, Pinnacle executives reiterated that the casino is in limbo until the global credit crisis passes and the company can secure financing for the Las Vegas-style megaresort.

Beach-themed Pinnacle casino still captive of financial tides.

Between this and the Revel “ocean” theme, I’m happy. Seriously, it’s a good sign that we’re moving away from Wild West-themed casinos on the Boardwalk. I’ve always said that Atlantic City would be better off if it was honest about what it was–a small, urban resort on the Atlantic Ocean–rather than trying to be Las Vegas East.

There’s a big potential for “beach house” to turn out badly, though. I’m thinking suites that look like weekly-rental houses that pack in 20 college kids, with cigarette burns in the carpet and red cups with warm beer littered throughout the place. Couches with sand caked into them, that sort of thing. The concept itself doesn’t scream “elegance,” does it? Are the employees going to be required to wear flip flops? Will the security podium look like a lifeguard stand? How far are they going to go with this?

At its worst, this ends up looking like a TGI Friday’s with a deck, with all sorts of “beach memorabilia” stuck on the walls. Although it would be neat if the security officers got whistles, like lifeguards.

At the other end, a beach-centered resort could work very, very well. This cloak-and-dagger secrecy’s a bit off-putting, particularly since there’s only a 50/50 chance the thing is ever built. That’s a whisker away from being a negative expectation game.

Trop AC update

So how’s the Tropicana in Atlantic City doing these days? I got curious enough today to check out the vox populi of tripadvisor.com.

There are reviews for July up, so this reflects the property well after the Columbia Sussex retreat. And most of the people are happy, though the ones who aren’t have some horror stories.

Here’s one example that the AC tourism folks should really examine, since it’s written as representative of the city as a whole, not just the Trop:

Every staff member I encountered acted as though they were being inconvenienced by my arrival. Smiles? none. Eye contact? Minimal. Clear answers to questions? None. The room was not bad, the carpet appeared new but the bedclothes looked shabby. The hallway was also shabby and pooly cleaned. The location of the Trop is rather far from the center of the Boardwalk and the guys manning the pedicabs looked dangerous. Atlantic City as a whole is a bit of a joke and the Trop is doing nothing to make it better.

Tropicana reviews

Of course, many other guests found the place passable or even pleasant, and one even said that it was “lovely.” So obviously the Trop has some fans.

Here’s the funny thing. Over on ratevegas a while back, there was a debate over the Sahara offering $200/night room rates after a mythical remake. Lo and behold, the Trop AC’s average rate is $218 a night. Now, I’m as big a fan of the Morris Avenue corridor as anyone, but that seems like a big price for not such a great location or experience. Then again, the nearby El Greco motel has an average rate of $173 a night, so that might be a smoking deal. The Borgata, by comparison, is $349, so what this says to me is that, judging from the pricing, the Trop is closer to the El Greco than the Borgata. That’s food for thought.

But the Tropciana is ranked #9 on TA’s list for AC hotel, absolutely annihilating the Borgata’s new Water Club, which is really getting hammered.

Too stupid to post

While I might actually be, I hope that’s not true. I wanted to examine and deconstruct this Chronicle of Higher Education piece on stupidity in American culture (particularly among the youth), but I’m way too busy. And next week is looking even worse, so don’t expect much here. Hopefully by the end of the week things will clear up.

As far as the article goes, I’ve got one thing to say, in reference to the list of deficiencies among college students: it’s the chickens coming home to roost–half of these can be traced to the triumph of extreme relativist epistemology, while the other half I lay at the feet of scholarly torpor. It’s for reasons like these that make it a point never to ask students how the readings make them “feel.” Instead, I demand to know how they think, and try to cultivate ideas like supporting evidence and logical thought.

Just think, if I was a little less busy, you’d be getting a thousand words of that today. Small miracles, hmm?