New podcast up

This morning I was lucky enough to get a few minutes to interview Dr. Bill Eadington, director of the University of Nevada Reno’s Institute for the Study of Gambling and Commercial Gaming.

The Institute has two programs that I think will be of particular interest to a wide audience. The first is the Graduate Certificate program, which provides a great, flexible educational opportunity for those who are looking to learn more about gambling.

The second is the 14th International Conference on Gambling and Risk-Taking, which is being held in Lake Tahoe this May. If you are at all interested in any aspect of gambling, you really should attend. Here’s a quick description:

This conference traces its origins back to 1974, and is recognized as the premier academic and research oriented conference in the world, bringing together international experts, representing a diverse array of disciplines, to examine and analyze gambling from many perspectives. Leading researchers from academia, research organizations, and governments, along with leaders and representatives from commercial gaming industries, regulatory agencies, and the helping services–as well as professional gamblers and the general public–have gathered at prior conferences to present and evaluate their research findings, discuss current trends and new technologies, and explore the changes and challenges created by the increased presence of commercial gaming to citizens throughout the world. In May 2009, the experts will gather again, near the shores of beautiful Lake Tahoe.

I’m thrilled to have had my presentation proposal accepted, and I look forward to seeing a lot of you at the conference.

This podcast episode is a real gem–short, but packed with good stuff.

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.

Thoughts on grading

One of the best parts about teaching is grading papers. Well, if you replace “best” with “worst” or “most tedious,” that’s true. I’m celebrating Nevada Day by finishing grading the midterms from ECON 411, Social and Economic Aspects of Gaming.

What, you might wonder, would be on such a test? Here are some examples:

TRUE/FLASE:
1. The house edge on most roulette bets is 5.26%
2. Roger Callois’ four types of games are agon, alea, ilnix, and vertigo
4. Multi-state lotteries began in 1967 in the United States.

ESSAY:
1. Why do some jurisdictions artificially limit gaming markets, and what are the implications for the public policy and the suppliers?
2. From a utilitarian viewpoint, is gaming good public policy? What are the utilitarian arguments in favor of gaming, and what are their limitations?
3. Does blackjack skill play really give the player a chance at beating the house? In your answer, account for the difficulties of executing skill play and house counter-measures.

But professor! you might protest, if you put the questions online, won’t some smart student just google them next year and get an unfair advantage?

Actually, all the students got the questions before the test, because it was a take home. I usually give students the questions before in-class exams, too: for short answers, I might give out 25 potential questions, pick 15, and have the students answer 10. It’s my way of focusing studying on the important stuff, rather than minutiae.

If the true/false questions look like just that–minutiae–let me explain. Since the midterm was open-book, I put these small, specific questions on the test to explicitly test student’s research abilities. While they might not remember the house edge for roulette (which is, indeed, 5.26% on all bets but one), they should remember that someone along the way we discussed this, and be able to find it in their reading (in this case, Cabot and Hannum’s Practical Casino Math).

So far, the midterms have been very good. One student not only correctly answered all the true/falses, but even gave me corrected versions of the “false” answers. That’s a lot like what I would have done as a student.

Here’s the interesting fact about grading that I usually remind my students of: the word grading is its own antonym. Peter Murphy first turned me on to words that are their own antonyms back in high school, and finding them is a great semantic exercise. Anyway, here’s my reasoning:
For a professor, to grade means to sort things by quality and/or ability. Grading separates good papers from bad ones.
For a builder, grading is the process of leveling an area before starting construction.

If you don’t believe me, check out Dictionary.com:

v. grad·ed, grad·ing, grades

v. tr.

1. To arrange in steps or degrees.
2. To arrange in a series or according to a scale.
3.
1. To determine the quality of (academic work, for example); evaluate: graded the book reports.
2. To give a grade to (a student, for example).
4. To level or smooth to a desired or horizontal gradient: bulldozers graded the road.
5. To gradate.
6. To improve the quality of (livestock) by crossbreeding with purebred stock.

You shouldn’t always use words like toys, but it’s a lot of fun.

Surveillance and Dickens

If you are in Reno on Monday, October 1 at 4 pm, I really urge you to stop by Schulich Lecture Hall on UNR’s campus for what promises to be a great talk by Aaron Santesso, a UNR English professor. The lecture is presented by the Core Humanities Program and is called

“Dickens in the Casino: Surveillance, Empiricism, and the Novel.” Here’s a description:
Casino surveillance and the Victorian novel seem like odd bedfellows — and yet one might say that every surveillance agent is a Dickens fan at heart. This lecture will look at modern casino surveillance as a system which attempts to make the individual instantly knowable, and will trace the history of parallel attempted systems in eighteenth and nineteenth-century literature, philosophy and science.

Lecture flyer (pdf)

I’ve talked with Professor Santesso about his ideas, and I think the lecture is going to be brilliant. He’s asking and answering questions that aren’t immediately obvious, but make perfect sense. If you’re in Reno on Monday, you should see this.

Bearing down on Reno

When I signed on to teach in Reno one day a week, I didn’t know what I was getting into. This morning, I got an email alert that I’d like to share:

University Police would like to inform you that two bear sightings on campus have been reported during the early morning hours of September 12, 2007. The last report was that a bear was seen near the Texaco gasoline station on Virginia at approximately 6:40 AM.

If you see one of these animals, please DO NOT APPROACH THE BEARS. CALL 911. Other safety tips include:

- Don’t try to get a “closer look”;

- Do not corner one of these bears;

- If there are 2 or more of you, stand close together to appear more imposing;

- Make loud noises, such as shouting;

- Try to avoid eye contact, as some bears find this threatening behavior;

- Don’t turn your back or run.

Remember – if you see one of these animals, please DO NOT APPROACH THEM. CALL 911.

Growing up in Atlantic City and spending most of the rest of my life in LA and Las Vegas, I’ve never had to deal with bears much. This email told me what not to do, but not what to do. Strategically retreat? I dunno. I’m heading out for lunch now, and hopefully won’t run across any angry wildlife. This sounds like something out of the Borat movie, but I imagine that it’s no laughing matter.

Still, there’s something kind of cool about a bear alert in the middle of a mid-sized American city. I wonder how often this happens.

Econ 411 at UNR

Today’s my first day of class at the University of Nevada Reno, so I’ve spent most of the day poking around campus and getting my NetID so I can log onto a computer, check my email, and see what’s happening in the world. Ergo, I will not post on any external news stories.

I never thought I’d use “ergo” in a post, but as steeped in academia as I am today it seems to feel right.

It’s nice being in a city that’s about 30 degrees cooler than Las Vegas, though I’m sure spending hours in the airport each week is going to take it’s toll. I finished most of Douglass North’s Structure and Change in Economic History on the way up (OK, I had a head start) and I’m looking to do quite a bit of reading while waiting for flights. The upshot for you? More book reviews, hopefully.

If anyone has any suggestions for a decent lunch spot on or around UNR’s campus, please email me. I had a spinach and cheese stromboli at the Overview in the student union today, and I’m not looking forward to 15 more weeks of that.

Reno, pedestrian Reno

I’m going to be teaching in Reno next semester, and from judging from this article I should feel right at home. From the RGJ:

The gaming industry is soaring worldwide but not in Reno, a leading gaming analyst told a group of young Reno business leaders Wednesday.

“This is an $85 billion industry (annually in the U.S.), but as of 1982, it was a $10 billion industry,” said Bill Eadington, director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada. “So, that is quite an expansion over that period of time.

“That’s the good news,” Eadington told a class of the Leadership Reno/Sparks. “The bad news is that Reno is not really part of this.”

Reno left out

The growth in Las Vegas tourism and the proliferation of tribal gaming in Northern and Southern California has hurt the Reno market, Eadington said. Gaming has also grown in areas such as Oregon, Washington and western Canada, further cutting into Washoe County gaming, Eadington said.

The impact of the Pacific Northwest and Las Vegas is also important, said Reno gaming analysis Ken Adams, when asked to comment on Eadington’s speech.

“Go back to 1989 and look at Northern Nevada’s feature markets — California, Oregon, Washington and Canada,” Adams said. “I’m guessing, but there is probably about $20 billion worth of gross revenue coming out of those places now.
….

“In 1989, the direction of the gaming industry in Reno and Sparks versus Las Vegas has diverged in a fairly dramatic fashion,” Eadington said. “The year 1989 is a critical period in Las Vegas history. That was the year the Mirage and the Excalibur opened, the first of the modern mega casinos.

“It is also the year Harrah’s chose to move out of Reno because Reno was too pedestrian, too parochial, too wrapped up, I think, in dysfunctional issues. They decided to move to Memphis and later to Las Vegas to be in the center of the action.”

RGJ.com: Analyst warns of gaming decline in Reno

Pedestrian, parochial, wrapped in dysfunction? It sounds a lot like Atlantic City, my hometown. Growing up surrounded by a sense that the city’s best days were behind it probably didn’t prepare me for moving to Las Vegas, which is in the middle of a boom.

Speaking of class, it’s coming along well. I’m almost finished with my lectures, and I’ve already learned a great deal about some topics that I’d previously neglected. I hope the students have as much fun as I am.

Tahoe conference is near!

Next week I’ll be at the 13th International Conference on Gambling and Risk-Taking, at Lake Tahoe, Nevada. This will hopefully be a lucky 13. It looks to be a great conference, with very interesting sessions that I’m looking forward to seeing.

I’ll be keeping busy, presenting a paper, co-leading a session on gambling research, and moderating two sessions. I’ve gotten the Powerpoint from Per Binde, who’s presenting a paper in one of my sessions, and it includes this image:
This is a mystery
That photo was attached to a Swedish newspaper article, but because I don’t speak Swedish, its meaning must remain obscure, at least until the session next week. It should be a riveting session, to say the least.

I’ll hopefully be able to post updates from the conference. At the very least, I will try to get carpet pictures.

World’s best gaming conference

I can say this without hesitation: if you want to present an academic paper on the gaming industry, the best conference for you is the International Conference on Gambling and Risk-Taking. It’s held every three years, and in May 2006 it will be in Lake Tahoe, Nevada. Here’s some pertinent information:

Call for Papers

Calling on Leaders and representatives from commercial gaming industries, academia, research organizations, regulatory agencies, and the helping services—as well as gamblers and the general public. Since 1974 to present; these individuals have evaluated research, discuss new trends and technologies, and explored the changes and challenges created by the increased presence of commercial gaming to citizens throughout the world. You can be a part of this process in 2006 by submitting one or more papers for presentation at the 13th International Conference on Gambling and Risk-Taking. Submissions are invited in the general fields of gambling and risk-taking and may cover several areas.

View the PDF Call for Papers

If you are an established professor, graduate student, or even an intrepid undergrad, this is a great place to present your research. If you are in the industry, attending the conference will give you an excellent opportunity to see what’s happening on the cutting edge of academic research.

While I don’t have anything set in stone (I’m too overworked with editing Roll the Bones to put together an abstract) I can guarantee that I will be involved, hopefully presenting a paper on the history of casino skimming (I’m looking for a co-author with a background in accoutning/business) and moderating a panel. Remember, the last absolute lock prediction I made on the site, that I would not win the 2005 New Las Vegas Marathan, came true: I finished in 3:52:11 (I still am not tired of writing that), which was comfortably behind Stephen Kiogora’s 2:11:58 .

Seriously, if you are interested in attending the conference, go here. This was the first academic conference I ever attended (as a grad student in 1997, when it was held in Montreal), and you could argue that it helped me on my current career path. So I’ve got a definite soft spot for the conference, but even if I didn’t, it’s the best place to hear intelligent discussion of gaming issues.

Guest lecturing

If you’ve called the office, I’ve been out, and for good reason. I gave a guest lecture in Bill Eadington’s econ class up at University of Nevada Reno. It was a great opportunity to talk about some of my new research in world gambling history. I think that Roll the Bones will benefit from my test-driving this stuff before good audiences.

I’ve also gotten a chance to explore Reno’s casinos (but I didn’t play keno) a little more. I’ve been lucky to have astute and helpful local guidance, and I’ve gotten to see some really incredible things. One word: Peppermill. This is the coolest casino I’ve ever seen. I took some photos, but I don’t think they’ll do it justice.

I’m also looking at the papers of Russell Barnhart, an enigmatic gambling historian, at UN Reno’s Special Collections. I guess that’s typical for me–”Hey, Dave, you get a chance to get out of the office. I bet you’re going skiing, or snowboarding, or doing something really fun.” “No, I’m looking at more gambling-related archival resources.”

If you’re a professor somewhere and want to have someone guest lecture on the history of gaming, contact me. If your university has some kind of unique resources on the history of gambling, that’s a plus, but I’ll travel just about anywhere to spread the word about the real history of gambling.