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Do smoking bans always hurt the gaming industry? : differentiated impacts on the market value of casino firms in Macao
Zhang, Jing Hua; Tam, Kwo Ping; Zhou, Nan - 2016
secondhand smoking, smoking bans in casinos remain controversial due to concerns over the potential economic harm to casino firms … abnormal returns of casino stocks. Stocks of traditional casinos suffered abnormal losses of 0.58–3%, while the Las Vegas … themed casinos enjoyed positive abnormal returns of up to 3%. Furthermore, the authors find that low air quality in gaming …
Persistent link: https://www.econbiz.de/10011557509
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Do smoking bans always hurt the gaming industry? : differentiated impacts on the market value of casino firms in Macao (China)
Zhang, Jing Hua; Tam, Kwo Ping; Zhou, Nan - 2016
Second Hand Smoking (SHS), smoking bans in casinos remain controversial due to concerns over potential economic losses for … unexpected announcements of smoking bans in casinos from 2011 to 2015 in Macao. The analysis reveals that the announcements were … associated with differentiated abnormal returns of casino stocks. The stocks of the traditional casinos in Macao suffered …
Persistent link: https://www.econbiz.de/10011473725
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On the economic impact of international sport events : microevidence from survey data at the EURO 2008
Lamla, Michael; Straub, Martin; Girsberger Seelaus, … - 2012
Using firm-level data for up to 707 Swiss hotels and restaurants we evaluate the economic impact of the EURO 2008 soccer championship. Although aggregated macro data reveal no economic impact, we report an overall negative effect based on the surveyed companies. Notably the reported effects of...
Persistent link: https://www.econbiz.de/10009629636
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The impact of COVID-19 on Romanian tourism. an explorative case study on Prahova county, Romania
Volkmann, Christine K.; Tokarski, Kim Oliver; Dincă, … - In: Amfiteatru economic : an economic and business research … 23 (2021) 56, pp. 196-205
Europe stands first in the world ranking of tourist destinations. Tourism is at the heart of a huge business ecosystem that contributes substantially to prosperity and job creation in all Member States of the European Union. The COVID-19 epidemic puts the EU tourism industry under unprecedented...
Persistent link: https://www.econbiz.de/10012821277
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On the Economic Impact of International Sport Events : Microevidence from Survey Data at the Euro 2008
Lamla, Michael J.; Straub, Martin; Girsberger, Esther Mirjam - 2012
Using firm-level data for up to 707 Swiss hotels and restaurants we evaluate the economic impact of the EURO 2008 soccer championship. Although aggregated macro data reveal no economic impact, we report an overall negative effect based on the surveyed companies. Notably the reported effects of...
Persistent link: https://www.econbiz.de/10014164914
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Jahr für Jahr bundesweiter Umsatz von rund 3 Milliarden Euro
Penzkofer, Horst - In: ifo Schnelldienst 70 (2017) 17, pp. 39-44
Im Auftrag der Messe Düsseldorf GmbH und des Tochterunternehmens Düsseldorf Congress Sport & Event GmbH (DCSE) führte das ifo Institut eine Studie zu den wirtschaftlichen Wirkungen der Messen auf dem Düsseldorfer Messegelände sowie der sonstigen Veranstaltungen der DCSE für die Stadt...
Persistent link: https://www.econbiz.de/10011795642
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Auswirkungen des Bundesverfassungsgerichtsurteils zum Sportwettmarkt auf die deutsche Volkswirtschaft
Hornuf, Lars; Britschkat, Günter; Lechner, Robert; … - 2006
Im vorliegenden Gutachten werden auf Grundlage der Entscheidung des Bundesverfassungsgerichts zum Sportwettenmarkt vom 28. März 2006 vier Szenarien erstellt, in denen beschrieben wird, wie sich der deutsche Sportwettmarkt bis zum Jahr 2010 unter unterschiedlichen gesetzlichen Rahmenbedingungen...
Persistent link: https://www.econbiz.de/10011848292
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Gaming, states and tax revenues : the tortoise or the hare : a CGE comparative assessment of casino resorts and racinos
Lahr, Michael L.; Alvarez, Maria - 2013
State tax revenues from casinos as a share of total state gaming revenues generally correlate well with the year of … similar to casinos in Pennsylvania. It is assumed a consumer capture rate for the casino that is similar to that in …
Persistent link: https://www.econbiz.de/10011616678
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Does economic policy uncertainty encourage gambling? : evidence from the Chinese welfare lottery market
Xu, Can; Steiner, Andreas; Haan, Jakob de - 2023
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a … data on lottery sales in Chinese provinces to estimate the short- and long-run effect of EPU on gambling. Our results … suggest that EPU has a significant positive effect on gambling in the short run. In addition, we find that this positive …
Persistent link: https://www.econbiz.de/10013503360
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Does Economic Policy Uncertainty Encourage Gambling? Evidence from the Chinese Welfare Lottery Market
Xu, Can; Steiner, Andreas; de Haan, Jakob - 2023
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a … data on lottery sales in Chinese provinces to estimate the short- and long-run effect of EPU on gambling. Our results … suggest that EPU has a significant positive effect on gambling in the short run. In addition, we find that this positive …
Persistent link: https://www.econbiz.de/10014262034