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Seasonal patterns in slot-machine gambling in Germany
Authors:Csilla Horváth  Andreas Günther  Richard Paap
Institution:1. Department of Strategy and Marketing , Radboud University , Nijmegen, The Netherlands c.horvath@fm.ru.nl;3. Department of Strategy and Marketing , Radboud University , Nijmegen, The Netherlands;4. Econometric Institute, Erasmus University Rotterdam , The Netherlands
Abstract:Although several aspects of gambling have been thoroughly investigated, little is known about the effect of seasonality on gambling. This study investigated the seasonal patterns in slot-machine usage, based on a unique data set of slot-machine usage from a German gambling centre using time series analysis. Knowledge of seasonal slot-machine usage patterns provides useful insights for researchers, gambling centre managers and legal authorities. Slot-machine gambling activity appears to be highest in November, when poor weather is compounded with lack of entertainment activities and lowest in December, when ample entertainment possibilities may distract people from gambling. The estimated daily and weekly seasonal patterns support the self-control literature, which suggests that self-regulatory failures are more likely when people are more tired; after work, or late in the evening. The high variation in gambling during winter implies that the availability of alternative entertainment activities may have an important influence on slot-machine usage.
Keywords:electronic gaming machines  quantitative  gambling  Europe  empirical
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