College Student Gambling: Examining the Effects of Gaming Education Within a College Curriculum

Gustavo, N. (2013). Marketing management trends in tourism and hospitality industry: Facing the 21st century environment. International Journal of Marketing Studies, 5(3), 13-25.

Maria Ransom Strayer University Alexandria Campus Professor: Jennifer Gallagher HTM 100 - Principles of Hospitality and Tourism Management February 3, 2012

Robert Ford, William Heisler and William Mccreary Cornell Hospitality Quarterly 2008 49: 191 DOI: 10.1177/0010880407306361 The online version of this article can be found at: http://cqx.sagepub.com/content/49/2/191

Michael Wonnell is a recent graduate from Valencia Community College located in Orlando, Florida. He earned his Associate of Science degree in Hospitality Management. He is continuing his education attending Rosen College of Hospitality Management. He is a junior working on his Bachelor’s degree in Hospitality Management with a specialized track of Theme Park and Attraction Management. Michael is not only motivated and committed to his studies at Rosen College of Hospitality Management, but his employment with Universal Orlando.

While Gambling is legal in The United States, each state has their own decision to regulate or prevent play it. From this, we can define that gambling is not an essential revenue in the U.S. On the other hand, some have a perspective about gambling as it is a huge tool to grow the economy. For example, Las Vegas is a big market of casinos, in 2016 it raised the revenues with more than 10.7 billion (The Statistic Portal, 2017).

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Theoretical Framework. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Research Questions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Limitations of the Study.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Delimitations of the Study. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Role of the Researcher. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Organization of the Study.

23 3. RESEARCH APPROACH AND METHODOLOGY ...................................................... 24 3.1 Research Process ............................................................................ 24 3.2 Research method ............................................................................ 25 3.3 Reliability and Validity ..................................................................... 26 4. EMPIRICAL STUDY ..................................................................................... 26 4.1 Result of the research and analysis ...................................................... 28 5. FINDINGS AND SUGGESTION ......................................................................... 37 5.1 5.2 Finding ..................................................................................... 37 Suggestions ................................................................................ 37

Table of Contents Table of Contents…………………………………………………………………….….....i Abstract.……………………………………….……………………………………...….iii Chapter I………………………………………………………………………...………....1 Introduction…………………………………………….………………………….1 Background and Significance...………………………………...…………………3 Problem Statement……………………………………………………………...…5 Purpose…………………………………………………………………………….5 Research Questions………………………………………………………………..5 Conceptual Theoretical

1 1.1 BACKGROUND .......................................................................................................................... 1 1.2 RESEARCH PROBLEMS ........................................................................................................... 3 1.3 RESEARCH OBJECTIVES ......................................................................................................... 4 1.4 RESEARCH METHODOLOGY AND SCOPE .......................................................................... 5 1.5 STRUCTURE OF THE STUDY .................................................................................................. 5 CHAPTER 2: LITERATURE REVIEW .................................................................................... 7 2.1 INTRODUCTION ........................................................................................................................ 7 2.2 CAPITAL STRUCTURE ............................................................................................................. 7 2.3 FIRM PERFORMANCE ............................................................................................................ 11 2.4 HYPOTHESIS AND EMPIRICAL MODEL ............................................................................ 12 2.4.1. Model 1: The Leverage Model

Gambling is the activity or practice of playing a game of chance for money or other stakes. Activities that are considered gambling are betting on sports and races, lotteries, card games like blackjack and poker, and casino games like slots and roulette. Bingo and raffles are technically gambling, but there are no major concerns about them, so they are not included here. Though gambling is legal within many states, it is does not make it right for people to engage in such activities. This is especially important, since gambling among college students is constantly growing with the rise of internet-based gambling. According to Carmen Messerlian more than ever, the opportunity to be exposed and to engage in gambling activities for students is present. This is of particular concern, due to the fact that college student develop gambling problems at about twice the rate of other adults.

1.1 1.2 1.3 1.4 1.5 1.6 1.7 PURPOSE OF THE STUDY ............................................................................ 1 CONTEXT OF THE STUDY ............................................................................. 1 PROBLEM STATEMENT ................................................................................ 4

3.1 Methodology ............................................................................................................................................................... 21 3.2 Research Design and Method ............................................................................................................................... 21 3.2.1 Primary Research ................................................................................................................................................................. 21 3.2.2 Secondary Research ............................................................................................................................................................ 22 3.2.3 Research Subjects ................................................................................................................................................................. 22 3.2.4 Research Subject #1: Large Telecommunication Company (LTC) ................................................................. 22 3.2.5 Research Subject #2: A Mid-Sized Securities Firm (MSF) .................................................................................. 23 3.3. Research Strategy

Gambling is risking money or something of value on uncertain events driven by chance. Most people see gambling as just another form of fun. Gambling often becomes a sensitive issue for the gambler and their family. This is especially important to consider, since the practice of gambling among college students is constantly growing with the rise of internet-based gambling.Though gambling is legal in many states, it does not make it right for people to engage in such activities. Gambling has a number of negative effects that make it different from other challenging activities. Gambling can affect student’s physical and mental health, finances and relationships. There are more disadvantages than advantages to have legalized gambling among college student. This is of particular concern, due to the fact that college student gamble because of the pressure, the excitement it brings and to relieve feelings of depression.

Hospitality and Tourism (H&T) industry play a significant role in the global economy due to many countries are increasing open up their borders to join the wave of global integration and the development of the hospitality and tourism industry has become a source of substantial foreign exchange revenues for the economies (Giap, Gopalan, & Ye, 2016). Hospitality and Tourism industry is a vast group of businesses that provide services to customers. By proving this kind of service, hospitality and tourism industry should focused on the satisfaction of customers and also providing the specific experiences for customers. Thus, hospitality and tourism industry is unique because it relies heavily on the discretionary income and free time.

Gambling is the activity or practice of playing a game of chance for money or other stakes. Activities that are considered gambling are betting on sports and races, lotteries, card games like blackjack and poker, and casino games like slots and roulette. Bingo and raffles are technically gambling, but there are no major concerns about them, so they are not included here. Though gambling is legal within many states, it is does not make it right for people to engage in such activities. This is especially important, since gambling among college students is constantly growing with the rise of internet-based gambling. According to Carmen Messerlian more than ever, the opportunity to be exposed and to engage in gambling activities