Session Title
Session 3-4-E: The Effects of COVID-19 on Gambling
Presentation Type
Paper Presentation
Location
Park MGM, Las Vegas, NV
Start Date
25-5-2023 3:30 PM
End Date
25-5-2023 5:00 PM
Disciplines
Data Science | Gaming and Casino Operations Management | Numerical Analysis and Computation | Numerical Analysis and Scientific Computing
Abstract
Abstract:
The COVID-19 pandemic caused tremendous disruption for casinos, with the virus causing various lengths of shutdowns, capacity restrictions, and social distancing strategies such as machine removals or section closures. Although most of the world has now eased off these measures, it is important to review lessons learned to understand, and better prepare for similar circumstances in the future. We present Monte Carlo slot floor simulation software customized to simulate players spreading COVID-19 on the slot floor. We simulate the amount of touch surface contamination; the number of potential surface contact exposure events per day, and a proximity exposures statistic in person-hours per day, under various social distancing and cleaning scenarios. Quantitative results are presented, as well as videos of simulated player movements around the slot floor, including flagged contaminations and interactions. The economic impacts of shutdowns, diminished player interest, and capacity restrictions are also explored, leading to insights that are valuable to operators in both the COVID and post-COVID eras. A by-product of this work is that it demonstrates the economic impact of reasonable slot floor reductions is typically negligible, and sometimes beneficial for slot floor performance. An analysis on the resulting slot count optimization will be presented.
Implication Statement
This simulation study allows us to analyze slot performance from an economic standpoint, and virus spread from a health and safety perspective. The work helps operators and government entities prepare for capacity restricted scenarios by keeping their players safe and minimizing the negative economic impact to the casino.
Keywords
Monte Carlo simulations, slot floors, COVID-19, slot floor optimization
Funding Sources
Funding provided by nQube Data Science Inc.
Competing Interests
In the last three years nQube has received funding from The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) for completely unrelated work. There is no competing interest or conflict.
Included in
Data Science Commons, Gaming and Casino Operations Management Commons, Numerical Analysis and Computation Commons, Numerical Analysis and Scientific Computing Commons
COVID-19 in casinos: Analysis of COVID-19 contamination and spread with economic impact assessment
Park MGM, Las Vegas, NV
Abstract:
The COVID-19 pandemic caused tremendous disruption for casinos, with the virus causing various lengths of shutdowns, capacity restrictions, and social distancing strategies such as machine removals or section closures. Although most of the world has now eased off these measures, it is important to review lessons learned to understand, and better prepare for similar circumstances in the future. We present Monte Carlo slot floor simulation software customized to simulate players spreading COVID-19 on the slot floor. We simulate the amount of touch surface contamination; the number of potential surface contact exposure events per day, and a proximity exposures statistic in person-hours per day, under various social distancing and cleaning scenarios. Quantitative results are presented, as well as videos of simulated player movements around the slot floor, including flagged contaminations and interactions. The economic impacts of shutdowns, diminished player interest, and capacity restrictions are also explored, leading to insights that are valuable to operators in both the COVID and post-COVID eras. A by-product of this work is that it demonstrates the economic impact of reasonable slot floor reductions is typically negligible, and sometimes beneficial for slot floor performance. An analysis on the resulting slot count optimization will be presented.
Implication Statement
This simulation study allows us to analyze slot performance from an economic standpoint, and virus spread from a health and safety perspective. The work helps operators and government entities prepare for capacity restricted scenarios by keeping their players safe and minimizing the negative economic impact to the casino.