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The Psychology of Risk-taking in Gambling among Chinese Visitors to Macau

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  • Fanny Vong

Abstract

The study attempts to replicate Zaleskiewicz's duality of risk-taking using the Stimulating-Instrumental Risk Inventory (SIRI) in the context of gambling participation among Mainland Chinese visitors to Macau. The objective was to examine if different risk-taking inclinations among Chinese gambling participants are associated with their gambling attitude, motivation and behaviour. Results found that stimulating risk-taking disposition was associated with motivations related to money, excitement, competition, challenge and a liking for risk. Stimulating risk-taking disposition was also associated with gambling expenditure. Interestingly, further results indicated that Chinese gamblers have a tendency to seek both exciting sensations as well as an opportunity to make money from gambling. Both stimulating risk-taking and profit-seeking instrumental risk-taking dispositions were associated with gambling attitude, games preference and gambling participation. Results may help to explain why Chinese are generally more serious and hard-core gamblers than their Western counterparts.

Suggested Citation

  • Fanny Vong, 2007. "The Psychology of Risk-taking in Gambling among Chinese Visitors to Macau," International Gambling Studies, Taylor & Francis Journals, vol. 7(1), pages 29-42.
    • Handle: RePEc:taf:intgms:v:7:y:2007:i:1:p:29-42
    DOI: 10.1080/14459790601157731
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    Cited by:

    1. Gu, Xinhua & Wu, Jie & Guo, Haizhen & Li, Guoqiang, 2018. "Local tourism cycle and external business cycle," Annals of Tourism Research, Elsevier, vol. 73(C), pages 159-170.
    2. Hoi Yan Cheung & Joseph Wu & Jun Tao, 2016. "Predicting domain-specific risk-taking attitudes of mainland China university students: a hyper core self-evaluation approach," Journal of Risk Research, Taylor & Francis Journals, vol. 19(1), pages 79-100, January.
    3. J. Magendans & J.M. Gutteling & S. Zebel, 2017. "Psychological determinants of financial buffer saving: the influence of financial risk tolerance and regulatory focus," Journal of Risk Research, Taylor & Francis Journals, vol. 20(8), pages 1076-1093, August.

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