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ABSTRACT
This study uses a formative modeling approach rather than the more common reflective modeling approach to operationalize residents’ perceived benefits/costs. Partial least square structural equation modeling was adopted to model the predicting effects of perceived benefits/costs on residents’ support for casino development. Additionally, the mediating role of satisfaction with life was examined. Drawing from a survey administered to 1047 Macao residents, this study reveals that only perceived economic and environmental benefits affect support for casino development. The mediating effect is not confirmed. Meaningful implications are provided for policymakers and casino operators.
Acknowledgments
We would like to thank the anonymous reviewers for their constructive comments on improving an earlier version of this paper.
Additional information
Notes on contributors
Lawrence Hoc Nang Fong
Lawrence Hoc Nang Fong, PhD, is Assistant Professor, Faculty of Business Administration, E22-3086, University of Macao, Avenida da Universidade, Taipa, Macau SAR(E-mail: [email protected]).
Davis Ka Chio Fong
Davis Ka Chio Fong, PhD, is Associate Professor, Faculty of Business Administration, E22-2043, University of Macao, Avenida da Universidade, Taipa, Macau SAR(E-mail: [email protected]).
Rob Law
Rob Law, PhD, is Professor, School of Hotel and Tourism Management, The Hong Kong Polytechnic University, 17 Science Museum Road, TST East, Kowloon, Hong Kong SAR (Email: [email protected]).