Create DATA400 Mini Project Ideas

[kieransantos]

Test

[DerekChibbaro]

It would be helpful to identify the variables of interest you would like to use in your analysis and to see if you could find common ones for your comparison of different companies. You could run a model that would identify how similar different statistics are to each other and see how the companies could optimize their performance.

[ernbilen]

I remember talking with you about your data. I think at this point you should think about pinning down a particular thing your data allows you to analyze. Could be a prediction task, or inference. Also consider ethical implications of your results and why stakeholders should pay attention to your findings.

[DerekChibbaro]

I would try to categorize events based on their buy-in prices and their overall revenue numbers. You could compare different sized casinos to see if the major ones are more successful than smaller ones. Also, you could try to run a regression to see which factors significantly influence revenue values or player behavior.

[ernbilen]

• Nice research question: Compare online vs in-person betting for revenue generation
  • How much revenue would a website generate compared to a physical casino?
• Nice consideration on which games generate more revenue—Blackjack? Betting?
• Great EDA on revenue trends.
• I like the following aspect of it the post: maybe focus on slot machine design and its impact. Maybe try getting data on how much casinos invest in slot machine design vs website infrastructure.
• Nice experiment idea: Do people want to physically hit buttons or online buttons are fine too?
• Very well done with the ethics discussion, especially considering gambling can be a sensitive topic.

[ernbilen]

• great intro slide. Maybe add a hook intro? You could do really fun stuff with gambling.
• should pin down your research question.
• to scrape pdfs, use python and computer vision. So much faster.
• studying outcomes by state policy makes a lot of sense. look up "differences in differences" model, and two way fixed effects.

[ernbilen]

• A few quick sentences in the intro about the motivation of your work would help set the stage up.
• Great EDA, gambling rev as part of % of gdp.
• Any info on indirect economic activity with gambling? e.g., restaurants near casinos etc. You could turn that into a whole another project.
• I agree about excluding NV in the analyses.
• Legality age and revenue could be an interesting check too.
• Nice projection models by region.
• It's great to share personal anecdotes about casino openings and their potential impact.
• Great implications and ethics discussion.