Non-stationarity of the variables can lead to a spurious regression. In order to examine the stationarity of the variables, we performed an Augmented Dickey-Fuller test with a continuous, a trend and a single lagged difference term for each and every variable. The null hypothesis of the unit root was rejected for all series with 1% level of significance, supporting their stationarity as shown in Table 2.
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Nonetheless, “Huge Bet” is principally based in the Philippines. This promises exotic nearby hue, even though the focus is on the casino and hotel planet – which in turn could somehow be anyplace. InterGaming is the leading magazine covering the international land-based casino and gaming market. Moo Sik had built up a name for himself with his decade-extended keep in the Philippines, and his ambitions knew no bounds. He named Min his boss, but Min had become much more highly effective than him. Moo Sik put a “big bet” on an additional casino, Bolton, without informing Min in advance.
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- The Philippines recorded about 3 million guests in 2009, up to 7.1 million final year.
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