In the 1970s to 1990s, the number of casinos in Australia has been increasing which has helped the Australian economy. This is because the casino industry is one of the industries that are highly taxed as well as a popular tourist destination in Australia. The casino industry can increase the employment rate when it requires additional infrastructure and public services. Casinos have a positive economic contribution as it attracts a large number of tourists to travel to Australia for the purpose of gambling. On the other hand, casinos do have negative social impacts as studies have shown the casino industry can cause a variety of problems such as health and family problems. Australia has restricted the number of casinos to be developed as studies have shown that as gambling becomes convenient, there will be an increase in incidence rates of problem and compulsive gambling. According to the National Opinion Research Centre, $5 billion per a year would be spent on problem and compulsive gamblers. As a result, this essay will be using various articles, reports and websites to critically analyse the positive economic contributions as well as the negative social and economic impacts of the having the casino industry in Australia. Casinos are seen as a potential tourist destination in Australia. Tourists are willing to travel to other destinations to gamble since gambling is seen as a novelist entertainment when compared with other entertainment such as cinema and sports (Novak & Allsop 2009). Statistics in 2006 to 2008 showed an increase of tourists who has travelled to Australia for the purpose of gambling. An increase in tourists travelling to Australia would benefit the Australian economy as it will generate more revenue. According... ... middle of paper ... ... the purpose of gambling have increased because people considered gambling as a novelist entertainment when compared with other entertainment. The increase of tourists in Australia has helped the economy because of the revenue it generates from the tourists. However, casinos do have negative social and economic impacts in Australia. Compulsive gamblers and those who are affected by compulsive gamblers would suffer similar serious consequences as result of the casino industry. The increased in the number of casinos is the cause of gambling problems as it has made it more convenient for people to gamble. Casinos can cause significant depression, anxiety, suicide ideation and other problems. Approximately $48 million to $150 million was the social costs for problem gamblers. Therefore, casinos can be seen as either having a positive or a negative impact in Australia.
Australia has the biggest gambling losses per capita of any country in the world and that burden will soon fall upon the future young Australians.
The second threat is many states are legalizing or planning to legalize commercial casino gambling. Unlike Native American casinos commercial casinos turn over a large share of their profit to the cities and states in taxes.
Gambling is very risk and will impact on finance, family, health and job. Firstly family risk, ”spend more time gambling or think about gambling and it can be difficult to maintain a normal life, this creates stress and ha...
Expanding gambling can increase gambling addiction. Compulsive gambling addiction is a social issue that is related to gambling. In the past, compulsive gambling was thought of as an issue or behavior for adults. However, “today’s youth are the first generation to grow up in a society where gambling is legal, easily accessible, and in most cases government supported” (Monaghan & Derevensky 537). Gambling is often advertised in the media as a quick and easy way to “get rich” and is rarely seen
One of the main arguments against the legalization of any form of gambling is that it invites a criminal element into the community. In theory, legalized gambling is made available to the public, the public gambles, people lose their money and go broke, and as a result turn to a life of crime to support their families and/or their gambling affliction. A community’s crime rate is bound to shoot up after the installation of any tourist attraction, e.g. a racino. While these racinos would attract predomi...
The Great Transformation From A Casino City To a Resort Destination Atlantic City is the place to gamble on the East Coast. Although this may initially seem to be a positive characteristic, it is evident that this destination has the capability to be so much more than it already is. This point of interest has the world’s first boardwalk, which opened in 1881, has 4 miles of hotels, amusements, and casinos. Atlantic City was originally a resort town, until 1978, when it changed into a gaming city. This popular day-trip destination had over 34 million visitors in 1998 alone. Despite this amazing statistic, along with the revenue that gambling brings in, many steps are being taken in order to further promote the expansion of this great city. The renovations and improvements being made to the Atlantic City Convention Center are already increasing the amount of money coming in. There is a great deal of other things to focus on in the Atlantic City region. In endorsing local attractions in this scenic area, and in shifting the target market of this spot, this city would change back into a resort destination. When most people think of Atlantic City, the first thing that comes to mind is the casino attractions that are available. With the city’s constant shuffle and excitement, gamblers from all over go there dreaming of a big win. Many people consider Atlantic City to be the “Las Vegas of the East Coast”. There are over 12 casinos, with one building as magnificent as the next. At any given second of the day, these hopefuls may have their lives changed in an instant with just one win. These casino hotels gain most of their income from gamblers. Casinos employ almost 49,000 people every year. This number should actually jump when the Marina District opens. Although Atlantic City prospers as a gambler’s paradise, many would love to show others just how much more Atlantic City really has to offer its tourists. The Atlantic City Convention Center, built in 1929, was renovated with $72 million in 1997. With the world’s largest pipe organ, everyone from the Beatles to Pavarotti has played there. It was designated a historic landmark in 1987. Conventions, trade shows, meetings, and public events of the greater Atlantic City area all take place here. When the renovation is finally completed, it will seat up to 12,000 people for special events.
Gambling has become quite popular all over the world, but it is not free of potential problems. According to the DSM-IV-TR, the lifetime prevalence rate of adult...
Gambling has become an important part of several people’s daily lives, so much so that some people are willing to put their lives savings at risk just for the win. Gambling is something that can start out as something very small, with trips to the casino here and there, or maybe just buying a couple lottery tickets. These small things can start slowly and sooner or later, sometimes even many years later, they can add up and become necessary in life. Then without even noticing it, these issues slowly turn in to a habit and begin to take over the individuals entire life despite it being so innocent and carefree in the beginning. While the numbers of people addicted to gambling is rising, many people in the United States
The Gambling industry attempts to win support with misleading information in its promotions. For example, gambling is said to help stimulate the economy by providing more jobs. According to the American Gaming Association study, "In 1995, the casino industry recorded $25 billion . . . and paid only $7 billion in wages" (Arthur Anderson). Also according to Maura J. Casey, there is high unemployment rates around casinos. (Casey 37) With people's losses and by encouraging workers to believe in cheating customers, casinos focus on gaining more and more money for their n...
Demographic factors-A number of studies have found higher rates of gambling and problem gambling in Indigenous (Australian), Maori and Pacific Islands populations.
“Problem gambling, also known as gambling addiction or compulsive gambling, is defined as the urge to gamble despite harmful negative consequences or a desire to stop” (Northstar Problem Gambling Alliance 2015). Karen Frazier states, nearly 3 percent or 6 million adults and 500,000 teens meet the criteria for problem gambling (Frazier, 2015). Legalized Gambling has many positive aspects, and it should be noted that though a large number of citizens are considered “problem gamblers,” the majority of the population gambles causally and in moderation.
Gambling involves taking a risk. It’s something that gets our adrenaline pumping. Believe it or not, money is one of the major things that makes the world go round and some of those believe that money does indeed buy happiness in our lives. We all have heard the stories of those who have won thousands to even millions of dollars just by gambling and we instantly think that could be us. If some random person can be that one in a million, surely I can be too, right? Even though gambling is a fun thing to do, it is important to be aware of the kinds of gamblers that exist in today’s society and realize that gambling should be played in moderation. For instance, some variations of players include: The Social Gambler, The Professional Gambler, and
Gambling addiction is an issue found in numerous areas where gambling is legal. People who are addicted to gambling, also know as problem gamblers, face many health risks including depression, suicidal thoughts, loss of sleep, loss of appetite, migraine and anxiety in addition to marriage breakdown, problems at work and bankruptcy (9). About 2 percent of adults are thought to be problem gamblers (1). In today’s society this costly addiction is not often considered to be a common problem among those who gamble. Only a small amount of states in the U.S. give enough attention toward this rising problem of people that are sometimes even willing to commit crimes just to aid their addiction. In the past our government has sought out a few solutions that help those who have developed an addiction and prevent a further increase in the number of people becoming addicted. Personally, my outlook on the problem is that it needs a better solution. I think that a higher funding to gambling addiction clinics, more ordinance and restriction laws, and more prevention and awareness programs should bee brought into consideration in order to lower the amount of people who become addict to gambling.
Gambling is an addiction that draws the attention of many individuals. Gambling offers individuals the idea that if they put more money down, they will win more money. This is a continuous cycle which never fails to stop but can be extremely detrimental to an individual and their families socially, financially and mentally. Gambling problems develop and worsen over time, similar to alcohol and other drugs. According to Dunstan (1997), there are five stages of gambling. The stages of gambling range from mild to severe, which can be a threat to both the gambler and their family. The five stages of gambling are non-gamblers, casual/social gamblers, at risk gamblers, problem gamblers and pathological gamblers. Depending on the individual and how mild or severe their p...
Gambling is described as the betting of money or property on the result of an event or game that is mainly random with the desire to win more money or gain additional property. The industry or sector created by the activity of legal gambling is referred to as gaming. Since inception, gambling and gaming has continued to develop to an extent that it worth more than $335 billion across the globe. Most of the revenues obtained in this industry are generated by casinos and lotteries. In the past few years, gambling and gaming have attracted significant concern and controversy, especially with regards to the morality of the practice and whether its financial benefits outweigh the damage. While proponents of gambling