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Gambling and its effect
Gambling and its effects essay
Gambling and its effects essay
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Recommended: Gambling and its effect
Patrick Johnson
Professor Berkowitz
EBS-021, Research Paper
12/8/15
Gambling is a big controversy that concerns about whether or not states should allow it. The pro argument generally suggests that casinos help boost the economy. However, the other side of the argument believes that casinos lead to gambling addiction. During the early twentieth century, gambling was prohibited in the states. Nevada was the first state to legalize gambling in 1931. Forty-seven years later, people approved the construction of casinos in Atlantic City and New Jersey became the second state to legalize gambling. To this day, Hawaii and Utah are currently the only states where gambling is not legal. Since the early 1900’s, casinos have rapidly increased from suburbs to rural areas all over the country (Schwartz 1). Where gambling and casinos originated from is unknown. Casino di Venezia was the first casino to be very well known, and was started in Italy during 1638. Gambling consists of games played for a chance of money while placing a bet. Gambling addiction is a disorder in which a someone constantly gambles from
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People who do not support gambling believe that it holds negatively significant social costs. Individuals can create debts that prevent them from being unable to support themselves and their family. These costs go from the gambler, to family members, friends, and many others. It is said to cost areas around thirteen thousand dollars each year for every compulsive gambler. Gambling is not a drug, but very similar to drug related activity. Opponents suggest that if states are going to support gambling, they should at least use the additional gambling profit towards helping those with gambling addiction. States do use some of their gambling profit towards addiction, but it is a relatively low number (Gambling
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... Who does not like to gamble? People play lotteries, bet on sport games or try their luck on slot machines with a thought to win some amount of money. In fact, this excitement for gambling can be seen even from early ages; for example, ancient Egyptians used to play dice in 2000 BC or the first casinos opened their doors to customers during the Greeco-Roman period ( Whittaker and Cushman 1 ). Nowadays casino industry is a large business in the United States that brings high revenues and offers various entertainment that attracts people from different areas. So just recently residents and visitors of Worcester, Wicomico and surrounding counties got a great opportunity to try themselves in a new Ocean Downs casino that came into operation couple months ago. Ocean Downs casino is an excellent benefit to the community that helps to improve the economic and social status of the county and also serves as a great entertainment for the adult population.
Gambling can have adverse effects on the social welfare of many individuals and families. Gambling can increase the number of individuals and families dealing with gambling addiction and exploit individuals and families who are economically disadvantaged. Under such circumstances, not all forms of gambling should be legalized. This is clear evidence that gambling revenue allocated for Texas schools is not worth the negative effects associated with gambling. Education is a valuable source of growth for all citizens in a community, no one in society can truly grow if one part of society is left
Did you know If your children watch football matches on live television they also consumed around 50 separate episodes of sports betting marketing from television and stadium ads, to footy jumpers and even the live commentary.
For years casino gambling was portrayed in the media and Hollywood as being associated with criminal activities and the mafia. Now with proper scrutiny and government regulations casino gambling has become a lucrative business, with casinos stock even trading on Wall Street. Casino gambling is an ever increasingly popular and legal activity in many states throughout the United States. “The term gambling or ‘gaming’ as the industry calls it, means any legalized form of wagering or betting conducted in a casino, on a riverboat, on an Indian reservation, or at any other location under the jurisdiction of the United States” (National Gambling Impact Study Commission Act). States that allow casino gambling benefit vastly by re-incorporating the taxation off of commerce gained from casinos and tourism associated with the casinos back into the state and local communities. Jobs created by casinos also have a positive impact on the economy in local communities surrounding casinos as well as, the states that legalize gambling. Texas, while allowing horse and dog racing, lottery, and charitable bingo, does not currently prohibit casino gambling. In this essay, I will provide the different reasons the State of Texas will benefit from legalizing casinos gambling. By not having casinos, Texas continues to lose valuable tax revenue that could be awarded to state and local government funded programs for example, education, public safety, economic development, and infrastructure improvements. With the increasing number of legal casinos in bordering states such as Louisiana, New Mexico, and Oklahoma, the loss of tourism and tax revenue is a growing concern for Texas. Passing legislation to allow casinos in the State of Texas will help fund ...
“Unfortunately, gambling and winning don’t often go hand in hand.” Pete Rose – My prison without bars. Gambling should be a recreational past time, and to many people it is just that. To an estimated 2% - 3% of Americans it is a major problem in their lives. They are pathological gamblers; some studies indicate they spend around $5 billion dollars annually on gambling. When gambling becomes a problem it impacts that person’s social, emotional and financial life. Legalized gambling in America is creating a wide spread problem, pathological gamblers cannot resist the irresponsible urge to gamble, even though the impact could ruin their marriage, their job and financial security. The sad thing here is a person can very easily hide the fact they are losing control of themselves when it comes to gambling, at least for a while. When family or friends do finally realize what is going on. The gambler has a full blown addiction.
There are many reasons why people gamble and what the advantages and disadvantages are of risking your bank account on the roll of the dice or the luck of the draw. I originally set out to try and explain why people gamble, but I realized that gambling is just as much of a business or industry as anything else. I researched Foxwoods casino, in CT, and the business behind that. From there I will attempt to explain the “cause and effect” of gambling. Gambling has made much more sense to me now, and I hope it will do the same for you.
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...
"Gambling Addiction and Problem Gambling: Signs, Help, and Treatment." Helpguide.org: Expert, Ad-free Articles Help Empower You with Knowledge, Support & Hope. Web. 12 May 2011. .
Should Gambling Be Legalized? Over the past twenty or so years, great wealth and improved economic and social conditions have been promised to the communities that have embraced legalized gambling. However, with twenty years of experience it is time to. look back and analyze whether this is true or not.
Gambling has been around since 2300 B.C. It has its positive and negative effects; it also has somewhat of a positive impact on the economy. It stimulates most communities by creating jobs and generates tax revenue for state and local governments. The gambling industry in “2002 and the commercial casino industry provided 350,000 jobs in the United States” (americangaming.org). Even though gambling can bring a lot of economic growth to the economy there is still an argument going on today whether it is a great choice to legalize it everywhere.
As individuals, we are responsible for ourselves, including the decisions we make. However, with the temptations of making “easy money” and the dreams of hitting that million-dollar jackpot, these decisions make it hard for individuals to resist, which traps them into making poor decisions. With today’s economy, individuals are susceptible to mounting pressures from finances, work and a fast paced lifestyle. Even though these are everyday factors in our lives, they contribute to our stress level. Many times it is drugs or alcohol that individuals turn to, but there is also another very addicting behavior that many people turn to, gambling. There has been a rise in pathological gambling in the past 10 years and it is only increasing. With this fact, gambling is only banned in two states in the whole United States of America. What are the problems associated with pathological gambling and is the government and casinos acting ethically by propagating such an addicting act?
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 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
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.