Pros And Cons Of Online Gambling Essay

675 Words2 Pages
bulb-icon

Recommended: Positive and negative effects of gambling

With every problem there’s a solution, not a perfect one, but one with more pros less cons. Online Gambling started in 1994 on the small Caribbean island of Antigua when their government passed the Free Trade and Processing Act. This allowed for licenses to be granted to organizations who wanted to start their own online gambling company. That same year, Microgaming, the first online gambling software provider, was founded. With this came the first online poker room, Planet Poker, followed by the world famous PokerStars in 2001. Further down the line in 2005 the World Trade Organization disputed the regulation regarding cross boarder online gambling, eventually ruling in favor of Antigua rather than the USA. This allowed for everyone across …show more content…

To this day there has yet to be a poker room or casino charged with any crime related to gambling by United States residents. Whether the legalization of online gambling is positive or negative brings forth a great argument. As stated earlier, theres no perfect solution to a major problem such as this one. So let’s start with the pros. The believers in online gambling state that “Online Gambling is Regulated and Safe”, Online Gambling promotes personal freedom, it makes cheating that much harder, and lastly, it’s very easy to access and just that much more convenient. For the cons, the list just keeps growing. The few that will be covered are; “Online Gambling Creates Underage Gambling Addicts”, how bad gambling actually is for you, the addictive factor, the affects it has on families, and finally, the crime surrounding it. Online gambling has always been and always will be a huge mistake. Rather than some countries allowing it and others not, online gambling should be completed restricted throughout the …show more content…

Most will be against its restrictions for many shallow reasons such as “it’s fun”. Gambling in itself brings forth that thrill sensation. Risking, a small of amount of money for a big payout gives everyone the belief that it could be them to win the jackpot; they could be the one to get that royal flush. It’s not surprising the that the number one reason people gamble is to win money, what is more surprising is the number two reason, the social aspect. Amongst senior gamblers the number two reason they gamble is their opportunity to get out with their friends. For younger gamblers, it’s the excitement of winning. It’s the excitement of the gambling experience. Another reason people want to see the legalization of online gambling upheld is the pure convenience of having it right there at your fingertips. Whether it be the laptop or a mobile device there is access to endless game rooms around the world. There is no need to get out of bed or off the couch, that gambling excitement is there for you whenever you please. Even to buy into a game is as simple as it gets. A quick set up with your credit card information is just enough to get you

Show More
Related

  • Gambling: Changing Lives

    1682 Words  | 4 Pages

    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.

    Read More

  • Pros And Cons Of Gambling In Texas

    709 Words  | 2 Pages

    Gambling is a controversial topic that causes many arguments for and against making a wager for any reason. The lottery has been a welcomed form of gambling in Texas since 1992, it is one of the biggest legalized forms of gambling in Texas. Although many citizens question, should all forms of gambling be legalized as a means to support public education? It should not be legalized because, expanding gambling to generate funds for education could negatively impact the social welfare of individuals and families. Also legalizing all forms of gambling could increase gambling addiction, and exploit the economically disadvantaged.

    Read More

  • Texas Gambling: The Morality vs Legality of Casino Gambling

    1845 Words  | 4 Pages

    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 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 of commerce gained from casinos and tourism associated with the casinos back into the state and local communities.

    Read More

  • The Hidden Addiction of Gambling: My Prison Without Bars by Pete Rose

    2018 Words  | 5 Pages

    “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.

    Read More

  • Las Vegas Casinos & their Gambling

    1004 Words  | 3 Pages

    Gambling goes way back into 1860’s in Nevada (“History of Gaming in Nevada”). The history began around 1864 to 1931, starting with the prospectors (ibid). The prospectors were the people who brought the gaming/gambling into Nevada and made it known. However, Abraham Lincoln chose Nevada Territory Governor James Nye ,who was against gambling, encouraging the legislature to ban any forms of gaming (ibid). When Nevada became a state in 1864, the first legislature tried to legalize and regulate gambling, but they failed to do that (ibid). Since then, gambling was dramatically reduced with the operators being punished and little to no players (ibid). In 1909, Progressive Movement passed legislation , banning gaming in Nevada (ibid). Later on, a bill was introduced to legalize gambling again, but soon to fail another time (“Bill That Transformed A City”). The Legislature of 1927 considered another bill that was similar, it passed the assembly, but lost by one vote in the Senate (ibid). Around the 1930s , the bill passed the Assembly and Senate. Fred Balzar, an american politician, signed the bill and gambling was finally legal in what was then the nation’s least populous state. Soon after the gambling was legalized, casinos started to build up in Las Vegas.

    Read More

  • Gambling and its Effects

    638 Words  | 2 Pages

    The adrenaline-rushing feeling of gambling offers people the idea that opportunity lies within their hands. Unfortunately, there are far too many consequences to gambling to even begin to count. To win you must play, and to win big you must play big. As more gamblers can recall their losses rather than their winnings, gamblers are often dealt with poor hands and must play the risky game to stay alive. Even though gambling has so many faults, some still fall under its corruptions because of gambling’s deceiving fallacies.

    Read More

  • The Ethical Impact Of Online Gambling And The Entertainment Industry

    954 Words  | 2 Pages

    According to Aristotle’s virtue ethics, online gambling can promote happiness and encourage good character if used properly. It is important to note however that not all forms of online gambling are virtuous. For instance, although someone gambling small increments of money online once or twice a week can be classified as virtuous; someone who gambles excessive amounts of

    Read More

  • Problem Gambling Issues

    2053 Words  | 5 Pages

    “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.

    Read More

  • Essay On Gambling

    1040 Words  | 3 Pages

    We need to a continuous support for research on emerging challenges from gambling. In order to address the issue of gambling effectively through research, monitoring and evaluation we need to define and identify problem gamblers.

    Read More

  • Should Gambling Be Legalized?

    3928 Words  | 8 Pages

    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.

    Read More

  • Gambling: Pros and Cons

    535 Words  | 2 Pages

    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.

    Read More

  • Argumentative Essay On Gambling

    1978 Words  | 4 Pages

    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?

    Read More

  • Persuasive Essay On Gambling

    896 Words  | 2 Pages

    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

    Read More

  • Morality And Ethics: Ethical Issues Of Gambling

    1246 Words  | 3 Pages

    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

    Read More

  • Gambling Addiction

    1128 Words  | 3 Pages

    I think that if the three solutions I provided are carried out, it will make a great impact on the rising gambling addiction rate. Spending extra revenue from states that have legalized gambling to fund enough addiction clinics and programs to meet each state’s need is the first step toward decreasing addiction rates. The second step is voting to pass more ordinance and restriction laws so the gambling industry will not expand out of control and children will not have easy access to gambling machines. I think if “we” as a community work together toward getting our state government to adopt the ideas in the solutions I provided, we can set an example for other communities and in the future lower addiction rates instead of quietly allowing them to increase.

    Read More

More about Pros And Cons Of Online Gambling Essay

Open Document