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Essay on online gambling
Essay on online gambling
Essay on online gambling
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Casino Gambling Forecast
FUTURE TRENDS
Digital television promises interactivity
The following Figure shows retail sales of digital television at current prices, 2001-05.
FIGURE 41: Total U.S. manufacturer wholesale sales of DTV sets and displays, at current prices, 2001-05
Year Sales at current prices
$million Index % change
2001 2,648 100 -
2002 4,280 162 61.6
2003 6,521 246 52.4
2004 10,420 394 59.8
2005 (est.) 17,388 657 66.9
SOURCE: Mintel/CEA
If digital television is not yet a significant boon for the gambling industry, it will be soon enough. Digital television is a new broadcasting technology that is expected to transform the television experience. By banding information into digital bits, broadcasters will be able to stream more product into the home than was previously available with analog broadcast technology. Wholesale sales reached $17 billion in 2005, and a household penetration rate of 15%, according to the CEA.
The higher resolution of DTVs will result in better picture and sound quality, but what is of interest to the gaming industry is that the new space on the digital spectrum will allow for more interactive technologies. According to Congress, broadcasters will switch from analog broadcasts to all-digital broadcasts starting February 19, 2009. At that point, homes will become interactive audio and visual centers with opportunities for shopping, online banking, video games, video on demand and gambling. Next to mobile CE products and broadband technology, digital television is another frontier for the home gambling industry. One such model is the one designed by the cable network Spike TV. In 2006, the network announced the creation of Spike Casino, a program allowing viewers to gamble on games like roulette, craps and slot machines in real time and to interact with viewers in live chat rooms.
Young Hispanics are wireless and already gambling online
Hispanic population growth surged nearly 58% from 1990 to 2000—more than four times the growth rate of the U.S. population. In 2006, the 44 million Hispanics comprised 14.7% of the total population of 299 million in 2006. More significantly, the community is expected to keep growing at a strong and steady clip. By 2050, it is estimated that some 30% of the entire U.S. population will be Hispanic.
Hispanics represent the ethnic group in the U.S. that is most likely to gamble online and at home, and most likely to be very frequent visitors at physical casinos (six or more times per year) (see The Consumer section). According to the 2005 report Trends and Impact of Broadband in the Latino Community, issued by the Tomas Rivera Policy Institute at the University of Southern California, 14 million U.
Hispanics comprise California’s largest minority group. They make up 37.6% of the total population (US Census, 2011). The term Hispanic defines a population of Spanish-speaking individuals from Cuba, Mexico, South America, Puerto Rico, and Spain.
Immigration: 1 million per year, mostly from Asia and Latin America - came in search of better lives, Latinos made up nearly 1/3 of the population in CA, AZ, and TX, and 40% in NM
One of the fastest growing populations in America is the Hispanic or Latino population. Latinos’
Now in 2008 the number is over 45 million people. US Census 2008: The. The four main groups of Hispanic citizens are the people from Mexico, Cuba, Puerto Rico. and Central America.
U.S. Census Bureau, (2010). Cumulative Estimates of the Components of Resident Population Change by Race and Hispanic Origin for the United States. Retrieved from http://www.prb.org/Publications/PopulationBulletins/2010/latinosupdate1.aspx
Compared with other faux pas such as cigarette smoking and alcohol consumption, gambling is a relatively new and legal outlet for people to abuse leading to self-harm, maladaptive family structures and an eventual strain on society. While gaming has been around since the beginning of time, the last thirty years has brought about new and more aggressive marketing and with it has come new set of problems. The new world of gambling is orientated around continuous and rapid mass consumption (slot machines) focused primarily upon individuals betting in increasingly socially dislocated environments (Adams). Communities with gaming centers, race-tracks, and casino’s are often located in the poorest parts of cities and suburbs. In the United States, racial and ethnic minorities are among the groups most at risk for gambling problems (Wiggins). A random-digit-dial telephone survey revealed that 8% of Hispanics were pathological gamblers, which is four times higher than the 1.8% rate for Whites (Wiggins). From a social exchange point of view we have to ask ourselves if the risk of increased social disruption outweighs the rewards of local economy stimulation. Is it acceptable to harm the social fabric by increasing crime, bankruptcies, and social pathologies? (Chhabra)
Today, the Hispanic population has grown tremendously over the years. We have watched the Hispanics community growth rate grow faster than any other racial and ethnic group in the nation. The Hispanic culture and community has populated all around the United States, introducing new traditions and customs. I was traveling to different to city in the States, I notice the wide spread growth of Hispanic communities, For Instance in Miami the Cuban and El Salvadoran culture is heavy populate in the area. In New York the Puerto Rican culture is dominating through out the several boroughs. I have come around town and Hispanics are known for their good food, which tends to have more diverse people try new cultural customs. Hispanic or Latino Americans are a group of people made up of distinct characteristics. Hispanics or Latinos are defined as a people of Mexican, Puerto Rican, Cuban, South or Central American, or other Spanish speaking cultures.
The Latino and Hispanic culture has many differences that truly make it unique. This culture is compiled of people living in the United States but have lineage from Cuba, Brazil, Puerto Rico, Dominican Republic, Mexico, and El Salvador, and other Latin American countries (Sue & Sue, 2007). The terms Hispanic and Latino tend to be used interchangeably in the United States for people with origins in Spanish-speaking or Portuguese-speaking countries, like Mexico, Costa Rica, and Brazil. Contrary to many beliefs, Hispanic is not a race, but an ethnicity. Hispanic is a term created by the U.S. federal government in the early 1970s in an attempt to provide a common denominator to a large, but diverse, population with connection to the Spanish language or culture from a Spanish-speaking country ( U.S. Census Bureau, 2010). It is imperative to be mindful of the distinctive differences that exist within the sub-groups and between the different groups. Similarly, to the African American culture it is important to know the history of the culture.
There is no way to know that exact number of illegal aliens in our country at any given moment, but in a study done by the Department of Homeland Security, “there were an estimated 11.6 million u...
“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.
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...
As the Internet gets faster, more available and more reliable, Internet TV will grow exponentially. According to Hastings, this will be achieved by every TV will have Wi-Fi and apps. Smart TV adapters (Roku, Apple TV, etc.) will get more powerful and less expensive. Tablet and smartphone viewing will increase. Tablets and smartphones will be used as interfaces for Internet TV. Streaming Ultra high definition (4k) video will happen before the linear TV supports 4k video. Most important advancement is going to be in Internet video advertising. It will be personalized an...
In a marketing aspect, these three ethnicities have several similarities how other marketing towards them. Amongst the three minorities Asian-Americans seem to make the most money. African-Americans spend the most money music and media. Finally, Hispanic Americans spend more money on items and services that are culturally related to them.
The digital evolution began to transpire on November 1, 1998. Since then there have been many other forms of digital technology adopted by our society and digital television quite possibly is next. “The speedy conversion to digital technology will have profound interest benefits, permitting efficient spectrum use, optimizing the development of new technologies and services to consumers, and fostering diversity and competition(FCC).