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Effects of legal gambling
Legalize online gambling
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Gambling On The Internet
Gaming sites are growing almost daily on the internet as more and more people are seeing the profitability of online gambling. Sites range from bingo to proffessionals giving strategies to poker and blackjack and every other casino game you can think of. With the ever present lure of the big payout and the ease of wich anyone in the world can access these online gambling sites the popularity of these sites has gone through the roof. But with the onset of government regulation is the future of online gaming a sure thing.
Online gaming has been somewhat of a hot topic in the news lately. The government is trying to decide how to go about regulating it. Senator Jon Kyl (Rep. Arizona), who championed the Internet Gambling Prohibition Act, got it overwhelmingly passed in the senate, in spite of a report by the Justice Department criticizing the bill for being inconsistent and overly broad.. One of the first of these companies to be affected by this new law was Bohemia, a New York based company. The New York attorney general seized all of Bohemia' assets and blocked a $750,000 wire transfer to an offshore account in Antigua. With government crackdowns like these and the outlawing of gaming sites in the United States, online gambling companies are running for the borders..
Feeling the heat in the United States online gaming companies had to relocate, with some going to Canada but many more finding a haven in the Caribbean. Long a hoitbed for psychic hotlines, telephone sex lines, and sports betting operations the Carribean islands and internet gaming were a perfect match. With Carribean governments posing no laws against online betting and the relatively cheap $i00,000 or so fe...
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...and pages of online gambling sites to get to any sites that adress problem gambling. One site I did find was Gamblers Annonymous. The gamblers anonymous is a twelve step program similar to that of Alcoholics anonymous, the web site displays the twelve steps that need to be taken to help you curb your gambling addiction. With the ease of access to gambling online there is a very good chance that a rise in problem gambling may occur in the future.
I believe that the future of online gambling is secure. The government really wants to ban it but at this point I do not see the possibility of this happening. Internet gaming crosses too many national borders for the united states government to put an end to it. People are always going to find a way to do the things they want to do, the popularity of internet gaming makes it a sure thing in the years to come.
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.
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.
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
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...
In this paper, I will discuss my understanding of the differences between problem and pathological gambling as well as the differences in treatment. Research states that gambling began in the early 1600’s to the mid 1800’s (library.ca.gov). My readings have revealed that gambling, which can be defined as a game in which one can “win or lose money or possessions” (Merriam-Webster, 2015) initially started out as a form of recreation, however, in time it developed into a problem for some individuals.
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 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. .
“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 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.
Advances in technology over the last several decades have had major impacts on the entertainment industry. For instance, as gambling has made its shift onto the Internet, there have been a number of moral and ethical issues that have arisen. Whether its people playing underage, people committing acts of fraud, or people becoming addicted, online gambling presents many dangers to its participants and the rest of society. Although there are several problems with online gambling, there are also many positive features associated with this new phenomenon.
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.
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.
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...
People suspect the growth of this competitive scene is due to the gambling aspect of gaming. In 1994, the Kiplinger Washington Letter stated, “Gambling will be the fastest growing industry of the Nineties.” This statement is very true and applies to competitive gaming as well. As soon as you enter the world of competitive gaming, it's nearly impossible to leave. The industry of competitive video gaming has been up and coming, but now it is at it's peek. The world around us is changing every day, similar to the world of competitive sports, but the world of competitive gaming is here to stay.