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Ethical issues associated with the gambling industry
Ethical issues associated with the gambling industry
Ethical issues associated with the gambling industry
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Legislations that legalize internet gambling are a contribution to the increase of gambling addicts because of its convenience and its attraction. Internet gambling increases the amount of gambling addicts because it makes gambling so convenient for problem gamblers to just go online anytime and start placing bets on their favorite games like, poker or sports games. Gamblers can gamble more often and quicker, which causes problems because they don’t realize how much they gamble and the amount of fun they have due the quick computer simulation that happens in internet poker games. Another way that internet gambling generates addiction is its attraction. Its attraction is a problem because it doesn’t only tempt gamblers to try this new style of gambling. It also uses pictures and advertisement to make it seem pleasant to attract unrelated people that never gamble to start, it’s proven that internet gambling’s overall presentation attracts women to become addicted and fall in debt(Lythe). Not even mentioning the organized crimes that would be provoked by internet gambling, like laundering illegal money(Morganteen). Thus, legislations that allow internet gambling would lead to negative consequences.
Casino structure is a becoming a problem itself because many little aspects in the casinos that we don’t pay attention to, can become an effort to turn gamblers into addicts. The mere fact that legislation doesn’t require many specific to be built during the construction of casinos like, not requiring windows and clocks inside the casino, is a flaw that contributes to gambling addiction. These little things contribute to gambling addiction because omitting windows or clocks in the casino, is a strategy they use to keep the gambl...
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...his Time." VegasInc.com. VEGASINC, 9 May 2014. Web. 23 May 2014.
Lewis, Edward. "Gambling Addiction Caused Man to Sell Heroin - Times Leader." Times Leader. N.p., 20 May 2014. Web. 24 May 2014.Marcelo, Philip. "Gambling Regulators Recommend Change in Casino Laws." Wwlpcom. N.p., 02 June 2014. Web. 02 June 2014.
Lythe, Ruth. "The Cynical Websites Using Pictures of Kittens and Cupcakes to Lure Women into Debt and Despair: How to Turn a Middle-class Woman into an Online Gambling
Addict." Mail Online. Associated Newspapers, 24 Apr. 2014. Web. 22 May 2014.
Morganteen, Jeff. "Pataki: Online Gambling Will Fuel Terrorism, Organized Crime.”
CNBC.com. N.p., 12 Feb. 2014. Web. 13 Feb. 2014.
Richardson, Valerie. "10 States Primed to Expand Internet Gambling Opportunities in 2014." Washington Times. The Washington Times, 05 Feb. 2014. Web. 07 Feb. 2014.
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 ...
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
Another tactic of casinos is the lack of windows or clocks. The idea is to have gamblers not look at the outside world and concentrate on what is going on inside the casino. Without clocks, and with alcohol, how can someone who doesn’t have a watch know what time it is?
... this happens quite frequently at least once a month.” This is how Rhonda Hamilton thinks that casinos helps not only her little community but also all the communities within the state and the state as a whole.
Addiction is something that may seem inevitable but at the end it’s entirely the fault of a person who is addicted. In the article by Charles Duhigg ‘the power of habit’ Angie Bachmann got addicted to gambling, it was because of her fault as she kept accepting the offers from cassino and many other reasons.. Both knew what they were doing but still Angie let herself get into the situation, and the casino encouraged it. She was a well settled housewife, when everybody used to leave the house she was all alone. One fine day, while passing through the street she took a visit to casino just for a change. “She knew gambling could lead to trouble, so she set strict rules for herself. No more than one hour at the blackjack table per trip.” (pg 247,
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.
The article, “The Power of Habit” (chapter 9), by Charles Duhigg, is about Angie Bachmann who was addicted to gambling. It all started one day when she felt so lonely that she decided to go out and play in the nearest casino. Angie started by setting rules just so she would not become addicted. As days went by Angie slowly started to break her rules and gambled more than what she should of have. Angie lost a lot of money. Although, Harrah’s casino would send her free stuff and vacation trips to get Angie to play more. Angie realized that she had a problem with gambling and went away for a time, but she went back to Harrah’s casino when her parents inherit her money. Angie lost all the money that she inherited and started to get loans
Dryden-Edwards, MD, Roxanne. "Gambling Addiction Statistics, Treatment, Disorder Facts, Causes and Symptoms by MedicineNet.com." MedicineNet. Ed. William C. Chiel Jr., MD, FACP, FACR. Web. 12 May 2011. .
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.
With so much money at stake, the average gambler does not stand a chance. against this big business. The casinos go to every length to analyze what makes a gambler bet, stay longer, and lose as much money as possible. Gamblers who come to casinos with the intention of winning money are habitually disappointed in the snare. As casino crime lord, Meyer Lansky's universal.
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.
Everitt, B. Robbins, T. (1999) Drug addiction: bad habits add up. Macmillian Magazines, volume 389, pg 567-570.
has established a set of criteria often used by other researchers looking at dependent behavior. In addition to, claims of “sex” or “food” addictions, however, have not been based in research as much as has gambling. Instead, some commentators and researchers apply the DSM criteria to the Internet and replace the word “gambling” with the word “Internet,” reaching a conclusion of “addiction” instead of “dependency,” which is the operative DSM term, and despite likely behavioral and psychological differences in the activities.
Compulsive gambling and an addiction to gambling take place all over the world. Statistics from Rehab International show that that in America, roughly 2.5 million adults are categorized in compulsive gambling, 3 million are categorized as problem gamblers, approximately 15 million adults are in jeopardy of becoming problem gamblers, and 148 million are branded to be in the low risk gambler category. There are many ways for one to gamble responsibly while saving time and money and still being able to enjoy it. The Responsible Gaming Counsel has a smart motto, “When you choose to gamble only spend what you can afford to lose.” The RGC is an independent and