Gambling Affect The Economy

Finically this can destroys lives, result in depression, suicided fatal to those who cannot or refuse to find help due to lack of services in local area, also un-responsible people who serve in gambling areas, or events who neglect to follow procedures or polices on offering help or information where to find it can lead to distress families, as before other health related issues such alcohol, drug abuse lead to physical abuse from lending money, this all down to RESPONSIBLE SERICE OF GAMBLING, we all must follow our training, keep up to date on procedures and new laws and

The growing industry of gambling creates revenue from taxes, but is it really profitable? Smith-Christopher claims “the total amount accounts for less than a quarter of the gambling industry revenues nationwide each year.” It can be said that gambling can help economic progress, “Nearly half of all tribal gaming enterprises earn less than $10 million in annual revenue, and one-quarter earn less than $3 million each year. On the other end of the spectrum, about 40 tribal casinos (or about 1 in 10) take in two-thirds of all Indian gaming revenues” (Smith-Christopher). The economic benefits that gambling creates may outweigh the addictions it may create. Walker claims, “As gambling expands, the gambling industry and government are beginning to

Some of the negative impacts are that casinos bring crime, creates addicts, and brings more traffic to the community. Many people believe that casinos will bring crime to the area that the casino is located which may be true but in most cases, there is no new crime that hasn’t already been going on in that community. Casino owners realize that having a casino may bring crime but they take the suitable steps to make sure that it doesn’t happen in the community. Depending on the location some casino may bring more traffic, the community needs to understand that it may bring more traffic but the result of more traffic or an increase in population is bringing revenue to that community and helping local business owner such as gas stations, restaurants, local hotels/motels, and shopping more profits. Many different things in the world have addicting qualities. Just because some people cannot control themselves when it comes to gambling that doesn’t mean everyone should be punished. “The solution is not limiting the freedom of others because of the problems of a few. The solution is helping those who suffer from compulsive gaming to recognize their problem and learn how to deal with it” (Basham). Things such as video games, watching television and fast food can be addicting. They all have their own place, but the clear majority of people can control themselves. In the case

Gambling has been a popular activity in the United States from the 1600’s to the present day United States. As gambling grows as a worldwide enterprise, it expands the United States with the opportunities it provides and the attention it consumes. Gambling as a whole benefits different recreational activities and events such as sports. Gambling also allows people visiting places like Las Vegas to enjoy playing poker with friends and even winning money after a game of poker or Slot Machine. Gambling allows many activities to be expanded to their full potential and offer people the full

Tourism plays a very important role in the economy. It contributes greatly to the income. One way of attracting tourists is through gambling. Almost every year, gambling continuous

From this study the economic impact of gambling helped unemployment to decrease. People got off welfare and got a job, then bought health insurance. The Legalizing of gambling would help the creation of new jobs which would drop the unemployment rate that would give more revenue to the state which is a positive effect.

Gambling can be very beneficial for the state, as it generates large amounts of revenue. It is a popular source of entertainment for the majority of the adult population, but at the same time, is a dangerous one. Gambling can take over peoples lives, deeply harming themselves and those they are close to. This essay will discuss what state policy should be on gambling by weighing the benefits and costs it has on both the state and the general population. First, this essay will explore why gambling should continue to be a legal source of entertainment. Next, it will examine why gambling must be regulated more than it currently is. Finally, it will analyze potential policies and regulations that the state should implement in an attempt to decrease

Middleton and Latif write about the government’s plans to establish casinos in the United Kingdom and that more thought should be put in to the potential health effects it may cause. Both define problem gambling and the effects on one’s physical, mental and social well-being.

Casinos bring a local economy a new tax source and new jobs but it is crucial to look further to see if casinos boost the local economy. In one article the writers state the benefits of the new casino including new jobs and investment. Felsentein, Littlepage, & Klacik (2000) then explain that many casino jobs however require some specific training. This means many employees commute to work. Also some of local casino employees leave previous jobs in community to come work in the casino. The casino is not creating for the local economy if workers are commuting or leaving old jobs (Felsentein, Littlepage, & Klacik, 2000)

The Texas state legislature has been approached with a proposal to expand casino gambling within the state. In the early 20th century gambling was outlawed in the United States. In 1931 Gambling was legalized in the state of Nevada particularly in Las Vegas. Casinos have been springing up all over the nation since then in cities such as Atlantic City, New Jersey, Biloxi, Mississippi, and Shreveport, Louisiana. Casinos have been known for being a big money industry. They can boost the economy through job production, tourism, and tax revenues. The casino industry is known for bringing in billions of dollars to local economies. Casinos can also bring problems to their cities. They can bring crime and have negative social impacts in the regions

In my opinion, gambling will continue to be a severe problem unless the community can take down all the casinos in Sioux City. Gambling is a serious problem, for you may end up not having money anymore and could become homeless. Also, while having a gambling problem, people may be visiting more casinos than spending time with their family. For example, if casinos were no longer in Sioux City, it would help people realize hanging out with your family is more important than gambling. Furthermore, if you apply for a job and the manager found out you have a gambling problem, you may become fired. Proceeding, having a gambling problem will not help people succeed in life. In summary, I believe that having no casinos in Sioux

Specific Purpose: To argue against how gambling should be allowed in all cities because it helps generate more income, allows for more jobs and helps struggling cities.

In the early 1930s, gambling was legalized throughout the state of Nevada and casinos began to flourish (Dunstan, 1997). The economic growth in Nevada, especially the city of Las Vegas, has improved tremendously by the creation of casinos. Many people were employed since the operation of casinos requires a huge amount of labor, skill, and expertise. In addition, local retail sales also increased from casinos when gamblers visit the stores to spend their winnings on various items and products (Garrett, 2003). As a result, many state governments began to legalize casinos in order to boost their economies and increase employment. As of today, there are roughly 1500 casinos in the United States and they generate almost 65 billion dollars in revenue (“Facts on U.S Casinos” 2013). However, casinos use immoral methods to achieve this incredible feat of big profit with few government interventions. While the city of Las Vegas becomes more prosperous than before, many citizens lose their fortunes or even lives by the immoral business practices implemented by the casinos. Even though the

Utilitarianism suggests that the act that results in the greatest amount of happiness for the greatest number of individuals is the option that we should choose. Whether gambling should be deemed as an ethical or unethical act depends entirely on the consequences and benefits gambling has on casinos, gamblers, and non-gamblers. If gambling results in the overall increase of a casino’s profit and the overall increase of a gambler’s profit and mental health, then the act of gambling would be considered ethical. However, if the act has more negative implications than positive, then the act of gambling would be unethical. For example, it would be unethical if the transaction between casinos and gamblers was rigged solely for the casino 's financial benefit while exploiting those who gamble there. The significant concern of this paper is not to point a finger at casinos and other gambling mediums as a means to blame them for the mental conditions of those who we’d consider as gambling addicts. Instead, the point of this paper is to acknowledge the effects of gambling and propose the importance of responsibility. I will present an unbiased view of gambling, paying close attention to the psychological effects and motives individuals have regarding gambling at casinos. Also, I will look at the positive results associated with having a successful casino business, so that allowing gambling is ethical from a utilitarian point of

Research suggests that for every problem gambler there are 10 to 17 people around him that will be negatively affected.[iv] Excessive spending on gambling can have serious consequences for the gambler's family. For the most part, bills and necessary expenses are not paid and the burden will fall onto the spouse or children.[v] There can also be a negative impact on the gamblers' work environment. If the gambler is not focused or absent from work, he may be fired which could add to his financial difficulty that started with his gambling habit. Crime is sometimes used to support gambling habits after bank accounts are exhausted.