Gambling : Illegal Gambling And Commercial Gambling

Gambling is becoming increasingly popular in today’s society. Major casinos and online gambling sites attract

Gambling can be found in places such as casinos, local stores, and online. Over the years, gambling has found more homes. College campuses and college sports are among the various places in which gambling is taking place. College students and more specifically student-athletes are engaging in gambling for various reasons. According to (Huang, Jacobs, Derevensky, Gupta, & Paskus, 2007)“the top 3 reported reasons for student- athlete gambling were “for fun” (75.6%), “to win money” (53%), and “for excitement (52.1%).” College students are participating in all types of gambling most of them being legal. Results from (Huang, Jacobs, Derevensky, Gupta, & Paskus, 2007) study show that “in regards to the types of gambling behavior engaged in by

There are many reasons to link financial problems and crime to the large revenues of gambling. Financial losses are one of the extreme threats and costs to the gambler. This is because

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

After vigorous years of fighting for legalization, Nevada became the first state to legalize casino gambling in 1931, as referenced on Americangaming.org. Following Nevada’s legalization were New Jersey, South Dakota, Iowa, Delaware, Maryland, New York, Louisiana and more. Today, 18 states have commercial casinos, and a total of 30 states offer legalized gambling of any kind. Gambling has transformed over the years, branching out into various games and chances. Some games include slot machines, poker, roulette, blackjack, craps, and bingo. All games have some chance of winning money, however the odds can either be in, or out, of favor. As gambling increases in states nationwide, the exposure through advertisements and offering of free giveaways has caught the eyes of people young, old and in between. Over the past twenty years, gambling has increased by ten-times than before, while the amount of pathological gamblers has remained steady. Nevertheless, although this proves that gambling addiction has not increased over time, it does not defer from the fact that gambling is not a victimless

Gambling is all around the United States, and it can be a dangerous game for families. Many casino’s find gambling as a profit for their Company, since many people from around the United States will come to their casino and try to win it big with their own money. Gambling has been around for many years and a statement made by Worldcasinodirectory.com, stated “To begin with, gambling did not originate in the US- it came to this country with immigrants from Europe, Asia- especially China, and other parts of the world.” The United States was just another victim of an ongoing addiction. By, understanding how gambling reached the borders of The United States, how a notorious gang leader started the empire of gambling, and how an addiction pushes people to their limits, can help understand how gambling has become such a demanding element in a society.

“The state Department of Health and Mental Hygiene conducted a study before the first Maryland casino opened in 2010, and published it in 2011. They found that nearly 90 percent of Marylanders had gambled, and that 3.4 percent were either pathological gamblers or problem gamblers.” (Massimo) There has been numerous stories of addicted gamblers in debt, gamblers that have lost family and friends from their addictions. There was a man $400,000 in debt, his wife threw him out of the house and told him he could not see his kids again unless he gave up gambling. Also, another gambler went on a 48 hour binge without sleeping and barely eating. A woman faced a jail term for stealing $135,000 to feed her gambling

There has been a strong demand for gambling in American, long before this country declared its independence. Playing cards were first introduced to the Native Americans by Spanish conquistadores and they subsequently made their own cards from tree bark. Likewise, card and dice games were popular among the settlers, but horse racing was arguably the most prominent form of gambling in the colonies. The first American race track was built in Long Island, NY in 1665 and many more emerged throughout the colonies, particularly southern colonies. Notably, some of our founding forefathers were fans of the sport, including George Washington who even documented his gambling wins and losses. This English tradition, dubbed the “sport of kings,” had

* Did you ever have an urge to celebrate any good fortune by a few hours of gambling?

Robert Kiyosaki once said, “Successful people take big risks knowing they might fall hard but they might succeed more than they ever dreamed.” This man is a billionaire that hit the jackpot, while gambling. He now owns eleven different businesses and he is worth over eighty million dollars. If someone could learn how to astute, they could live like him too. The articles, The Legalized Gambling Debate, Sports Betting Should be Legal, and Should Sports Gambling be Legal?, all attribute thought to this suggestion. Gambling is a feasible business as it provides revenue, sponsors education, and inspires gamblers.

Gambling in the words of McLean and Yoder (2005) "means risking something of value, usually money, on an event that has an unknown outcome." In the opinion of the authors, gambling can assume various forms including but not in any way limited to "casino games, betting on sporting events, playing bingo, buying raffle tickets, and playing lotteries" (McLean and Yoder, 2005). Over time, gambling has grown in popularity with the same being legalized in many jurisdictions across the world. However, those opposed to gambling and the legalization of the same continue to cite various reasons in an attempt to backup their assertions. One of the reasons cited by those opposed to gambling according to McLean and Yoder (2005) is that the costs of gambling easily outweigh the benefits associated with the same. This argument advances the idea that the interests of the society override those of an individual. Thus the

Gambling was present in almost every major, ancient civilization. From the Mesolithic rolling of hucklebones, to the Mesopotamian invention of the six-sided die, and finally to the Chinese invention of the card, not only did gambling survive through countless civilizations of ancient history, it evolved into a global phenomenon. Stakes on these games could range from Quadrans, the Roman equivalent of pennies, to betting an entire estate on a simple throw of the die. Interestingly, as in modern times, ancient peoples and civilizations had varying opinions of gambling. Some ignored it, some outlawed it, and some accepted it. Despite the numerous stances on gambling, one thing held true for all

There are several concerns regarding the ethics of gambling whether in an online setting or in a public setting. Gambling has many benefits for both gamblers and casinos, but it’s crucial to acknowledge the psychological repercussions of gambling as it isn’t always just “harmless fun.” We can consider the negative and positive implications of gambling on non-gamblers as well. However, how would ethical theories and perspectives differ in their approach to the effects of gambling? When people think of gambling, they usually see flashing Vegas casinos and large sums of cash. The gambling arena is much larger just as the significance of the effects gambling has on the casinos and people involved. Gambling addiction is a very prevalent factor

Then there are the race tracks. They are now legal in over four fifths of all the states in America. The owners of the track take 18 to 21 percent of money wagered. The bettor has a likelihood of winning only a 0.41 to 0.44 probability of winning. That is about one half of one percent! But, it is a well-known fact that when a man wins at gambling, he is very likely to stay in for another game—and then lose his winnings! It is no wonder that it is called “gambling fever.” It is almost an insanity which grips a person.

For thousands of years, mankind has enjoyed spending money on games of chance. Today this has developed into a multi-billion dollar worldwide phenomenon- the gambling industry.