Gambling In The United States

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

According to the Commission on the Review of National Policy toward Gambling, gambling in the United States grossed over $40 billion dollars in 1995 (Dunstan, 1997). Professor I. Nelson Rose describes three waves of gambling during the history of the colonies and the United States. The first of these waves began during the start of this great nation and lasted until the mid-1800s. The second wave was at the end of our Civil War and lasted until the early 1900s. Finally, the last wave started during the Great Depression and is still going strong today. I believe a fourth wave has already commenced with new technology paving the way. The new technology consists of, first and

Local legal casino gambling has gained popularity in the United States after a long history of prohibition in many parts of the country. Casino gambling was outlawed in the early 1900’s before being legalized in Nevada and the city of Las Vegas in 1931. In 1978, gambling was legalized in Atlantic City, New Jersey (casino-history.org). Las Vegas continues to dominate as the number one casino destination. Atlantic City and New Jersey have taken a hit as completion in surrounding states increases every year. Pennsylvania surpassed New Jersey as the number two casino destination in the United States in 2015 (Tisdall 2). Today, 43 states have casinos (americancasinosguide.com). Since the birth of the Internet, gambling online has grown into a new industry. Online gambling is continuing to grow to this day and is an industry already worth billions. Many of the issues in today’s society and legislatures have moved away from the issue of if casinos should be legal towards the issue of should sports gambling be legal on websites such as draftkings.com and fanduel.com.

Social Although gambling industry can bring more employment opportunities and offer diversified leisure activities for the public, it could also lead harms. ‘Problem Gambling’ is the main disadvantage that gambling produced, it may result in an increasing number of personal bankruptcy, suicide, crime and child welfare may be ignored and so on (Williams, Rehm & Stevens, 2011). Hence, the Australian Gaming Council formulated the Responsible Gaming regulation to conduct the gambling industry in Australia and reduce the existing and potential harms.

One reason why gambling should be banned globally is, gambling devastates the economy. According to Fong (n.d.), gambling causes gamblers to run out of money and incurred of debt.

Lastly, gambling has its personal benefits as well societal and economical. It brings excitement into people’s lives. The fact that gambling is an added risk into some people’s lives increases the amount of fun someone can have at a casino. According to Robert Altman, he and his wife

Gambling is seen as a psychological problem affecting millions of Americans across the country. It is estimated that 20 million Americans have or could develop gambling problems, and about half of these are young adults. Gambling is sometimes connected to spouse and child abuse, bankruptcy, mental breakdowns, substance abuse, theft, divorce, and suicide. It is estimated that people are twice as likely to be a problem or pathological gambler if a casino is within 50 miles of their home. Citizens will also experience alcohol-related problems, as the casinos will be permitted to sell or provide complimentary alcoholic beverages during all hours that they operate (Amend. 5, Sect. 10E).

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

As cardrooms and gambling facilities have grown nationwide, the issue has divided many communities. Concern has reached Washington, D.C., where the House Of Representatives have passed a bill to establish a two-year commission to study the economic impact of gambling (Correa 2). There are many arguments for and against this. The National Coalition against Legalized Gambling, or NCALG has published a table, The Case against Legalized Gambling. An argument made by the NCALG is that gambling depresses legitimate business, siphoning off money from the regular business community (NCALG). If this were true, then places like Las Vegas where the main revenue is gambling would not exist. The main source of revenue in Las Vegas is gambling. 87% of people who visited Las Vegas in 1996 gambled (PBS 2). The revenue brought in by legalized gambling can be put towards education, welfare, social security and public funds. Last year, for example, the Commonwealth of Virginia generated $331 million in state lottery revenues and earmarked it for education (Kaye 2).

Gambling can very much affect the economy. The National Gambling Impact Study Commission does studies very often to calculate how much it would cost society for gambling addicts.

Obviously, there are glaring inconsistencies with legalized gambling from state to state. Sports gambling and Internet poker are very popular among American gamblers in every state, but both remain almost entirely illegal in the U.S. There are some other gambling black markets, but sports gambling and online poker are the two primary underground markets of truly significant size. Millions of Americans skirt the law by gambling with companies based in different countries where that activity is legal. This is a lucrative market as approximately $30 billion was gambled by Americans with foreign Internet gambling sites from 2003 to 2010. Consequently, the Department of Justice and the FBI have shut down several high profile offshore gambling companies. Nonetheless, this type of activity remains readily available for American consumers as there are 85 countries with sanctioned Internet gambling.

Miller introduced the reader to the topic of gambling by giving an in-depth look into the history of gambling laws and regulations in the United States since its birth. He continued by discussing the main factors that state and federal policymakers must consider with regard to gambling laws before he details the relationship between the state and federal governments on the matter. He then distinguished between the powers of each government entity with regard to the Tenth

Gambling has some many problems and money is one of them. When people are having hard times with money they turn to gambling like it is the answer. On top that the places that people go gambling at makes the environment so comfortable that they want to stay. There are times that someone might gamble so much that they stop caring about their own health.

The economic literature is quite broad and while there is extensive data on the effects of casino gambling, economists are still torn between the questions of if “A casino typically generates more benefits to society than costs” (Walker, 2013). While more economists believe that the costs outweigh the benefits, this paper will explore current economic findings of casino gambling and attempt to offer more understanding to the effects it has on the economy.

Recently there have been a lot of studies on the subject of gambling and games play. The average uninformed individual might wonder "Why, it really is not that big of a deal?" and think that it is just a small poker game or a little bet over a sporting event. There are so many more aspects to gambling than just the little games and bets. That is just a fraction of all of the problems and crime it can be connected to. Now there are also great perks to having some forms of gambling, such as lotteries. The lotteries help out by contributing to government programs such as education, military, etc. To help people understand gambling and games play it is necessary that they learn about the history, the viewpoints, and the cold hard facts.