Interactive Gambling Act Of 2001 (IGA)

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

Although the development of human civilization is accelerating, the gambling is one of the of the oldest entertainment industries all over the world which does not change dating back to the ancient times. Taking the United States gambling history as an example, “In America, colonial legislatures authorized 157 lotteries from the 1740s through 1776 to assist governments and other institutions. The first legal casinos of the modern era opened in Nevada in 1931. The country’s first lottery, in New Hampshire, began in 1964.” (Schwartz 43) Whatever the gambling is legal or illegal, it exists in the society for such a long history. The gambling is an outstanding and magic entertainment approach to have a leisure time or reduce the pressure from the duty work and a fast profit model for the investors from the beginning to nowadays. The trend would be sustained or even developed faster and bigger in the future.

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.

There are several solutions for gambling. The first solution is governments’ regulation. Governments have taken measures such as limiting gamblers’ access to money, introducing cashless gaming, and limiting the rate of loss (Healey, 2011, p. 14). For example, Australia have banned ATMs and EFTPOS in casinos, and set poker machine’s bet limit to $10 (Healey, 2011, p. 9). In addition, Australian governments also use financial sanctions to the states which have not taken these measures (Healey, 2011, p. 9). Furthermore, Australian government have introduced pre-commitment system which allows gamblers to set time and money limit. According to the Productivity Commission, pre-commitment system is a very effective option to minimize the negative effect that caused by problem gambling (as sited in Healey, 2011, p. 11).

Back in 1996, the explosion of online casino gambling swept the world. The United States had been a large part of this, and many gamblers had turned to online casinos for all of their gaming. For many years, these casinos continued to be played unabated. Unfortunately, back in 2006, legislation was passed that made it slightly difficult for online casinos to continue to operate. This legislation, sneaked in by piggyback through the Safe Port Act, would be named the Unlawful Internet Gambling Enforcement Act, and it became a thorn in the side of the online gambler, the online casino, and all payment processors there in.

It may not have started out this way, but Canada is now one of the more liberal places you can play your favourite online casino games. Land-based gambling is perfectly legal in the North American country, but online casino gaming is a little nastier. The Canadians themselves do not really dish out any gambling licenses to companies (save for Kahnawake, out of Quebec), but they make little to no effort to stop their citizens from playing at online casinos either. Basically, whilst the Canadian government doesn't advocate online gambling, there are no laws banning it either, so you would be doing nothing illegal by playing.

The state must first analyze problem gamblers. In Canada gambling opportunities vary from province to province with slightly different approaches to casinos and with gaming devices such as VLT (video lottery terminals). Nonetheless there is no significant difference in the rates at which problem gambling occur. Evidence does indicate that a gambling addict, like other people with addictions, will find any opportunity to gamble. This indicates that specific traits linked to an individual are more important factors with problem gambling, rather than the physical factors including how close a person is to a gambling facility, or if they have few interests or hobbies, or feel their lives lack direction. This also points to the idea that banning gambling is likelier to push problem gamblers to illegal sources, rather than controlling the behaviour. Advocates of gambling prohibition say gambling is an addiction, and often point to stories of addicts who have wagered away the kids' college fund, lost their house, or turned to crime to pay off their debts. But foolishness with our own money should not be illegal. We do not prohibit people from blowing their savings on eBay, taking out mortgages or loans they cannot afford (at least not yet), or frittering away their pay packets on

As a case study, this paper gives a detailed analysis on Zynga's business model, its

Our analysis studies the systematic and cost-effective changes Pandora made to its business strategy to gain success. It also discusses the value proposition the company has to offer; as well as compares the success and failure of companies (MailChimp and Ning) which adopted the same freemium business model (Lauden & Traver, 2016, p. 100). To conclude, the analysis explores the main factors businesses need to take into consideration before they decide to use a freemium model.

Gambling problems can create major financial problems, impact negatively on one’s family and other relationships, cause mental health issues such as depression and anxiety due to addiction, and establish exposure of national and international serious organised crime through VIP high rollers that come to Australia to gamble (Besser and Richard, 2014). Therefore it is mandatory for policy regulations to be implemented by Australian federal and state governments with the cooperation of gambling establishments in order to assist in combatting the serious issue of gambling in Australia.

Gambling is a heavily debated topic globally as each country has distinct ideas, rules, and regulations regarding its role in their government and economy. In some countries, gambling is outlawed, whereas in others it is regulated by the government. The significance of socially responsible gambling and its relationship to government policy is based on the premise that gambling addiction, like any addiction, is equal for all people no matter their race, ethnicity, or cultural upbringing. There are many proven preventative measures that can be taken in order to

This paper explores the concerns surrounding the role of gambling in the Australian community. It examines the extent to which gambling is an established part of industry at both the state and federal level and the manner in which gambling is regulated by various Australian governments. It provides analysis of both the positive and negative economic and social impacts of gambling in Australia.

Freemium business model is the new ‘hit’ business model of the moment as it is revolutionizing today’s industries. It is helping making the world a better in a way that it allows people to access tools and services that they would never be able to afford before.

It is the scandal that has rocked the online casino world, with many keeping their eyes peeled to online casino portals in order to see the latest news. Malta has for a long time been home of some of the world’s leading online casino brands, but a corruption investigation into money laundering has threated to bring it all crashing down. In the wake of the Malta Gambling Authority (MGA) has spoke up to say that they wish to reform the industry on a whole later this year.

The denotative meaning of gambling as defined by the online dictionary “is the activity or practice of playing a game of chance for money or other stakes” (Dictionary.com). Online video game is “a video game which is or can be played over a computer network (now usually the Internet); (later) especially one enabling two or more players to participate simultaneously from different locations” (oxforddictionaries.com). It is imperative to indicate that gambling is an online video game in this regard. Therefore, the connotative meaning of online video gambling in relevance to the above definitions is the perpetual playing of a game of probability for money over the internet with other players participating in the game simultaneously from different location around the world. For one to become a player of the game; an investment usually in the form of money has to be made, and this is where the effects of playing this game come into play-both positive and adverse. Online gambling has not affected the players, but it has also over the affected and changed the traditional casino as to be discussed in the later part of this paper.