Internet Gambling and Its Effects Essay

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

Up to 90% of adults in Australia have gambled at some point in their life.more statistics The promises made, were lies, and the same errors relapsed over and over again.We will be waiting when you can tell yourself there’s so much more to life than just gambling.We will be waiting for you gamblers to take a step back and think about the love ones whom you are destroying, but when will this happen? and will it not re- occur?. We now so well the difficulties in limiting money and/or time spent on gambling, which leads to adverse consequences for the gambler, their family or friends and for the community. The latest research suggests that about one per cent of the population has a gambling problem. These ranges from increasing levels of debt,

Gambling affects the person doing it and anyone who is close to them. Through personal experience getting hooked on gambling is mainly from the action and thrill of everything associated with gambling. When gambling they are part of the action and not just watching people play a game for money.

Economic The Australian gambling market is remarkable in the world’s gambling industry. It has already been mature and showed a very strong growing momentum with 2.9% annually over the last five years, and it was predicted that the growth rate would be constant in a medium-term period. (Sudarsanam, 2011)There are four categories of gambling activities. Gaming is the largest type with the annual turnover over $10.2b, and other three types are Casino, wagering and lotteries, and the annual turnover was $3.2b, $2.6b and $2.1b respectively. (Sudarsanam, 2011)

Since the actions of the major online gambling sites promote, and will continue to promote, usage by individuals in states that outlaw online gambling, the sites should be illegal on the federal level since they violated the UIGEA.

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

Instead, it made it a federal offense, punishable up to five years, for financial institutions to process payments for companies operating in “unlawful Internet gambling.” Sports gambling operations are the only businesses specifically mentioned as “unlawful Internet gambling” within the UIGEA. Otherwise, the rest is left to wide interpretation. Under the UIGEA, games of chance are considered “unlawful gambling,” but no specific games were cited. There certainly is a valid argument to be made for prohibiting games of chance over the Internet, but the authors of this bill ruined their credibility by appeasing state lottery lobbyists. Yes, lotteries received an exemption from the UIGEA even though they are completely subject to chance. Likewise, lobbyists corralled exemptions for fantasy sports, dog racing, and horse

The concept of gambling has been around since the 1600’s when the original thirteen colonies had their own individual lotteries where people viewed gambling as a “civic responsibility” to play. These lotteries helped establish multiple universities such as Harvard, Yale, Princeton, and William and Mary. Gambling has been legal and then banned several times in three different eras; the first era in the 1600’s to mid-1800’s, the second in the late 1800’s to early 1900’s, and finally the mid 1900’s to present day where some types of gambling remain legal. Throughout multiple decades, people have constantly bickered back and forth stating their opinions on what defines gambling, and if it should be illegal or legal. More importantly, all types of gambling should be legalized in the United States since multiple types of gambling already exist and are considered legal, it’s improper to permit some and leave others out. Moreover, gambling stimulates the economy by bringing tourism to the area and creating jobs for those in need of one, as well as, making revenue from taxes, benefiting the state and local government.

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.

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

Gambling is one of the fastest growing industries which are a major entertainment and tourism industry in the United States. It is playing a game of chance and probability for stakes and occurs in many forms such as casinos, lotteries, stock market, bingo parlors and slot machines. It not only takes place on casinos, but nowadays, you can do gambling through the internet. Gambling also includes betting on a horse or car race or can be sports betting. It is also the cause of extensive harm for problematic gamblers alongside with their families, loved ones and especially the community they live in.

The growing industry of online casinos today is a problem most rookie bettors face. With the overflowing list of casinos coming their way, it can be difficult to settle on a brand and narrowing the list down can be a demanding task. In addition to this, it is true that dangers in this industry are aspects that will never leave the minds of bettors, and these are elements all individuals must be aware of before engaging in any form of wagering.

      Ordinance laws are state laws that protect areas and buildings from having gambling machines. Without enough ordinance laws, it can be legal to place slot machines around public facilities, such as, schools and churches. This allows easy access to children. Almost 1 percent of the population has serious gambling problems, but the rate is twice as high in adolescents (9). Experts in adolescent compulsive behavior say between 14 and 15 percent of all adolescents who gamble by playing poker will eventually become compulsive gamblers (11). When children have access to gambling machines it increases their chance of developing a gambling addiction in their future. Therefore, I think that every state that has legalized gambling should also have good ordinance laws to keep gambling out of places where children

While the total number of gambling enterprises has fallen in recent years the overall number of people employed in the industry has increases, suggesting that enterprises are now larger than they were a decade ago. The way people bet has been revolutionised of recent years with the online gambling industry taking over the

Do you feel it is important to do what you want with your money, without federal or state government telling you what you can and can’t do? This is an argument that is very popular among those who support online gambling legalization and regulation. They try to show the attack on a free society. “If five poker enthusiasts want to voluntarily play online, and if a private company wants to provide the technology for that to happen in exchange for a fee, why do members of Congress feel obligated to prevent that from happening?” (Balko)