The Benefits Of Legalizing Gambling Essay

III. Third, there are solutions to help solve the problems that come from not legalizing casino gambling.

One of the biggest reasons opponents of sports gambling are opposed to wagering on sporting events is because of the potential for sports gambling to result in fixed sporting events and ultimately undermining the integrity of professional and amateur sports in the U.S. As Thompson (2008) explains, sports gambling remains illegal and heavily regulated by the government “because of the potential for events to be fixed, or illegally influenced (using bribes or other forms of compensation)” (p. 2). It is not that difficult to see how this might happen, since numerous sports gambling scandals have occurred in the past. The 1919 World Series was fixed by Chicago White Sox players. Pete Rose was banned from baseball and denied admittance to the Baseball Hall of Fame because of his admission to gambling on sporting events while he

Efforts are once again underway in the legislature to bring casino-style gambling to Texas. It’s an idea that has failed in recent legislative sessions, but backers are hoping they’ve found the right formula for success in 2009.

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These leagues have been lobbying to help overturn the old law and make sports wagering legal nationwide. The National Basketball Association is currently in talks to receive a 1% “integrity & rights” fee from all sportsbooks. The 1% fee not only allows the NBA to be compensated for its intellectual property, but also allows the NBA to control and monitor wagering data to keep the integrity of the game. (Liptak & Draper) By following the NBA’s model, the NFL has an opportunity to not only grow their fan base but also increase their revenue

One of the biggest issues among sports betting is with athletes betting on matches. Most athletes who are betting on a sporting event are actually participating as well. Some athletes will go as far as to fix the match in the favor of their bet just so they can make a profit. This can consist of such things like a win or loss for a match, a player being subbed out of a game at a specific time, or even a certain player getting injured within a game. These bets are easy for an athlete to influence in their favor since unlike normal bettors, they can satisfy a betting requirement if they wanted to. However, most professional athletes do not bet on sporting events as they already make more money than

Every year, 400,000 Americans die of complications caused by tobacco products. Smoking kills more Americans each year than alcohol, crack, heroin, murder, suicide, car accidents, fires, and AIDS all put together. Every week, eight children under the age of eighteen die from alcohol related crashes. Alcohol abuse contributes to almost 50% of all traffic accidents, suicides, and homicides. However, despite the proven dangers of these "socially acceptable" drugs, they are still legal. Marijuana, a much less acceptable drug, is not legal however, despite the fact that research has yet to pin any specific dangers to this drug.

Over the past 100 years people have gambled on horse races, boxing matches, and card games. It has been in human nature to put a bet on a competative game to try and win money. Gambling today has become even more prominate in our society. All over the internet you can find cites to wager on a game or play poker. The problem people gambling on the internet is the revenue goes to companies who do not live in this country. Creating a place to gamble in all cities would create more revenue for our country. Furthermore, it would create more jobs and then populate smaller cities. To help out this economy we need to legalize gambling in the United States.

There have been many scandals where athletes were arrested for betting on sports events and fantasy sports. For example, in 1997 two basketball players from Arizona state, Stevin Smith and Isaac Burton, pleaded guilty to point shaving on four home games. These two players intentional missed shots and cut points in games for money. They made almost up to $100,000 from point shaving. Ultimately, money made them lose sight of the purpose of playing college athletics which is for enjoyment. Instead of playing for another two years, Stevin Smith and Isaac Burton served a year in prison. If athletes are paid, more athletes will face the same fate as Stevin Smith and Isaac Burton because they will be able to bet without the consequence of the NCAA rule. Although the rule will not longer be in place, betting on sports is illegal in every state except Nevada, Delaware, Oregon, and Montana. Therefore, the NCAA would face repercussions because more athletes will be arrested on gambling charges. In turn, this will jeopardize the integrity of the intercollegiate sports. Instead of being seen as respectable and admirable athletes, intercollegiate sports will be seen as full of money-hungry athletes.

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.

The harm principle states that the actions of individuals should only be limited to prevent harm to other individuals. The harm principle applies to Sarah Jones due to her negligence of her (3) minor children. Sarah had been a gambler for over three years, and that time she’s a slightly stressful situation into a major problem addiction. She began betting on bingo but soon that wasn’t a satisfying high any longer. So, Sarah started going to the casino’s. Gambling is an addiction for some, and for her, it was just that. For her to lose $85,000, and have to take out a second mortgage on her house; or to never be at home during the afternoon or evenings that's a serious problem. The fact that she is gone so often that her children aren't getting

For the majority of people gambling is a form of entertainment. What people do not realize is for some people gambling can become a devastating addiction, destroying families and relationships and impacting careers. The addiction can become so strong that it overtakes moral values and results in crimes to gain more money for gambling. With more gambling opportunities becoming available in Maryland, it is important for everyone to know the signs and symptoms of gambling problems and how to get help. However, From a financial standpoint, the casinos have been big winners for Maryland.

Sports Betting Should be Legal claims that if you become addicted to gambling, you can over gamble and gamble with money you don’t have. Although this is true, there is an easy way to stop this from happening. A person could limit their budget while at the sports stadium. They could have twenty dollars set aside for food and spend that. A person could bring maybe thirty dollars for souvenirs. Instead of spending their money on that, they want to make a profit. Betting only a little bit of money would not affect you if you lost as much as it would if you brought a lot of money. Gambling would not be a problem as long as person uses common sense and limits how much they

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

Most of us have heard of fantasy football. Online fantasy has risen in popularity over the past couple of years, due to advances in technology. With this rise in popularity, it has raised eyebrows at the state and federal government levels. There are many grey areas when it comes to gambling online, that many people still don’t understand. Many questions are being asked, such as legal transactions with credit cards, is online gambling causing a problem with a rise in gambling addiction? Over the course of this report, I will go over the good and the bad of making online gambling legal and regulated.