The Dangers of Online Gambling Essay

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

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

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.

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

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

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.

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 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

According to the National Council on Problem Gambling, nearly 1.5 million Americans have experienced pathological gambling, which occurs when there is a dependence, harm, or lack of control over gambling habits (Samhsa). Samhsa goes on to explain that pathological gambling can be sparked by gambling as little as once a week. It may even derive by going as little as once a month, or once a week. Unfortunately, this is what transpired to Angie Bachmann, in Charles Duhigg’s Power of Habit. Mother of three and wife to a full-time working husband, Angie was frequently left in an empty home, with nothing to do. Spending her days watching game shows, such as: The Price is Right, Angie would often times find herself lonely and bored (Duhigg 246). Angie decided that if she got through the week without withering of boredom, then she would be rewarded with an excursion to the casino. The trips started off once a week with a few hours and a couple hundred dollars. Her addiction quickly jump started from once a week to three times a week. She was secretly attending the casino, spending a couple thousand, and playing multiple hands at once (Duhigg 247). Angie finally felt as if she had something to be proud of; she wasn’t just an orthodox, stay-at-home mom. The casino did as much as they could to make Angie feel special, almost like a celebrity. For instance, Angie would arrive at the casino in a limo, dine out in the buffet, and live lavishly in the casino suites. In another light, I

According to the American Psychological Association, people with an irresistibility to gamble have a mental disorder (Fay). People get caught in the trap of compulsive gambling because of many contributing factors. In a survey done before the Unlawful Gambling Enforcement Act, the top factors that show why people resort to online gambling instead of land-based casinos are convenience, ease, and comfort (Wood, Williams, and Lawton). The three reasons mean that people will most likely choose to stay at home and gamble more often. People will gamble online more often than going to a casino because the internet provides the gamblers with faster speed and instant pleasure (Hammer). Pleasure contributes to the path of a gambling addict. Gamblers

What is one of the most dangerous and addictive games that you are able to play? Well the answer to that question is gambling. Gambling is a gigantic problem not only in the United States, but also everywhere else in the world. In 2014 the United States, gambling industry ended being worth a total of 240 billion dollars. While gambling has major effects on many different issues, one of the largest issues is the effect it can have on families.

Gambling is identified as a simple form of entertainment that is often played by individuals or groups of friends for amusement, and for the simple chance of personal monetary gain. However, gambling can often lead to unforeseen consequences that can lead to addiction. As the Government of Ontario looks to open over twenty casinos in the Greater Toronto Area and the OLG is offering online gambling in Ontario, this allows for the gambling market to rapidly expand within Ontario. Although there are various financial

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

Political and legal factors are those controlled by ‘governments, local authorities, or other trade or activity orientated regulatory bodies' (Brassington and Pettitt, 2000). Gambling legislation is put in place in order to prevent consumers been taken advantage and also help control consumers with gambling problems. The internet is open to great abuse in all areas of the internet and gambling is no exception. Within five minutes it is possible to be gambling on the internet at as high stakes as one desires, this obviously has its dangers. Companies have recently been pushed to be more responsible for caring for their customers. Some of the companies now have a system which its customers can use. The system offers the customer control of how much they can deposit in a designated time period, this helps the customers control their spending. Though this may affect profits for a company, it gives the impression that they care for their customers, which promotes their company. The laws for online gambling are reasonably relaxed and with it been a worldwide market that anyone from any country can access it is hard to control such a market. There have been recent worries about illegal gambling carried out on Betfair with trainers and owners regarding the running of a horse to lose. Many bets would be taken on the specific horse resulting

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.