...Internet Gambling Just Won’t Go Away! “I betcha”. We’ve all said it, starting back when we were little kids. “Betcha I can beat you to the end of the block”, or “Bet I can eat more hot dogs than you!” Even the dreaded “triple-dog-dare” is nothing but a thinly-veiled disguise on a bet to challenge your peer. Gambling has been around since the beginning of recorded time. The Bible spoke of “casting lots”, a precursor to dice; and, since gambling is centered in covetousness and greed (two very big no-no’s, according to the good book), there is a strong moral stance against gambling. But gambling has always been around. Gambling was a popular pastime in America, even before the colonies were united. Dice and cards were brought over by both the Dutch and the English. Lotteries have been said to have paid for the settlement of Virginia, and the establishment of storied schools like Yale and Harvard. Most of the colonies used a type of lottery to pay for defenses. One clever New Yorker even designed a lottery where the prize was marriageable ladies, who couldn’t find husbands. The system listed the women in descending order from beauties, through pretty girls, widows, agreeables, good conditioned, housewives, friskies, special breeders and saints of the first magnitude. Just about every country-seat in colonial America had a lottery wheel. A lottery wheel was as necessary as a jail and a courthouse. (Evening Impendent, 1963) Other types of gambling existed, such as cockfighting...
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...and Ethics 5 October 2015 Internet Gambling Gambling has been a controversial topic in the United States going back and forth from the approval of gambling to prohibiting it. Currently some form of gambling is legal in all but two states, Utah and Hawaii. The revenues collected from gambling are much greater than those of the sum of revenues from theme parks, movie tickets, video games, and music recordings. As the Gambling industry continues to expand in growth and as technology continues to advance there is no doubt that the new types of technology are being used for gambling on the World Wide Web. Even though internet gambling is a relatively new sensation, it has shown to be the fastest growing form of gambling in the world and is an evolving field of research. The first online casino began in 1995, which was offering 18 different online games. The industry began growing so rapidly that about 30 million gamblers visited these internet sites in just the month of July in 2005. The discovery of internet gambling has significantly developed gambling, allowing people to place bets on a variety of different games and events without having to leave the comfort of their home. According to the American Gaming Association, almost 3,000 Internet gambling sites allow users to wager on casino games, sport’s events, poker, bingo, and many other games. It became so popular that it creates about thirty billion dollars in revenue each year. Internet gambling is legal in 85 counties excluding...
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...Brandon Bordwine Professor Ramey 1/22/2016 Online Poker and Internet Gambling In this paper I will be discussing the issues of online poker and Gambling. The wire act was implemented in September of 2011 by the Federal Government and this made it illegal to transfer money online for the purpose of gambling. In 2007, the head of the FBI's Cyber Crime Fraud unit, Leslie Bryant, issued a stern warning to Americans: "You can go to Vegas. You can go to Atlantic City. You can go to a racetrack. You can go to those places and gamble legally. But don't do it online. It's against the law." (POKER FACE Business Source Complete). Four years later, the U.S. Department of Justice unsealed indictments against the online poker industry's top three poker sites, Full Tilt Poker, Poker stars, and Absolute Poker. The companies, all located offshore, were hit with a bunch of charges, including wire fraud, bank fraud, money laundering and operating in the U.S. in violation of the Unlawful Internet Gambling Enforcement Act (UIGEA).This was a devastating blow to the poker community and online poker was never the same in the United States. Poker players refer do this say as, “Black Friday.” I believe this is a problem and that Americans should have the right to do with their money as they please. Poker is a game of skill, otherwise there wouldn’t be tournaments and the same people wouldn’t win tournaments and make millions of dollars. It is considered a sport now and is shown...
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...CONSUMER SPENDING ON LEISURE AND VALUE Gambling Several factors have contributed to the dramatic growth of gambling in the UK like the internet .The technologies that drive the internet have improved internet gambling allowing anonymous gambling without physical travel and provides the highest level of gambling to date. Gambling and betting employs 20,000 people in London, and has sales of almost £900 million. Casinos are particularly significant – London has 60 per cent of the nation’s casino bets. Gambling is declining in popularity, but the market is being changed drastically by developments in internet gambling. Department of culture media and sport The government transformed gambling legislation with the 2003 act for several reasons it has been argued that the government wanted to offer a safer regulated internet gambling environment .In the UK the gambling commission has a responsibility under the gambling act 2005 to provide advice to the government on gambling issues. WHO GAMBLES Men are more likely than women both to gamble (76% of men and 68% of women gambled in the Past year) and to participate in a greater number of gambling activities (1.9 per year and 1.3 per Year, respectively). • The only gambling activity that women are more likely to participate in than men is bingo. Men Are more likely than women to play the football pools and fruit machines, bet on horse and dog Races, and to make private bets with friends. • Gambling is most common among people in the...
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...SWOT and Strategy Evaluation Paper: Gambling PHL/320 07/21/2015 SWOT and Strategy Evaluation Paper: Gambling Fancy cars, extravagant vacations, expensive jewelry, and a bigger house; we all wish for these things and wonder how we will ever make them a reality. Growing up we all heard that ‘the grass is always greener on the other side.’ This is even truer as an adult since we all want something that we don’t have. To some people, gambling is the only way that dream will ever happen. All they need to do is win one more time or win just a little bit more money. However, most people will not stop at just one more time. It turns into a never-ending cycle. If it is used for the good of society it can be a completely healthy hobby that really adds to society. |Strengths |Weaknesses | |Gambling become socially acceptable |Large capital investments | |Key source of revenue for States |High debt-to-equity ratio | |Increased US tourism spending |Gambling addiction | |Increased casino hotel revenues |Gambling can lead to health issues ...
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...All In: The Federal Government’s Potential Jackpot In recent years, internet gambling, specifically online poker, has boomed. Large sums of money are being wagered everyday on peer to peer gambling websites. The battle wages on in the United States whether or not this activity should be legalized and taxed. It would seem that with an estimated 15 million Americans taking their virtual seat at the poker table coupled with America’s obsession with gambling in general would make the revenue generated from legalization of internet gambling a slam dunk. Unfortunately, while the revenue gained from taxation would introduce a new source of relief, there is a greater fear of societal issues this may cause. The debate on the social part of legalizing online gambling has been ongoing for over a decade now. It hasn’t been until recently that there has been more of a focus on what positives can come from legalizing, regulating, and taxing Internet gambling. With the budget deficit growing even larger in the midst of an economic downturn, there aren’t many areas where you can increase taxes, let alone tax something that hasn’t been previously taxed. What is great about poker and other online gambling is the demand is there, has been there, and will be there for the foreseeable future. If taxation were to occur now, the federal government would be getting in on the ground floor. As the country re-emerges from the economic downturn, Americans will have a greater disposable income...
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...technologies have changed the gambling industry There have been huge strides made in the technology industry in the last five years. One of the greatest advances that has become more streamlined than ever is the ability for one to gain mobile access to the Internet and all that it is able to offer customers. One way that people are using the advancements in mobile technology to change the way that they function is to engage in online gambling. Online gambling is a huge market that is growing exponentially every single day. With the help of mobile technology, the gambling industry is booming greater than ever. The gambling industry used to require people to come all the way to a designated destination in order to play the games of chance and strategy. The industry was slow growing because of the fact that people did not always have the flexibility to drive or travel to a specific location. Then the idea for Internet gambling came around. When people were able to gamble from the comfort of their own homes electronically, the gambling industry flourished. This provided people with the ability to make great amounts of money off of the playing of games that they loved. There was no travel needed and there was not judgment on the player for winning or losing. The comfort of the environment makes it easier for players to spend more money with the gambling interface. Now, with mobile technology on the rise, players are able to access their favorite Internet games from their phones, or...
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...Analysis………………………………………………………………...…Page 11 Economic Analysis……………………………………………………………………………………..Page 12 Political Analysis……………………………………………………………………………………..…Page 14 Evaluation of Outcomes………………………………………………………………………...……Page 15 Works Cited………………………………………………………………………………………….……Page 17 Overview The industry of gambling provides a country’s respective government with large amounts of financial support. Furthermore, gambling is a multi-billion dollar industry worldwide. The misfortunes and losses of people are the monumental and overwhelming gains to government or non-government regulated casinos. The establishment of government owned casinos creates much-needed jobs for citizens as well it creates a flow of profit to the country. This inflow of cash assists the government in completing necessary tasks and is beneficial to the public because taxes are not being raised to complete such tasks. Over the last twenty-five years, the regulation of gambling has become prevalent. There are still many situations in which gambling occurs in a deregulated form such as Internet gambling, which although many people partake in, is not officially legal in Canada. The criminal code played a large part in the prohibition of gambling in Canada. In 1969, an amendment was made to the Canadian Criminal Code to allow the use of lotteries to help provincial governments fund projects (Stevens). Following the introduction of the lottery, in 1985, provincial governments were permitted...
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...SWOT and Strategy Evaluation Paper: Gambling PHL/320 April 7, 2015 Aileen Smith SWOT and Strategy Evaluation Paper: Gambling Introduction Fancy cars, extravagant vacations, expensive jewelry, and a bigger house; we all wish for these things and wonder how we will ever make them a reality. Growing up we all heard that ‘the grass is always greener on the other side.’ This is even truer as an adult since we all want something that we don’t have. To some people, gambling is the only way that dream will ever happen. All they need to do is win one more time or win just a little bit more money. However, most people will not stop at just one more time. It turns into a never-ending cycle. If it is used for the good of society it can be a completely healthy hobby that really adds to society. Strengths The gambling industry is growing rapidly in the United States as gambling has become increasingly more socially acceptable than it has been in the past. Many state governments, such as Nevada, have encouraged gambling as a key source of revenue, even more so after the recession we suffered in the late 2000s. Casino hotels, which account for the majority of industry revenue, have generally become larger in markets like Las Vegas, many generating annual revenue of about $500 million, according to the UNLV Center for Gaming Research. (Gambling, 2015) This has increased the traveling to many of these destinations such as Las Vegas and Atlantic City in New Jersey. US tourism...
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...Is fantasy football gambling? This is a debate that has been ongoing over the past couple years, as more states try and profit from this booming industry. It is important to understand the premise of this debate and what sports betting or gambling actually is. Webster defines gambling as “playing games for the chance of winning money”, however, I will argue that fantasy football is a game of skill and not a game of chance and therefore should not be subject to the typical sanctions and regulations that are placed upon sports betting. The Unlawful Internet Gambling Enforcement Act of 2006, states that in order for a fantasy sports to be legal it must follow predefined rules. I will cover these stipulations in depth and demonstrated how each...
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...islands of Barbuda and Antigua. The epic battle of David and Goliath was mediated by the World Trade Organization (WTO) and raised a lot of interesting questions about international trade and internet gaming (Steiner, Steiner, 2009). The following case study analysis will describe the central issue of the case and the relevant facts, as well as the external operating environments that WSE had to contend with. Furthermore the paper will provide possible solutions for the matter in the short and long term. Central Issues and Relevant Facts The primary issue seems to be that WSE was profiting from U.S. consumers and the U.S. government was not receiving any benefit. Sports organizations were upset and the country’s “social morality” was being attacked, or at least that was the opinion of the supporters of the Unlawful Internet Gambling Enforcement Act (EIGEA) of 2006. The bottom-line is that Mr. Cohen was not breaking any laws within the country that his business operated in. The U.S. clearly overstepped its bounds and did not conform to the General Agreement on Trade in Services (GATS) that all WTO organizations ratified in 1995 (Steiner, Steiner, 2009). The United States’ stand on gambling is hypocritical, many regions within the nation allow gambling, and the nation should not restrict gambling transactions with countries that it actively trades with, specifically members of the WTO. In the case between Antigua, Barbuda, and the United States the WTO ruled in the favor of the smaller...
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...Is that gambling should be legalized At major established gambling web sites, online gambling is just as safe for your money as playing in a regular casino. It's usually free to set up an account, and after that you deposit as much or as little as you'd like using your checking account or credit card and use those funds to bet. Internet security has come a long way, and the online gambling community takes extra precautions to ensure your money, and your winnings, are protected. The games available for online gambling are even more varied than those in traditional casinos. You will find virtual tables and rooms for dozens of types of poker: stud, Texas Hold 'Em, Caribbean Stud, Video Poker, Three-Card Poker and just about any poker variation you can think of. For simpler gambling, you can play online slot machines, blackjack, roulette, or any of hundreds of click-and-win games. The online gambler looking for a challenge will enjoy Baccarat. With online gambling, the possibilities are endless! Major gambling sites attract tens of thousands of visitors in a day. There are even thousands of sites for those unwilling or unable to play for money: Many online gambling sites operate on a game credit basis, and you can play just for the fun of it without risking anything. So, whether you want to impress people with your big gambling scores or get a shot at big money online, check out online gambling! You no longer need to live in a place where there is a casino. With a computer and...
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...fix Honolulu’s roads and heard that a hefty $150 million price tag that will come along with it. The piece on the news said that the state was unsure of where that money would come from and this got me wondering why hasn’t Hawaii legalized gambling? I used four sources to delve into both sides of this controversial topic. The first source is a report from CQ Researcher titled “Gambling in America” by Kenneth Jost. The second is an article from The Honolulu Star-Advertiser “On Politics” column, by Richard Borreca. The third resource I used to gather my information from is Gambling, from the Opposing Viewpoints series and lastly, I conducted an interview with a long time, self-proclaimed professional gambler, who wanted to keep their identity anonymous and asked only to be referred to as “Rush”. After exploring both sides of the topic I’ve come to the conclusion that the pro-gambling side wins. The evidence given by the supporters seems much more concrete and numbers based while the opponents seem to appeal to the public’s pathos using fallacies such as hasty generalizations and post hoc ergo propter hoc. There are many different forms of legalized gambling today, ranging from state lotteries, to commercial casinos, and Internet gambling. I’m going to focus on the two that seem to be most applicable to the state of Hawaii, which are commercial casinos and a state run...
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...For many years gambling has been used as a form of hobby. The origin of casino games has its origin in the ancient Asia. With many gamblers from North America. Indonesians have now started embracing gambling. Though live casino was mainly played in bars and other betting houses people could still travel to enjoy their casino games. Gambling has grown to be cherished across the globe with various games for gambler to play for real money. The advent of technology has led to the shift from in house gaming to casino online real money sites. The sites have become the modern trend in most countries as players can now play casino games without shifting positions. The casinos allow players from nay country to join and start placing bets. The casino sites are so many that an a gambler need to identify a safe sites as some have been blacklisted while others do not allow gamblers from Indonesia to register in them, Individuals willing to play in international sites are allowed to research over the internet about top online casino Indonesia. These sites are usually legal and regulated by a given authority. Gambling in Indonesian state is a tricky affair but with online casino uprising gamblers are now able to log in and start to play casino games on their tablets or desktops computers. The internet has led to the rapid spread on casinos online and other online games. These sites are considered to be the resting points for gamblers. Day by day improvement has also led to introduction of...
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... HM 322 Week 5 Individual Assignment Baderman Island Casino Development Paper HM 322 Week 5 DQ 1 ----------------------------------------------------------- HM 322 Week 1 DQ 1 For more course tutorials visit www.tutorialrank.com Class, In the article, "Two Studies show disparate triggers for gambling" argue that the closer you are to living by a casino the more likely you are to become a problem gambler. My first thought was that the article does not address the inner motivations and relying on a geographic location seems like an obvious answer. What are your thoughts? Do you think in general that proximity to things makes you do those activities. Could we make the same argument for someone who lives near the ocean would become a compulsive surfer? Is there a better way to identify triggers? How might one recognize a problem gambling triggers even if they were not close to a casino, because nowadays all you have to be close to is a computer? Would you rely on or select one or two factors that might indicate a trigger? Could you use Mayor Bloomberg's theory that drinking large sodas makes us obese? Are there parallels to gambling and does this help explain our understanding of triggers?...
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