...Comparative analysis of the gambling industry in India & the United States of America (USA). Study @ New York University. By: Anupam Sabat, 3C BBA Amity International Business School, Noida. Acknowledgement At the onset, I would like to thank our esteemed faculty at Amity International Business School, Prof. Dr. Arun Sacher, for his encouraging words and his guidance. It was really he who constantly motivated us & pushed us to our limits & in the process, helped us realize & scale newer & higher peaks. He constantly challenged us to strive for excellence & in doing so, enabled us to perform to the best of our abilities. INTRODUCTION Gambling is one of the oldest industries in the world. According to the UK Gambling Act 2005, betting or gambling means ‘the making or accepting of a bet on the outcome of a race, competition or other event or process; the likelihood of anything occurring or not occurring; or whether anything is or is not.’ It is regarded by some as a vice and sinful activity which corrupts the society. Others view gambling as a harmless form of entertainment (I, personally, believe in the latter notion). Some also look at it in economic terms. Legalized casino gambling, be it in Las Vegas, London and/or Macau rose out of the desire for economic stimulus. Overall, society has taken a cautious view of gambling. Only limited types of games are legalized. The reason for gambling being heavily regulated (and...
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...was a natural part of the culture of the early Americans. Between then and now, the sport betting industry has dramatically increased in popularity and has adapted with changes along the way. Americans, as a society, often frown upon anything to do with gambling and view it as a vice, however, there are some advantages to what the Sports Betting industry can offer should it be made legal. Sports betting(and gambling in general) can lead to a destructive lifestyle, is the cause of many strained relationships as well as cause a huge deficit of debt for someone, among other consequences. Americans know these ramifications and continue to part take in the action but obviously not for those reasons. Sport betting socially has its benefits as well such as winning money, fun and excitement, and even getting out of debt. Sports betting in America is a national past time in its own right and the idea of legalizing it has been a constant battle among it’s lawmakers. The founders of the United States were risk-takers by nature, hence the obvious attraction to gambling in all forms. Back then, people bet on makeshift horse races, cockfights and bare-knuckle brawls since there was not much else. Colonists from England had gambling in their blood since their fathers and grandfathers had been doing it for generations - not only in hopes of a profit but also as a form on leisure and entertainment(California Libraries, Web). If there was a sport to be played, there was somebody somewhere...
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... 11/17/11 Legalize Gambling in California People don’t like gambling until they win, and people love money. The government doesn’t like gambling, unless they can tax it. People think of gambling and automatically like a trained gambler think of Las Vegas or Atlantic City. Gambling has been in America’s blood since before we were a country. All thirteen original colonies established lotteries to raise revenue. 48 states today that have legalized some form of gambling and have made billions of dollars. 43% of Nevada’s general fund is fed by gaming-tax revenue, which means casinos pump in $9 billion dollars of revenue annually for the state. California is no stranger to gambling, the Gold Rush set off a gambling boom in San Francisco where it replaced New Orleans as the center for gambling in the United States at that time. California must legalize gambling to raise revenue for its state deficit and to put that money back into its communities. California has always set new standards and exceeds expectations with its impractical views, but gambling has been left in gold dust. With billions of dollars to be made for the state, legalizing gambling in California and taxing it seems to be a more practical idea than to keep it illegal. With Indian gaming casinos and lotteries already here and flourishing, why wouldn’t California...
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...assisted suicide. However, physician assisted suicide should not be legalized as it is a form of killing, which puts human life to an end. Terminating the life of a person to end his/her physical suffering will only increase the number of deaths. A lot of people also feel that psychological suffering should also be included in the list. Protect Life All people in the society have a moral duty to preserve and protect lives of human beings. Therefore, people should never be allowed to assist in ending the lives of others. This is because by allowing people to end lives of others, the society will destroy the fundamental duty of valuing human life. The society also feels that people have a responsibility to make lives of suffering people worth living (De Ville, 2001). People should not end lives of the sick. Instead, they should take this challenge to serve humanity and they should always care for others. The society that is characterized by strong social bonds does not (and should not) support physician aided suicide. This is because death should only result from natural (and other related) causes, but it should never be predetermined by people. A society that will allow physician aided...
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...narcotics, alcohol, and tobacco. Society has spent countless millions of dollars warning about these substances, however another addiction that receives far less attention is sweeping across America. This addiction is having a major impact on the college campuses across our nation. The executive director of the N.C.A.A., Cedric W. Demsey, in his 1997 State of the Association address called gambling the most serious threat facing intercollegiate athletics(Naughton A52). At the heart of the gambling problem on college campuses is college sports gambling. Gambling on college sports has two major impacts. First, gambling on sports just like casino gambling is addictive. Secondly, gambling on college sports has hurt the integrity of college athletics. Because gambling on college sports is causing negative consequences for college students, athletes, and athletic games, the U.S. government should ban all gambling on college sports, and steps should be taken to decrease the prevalence of illegal and Internet gambling on college campuses. On March 19, 1931, the Nevada state government voted to legalize gambling. At this time no one had ever heard of the term, sports book . It would be some forty years later before the first sports book would open up in Las Vegas. The Union Plaza Hotel in downtown Las Vegas opened the first casino sports book in 1975. A sports book is a place where a bet can be made on a sporting event. Nevada is the only state where a person can bet on an individual game or...
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...these women has been ineffective in reducing the illegal activities. These issues can be addressed by legalizing and regulating the prostitution industry. By using Nevada where brothels are legal as a model for the rest of the country enforcing strict regulations can better protect those victimized by the industry. Legalization of Prostitution Prostitution is often referred to as the world’s oldest profession. According to a survey conducted by ABC News Prime time 15% of all American men have paid for sex and 30% of single men over the age of 30 have paid for sex ("POLL: American Sex Survey - ABC News", 2004). The sex industry is one that affects many American citizens. The National Task Force on Prostitution suggests that over one million people in the US have worked as prostitutes in the United States, or about 1% of American women" (Prostitution in The United States - The Statistics, 2007). Currently prostitution is illegal by Federal law Title 18 Part I Ch.117 Sec. 2422 under “Coercion and Enticement” and can carry up to a 20 year prison sentence ("Title 18 United States Code Crimes and Criminal Procedure", n.d.). There are several arguments as to why prostitution should remain illegal. The three most prominent being that sex work increases violence and crime, spreads communicable diseases like STDs and AIDs, and that sex for money is immoral. However, by legalizing and regulating this taboo industry it can ultimately help the women involved in it. The most common reason...
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...MGMT 102 Strategy Las Vegas Sands A Company and Industry Analysis Submitted by: Adhitya Christian Martin (G3525406X) Chye Hui Lin (S8734971C) Darren Chng Meng Hoe (S8509392D) Jasmin Hamdani Ham (G3529740K) Karina Ondang (G0638741T) Liu Fang (G3529124K) Louis Lim Wei Chun (S8416257D) * Contents Executive Summary | 1 | Company Overview | 2 | External Environment | 2 | Internal Environment | 4 | Acquisitions, Restructuring and Cooperative Strategies | 6 | Business-Level Strategy of Las Vegas Sands in the U.S. | 6 | Corporate- Level Strategy of Las Vegas Sands in the U.S. | 11 | International Business-Level Strategy of Las Vegas Sands | | Macau | 14 | Singapore | 17 | Bibliography | i | Appendix | iv | * Executive Summary Las Vegas Sands is a hotel, gaming and resort development company which operates in many countries worldwide. It has 3 significant establishments; The Venetian and The Palazzo in United States, The Venetian Macao in Macau and Marina Bay Sands in Singapore. The company places strong focus on their code of conduct and ethical behavior of their employees. The company has both tangible and intangible resources. Their capabilities include excellent management of operations and human resources, specifically tailored offerings to the Asian market, the MICE business and Eco 360 cost savings initiative. We have identified their core competencies to be in MICE, the Eco 360 program, its Paiza Club which...
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...the masses dependent on a public opinion of the commodity, legality, availability, and profitability. Some commodities, although carrying high demand are regulated heavily and sometimes even ban from the market place for reasons pertaining to public safety. Others, however, showing to be a health hazard are still allowed to remain on the market. This definition is according to Merriam-Webster.com. This paper will focus on the economics of cannabis and how by its decriminalization, or legalization, it can be a profitable commodity in the marketplace by the following. Providing an overview of cannabis and how political games have caused an unearned negative public opinion on the commodity. Listing arguments that support the claim that by legalizing this commodity not only crime rates in general, but violent crime rates, will drop noticeably if not substantially providing a savings in the cost of enforcing and prosecuting such crimes. And, that by decriminalization, the federal government can regulate this commodity much like alcohol and tobacco providing new sources of tax revenue. A History of Cannabis The best way to understand the public image that cannabis has today is by looking at how we understood it yesterday. Starting from the first piece of legislation in 1906 and coming to present day medicinal approval in a small portion of US states. This will hopefully address the questions of “Why the war on drugs?”, “Why this particular commodity a drug...
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...Ethical issues regarding the use of Performance Enhancing Drugs in Sports In the history of 20th century sports, specifically in the post World War 2 era, there has been an ever increasing use of performance enhancing drugs in all avenues of sport. Sports have become money making machine for both athletes and big business and the “win at all costs” attitude which has permeated itself into all aspects of professional and college level athletics. Winners make money, losers don’t. The temptation of fame, notoriety and million dollar contracts in all venues of sport is a lure for many athletes. Elite professional athletes are worshiped in today’s society. This paper will elaborate on the use of performance enhancing drugs in the sporting world and the associated sports ethical issues. It is a majority belief in all sporting circles that the “true” spirit of sportsmanship does not allow any aspect of performance enhancing drugs. There are several arguments both in favor and against the use of performance enhancing drugs which will be presented and discussed in this paper. While addressing this ethical issue, we need to define the term ethics. Ethics can be defined as the socially accepted norms and values. These norms and values are varied from society to society and are based on culture and tradition. Ethics also could be defined as the unsaid, un-written and understood laws that prevail in a society. Ethics also cover what is right and what is wrong in society and teaches...
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...Third Gender – Equality and Truth http://caissg.org/third-gender-equality-truth/ It is a brave and honest person who can stand apart from the masses and openly challenge its most treasured beliefs. ~ Donna Evans As humans, we understand a little about our complex bodies even with the greatest medical science. It is what it is. Then why lie? Secrecy and stigma are worse than the condition itself. Without truth and transparency, it is difficult to pass laws, provide equal rights, offer support and help for all. We need to have an environment which encourages truth, tolerance, and respect for all. Are there only two genders or is there a third gender?Regardless of which side of the issue you are on, we can all agree thattruth is always the right option and secrecy and lying have no place for a long-term solution in a civilized society. There are several issues withsecrecy and lying. First it is wrong. Second it does not take into account the feelings and trauma of the person being lied to. Third it could lead to criminal acts such as if lying is a crime under oath. What are the bioethics for disclosure to spouses? It is NOT about gender identity or it is NOT about the sexual identity, it is about the HUMAN identity which is to say the truth. As a human being, everyone deserves a feeling of “belonging”, understanding and acceptance. Without recognition of the truth, how will an intersex person marry legally or how can an intersex couple (who are infertile) adopt a child legally...
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...As individual we are aware what is happening in our nation. There is a lot of problem that our country is facing are and one of the issues that can’t stopped is the Corruption of Government and as a individual as being part of this society we are affective of it. When we look the meaning of corruption in Wikipedia it will gave you this meaning Corruption is the abuse of bestowed power or position to acquire a personal benefit. Some of us choose to accept this because we are blinded of their black propaganda we don’t even think what will be the future of the next generation if we let this people continue to abuse their power. And when we say Governance it is a government is the system by which a state or community is controlled. In the Commonwealth of Nations, the word government is also used more narrowly to refer to the collective group of people that exercises executive authority in a state Political corruption is the use of powers by government officials for illegitimate private gain. An illegal act by an officeholder constitutes political corruption only if the act is directly related to their official duties, is done under color of law or involves trading in influence. ------------------------------------------------- Effects[edit] Effects on politics, administration, and institutions[edit] In politics, corruption undermines democracy and good governance by flouting or even subverting formal processes. Corruption in elections and in the legislature reduces accountability...
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...THE ARMCHAIR ECONOMIST by Steven E. Landsburg Praise: "Witty economists are about as easy to find as anorexic mezzo-sopranos, natty mujahedeen, and cheerful Philadelphians. But Steven E. Landsburg...is one economist who fits the bill. In a wide-ranging, easily digested, unbelievably contrarian survey of everything from why popcorn at movie houses costs so much to why recycling may actually reduce the number of trees on the planet, the University of Rochester professor valiantly turns the discussion of vexing economic questions into an activity that ordinary people might enjoy." —JOE QUEENAN, The Wall Street Journal "The Armchair Economist is a wonderful little book, written by someone for whom English is a first (and beloved) language, and it contains not a single graph or equation...Landsburg presents fascinating concepts in a form easily accessible to noneconomists." —ERIK M. JENSEN, The Cleveland Plain Dealer "...enormous fun from its opening page...Landsburg has done something extraordinary: He has expounded basic economic principles with wit and verve." -DAN SELIGMAN, Fortune "An ingenious and highly original presentation of some central principles of economics for the proverbial Everyman. Its breezy tone conceals the subtlety of the analysis. Guaranteed to puncture some illusions and to make you think." —MILTON FRIEDMAN CONTENTS Introduction I. 1. 2. 3. 4. 5. WHAT LIFE IS ALL ABOUT The Power of Incentives: How Seat Belts Kill - 3 Rational Riddles: Why the Rolling Stones...
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...cheat, and how to catch them . . . Stories from an Israeli day-care center . . . The sudden disappearance of seven million American children . . . Cheating schoolteachers in Chicago . . . Why cheating to lose is worse than cheating to win . . . Could sumo wrestling, the national sport of Japan, be corrupt? . . . What the Bagel Man saw: mankind may be more honest than we think. 2. How Is the Ku Klux Klan Like a Group of Real-Estate Agents? 49 In which it is argued that nothing is more powerful than information, especially when its power is abused. Spilling the Ku Klux Klan’s secrets . . . Why experts of every kind are in the perfect position to exploit you . . . The antidote to information abuse: the Internet . . . Why a new car is suddenly worth so much less the moment it leaves the lot . . . Breaking the real-estate agent code: what “well maintained” really means . . . Is Trent Lott more racist...
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...fourth EDItION fourth EDItION This clear, learner-friendly text helps today’s students bridge the gap between Its comprehensiveness allows instructors to tailor the material to their individual teaching styles, resulting in an exceptionally versatile text. Highlights of the Fourth Edition: Additional readings and essays in a new Appendix as well as in Chapters 7 and 8 nearly double the number of readings available for critical analysis and classroom discussion. An online chapter, available on the instructor portion of the book’s Web site, addresses critical reading, a vital skill for success in college and beyond. Visit www.mhhe.com/bassham4e for a wealth of additional student and instructor resources. Bassham I Irwin Nardone I Wallace New and updated exercises and examples throughout the text allow students to practice and apply what they learn. MD DALIM #1062017 12/13/09 CYAN MAG YELO BLK Chapter 12 features an expanded and reorganized discussion of evaluating Internet sources. Critical Thinking thinking, using real-world examples and a proven step-by-step approach. A student ' s Introduction A student's Introduction everyday culture and critical thinking. It covers all the basics of critical Critical Thinking Ba ssha m I Irwin I Nardone I Wall ace CRITICAL THINKING A STUDENT’S INTRODUCTION FOURTH EDITION Gregory Bassham William Irwin Henry Nardone James M. Wallace King’s College TM bas07437_fm_i-xvi.indd i 11/24/09 9:53:56 AM TM Published by McGraw-Hill...
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...fourth EDItION Critical Thinking A student ' s Introduction Ba ssha m I I rwi n I N ardon e I Wal l ac e CRITICAL THINKING A STUDENT’S INTRODUCTION FOURTH EDITION Gregory Bassham William Irwin Henry Nardone James M. Wallace King’s College TM TM Published by McGraw-Hill, an imprint of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright © 2011, 2008, 2005, 2002. All rights reserved. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. This book is printed on acid-free paper. 1 2 3 4 5 6 7 8 9 0 DOC/DOC 0 ISBN: 978-0-07-340743-2 MHID: 0-07-340743-7 Vice President, Editorial: Michael Ryan Director, Editorial: Beth Mejia Sponsoring Editor: Mark Georgiev Marketing Manager: Pam Cooper Managing Editor: Nicole Bridge Developmental Editor: Phil Butcher Project Manager: Lindsay Burt Manuscript Editor: Maura P. Brown Design Manager: Margarite Reynolds Cover Designer: Laurie Entringer Production Supervisor: Louis Swaim Composition: 11/12.5 Bembo by MPS Limited, A Macmillan Company Printing: 45# New Era Matte, R. R. Donnelley & Sons Cover Image: © Brand X/JupiterImages Credits: The credits section for this book begins on page C-1 and is considered...
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