...Ever since the puritans established their Massachusetts Bay colony in the early 1600’s, gambling has been one of the biggest controversies that this country has had to deal with. As time passed and land based gambling became more and more regulated and legalized, the demand for gaming increased along with it. With the relatively recent creation and advancement of the Internet, this demand was soon transferred to Americas quickest growing craze… Online gambling. Online gambling and its legality have caused a great deal of controversy in the recent past. The industry is so profitable and the demand is so high, that despite government acts to make it illegal, people still find their way around it. There are those that argue that online gambling should be government regulated and taxed in the U.S., while there are also those who believe that legalizing it will only lead to an increase in addiction rates and be detrimental to our society. By legalizing online gambling in the United States, not only would the government amass a massive profit margin from the regulation and taxing of the industry, but also thousands of new jobs and businesses will be created, and it would make for a more safer and social gaming experience. As there are different forms of land based gambling, there is almost the exact same amount of games when it comes to online gambling. These games can be classified in two different categories, games of chance and games of skill. Any type of casino based game...
Words: 3146 - Pages: 13
...Fundamentals of Nevada History Joseph Marlo C. Guilas September 23, 2013 Nevada and U.S. Constitution Mr. Rulon Huntsman Abstract The Nevada constitution was framed by a convention of delegates chosen by the people. The convention met at Carson City on July 4, 1864, and adjourned on July 28 of the same year. On the 1st Wednesday of September 1864, the constitution was approved by the vote of the people of the Territory of Nevada, and on October 31, 1864, President Lincoln proclaimed that the State of Nevada was admitted into the Union on an equal footing with the original states. Nevada’s history of race relations in the 1950s and 1960s was compared by journalists and the National Association for the Advancement of Colored People (NAACP) to that of some southern American states, notably Mississippi. Although not as formalized in law Nevada still provided many examples of racism against minorities in housing, employment, and public accommodation. Early beginnings of the civil rights movement in Nevada can be traced at least as far back as 1959 when planning for the February 1960 Winter Olympic Games at Squaw Valley was underway. The U.S. Justice Department was concerned because of the impact racial discrimination in public accommodations might have on international visitors and was anxious that nothing should occur to mar or blot that event. Likewise, the California Attorney General was concerned because Olympic visitors would be visiting...
Words: 665 - Pages: 3
...they still face adversity, as there has been an ongoing debate about whether or not their negative aspects are acceptable to society. The opposition to the acceptance of casinos claims that the costs of casinos easily outweigh the economic benefits. Furthermore, Economists acknowledge that the increases in economic growth reflect communities that did not previously have a casino (Geisler and Nichols 1). As casino gambling becomes more valued in the societal and profitable environments, there is still a notion that individuals with frequent gambling behaviors will continue to be negatively affected by the rise of accessibility to casino locations. As a result, there will be a greater risk of societal costs from problem gambling such as personal bankruptcies, drug consumption and an increase of crime (Goss, Morse, and Deskins). According to Potenza et al., many of the issues...
Words: 1892 - Pages: 8
...Introduction: Overview and Summary Statements Unemployment is at and all time high, we hear daily reports about diminishing state revenues. In the face of this tough economic news elected officials have come up with new and some old recycled solutions to feed our hungry revenue nation. The most common idea that gets debated upon is whether or not we should roll the dice and legalize gambling as a revenue winner. The advocates view on legalizing gambling point out that its productive way to bring in new jobs, a first class, environmentally friendly resorts, and a steady long term revenue stream for the state and several towns. On the flip side critic our set on the belief that legalizing gambling is going to strike back at the people and their homes creating addictive gamblers, crime level will sky rocket and local business will suffer from the new change. The Voice of the Pro Advocates Why is gambling being so frowned upon by critics? The present movement to legalize gambling which got under way in 1960 is still making some gain, but has however become greatly unpopular, and has slowed down! Although some short of gambling is legal in all but two states (Hawaii and Utah) why does it continue to be denounced? One reason that keeps pooping up, is critics feel the right to label it as being “unproductive” and therefore wasteful, but what is productive then? Back in the early 18th century one early view was that only agriculture was productive, and that manufacture was unproductive...
Words: 1446 - Pages: 6
...information I gathered, companies that offer several activities such as; gambling, pool dancing etc. are all a part of a successful gambling industry. However, this may be different types; it could be just a casino, hotels and casino resorts it is the environment to place bids which could be local and/or lottery companies. a casino is a facility which houses and accommodates certain types of gambling activities. The industry that deals in casinos is also known as the gaming industry. Casinos are commonly built near or combined with hotels, restaurants, retail shopping, cruise ships and other tourist attractions. There is debate over whether or not the social and economic consequences of casino gambling outweigh the initial revenue that may be generated. In the United States, some states that have high unemployment and budget deficits have turned to legalizing casinos, often in places that are not tourist destinations. Some casinos are also known for hosting live entertainment events, such as stand-up comedy, concerts, and sporting events. There are pros and cons to every company. The SWOT analysis is a great way to determine. Upon reading there are many different regulations with restrictions around the world for gambling. Gambling industries are such a huge asset to the Government because of the rather large revenue that it offers to the Government with benefits. For example, the help from the government, gambling and other local agencies or organizations decrease the unemployment...
Words: 822 - Pages: 4
...Meyer Lansky originally known as Meyer Suchowljansky was a prolific pioneer as becoming the National crime syndicate of the United States in the mid 1900’s. Lansky a powerful figure, in the eye of many, and was so skill full at what he does. Some referred to Lansky as the “Mobs accountant”. His skill of work would push him to a plateau which many could not or might not think of becoming, which was involvement with two different mafia parties and successfully keeping it in tact with one another. The Italian and Jewish mafia, with so much trust within one man the underground crime world would be ready to be under his guidance and leadership. Lansky unlike others was successful and being one of a few that would make the transition of illegal cash crops into legal cash crops. Meyer Lansky an immigrant living in the U.S, Lansky was able to conquer and become a powerful figure of the black market from a youthful age all the way leading to his final days as chief of his enterprise. Some may not agree with his methods but he was a heroic figure in many eyes. He was a crime syndicate which made him powerful and wealthy. Born July 4th 1902 in Russia, he was the son of Jewish parents that emigrated into the United States of America by 1911. By 1918, at the age of 16; Lansky grew a reputation and character for himself at a very young age. At that time he met Bugsy Siegel that would become a long time friend and business partner. In the beginning of their relationship, the two would get...
Words: 1761 - Pages: 8
...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...
Words: 4196 - Pages: 17
...Position Paper: Legalizes Marijuana Paul Frenzel DeVry University Professor Spruell 27 Nov 2012 It has been said over many years of debates, that a person truth is their perception as they interpreted it. I would have trouble believing that a better statement could be found for the issue of legalizing Marijuana. With modern medical science not only dispelling some the myths but finding new positive uses for the natural occurring plant. However with the new positive information coming to light we should also focus on some of the possible dangers, such as abuse. A popular analogy is made to the legalization of gambling in the late 1970’s. There are many that argue that Marijuana should be legalized and that is not the monster drug is made out to be. Has modern science debunked the myths, what are the current costs for enforcement, and what are the possible cultural affects? First Myths of the age old plant are varied but some of the more popular ones are that the use of Marijuana is a gateway drug, or leads to other drug use. Most research that compares the number of cannabis users to hard core drug users such as heroin or cocaine, has numbers that extremely small, that would suggest that there is no link at all (JFreter, 2009) . Another popular argument was that the use of smoking marijuana would lead to crime. Most serious research has suggested otherwise, mostly due to the fact that one of the effects of smoking cannabis is reduce aggression. In fact, in most countries...
Words: 1125 - Pages: 5
...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...
Words: 3029 - Pages: 13
...(IPV).There were 440 participants recruited from STI (sexually transmitted infection) Clinic from St. Petersburg, Russia to collect some information on health standing, alcohol use and hostility involving sexual partners. 47.0% were classified as abusing alcohol and 7.2% participants committed IPV who mostly drinks on the streets or in parks (BMC Public Health 2011). In a current issue, Pathological Gambling was classified as “Impulse-Control Disorder” section. This could relate to illegal acts which would be forgery, fraud, theft or embezzlement to finance gambling (Petry, 2010). According to Poulin (2006), gambling is an activity in which there a two potentialbenefits and harms to peoples for the general action towards gambling should reducing harm. Studies have constituted a relationship between gambling and suicide and suicide attempts. Logistic investigated relevant related to suicides with gamblers and debt due to gambling, to suicides with gamblers but no debt and non-gamblers. There were 233 (19.4%) suicides showed evidence of gambler prior to death; 110 of the 233 gambling suicides (47.2%) individuals who were indebted (Wong, Cheung, Conner, Conwell & Yip, 2010). Preventive Medicine (2008)...
Words: 1888 - Pages: 8
...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 sporting event legally. A person can bet on almost every professional sport, along with some collegiate sports, which mainly consist of men s basketball...
Words: 3524 - Pages: 15
...rapid growth of permitted gambling in the United States, much debate has risen over the positive and negative impacts of the gaming industry and casinos upon our society. Very little research has been done in the past to assess the influences upon our communities and our citizens. However, more and more issues are surfacing that are inducing much concern. The longer these establishments exist in our communities, the more their damaging effects are being felt. Those who are investigating this subject are coming to a unified conclusion: Casinos and gambling have many negative effects, far more than the few benefits that they provide. This country has undergone a gambling boom over the last two decades, and this popular past-time activity is still on the rise with new casinos being built every year. Before 1978, there were no casinos outside of Nevada (Grinols, 2006). Today there is some form of legalized gambling in every state except two: Hawaii and Utah. (Kearney, 2005) Commercial casino revenues increased 266% from $8.7 billion in 1990 to $31.8 billion in 1999. (NGISCR, 1999) Commercial casino revenues were recorded at $37.5 billion in 2007. (AGA, 2011) Revenues were recorded at 34.6 billion in 2010 (AGA, 2011), a staggering amount even after the drastic economic decline our economy endured in the previous years. With the ever-increasing popularity and access to these structures, increases in the negative impacts are being felt. Gambling addictions and pathological...
Words: 1065 - Pages: 5
...Babylon. Life insurance dates only to ancient Rome; burial clubs covered the cost of member’s funeral expenses and helped survivors monetarily. Modern life insurance started in late 17th century in England, originally as insurance for traders: Merchants, ship owners and underwriters met to discuss deals at Lloyds coffee house, predecessor to the famous Lloyds of London. The first insurance company, the society for the assurance of widows and orphans, was founded in London in 1699. After repel of the royal charter in 1720 providing monopoly to the London assurance and the royal exchange assurance companies was phenomenal. Competing companies started launching many new attractive life insurance plans. The first life insurance company of the United States was Corporation...
Words: 1545 - Pages: 7
...ECON 230: Urban Economics (G2) Term Paper: Business Location Decisions & Patterns: An Analysis of the Agglomeration Effects in Las Vegas Table of Contents Introduction 3 Motivation 3 Background and History 3 Las Vegas Strip Today 6 Location Quotient of Las Vegas 7 Development Phases of Las Vegas 8 The First Wave of Development 9 Supply-side Factors 9 Demand-side Factors 10 The Second Wave of Development 11 Demand-side Factors 11 Supply-side Factors 13 Summary of Development Phases 14 Comparing Macau with Las Vegas 15 Lessons Learnt For Singapore 17 Conclusion 18 Bibliography 19 Introduction Motivation Over the years, Las Vegas has developed itself into a city housing mega-resorts and massive entertainment providers. More specifically, Las Vegas Strip, which is a 6.8 kilometer long highway leading from Los Angeles into Las Vegas, has seen a conglomeration effect with many large hotels, casinos and resort properties congregating there. Nineteen of the world’s twenty-five largest hotel by room count are on the Strip, with a total of over 67,000 rooms. In this paper, we are interested in studying the agglomeration trends of the mega-resorts in Las Vegas, understanding the reason and benefits of concentration. Next, we attempt to analyze difference between Las Vegas and Macau, the 2 gaming giants of the world. Lastly, we will extend these lessons learnt to two upcoming integrated resorts in Singapore. Background and History ...
Words: 4025 - Pages: 17
...Penang Over the recent years, gambling has been defined as wagering of something with value on the aftermath of an event governed by an unavoidable segment of prospect for a reward with capital value, Gainsbury et al (2006). In addition to that, Eaves (2001) defined gambling as: “A simple definition of gambling would be, desiring the possession or possessions of another (prize) the gambler creates a risk (that of losing his own possession) in an attempt through chance to gain the possession or possessions of another with nothing given in exchange… It may be five thousand or five dollars, it may be fifty cents or one cent — the principle is the same, only the amount differs”. During a gambling session, cash is commonly wagered and won or lost or each of two directly through cash transactions, or discursively through tokens, credits and chips which have capital value. All other forms of entertainment joints are drawn in provisions of revenue through the gambling industry. Based on Mizerski’s (2012) gambling theory, industries correlated with gambling are now operational in most of the countries in Asia as well as in Western countries. The gambling industry’s activities are wide and international in scope. The author also stated that the biggest area of user entertainment revenue is represented by legal gambling world-wide and it even dwarfs other modes of entertainment such as the theme parks, music and movies. Ndubisi et al (2012) contend that gambling is a form of culture for most...
Words: 2240 - Pages: 9
