ipl-logo

The Pros And Cons Of Gambling

1712 Words7 Pages

Also, the casino provided many job opportunities to locals which range from F&B, to office and management. Big businesses generally provide high-paying jobs and generate tax revenues for different levels of government. However, some of them may become “too big to fail,” meaning that the failure of any one of them can cause widespread economic havoc. Problems in just one operating unit can bring down a big business, which can lead to job losses and economic depression.
Despite the government 's attempt to improve the economy with the establishment of the casino, the reaction of the people is overwhelmingly negative. Some people feel that there is too much emphasis on the casino whereas there are other public works that could be improved such as schools and education. Gambling, in general, can adversely affect someone’s life. Family, depression, someone thinks they can turn their life around by playing, but in the end they actually lose more money due to corporate strategies to make them spend more and more. Despite stiff gambling laws, cheating persists and some believed that some operators do not pay full taxes. In some lax or improperly managed casinos, drugs, alcohol and prostitution exist and are either tolerated or ignored.
There are several problems that have come up with the construction of Best Sunshine and Imperial Pacific. Environmental issues including the dumping of wastewater in the lagoon in Garapan. There were also reports of digging up of ancient human

Show More
Related

  • Fan Duel Sports Gambling Analysis

    665 Words  | 3 Pages

    It is estimated that 57 million people in the united states are participating in this site. Studies have shown that FanDuel expects to give out 2 billion dollars in prize money this year. Which is money that the government thinks could be used for different purposes. So what does this mean? Studies have shown that organized gambling states like Nevada create many jobs for people and attracts thousands of tourists.

    Read More

  • Thomas Keller Case Study

    2745 Words  | 11 Pages

    In the economic category, there are many risks that could cause closure such as “decreased profits from diminished revenues; depressed profits resulting from poor controls; and voluntary and involuntary bankruptcies, involving foreclosures, takeover by creditors, receiverships, or frozen assets for nonpayment of receipts” (Parsa, Self, Njite, & King, 2005). The largest risk to a startup restaurant is having enough funds to hold out until the restaurant makes enough money to support itself (Scott, ). Scott goes on to explain that a new restaurant needs to have enough money that it can pay payroll and pay its vendors for as long as the restaurant requires to start making a profit. Entrepreneurs who fail to do this usually are pulling from their personal savings or charging items on credit cards (Scott,

    Read More

  • Pros And Cons Of Horse Racing

    142 Words  | 1 Pages

    Is horse racing too mainstream for you? Head down to the Tri State Racetrack and Gaming Center if you are in West Virginia, where you can wait greyhounds race instead, and even bet on the races! If you are staying near the Tri State Racetrack and Gaming Center, you can visit the West Virginia State Museum, State Capitol and the West Virginia Veterans Memorial, where you can pay tribute and learn more about the soldiers who sacrificed their lives during World War II and the Korean War. Also, head towards Capitol Street, which exudes old world charm with its old buildings. Ellen 's Ice Cream parlour is said to be a crowd favourite, so do stop by especially on a hot afternoon!

    Read More

  • Big Businesses During The American Industrial Revolution

    1254 Words  | 6 Pages

    Throughout the United States history big businesses have affected and influenced the way in which the American Government and people work and live. The American industrial revolution sparked off the use of big business in America and it continued to grow from their. Big businesses have pushed the limits of many law and regulations and have both been good and bad for Americans. But through all of the bad and good of big businesses they have helped make America what it is today and without big businesses America may not have survived past its beginning. When the first settlers arrived at what would soon be jamestown they needed to farm in order to survive, but soon after it was found that tobacco, a very powerful cash crop could grow in this

    Read More

  • Native American Gambling Research Paper

    1943 Words  | 8 Pages

    The act allowed Native American tribes to offer various types of gambling that are legal in the state in which they are located. The specifics for each type of gambling are detailed in compacts between the states and each tribe. Since then, more than two-thirds of the tribes in the country have partaken in the establishment of nearly 400 casinos. In 2006, Indian gaming alone generated $25 billion, with evidence suggesting the investment of gaming dollars into a broad array of social, economic and governmental programs (National Indian Gaming Association, 2009). Overall, these casinos appear to have a symbiotic relationship with their respective state government and an overall positive effect on the people in their

    Read More

  • Persuasive Speech: Tribal Gambling

    858 Words  | 4 Pages

    Unfortunately, we are encountering into a mature, gambling marketplace. A mature business, in which, we maybe on a downward (cline), and I hope not a downward sharp trajectory. Because one of the biggest questions that I have, in the case we do build this one casino and the possibility of others down the street, down the road. Here is my question, what if it fails? What happens if it fails?

    Read More

  • Argument Against Gambling In Australia

    834 Words  | 4 Pages

    Gambling costs taxpayers millions of dollars through treatment, crime health issues and bankruptcy. In Victoria, the cost to the Justice system was 26 million dollars and in the Health Sector the government spends a further 37.5 million a year in treatment programs designed to combat problem gambling. The ‘Office of Economic and Statistical Research’ reported that the expenditure involved in the treatment of health issues arising from gambling was at an estimated 400 million. These health issues such as depression and anxiety are attributed to many gamblers. Dr Mark Zirnzack, from InterChurch Gambling Taskforce responded to the inquiry into the cost of gambling.

    Read More

  • Five Tells That Casino Gambling Is Bad For Georgia By Jay Bookman

    934 Words  | 4 Pages

    Should Major Casinos be Built in Georgia? An analysis of Jay Bookman's "Five Tells' that Casino Gambling is Bad for Georgia” In this article readers will learn how casinos are bad for Georgia and that senators are deceptive in their practices while trying to get casinos for Georgia. This analysis of Bookman’s article will cover the deception of the name change from casinos to “Destination Resorts”, where Bookman believes the revenue is going to come from, the tax issue for casinos, the effect on jobs in Georgia, and how voters are being taken advantage of.

    Read More

  • The Pros And Cons Of Gambling

    1468 Words  | 6 Pages

    Gambling is both a form of entertainment as a something which can develop into an addiction and disorders( e.g. pathological gambling). A pathological gambler is someone who is unable to resist his or her impulses to gamble. This can lead to severe personal and or social consequences. For example, pathological gambling can be a factor which leads to homelessness (Knezevic & Ledgerwood, 2012), and other atrocious financial consequences. In Spain there was significant increase in young pathological gamblers since the legalization of online gambling (Chóliz, 2015).

    Read More

  • The Pros And Cons Of State-Organized Lottery

    2010 Words  | 9 Pages

    When driving down the interstate, signs can be seen stretching on for what seems to be miles. Flashy advertisements flaunting life-changing amounts of money flood the daydreams of many commuters. Flashing machines in gas stations grab the attention of many average people, teasing them with a marginal chance at a ludicrous amount of money. Some people pass these offers by, rationally realizing that they are more likely to be struck by lightning than winning on those odds, but still, these machines often see long lines of people chasing this dream. Scenes of the Powerball, Megamillions, and various scratch-offs showcasing the modern American dream of a luxurious lifestyle, have become an essential staple of gambling in contemporary life in the

    Read More

  • Jackpot City Review

    2125 Words  | 9 Pages

    22- Jackpot City review Jackpot City has been the most favorite online casinos among the casino lovers in Canada. The Jackpot City is one of the best entertaining casinos that offer online games and exciting offers to the online players. The Jackpot City has been reviewed many times as the best in Canadian online gaming and since 2003 the casino has developed a well established rapport as secure, safe and trustworthy online casino having eCogra seal of approval as being trusted and safe for the players. License: The jackpot city has been licensed through Malta gambling authority and is associated with Maltese company. Software:

    Read More

  • Pros And Cons Of Legalizing Marijuana

    1178 Words  | 5 Pages

    Cons of Legalizing Recreational Marijuana Marijuana legalization, for whatever reason, has been a topic of heated debate for years now. Different people express different opinions about why or why not it should be legalized for recreational use. The American FDA categorizes marijuana as a Schedule I drug meaning that its benefits are not guaranteed as many people claim. Although the drug has been said to contain medical benefits, the reality is that further research on how and when to use it is needed. Different states have legalized the use of Marijuana for medical reasons.

    Read More

  • Why Is It Important To Live Casino Reviews In The UK?

    836 Words  | 4 Pages

    The online casino offerings come with an exciting casino platform which gives a rejoicing experience for the casino players. One can get the real feel of playing the casino game even when he/she stays at home. The site also provides the facility to interact with the game dealers side by side when the game is being played. The mobile version of the TitanBet Casino makes it possible for the players to play the casino games even when they are moving. The trend of the TitanBet Casino live casino game will reflect the real-life casino games and one should never miss this experience.

    Read More

  • Is One Worth Pay For Real Money Casinos?

    874 Words  | 4 Pages

    The immensity of the gambling world has been taking the breath of many players around the globe. There are so many options of casinos in the real world and online that it is just difficult to decide which one is the best. However, not all the players play for the fun itself, many gamblers like to put money on the row and try the luck on real money casinos. Nevertheless, choosing the right real money casino might be a little challenging, but nothing that a careful search cannot help.

    Read More

  • Offline Gambling: Why Do People Gamble Online?

    951 Words  | 4 Pages

    In order to understand why people gamble online, it is important to first understand online gambling itself. This can be done through finding similarities between the various forms of online gambling, which can help to define the appeal of online gambling. Furthermore, the differences and similarities of online gambling and offline gambling should also be examined. Due to the fact that those similarities and difference can tell how much these forms of gambling are related. This can be done by looking at what gambling ‘affords’ to its users, and seeing which utility gambling provides for an individual user.

    Read More

More about The Pros And Cons Of Gambling

Open Document