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Gambling Essay Topics & Paper Examples

Immorality of Excessive Gambling

Excessive gambling is immoral because it causes people to exhaust their resources on an activity with uncertain results which can result to bigger problems in the end. Those who gamble should practice moderation in their ways so that they will be able to avoid the possibilities of gambling dependency on one’s future and of drying-up one’s financial resources just to satisfy an earthly pleasure. Instead of going to casinos and playing card games on a regular basis, people should only do so as a pastime so that they can a lot most of their time to more rewarding activities that are certain to compensate for their efforts. If a person gambles too much, the tendency of the individual is to…

Win Some Lose Some

Casinos are more and more common in small communities. With this being said small communities are changing into a gambling economy. There are both negative as well as positive impacts of casino gambling on the economy. In some cases the positive aspects outweigh the negative. Casinos are good sources of economic development, creating jobs and providing resources needed to build a better economy. A casino is a good choice as to help with economic development. This is a great way to attract people who bring in revenue. Take the Northern Quest Resort & Casino as an example; it is located in Airway Heights which is a small city. A once small town is now popular with the excitement of a…

Gambling among Adolescents in North America

Lottery, card games, sports betting and money wagers. These are a few kinds of gambling that adults engage in; however, the youth of today are also found to be gambling more than adults (Derevensky & Gupta, 2002; Huang & Boyer, 2007). According to Derevensky & Gupta (2002), there is an alarmingly high percentage of children and adolescents engaged in gambling activities. In a long-term analysis between 1984 to 1999, it was found that the prevalence of youth gambling in North America increased from 45% to 66% and that the proportion of the youth who have serious gambling-related problems have increased as well from 10% to 15% in the same time period (Huang & Boyer, 2007). In the past 25 years…

Gambling Addiction’s Effect on Family

Gambling is a distraction for most people, something to look forward to on a vacation or the occasional trip to the racetrack. However, there are others who can’t control their interest in gambling. Instead of doing it on an occasional basis, it becomes an everyday activity and a cruel addiction. Individuals who become addicted to gambling often get overwhelmed by the activity and allow it to become the dominant thing in their lives at the expense of themselves and their family. Addiction Addicted gamblers get into trouble when they start chasing their losses. A gambler may go to the casino or go online to gamble with a fixed amount of money. According to the American Academy of Family Physicians, the…

Stock Market Vs. Gambling

The difference between gambling and buying stocks of companies is that you are betting on the future of the company and you have records you can research. If something terrible happens to the country, like a natural disaster, stocks will go down. If the country does well, the stock market will most likely go up. The key to doing well in the stock market is to research the companies you are trying to buy stock in. If you just pick a couple random companies to invest your well-earned money in, it would be more like gambling. It is possible to lose a large sum of money buying stocks if a company that was once flourishing has something bad happen. For…

Gambling is the process

Gambling is the process by which one stakes his money with the aim of making more. When one is confronted with the issue of making money, one has to draw a clear line between greed and need for money. The urge for gambling is usually very high that in almost all cases that line is ignored. It easily leads to addiction through which one can end up loosing lots of money inspired by the greed of making more. When one indulges himself excessively in gambling, there are very high chances that he or she will end up in engaging in other activities that are criminal in nature, in order to sustain the increased demand of more money so as to…

The Role of Setting in The Lottery Ticket

The various types of setting used in “The Lottery Ticket” contributed to a greater fluency of the story’s plot, a push in the character’s action, and more importantly revealing the theme of the story. First of all, the time of day set in the story provided the two characters, Ivan and Masha, a more suitable chance to fantasize. Readers can find out in the introduction that the entire event occurred “after supper” (P198), the time of day at which people generally get more relaxed, satisfied and comfortable since they just filled their stomach. Therefore, it is more possible, than any other time of the day, for them to fantasize, without realizing the unreality. Another type of setting that affected the…

If I Have One Million Dollars

If I have one million dollars, I will immediate quit my job and find a scenic countryside place to take a vacation in order to release my mental and physical stresses. If I have one million dollars, I will buy a seaside house living with my husband, children, and parents together. If I have one million dollars, I will buy a fancy car then take a national wide self­driving trip to experience different regional culture and visit famous landscapes in this country. Meanwhile, if I had one million dollars, I would run a company for purpose of earning more money in future. If I had one million dollars, I would open a saving account to store the money in a…

Ethical Problems of Gambling

Looking at the ethical view of gambling through the eyes of Utilitarianism and Deontology perspectives we will find 2 very different views with the same outcome. Should there be any restriction of gambling? Is it a form of freedom, or an invitation to addiction? George Washington said: “Gambling is the child of avarice, the brother of iniquity, and the father of mischief.” Benjamin Franklin advised: “Keep flax from fire, and youth from gaming.” There is all kinds of gambling these days, there is internet gaming, sports wagers, casinos, animal fighting , and many other ways , we can even gamble in the stock market. Utilitarianism suggest that we do what’s right for the most people involved. As I think about…

Sands Hotel and Casino Analysis

In 1976 the voters amended their state’s constitution to allow gambling in Atlantic City. To regulate the new industry, the New Jersey Casino Control Commission (NJCCC) was established. They established a comprehensive set of regulations to be followed by the casino’s to ensure the state received all revenues they were entitled to. The gaming industry opened in 1978, Atlantic City had nine large casinos operating by 1982. The Sands Hotel and Casino operated under the Great Bay Casino Corporation with a gross revenue of $184 million, $144 million of that revenue came from the gaming operations. The finance staff was large with approximately 2,600 people in the organization and over 400 were in the finance department. The Sands had over…

Cyberspace Gambling

Gambling has turn out to be so much a part of American life that gambling opportunities can be found on land, over water, in the air, as well as even in cyberspace. Whereas the millions wagered electronically in 1998 pale in comparison to the billions officially wagered in casinos, lotteries, plus parimutuel venues, it emerges to be the wave of the future (Crist, 1998). Cyberspace Gambling The element of online revenue to be measured is cyberspace gambling. Investment bank Merrill Lynch anticipates e-sports betting to mount, from its present US$142 million, to US$2. 8 billion by 2015 (Gerlis 2001). Some industry experts think this to be a very conservative approximation. In actual fact, it can be argued that, with the…

Australian Casino Industry and Competitive Analysis

1.0 Background The Casino Gaming Industry is made up of a number of competitors. Key players dominate the industry separating the them into two categories: large-scale and small scale casinos. All offer a range of products and services including Keno, other income-hospitality services, gamin/poker machines and casino gaming tables. Demand stems from the localized market and the overseas premium players market. High profits can be derived from the overseas market however dependant only on those losses suffered by players. The industry has experienced slow growth for the past 3 years due to environmental trends. Government regulation is high due to changes in socio-economic conditions such as problem gambling. It has seen a number of mergers and acquisitions take place to…

A speech about horse racing

As most people know, horse racing is a contest of speed between two or more horses. Usually thoroughbred. To most people it would seem that horse-racing was the purest sport imaginable. With tracks monitored by overlapping cameras and gates controlled by computers, it seems like the honest man’s game. Horse-racing is a 15 billion dollar a year industry and the 2nd most widely attended spectator sport after baseball. It started around 4500 bc in central Asia and for thousands of years was the sport of kings and nobility. The main reason horse-racing is still around today is for the legalized gambling. Horse-racing is a major professional sport in Canada, Great Britain, Ireland, Western Europe, Australia, New Zealand, South America, and…

Against the Odds, and Against the Common Good

In her essay, “Against the Odds, and Against the Common Good,” Gloria Jimenez evaluates the debate for state-run lotteries and surmises that state representatives, having citizens’ welfare in mind, should not pass bills urging them to gamble. In today’s society, state-run lotteries are common establishments considering the majority of our country has one. Thirty-nine states and the District of Columbia all have lotteries justified as necessary state funds beneficial to the common good. But with state lotteries no one wins—not schools, not the government and not the American public. (1) The lottery system does not contribute notable funds to the state or schools (2) it is a regressive form of taxation (3) it creates limited jobs (4) it is harmful…

Pros and cons of horse racing

Horse racing is an adrenaline filled sport for all the participants. It is a short lived, action packed, joy ride. The sport has increased in popularity over the past several years, due to the need for a rush, and is continuing to rise. Due to this massive influx in size the amount of money the business is contributing to the government is large. The business has also had to hire a multitude of people to help carry out the job of keeping the business as orderly as possible. The enlargement of the horse racing industry has also made the stakes for money in the winning a much bigger deal for owners which means they will do most anything to win….