...Gambling: The Refinement of Legal Regulations Political Science 1020E - 002 1938 words In the UK alone, 70% of adult citizens willingly engage in at least one type of gambling per year. While gambling is viewed as immoral by some, it is still also a source of entertainment for others. This hobby that can range from playing poker in Las Vegas to purchasing a three dollar scratch ticket, and whether the stakes are high or low, the government is wise for legalizing it. History has shown that when the state bans a common interest, even if it done with the intention of protecting the public from harm, criminal activity will arise in order to meet the demands of the citizens. The government can avoid these illegal activities by allowing the public access to gambling, and with control of gambling institutions governments can also make a significant revenue. This essay will discuss the economic advantage of government-controlled gambling, and the importance of refining current regulations in order to avoid harm towards those who choose to participate in gambling activities. The act of gambling is an act of free will, and liberty of the individual should be just as important to the government as the safety of its citizens. Since all actions have consequences, the government should claim responsibility for creating a public policy that ensures the least possible harm for the actions of its citizens. In the United States and Canada, 1.6 percent of adults are considered to be pathological...
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...Introduction Gambling Addiction and Problem Gambling To some people gambling is just a waste of time and money but to some it can be a winning streak. Back then in the 1970s 30-55 years old was the typical age that most people gambled but now the typical age is 17-70 years old. In the United States the legal age to gamble is 21 in most casinos and in some Indian casinos the legal age is 18. There are many ways to gamble there are casinos, online gambling and even home gambling with family or friends. Gambling not only interferes with your money it can also affect and causes problems with an individual’s life. Gambling addiction and problem gambling create physical, emotional, social and financial problems in the lives of the gamblers and their loved ones. Gambling is to put something up for; like money or something that has value. There are many games that involve gambling for example card games, dice games and even sports like football, basketball and boxing, which all involve betting. Gambling is all about taking a risk its either you will or you lose. It also depends on luck its either your lucky or not. Many say gambling is a sin because most religions are against it. Gambling addiction is a behavior disorder that can interfere with an individual’s life. A gambling addict is a person who is out of control. Gambling addiction is also known as pathological or compulsive gambling. “Compulsive gambler’s can not control the impulse to gamble, even when they know their gambling...
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...particular business research was a little different from the conventional business research process for location. For example, usually if someone wanted to open a movie rental establishment they would do research to find out the location in which they are most successful. They would find out that they are most successful next to or in close proximity of a McDonald’s. One more example would be a CVS Pharmacy being successful close to a Walgreen’s. Another business research process that is very important in the casino industry would be the selection of which slot machines to put onto the casino floor. There are several business research processes that are involved with this decision. The Slots Director has to sift through thousands of different slot manufactures and themes to determine the right ones for the property. A couple of research questions that have to be answered before selection will be: Will the theme of the slot machine be successful in the current market? Are they currently in the current market and how are they doing on other properties? Would it be better for the property to buy, lease, or pay a rental fee with a revenue contribution to the manufacturer? All questions that...
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...ISSN 1940-204X TallTree2 Hotel Casino John R. Mills University of Nevada at Reno Jeffrey Wong University of Nevada, Reno Background could be generated by the players gambling. Thus, room prices as well as food and drink prices were set very low to get the customer in the door and keep them there with the notion that these reduced costs would be recouped with 过去其他部门低成本,靠赌博收益,现在变了,见收 casino customer play. 益表分析 But, as the hotel casino structure expanded into luxury hotel complexes with upscale shopping centers (substantially increasing capital expenditures), management now wants these departments to operate more like profit centers. Whereas 20 years ago the casino department generated over 90% of total property revenues, current property revenues are more spread over a range of departments. The current income statement (Worksheet #1) for TallTree2 Hotel Casino shows that 64% of revenues are generated by gaming while rooms (14%), food (12%), beverage (6%), and other (4%) make up the remaining 36%. Northern Nevada casino operations are cyclical, with 收入的季节性 peak demands occurring on Friday and Saturday (100% 特征 hotel occupancy) and during July, August, September, and October. Hotel room rates can change substantially, with rates during the slow period as low as $49 but the same room selling during the Hot August Night Special event for $350 per night. Special holidays such as Thanksgiving and Christmas have traditionally been very slow for casinos...
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...Hotel Casino John R. Mills University of Nevada at Reno Jeffrey Wong University of Nevada, Reno Background The TallTree2 Hotel Casino is a 640-room resort complex featuring a full range of Nevada-style gaming: slot machines, table games (twenty-one, craps, poker, roulette, baccarat, and keno). Besides the hotel and casino, it also has four separate restaurants, two entertainment showrooms, and three gift shops. It is located in the extremely competitive Reno, Nevada, market that includes 25 other hotel casino properties within a 10-mile radius. Given the competitive market, the casino management uses a wide range of marketing promotions to attract customers to the casino facilities where, it is hoped, they will try their luck at the slots or table games. Casinos are designed in such a way that customers must walk through or past the gaming area to get to the restaurants or the hotel registration area. The primary objective of a hotel casino property is to keep a gaming customer in the complex. The casino industry is a unique service industry that has created gaming odds that over a period of time will result in the casino generating revenues from its customers. For example, in northern Nevada, the house normally keeps 2.1% of every dollar that a player puts into a slot machine. Other states and Indian properties can retain up to 12% of each dollar played. For table games the normal return is 12% of drop (money lost by players). To maximize the casino profits, the key is to provide...
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...Updates & Kidbits Janice Selekman, DNSc, RN Gambling: Normal Adolescent Activity or Pathologic Addiction? Janice Selekman A 15-year-old comes to the school counselor. He owes $4,000 in gambling debts to a sports-betting bookie, and he doesn’t have the money. He is afraid. Yet, 2 weeks later, he bet on the Super Bowl and won $3,000. A 14-year-old limits his betting to $20 and $30; he only bets what he has and he is happy with his successes. A 17-year-old was born with a malformed arm and cannot play sports; instead, he makes bets on sports games. He sells his belongings to get the money he needs; right now, he owes $700. Are the behaviors of these teens unusual? ngaging in one or more high-risk behaviors is often viewed as a normal expectation during the adolescent years. Whether testing the limits of the speedometer when one first learns to drive, engaging in sex or smoking, or using illegal substances or medications not prescribed to them, teenagers think of themselves as invincible and able to handle anything. Some activities start as innocuous behaviors and only later are found to be harmful, such as using tanning booths to look healthy. New to this list of activities in which adolescents engage is gambling. It occurs with such great prevalence that it is not always recognized as gambling; yet, this behavior, as with any risky behavior, can be detrimental to an adolescent’s health. Gambling, sometimes referred to as “gaming,” is defined as the practice...
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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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...Title: Why Bitcoin Roulette Took iGaming By Storm Description: Whether it’s free Bitcoin roulette or placing actual wagers, you will surely enjoy the advantages of playing the classic game alongside cryptocurrency payments. Keyword: free Bitcoin roulette Roulette is one of the oldest wagering activities that continue its fame all over the world for centuries, including European and Western countries. The game was first introduced in France back in the 17th century. The meaning of the world Roulette in the French language is ‘Little Wheel’. In the game, one wheel with is used to spin and roll a ball; the ball lands on any of the 36 or 37 (American Roulette) numbered slots marked on the wheel. Each slot is painted either black or white and has...
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...Net Entertainment always had a great way of taking Hollywood blockbusters and turning them into some of the best looking and most popular online slots in the gambling industry. The Invisible Man is a great proof how a movie that is over 80 years old can be transformed into a modern looking and a very exciting game that will bring you hours of fun. The game also offers some great and unique features like Win both ways, two different wilds and also two different Free spins modes. In our opinion, Invisible man is one of the best, movie inspired online slots we have seen lately. Bets and prizes The Invisible Man is a 5 reels, 20 pay-lines slot that does not offer a progressive jackpot, but nonetheless, you will have more than enough chances to...
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...Join Rizk Casino 1 million celebration If you ever tried to play at Rizk Casino, you already know about the Wheel of Rizk, an awesome and unique fortune wheel that gives players different bonuses and rewards. Captian Rizk has counted down all the freebies that have been given away to the players and the number already hit 1 million. To celebrate this milestone Rizk is offering the casino lovers even more rewards because that's how they roll. It’s Time To Celebrate 1 Million Wheel Of Rizk Rewards. If you haven't signed up with the Rizk casino, it;s not too late, just click on the link below and you can get a bonus of £100 and a free spin at the Wheel of Rizk where you can get prizes like 10 free spins or £25. After that starting from...
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...degree, but I am up to the challenge. This is a different approach to school but my first 5-weeks went rather well so I am looking forward to these 5-weeks. At first I was going for my degree in Business Administration, but I decided that I should go for my passion and that is helping people, because I know in the long run it will pay off tremendously and I will have helped so many children, teenagers, people in general and I will TRULY love that because it is my passion. In my spare time I love to spend time with my friends, family, hubby and twins. I love to go to movies, zumba, working out and just soaking in whatever spare time I can. Right now the little spare time I have is consumed with working full-time at WMS a manufacturer of slot machines, being a mom, wife, big sister, friend and student, but I love it. I wish you all well in our next 5...
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...Table of Contents Introduction………………………………….….…..…..Pg. 3 Broad Overview of the Gaming Industry…………....….Pg. 4 Trends……………………………………………..…….Pg. 5 Is My Business Fit for Gaming…………..…..................Pg. 6 Larry Katz of Dot’s Diner………………….……….…..Pg. 7 Lessons Learned……………….......................................Pg. 7 Conclusion…………………………………….….……..Pg. 8 Works Cited……………………………………………..Pg. 9 There are many industries that are out there providing jobs for many different people in this world. There is however, quite none like the Gaming Industry. The beginning of gambling can be traced to religious rituals in pre-historic societies. The rituals had a purpose of predicting the future. The procedure of the rituals was simple and consisted of “casting the lots” throwing small objects like pebbles, sticks, nuts, arrows etc. out of the palms of the hands or any container (Hoovers, 2012). The result was checked to see if the number of the objects on the ground was “odd” or “even”. “Even” number meant a positive outcome and “odd” stood for a negative one. With time that process became more complex and also involved interpreting the patterns of the objects lying on the ground. The next step in the evolution of these rituals integrated the sacrifices from the participants to encourage the fate of the Gods to deliver positive signs and help. The sacrifices were normally personal stakes which turned those involved from observers into active players of the process...
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...UNCC 100 Topic: Poker Machines: Hitting it big or a big hit? If an individual believes in a religion, any sort of Gambling is deemed wrong and illegal. However, in the realistic world we humans are never perfect, be it religion, values, personality and culture. This essay is regarding a sector of Gambling: Poker Machines and would look into 3 perspectives (Hotel Industry, State Government & Social Service Organizations) which discusses the approaches and reforms made by the perspectives that supports common good to the community. This leads to the questions, would the Poker Machines help the economy just because the State Government receives taxes from Industry and in turn funneled to run community projects and resources that benefit the community, Poker Machines help the Hotel industry in revenue and that justifies employment, or would the community suffer and social services are needed at the expense of tax. The term 'Pokies - Poker Machines' is part of the Australian culture, statics show Australia is ranked 10th in the world for 'number of people per gaming machine' and ranked 6th in the world for 'number of machines by country'. That is 1 poker machine to every 108 individuals, located in RSLs, Hotels and Casinos and the total sum is 200,000 poker machines (Gaming Technologies Association, 2010). There is a correlation between common good and social justice when assessing the perspectives approach and reforms suggested in regards to the hotel industry, state...
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...Topic Selection The topic that I have chosen to do my research is Gaming: Regulations and Addiction. I am not a gambler. I never have been a gambler nor do I intend to participate in gambling in the forseeable future. However, I have the need to discuss this particular topic in anyway possible because I have noticed that gaming as a whole, has been gaining ground more than ever, especially in the rural America. Gaming has an impact on our society in such a negative way and has affected many people nationally and globally, gaming has affected some of people that I have grown up with and have known most of my life, including my mother who's now addicted to computer slot machine gaming. I see and the understand the catastrophic impact that gaming has on the people from my community, let alone my own mother, which is why I came to choose this topic. Three Research Questions 1.) Does gaming have any positive contribution to our society? I strongly believe it is crucial that we determine if gaming has an actual positive effect in our society or it is just an absolute disruption to our ethical views in life. I truly think that it is the latter but it is important that we take a look on different aspects of gaming as a whole before we can conclude upon it. 2.) Is there an ethical need for new regulations in gaming as a whole? It is critically important to review all the regulations that were put on gaming to...
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...stations attempting to access the channel at the same time. Suppose that time is divided into discrete slots, with each stations attempting to transmit with probability p during each slot. What fraction of slots are wasted due to multiple simultaneous transmission attempts? The fraction of slots wasted due to multiple transmission attempts is equal to the probability that there will be 2 or more transmission attempts in a slot. So: Probability[2 or more attempts] = 1 – Probability[no attempts] – Probablity[exactly 1 attempt] = 1 - (1-P)^N - N × (P × (1-P)^N-1) 3. A simple medium access control protocol would be to use a fixed assignment time division multiplexing (TDM) scheme. Each station is assigned one time slot per cycle for transmission. For the bus, the length of each slot is the time to transmit 100 bits plus the ene-to-end propagation delay. For the ring, assume a delay of 1 bit time per station, and assume that a round-robin assignment is used. Stations monitor all time slots for reception. Assume a propagation time of 2×10^8 m/s. For N stations, what is the throughput per station for a. A 1-Km, 10 Mbps baseband bus b. A 10-Mbps ring with a total length of 1Km a. Slot Time = Transmission Time and Propagation Time Transmission Time = (Number of bits / Rate) Propagation Rate = 200,000,000 m / Second Slot Rate = 1 / slot time = 100 bits per slot Propagation Time = (104 / 2)(108) = 50 µs...
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