Economic Effect of Gambling in the US

Gambling is one of the American people’s favorite hobbies, and the topic has amazed me since I read the book Bringing Down the House in 5th grade. On a recent college visit to California, I was surprised to learn that one course available for completing the math requirement was called “The Probability of Gambling”, and was a study of the probability behind various card games, including Texas Hold ‘em and blackjack. Gambling is also a popular venue in the media, as can be seen in popular movies such as 21 and Casino Royal. When I was younger, the concept of earning money while playing a game that I enjoyed fascinated me, but as I grew older, I realized the naivety of those beliefs. Casinos wouldn’t offer gambling if patrons were consistently putting the casinos in debt. Now, I am more interested in the effect gambling has had on society, specifically on its economic impacts. I believe that gambling has been beneficial for the US economy in the past and will continue to benefit the economy for years to come, but the stress gambling puts on society has greatly increased problems in communities with high profile gambling industries.

Gambling in the Americas began when the first colonists came from England, and the Virginia Company needed a way to get some profit. They turned to a lottery, which was quite successful, except it was associated with settler’s laziness as well as the economic troubles faced by the colony. The Crown eventually shut down the lottery due to its impact on a royal lottery operated throughout the British Empire. Lotteries were used again by American colonists in an attempt to raise funds for the Revolutionary War without raising taxes. This was extremely successful, and the practice was continued into the 19th century in order to transportation improvements, especially as the Western frontier continued to gain attention and popularity. When gold was discovered in California, gambling became one of the most popular forms of entertainment for miners in the West. However, the economy slid into a recession after the gold rush, leading many people to associate gambling with economic depression. Lotteries were also becoming increasingly corrupt, with organizers fixing the results for a portion of the pot. These circumstances led to nationwide ban on gambling, with the exception being Nevada, where professional gamblers would flock to from across the country to create the foundation for modern day Las Vegas.

The ban on gambling didn’t last long, as the Great Depression forced government leaders to revoke the ban in an attempt to stimulate the faltering economy. Gambling once again grew in popularity, although it only increased the divide between the rich and the poor due to the uneven payoff associated with casino gambling. State lotteries became popular during the Cold War, especially when Reagan became president, because he cut national funding for key aspects of the country such as education and Medicare in order to fund the war against the USSR. Tribal gambling also began to grow in popularity during this time, due to state’s inability to regulate prize money on reservations. Instead of going to state run lotteries or gambling locations, locals and tourists alike would flock to the reservations in the hopes of winning it all, although this rarely ever occurred. These various aspects of gambling have steadily become more popular, with casinos and lotteries providing support for various state economies.

Gambling provides two main benefits to states: casinos bring in tourists while also paying tax to the state for gambling revenues. An influx of tourists means money flows into the state economy without any significant loss of money due to the low odds of winning at casinos. The state gets even more money from gambling because casinos are forced to pay a tax on all revenue earned, with tax revenue almost reaching $1 billion dollars in Nevada. The gambling industry has also created more than 500,000 jobs, lowering unemployment throughout the nation. However, gambling isn’t perfect, and there are other statistics that paint a much more worrisome picture about the industry.

Crime seems to be strongly correlated to gambling, with cities introducing casinos seeing an increase of over 50% in crime rates. This forces states to spend more on the police force, diverting funding away from other projects in an attempt to combat a problem caused by gambling. Organized crime is also a very common issue due to the large amount of cash flowing in and out of casinos each day. Problem gambling also becomes a much larger issue when casinos are present, which in turn leads to a higher crime rate when people need to pay off gambling debt. There are some detrimental aspects of gambling in society, but for the most part, the gambling industry has helped keep the American economy from slumping.

After reviewing the various statistics from my research, I believe that gambling has been beneficial for America. Whenever the country has faced economic hardship, gambling has been promoted or legalized to bolster a weak economy. Not only does it have a positive influence on the economy, but I believe that gambling also benefits the American people. Card games such as poker and blackjack are universal and can help bring people together in social environments. In a few short months, I will be able to legally experience the large attraction gambling has to a large number of Americans. Although there are some harmful side effects of gambling, these are outweighed by the benefit that the industry has displayed throughout history.

Fortnite Basics

Fortnite is the name of a hit new game that was released back in September of 2017. When it was first released there was very little hype about it and did not receive much attention at its initial release. Due to that simple fact, the company that created it decided to offer a portion of the game for free and since the game has become probably the most popular in the world now. There are many aspects that make the game unique.

First off, it is a third person shooter but very animated in its positioning so not very serious in a manner of terms. Along with being a shooter game you are able to harvest materials such as wood, brick and metal and craft different building structures like ramps, walls, floors, and really anything imaginable. The point of the game is to be the last player or squad standing. The game starts out with one hundred players all dropping in from a school bus held in the air by a hot air balloon to a giant island with different little towns and places marked on the map. Each person drops off of the bus and once they land they loot for weapons and shield before someone else finds the loot first. There are many different types of weapons like shotguns, rifles, rocket launchers and many other different weaponry to find. Players open up golden chests that give you multiple items usable in game like potions and weapons as mentioned above. Once a player has the loot they want they must move into the storm circle as the outside storm closes in slowly and forces players together. The storm will slowly decrease your health if you are caught in it till eventually your health runs out. Once your health runs out there is no respawning into the same game as you must start over from the beginning.

The ultimate goal is to be the last one standing and achieve a “Victory Royale”. It is a difficult feat as there are many highly skilled players out there that play and compete viciously on a regular basis. The key that has been found by most of these highly skilled gamers is to be able to build more efficiently and quickly in the heat of a gun fight. These builders are usually the most skilled of players and tend to win more of the games they play. Inexperienced players that are still learning the overall flow of the game do not usually find their first win till many games played. As time has gone on the developers of the game have added special limited time game modes to the mix as well to keep the game interesting and their die-hard players entertained and not becoming bored after so long. The mode that has become a favorite of many is the high explosive mode which takes away all normal weapons and leaves players wandering around the map finding grenade launchers and rocket launchers and a few other specialty weapons to win the game with. These additional modes provide a skill change and allow newer players to become more accustomed to items that are less prevalent in the normal mode and allows them to experiment more freely so they are not unprepared in the regular mode.

Gambling Addiction and Its Behavioral Effects

Gambling addiction is a serious mental health disorder, which can be identified in two ways: a person either a) continuously bet on things using money or objects that hold value even though negative consequences arise as a result, or, b) they cannot stop gambling even if they desired to. People suffering from gambling addiction often display a strong urge to bet on a wide-range of gambling mediums-from sports games to poker, to choosing lottery numbers and throwing dice. And although friends and family members of compulsive gamblers don’t see the symptoms physically, like they often do with alcoholics or drug abusers, the consequences gambling addiction has serious implications on their lives as well as the lives of their friends and families. Not realizing its severity or taking it too lightly can be devastating for the addicted gambler in the long run. Gamblers can reach a point of literally losing everything, from cars, to homes, to businesses, and even respect from those they care about.

It’s well-known that Florida is notorious for providing “the hotspot” for gamblers all over the world, as well as its residents. But how many gamblers actually endure financial problems? A recent survey by the Florida Council on Compulsive Gambling shed light on card playing, reporting that 70% of these people had trouble paying their bills. But here’s the worst part, which is known to be a side-effect of excessive gambling–1 in 3 of these card players admitted to having participated in illicit activities in order to finance their gambling. Playing cards isn’t as harmless as we thought; criminal activity is still a cause for concern.

Gambling addicts are not always obvious about their situation; sometimes they don’t even realize it themselves. They don’t dwell on what has been lost as a result of their destructive activities and behaviors. Instead, compulsive gamblers only focus on the gains, or the supposed investment aspect of the games they play. And unlike drug or alcohol addiction, a person addicted to gambling will not display symptoms such as heavy fatigue, sickness, loss of energy or dizziness; instead, other factors are apparent, such as falling into deep financial trouble, losing quality time with the ones they love, and heightening the chances of entering into drug or alcohol addiction.

It’s difficult to establish who has a gambling problem and who doesn’t. Where is the threshold between social gamblers, and abusive gamblers? Are there any red flags? The answer is yes. Pathological gamblers often display one or more of the following signs: negligent of family get-togethers, acts on criminal behavior in order to acquire more stuff to bet on, would rather gamble then hang out with friends, talk excessively about gambling and winning money, use drugs or alcohol to distract them from wanting to gamble more, become irritated when not gambling, neglect vital responsibilities for gambling time, and lying to family and friends about going out gambling. A combination of these signs should be a red flag when identifying a compulsive gambler. But remember, none of these signs mention the amount of times a person gambles in a period of time. It’s not about “quantity.” A person can gamble every day and it may not affect his life. Also, gambling addiction isn’t OK if you’re wealthy; rich gamblers can still have issues like neglecting their loved ones and other vital responsibilities.

Florida is well-known for its casinos, entertainment arenas and cruise ship gambling. But environmental factors such as these may cause people to be more susceptible to the development of gambling addiction. Gambling addiction isn’t a problem that stands alone-it may lead to criminal behavior, psychological distress and depression, and fuel other more dangerous addictions. As stated earlier, a person may fall into drug or alcohol addiction in order to supplement or replace their gambling behavior. The combination of multiple addictions can be devastating and more difficult to treat; it would be like tangling a web of loose strings and trying to unravel them all at once.

Addiction specialists and counselors use a variety of methods in treating gambling addiction effectively, including: helping the addict understand what drives him or her to gamble, replacing their betting habits with more productive activities, understanding how it affects the people they care about, and finally, strengthening one’s will to live a more productive lifestyle. If you notice warning signs that you or your loved one is suffering from gambling addiction, it is crucial to intervene and find treatment before it is too late. Doctors treat gambling addiction as a serious brain disease, and people suffering from it are also prone to drug addiction. The importance of acquiring immediate treatment can be the difference between losing everything, and saving someone’s life.