Essay on Casinos - 1252 Words

Casinos Casinos have become a form of entertainment for millions of Americans. In fact, Las Vegas, considered to be the home of casino gambling, is third only to Disneyworld and New York for tourism with 260 million visitors yearly. While it is true that casinos generate billions of dollars in revenues hardly any of that makes it back to the local economy as promised by the lobbyists to have casinos built in a city. Effects on local economies include construction jobs are created as well as hospitality jobs within the casino. While it is true jobs are created though usually they go to people outside the communities. The lobbyists for these huge casino companies state that it will also revive a dying economy if they allow casino gambling†¦show more content†¦They will borrow theirselves into bankruptcy. In South Dakota, the state has experienced increases in chapter seven bankruptcies. But personal debt is by far not the only problem for compulsive gamblers. In the same two years the bankruptcy increased in South Dakota, the number of divorces increased nearly 6 percent. Also, child abuse and neglect are high among the crimes that compulsive gamblers commit. A study of the impact of casino gambling on Atlantic City and surrounding areas found that not only did crime spill over to surrounding areas which were easily accessible from Atlantic City, but some of the areas had no measurable economic benefit from casino development. The fact that gambling leads to crime has even been measured. In 1994 the national crime rate fell to percent, while in the 31 places they get new casino 04, saw a 7.7 percent increasing crime. Governments are creating environments were normal people, without criminal background, are being lured into activities that could lead them to commit serious crimes. The average compulsive gambler resorts to crime to support his or her habit is usually someone with a good job, better than average intelligence, and has stable relationships. According to a 1992 report by the Minnesota state planning agency, about 60 percent of all pathological gamblers engage in crime to support their habit. Different crimes are committed by different ages of gamblers. AdultsShow MoreRelatedThe Casino And Casino Gaming1069 Words   |  5 PagesAs the Internet casino gaming is gaining popularity, new casino brands are now making an entry to the online gaming world every year. In recent times, Bovada Casino has become one of those notable largest brands that offer a huge gaming platform for online gamblers. Luckily, this is one of those very few casinos located outside the North American region that gladly accepts players from the USA. What make this online casino so popular are its continuous updates in games. The casino adds many new andRead MoreCasino Info And History : The Casino Essay891 Words   |  4 PagesCasino Info and History: The newly introduced sister site of the Vegas Paradise Casino is the Jackpot Paradise Casino, which is gaining popularity these days. The casino has already proven as one of the best online casinos out there. With myriads of game choices, exceptional customer service, wide choices of banking options and exceptional game rewards, the Jackpot Paradise Casino is undoubtedly one of the best online gambling forums for avid casino players. The casino was started with the collaborationRead MoreMobile Casinos : The Year Of The Mobile Casino1798 Words   |  8 PagesBlog 7 – Mobile casinos that are making splash in 2015 There is no other way to describe it, 2015 is the year of the mobile casino. Players now want 24/7, 360 degree entertainment, which is exactly what mobile casinos provide. While the arrival of mobile casino gaming has been a revelation for the industry, players can only get the full experience when they play via the right provider. In order to give players helping hand we have looked through several leading online casino portals to bring youRead MoreVera John Casino : An Online Casino Essay971 Words   |  4 PagesVera John Casino Vera John Casino is an online casino that is largely noted for its traditional sounding name, but in reality it is so much more than just that. Featuring a game selection that ranks in the hundreds, a bright and bold UI, and some notable bonus incentives. You may have ignored Vera John Casino upon its initial launch in 2011, but in 2015 this is an online casino that is well worth a second look. SIGN UP NOW AND RECEIVE WELCOME BONUS Up to  £100 in bonus founds (plus 123 freeRead MoreCasino Management2495 Words   |  10 PagesKarl Kampendahl HMT440 Casino Management Professor Eva Smith June 16, 2011 Casino Management Introduction Casino is no longer an alien word for people who have some idea about gambling. Casino has become a favorite place for a large number of people who want to spend time in recreation activities. The United States is the breeding place for International casinos. People from every part of the world visit the casinos in the United States for gambling purpose. Casino Industry in the US isRead MoreThe Casino Industry2501 Words   |  11 PagesThe Casino Industry Case Study By: Index: ⠝â€" Executive Summary ⠝â€" Analysis Section (SWOT) ⠝â€" Alternative Identification ⠝â€" Recommendation ⠝â€" Sources Executive Summary There is very wide range of legal gaming / gambling across the globe. This includes various games of chance and gambling forms ranging from casino and card room gaming, lotteries, online gaming, race and sports wagering and charitable gaming, such as raffles, bingo and other low technologyRead MoreShould Casinos Be Legalized?1514 Words   |  7 PagesShould or Should Casinos Not Be Legalized in Thailand? Does Las Vegas sound exciting? Have you ever longed to go there and try your hand at a fortune? Almost everyone has a dream that they’ll win big, and this is why towns such as Las Vegas have such a strong appeal to the public. The problem arises when people visit casinos and take gambling too far. For some this form of entertainment turns into an addiction. This creates a rather big controversy whether casinos should or should not be legalizedRead MoreAccounting for Casinos5161 Words   |  21 PagesPart I: Audit Risks and Procedures for Casinos In assessing the audit risk of a specific company, one must first look at the audit concerns of the overall industry in which it operates. Therefore, in order to properly evaluate Caesars Entertainment Corporation, the gaming industry must be taken into consideration. Specifically, industry trends and strategies, competitors, business processes, regulation and oversight, special accounting and financial reporting practices, internal controls, majorRead MoreArticle 42 - Live Casinos Vs. Land Based Casinos2456 Words   |  10 PagesArticle 42 - Live casinos vs. land-based casinos One is the new age of casino gaming, while the other is classic casino gaming at its finest. Live casinos and land-based casinos definitely divide opinion amongst gamblers, but which is better? In today’s digital age can land-based casinos really compete? Have live casinos made them irrelevant? Land-based casinos They have been around for over 100 years and have even been the subject of several Hollywood blockbusters. When you think of The MirageRead MoreEssay on Crown Casino737 Words   |  3 Pages The casino industry in Australia operates under an environment of uncertainty. According to the Australian Bureau of Statistics Australia’s 13 casinos recorded a total operating loss of $288 million in 97-98. Outsiders predict a gloomy future for the casino industry in the next few years due to the reduction in international high rollers and the low level of management talent in Australia’s young casino industry. In this business environment Crown must implement business strategies will carry