Benefits of gambling

Kentucky Anti-Gambling Group: Cost Outweights Benefits, 89.3 WFPL News Louisville

FRANKFORT — Gambling brings social ills that will offset any tax revenue to Kentucky, argued a new group that rallied Wednesday in the Capitol Rotunda. About 30 people joined the group Stop Predatory Gambling Kentucky for the rally, where speakers dismissed efforts in the General Assembly to expand gambling through casinos or Instant Racing. Karen Hendersen, executive director of Stop Predatory Gambling Kentucky, warned that casinos create a burden to state funds in the form of gambling addiction treatment and family assistance programs. “We have great promises that casinos or the lottery or instant racing will end up helping us out but the cost or the personal cost far outweighs...

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Top Benefits of Gambling Online

Top Benefits of Gambling Online The famous trend of online gambling has taken a new wave of gambling technology that brings greater convenience and better options to carry out a gambling activity. The convenient element of online gambling allows even individuals who have never tried gambling at casinos to try out playing online casino games. Here are the top benefits one has the privilege to enjoy with online gambling: 1. Convenience is the top setter benefit from online gambling. It allows a gambler to carry out gambling activities with home convenience anytime. There is no limit as to what a gambler can do while gambling. They can eat, listen to music and do any activity as they please. 2...

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Casinos Finally Realizing Online Gambling Is A Friend With Benefits

In a recently released white paper on the potential synergies between online gambling and land-based casinos, Spectrum Gaming Group concluded most US casinos are now accepting of online gambling. The report goes on to say that the industry is moving toward embracing its one-time adversary. The report marks the 15th anniversary of Spectrum Internet Gaming Heuristic Theorem (SIGHT). SIGHT is a project that examines online gambling from the land-based perspective. Spectrum’s perspective is that physical US casinos should look at online gambling as incremental revenue. With that in mind, they should also develop online presences. A summary of the report notes casinos should look past the...

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Treating Problem Gambling and Gambling Addictions

Gambling Addiction Treatment Program Options Gambling can be a fun once-in-a-while activity or, for the lucky few, a way to win that illusive jackpot. Unfortunately, gamblers can become obsessive and compulsive about playing the ponies or pulling the one-armed bandit. They may find themselves in the throes of an addiction that could ruin them financially, socially, psychologically or even physically. The American Gaming Association estimates that as many as 1 percent of Americans may be pathological gamblers. If you find yourself in this troubling situation, there are gambling addiction treatment program options that can make a difference in your life. We’re here to help and want to...

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The Benefits of Malta Online Gambling Licences - Chetcuti Cauchi Advocates

Malta is a unique Mediterranean island and a full member of the EU. It boasts a long-standing heritage of culture and history and is also known for its stable democratic administration, attractive standard of living at reasonable cost and modern and vibrant life-style. Malta’s legal system is a mnage of civil law and UK commercial rules. Its taxation system has been declared compliant with OECD standards and is in line with main EU directives. Financial Laws and regulations are of the most reputable and anti-money laundering standards are second to none. Malta has also a long tradition of gaming legislation. All this presents the operator with an array of advantages resulting from...

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How advantage players beat the casinos at their own game, British GQ

J ames Grosjean sat at a steel table outside Starbucks on Flamingo Road in Las Vegas. In the near distance, a billboard advertising the Palms Casino was visible. Grosjean has been shown the door there more than once. In other Vegas spots, he is an unwelcome guest. Getting run out of gambling joints is an occupational hazard for Grosjean, who majored in math at Harvard and briefly considered careers on Wall Street and in academia. He sipped from a venti-sized container of coffee and typed rapidly on his laptop computer. He had been here for most of the afternoon, working on something that would have a big impact on a casino game — but one located far from America’s gambling capital. The...

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Casinos Create Urban Jobs, But at a Price - CityLab

A woman plays the slot machines at Harrah's Casino in Tunica in 2002. The casino closed down in 2014. Greg Campbell/AP Usually, the public benefits of gambling deteriorate over time. But many American cities still pin their economic hopes on casinos. Walk into the Commerce Casino in California at 7 a.m., and you’re greeted by the chirps and beeps of a metal black cage that carries tokens to the tables. Three large Egyptian sphinxes at the entrance; overhead, the ceiling is adorned with golden lanterns. It’s quiet for a casino: There are no slot machines, just table games. You hear the clinking of chips and the flitter of cards, the dealer’s hook sliding across the green felt, a...

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Do benefits outweigh the social costs of casinos? -

When the Puritans sailed from England in the 1630s to establish the Massachusetts Bay Colony, they imposed a ban on "games of chance." For a short time, the Pilgrims couldn't even possess dice or cards – a moral stance that still colors American attitudes today. Nearly half of Americans currently view the overall impact of casino gambling on society as negative, compared with 25 percent who see it as positive, according to a Rasmussen Reports poll of 1,000 adults. Nevertheless, gambling (or "gaming" as the industry likes to call it) is legal in every state except Hawaii and Utah. Latest numbers find gross revenues totaled $92 billion in 2007, including $34 billion from commercial casinos...

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Why Bet on Sports? - The Benefits of Sports Betting

The Benefits of Sports Betting Sports betting is one of the most exciting and fastest growing ways to enjoy sports and other major events. Historically, sports betting has been in existence for hundreds of years, if not longer in some ancient societies. Today, the hobby has recently seen a dramatic increase in popularity thanks mainly in part to the internet. Players are now able to research their picks much more effectively and are also able to place bets without ever leaving their house. This convenience and increased control should continue to help sports betting grow throughout the next few years. What is Sports betting? Before we can address all of the benefits of sports betting, we...

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Can You Make a Living Gambling? - 19 Reasons Advantage Gamblers Fail

Advantage gambling is when you play with a positive expectation. This means that when you gamble, you gamble with an edge. Though most gamblers don’t play with an advantage, almost anyone can do it if they know how. Only a small percentage of gamblers turn a long-term profit. And an even smaller percentage are able to make a living gambling. The term making a living is one that means different things to different people. Some people would consider $30,000 a year making a living, while others would put the yearly number at $100,000 or higher. In this post, 19 reasons advantage gamblers fail to make a living, it doesn’t matter how much you think it takes to make a living. The 19 reasons...

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