Casino Essays

Casino Gambling in Hong Kong

Recently, there is a storm of controversy over the latest scheme regarding the legalization of casino gambling. Advocates of the proposal reckon that such policy is a hope for the unemployed whereas contenders fear the growth of gambling business will have negative influence to our next generation’s values. Before we have our decision made, let us make an in-depth analysis into both advantages and disadvantages of the issue. As presumed, the rise of gambling industry is bound to produce job…

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Legalizing Gambling

Just a decade ago gambling was limited to two cities in the United States, Las Vegas and Atlantic City. Today there are only two states that don’t have some form of legalized gambling, such as lotteries or bingo. Since commercial casino gambling was legalized in Nevada in 1931, the public attitude toward gambling has shifted from prohibition to permissiveness. Pamela M. Prah discovered in 2004, that there are “11 states that have commercial casinos, six have riverboats or docked casinos,…

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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…

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Nevada Policy Scenarios

In light of population growth, Nevada continues to seek new resources for water consumption. Options include working with farmers and states such as California, Arizona, Idaho, and even the Country of Mexico. There are also various Lake Mead projects that could supply the needed water, as well as conservation projects within the state of Nevada. Dry winters have left several western states in a drought including Nevada. So Congress passed the Act of July 26, 1866. This act was the…

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Dangers of Gambling

Gambling has become part of this generation of teenagers, a generation that may end up in bankruptcy, addiction and depression. Gambling is like a drug; it costs a lot and is addictive. Researchers say that it could be as addictive as smoking. The consequences of gambling are unknown till someone takes the risk, and according to a recent survey 75% of teenagers are taking that risk. Teenagers are unaware of the dangers and are literally gambling with their lives. The…

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Fundamentals of Nevada History

The Nevada constitution was framed by a convention of delegates chosen by the people. The convention met at Carson City on July 4, 1864, and adjourned on July 28 of the same year. On the 1st Wednesday of September 1864, the constitution was approved by the vote of the people of the Territory of Nevada, and on October 31, 1864, President Lincoln proclaimed that the State of Nevada was admitted into the Union on an equal footing with the original…

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Should Online Gambling Be Legalized_

Several U. S. lawmakers are trying to crack down on the industry by clarifying existing U. S. laws and making it easier to go after offenders. One of those measures, the Unlawful Internet Gambling Enforcement Act, seeks to curb online gambling by trying to cut off the money supply: the bill would outlaw the use of credit cards, checks or money transfers to settle wagers. The bill is sponsored by Rep. Jim Leach (R-Iowa). The Wall Street Journal Online asked…

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Is Gambling an Acceptable Form of Leisure_

Nowadays, gambling industry is already become a huge global industry. Due to the rapid development of technology, people can place the bet in another country simply by using internet without travel, which make much easier for gambler. According to Roberts (2004, p168), gambling also become one of the leisure industries, such as visit a casino can be seen as a leisure activity. Also is different personal perspective with no doubt. Devereaux (1968) defined that ‘gambling is a form of activity…

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Problem Gambling

Did you know that 40% of all problem gamblers started gambling before they were seventeen? Or that problem gambling causes the most suicides out of all the recognized addictions? Even with these facts, the most startling truth is that not one federal dollar, out of the billions collected in gambling taxes, has been spent to treat or help problem gamblers. Gambling is the activity or practice of playing at a game of chance for money or other stakes. Activities that…

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Hilton Hotels Corporation Marketing Analysis

The marketing issues addressed here are focused on how to draw more consumers from other gambling casinos, and how to make Hilton a resort destination. Two-thirds of Hilton’s total operating earnings in the early 1990’s were derived from the four casinos they owned in Las Vegas, Nevada. Expanding on this idea will ensure the hotel chain firmly plants its feet in the entertainment and resort business (Hilton Case Study). By investing massive amounts of revenue into developing their gaming division,…

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Social Judgement Theory

Social judgment theory holds that when a message is heard the receiver of the message immediately forms an opinion on the matter. The individual then categorized the opinion into one of three divisions known as attitude zones. From this point on, every new message about the same topic is compared with ones present point of view on the subject. Social judgment theory was introduced by psychologist Muzafer Sherif (Griffin, 2006, p. 207). As a part of his theory, Sherif, has…

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Mgm Mirage

Introduction of the Company MGM Mirage is one of the largest gaming industries in the United States and specifically Las Vegas, Nevada. The two people responsible for the start of this empire are Kirk Kerkorian and Steven Wynn. Kirk Kerkorian opened up the first MGM Grand in Las Vegas, Nevada in 1973. Steven Wynn moved to Las Vegas in 1967 and after investing in land on the strip he later opened up the Mirage, followed by Treasure Island and the…

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Society Benefits from Legalized Gambling

I think that cities should allow more gambling casinos because society does benefit from them. Some people ask do the economic benefits justify the social costs of the ever growing industry of gambling? Opponents will argue that increased availability of gambling, access to funds and expanded hours of operation have led to an increase in pathological gambling. While this might seem like a logical assumption to some, it is not valid. (Fahrenkopf p. 113) The economic benefits are far greater…

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Propositions on Poker Machine Addiction

The American Gaming Association (AGA) is a group which represents its members who come from the commercial casino industry. Formed in 1995, the goal of the group is to create awareness and factual understanding of the casino world. The main purpose of the group is to educate the public and its stakeholders about casinos. In the process, it also benefits its members by giving support to them in terms of legislations that affect them and the industry, rules and regulations…

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Effects of Gambling

Most people with gambling problems say they lost control over how much time and money they spend gambling. Meanwhile, they ignored other responsibilities. For them, gambling is an activity that are important to them. Those who gamble excessively often bring problems for the one they love. The effects of gambling can be classified into individuals, family and the society. Each of them had different aspect. With the problems that been brought by those gamblers, they brought many troubles to many…

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