INTRODUCTION
Casinos are all throughout the country, but are they a positive influence for our society? Our economy? There are people on all sides of this issue; some people have difficulty determining the reasons behind legalizing gambling in the first place. In a panel data analysis done by Doug Walker and John Jackson, gambling is legalized to offer other opportunities for states to increase revenue (Walker and Jackson 1). This explains why legalizing gambling is important to state governments, saying states need different revenue options and that gambling would help with an increase in revenue for the states.
Other people on this issue wonder if casinos can be consistently relied upon for state revenue. According to Forbes, the casino industry in Las Vegas has been decreasing because of the recession from 2007-2009. Outside of the United States, the industry has increased over the past few years (Forbes). This indicates that the casino business isn’t as big as it was before the recession. This has big implications on state revenues and budgeting. Global Gaming Business Magazine is along those lines, saying two casinos in Atlantic City are empty; not enough supply of casinos for the demand (Global Gaming Business Magazine). The recession has made significant impacts on the industry and the industry can’t keep up. And states need to be aware of these issues so they don’t make the same mistakes as Atlantic City. While they increased economic development, Atlantic City did
The growing industry of gambling creates revenue from taxes, but is it really profitable? Smith-Christopher claims “the total amount accounts for less than a quarter of the gambling industry revenues nationwide each year.” It can be said that gambling can help economic progress, “Nearly half of all tribal gaming enterprises earn less than $10 million in annual revenue, and one-quarter earn less than $3 million each year. On the other end of the spectrum, about 40 tribal casinos (or about 1 in 10) take in two-thirds of all Indian gaming revenues” (Smith-Christopher). The economic benefits that gambling creates may outweigh the addictions it may create. Walker claims, “As gambling expands, the gambling industry and government are beginning to
A.1. You can write or call your local representative and express how you think legalizing casinos will help reduce crime and increase revenue for the state.
However, perhaps due to Texas' extreme conservatism, many Texans opposed the idea. Since then, other states have joined Nevada to allow unlimited gambling in their state. From record economic growth to billions of revenue dollars for state expenditures, these states continue to reap from their bold decision while Texas remains watching from the sidelines. Rather than enjoying the same profits as its fellow states, Texas has found it hard to meet its state budget year after year. Instead of taking the road well-traveled--increasing taxes, Texas should take a page from the success stories of these states and legalize casino gambling as a legitimate way
First, when allowing casinos into parts of the state, it brings with it multiple opportunities for employment, i.e., construction jobs, manager positions, server positions, gaming technicians, etc. When casinos enter a state, research has proven that the unemployment rate dropped significantly. According to the University of Chicago, National Opinion Research Center (NORC), “communities closest to casinos experienced a 12 percent to 17
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A lot of governments have invested in building world-class gambling facilities to encourage these tourists to play. The Cherokee casino named Harrah’s is one of many casinos around the world that impact the economy, providing gambling which boosts the flow of tourists. This Casino helps out the Cherokee Nation by funneling funds right back into the Cherokee Nation. This funds help improve such things as building better housing, attractive landscaping, upgraded water and sewer systems, and improved schools. Gambling dollars have funded a diabetes clinic, an urgent care clinic, a wellness center, a youth center, a recreational park, a visitor center, a community center, a nursery, a fire substation, and land purchases, all within the reservation. The casino doesn’t just earn funds for Cherokee Nation it provides a very big help to employment rates, gambling provides these tourists quality entertainment for them to enjoy. “The yearly unemployment rate, a misleading figure because it failed to take into account the seasonal nature of the tourist industry, was still a staggering 18 percent. In the winter, when many shops, restaurants, and hotels close, unemployment on the
First, the state has to find construction workers to work on building the commercial casino. In a casino there are many different workers. There are dealers, a broker, bartenders, chefs, cooks, clerks, bingo caller, floor worker, waiters, host, managers, change attendants, cashiers, runners, technicians, security officers, and surveillance officers. In Las Vegas, Nevada there were 170,206 people employed at a; casino in the year 2012. Nevada is ranked 35th in state population and has a population of 2,790,136 in the state. Texas is ranked 2nd and 26.96 million. One of Nevada’s major industry is gambling. If the state of Texas were to legalize gambling the state unemployment rate would go down. Not only would people get employed by the casinos. Other businesses would flourish also creating new jobs. Hotels and motels would be built. Restaurant and brothels would be built. The newly built hotels, restaurants, and bars would need employees. More people would be employed causing the unemployment rate to go down once more. Las Vegas is a testament of the powerful ability of gambling to foster economic development. Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy, and has spawned significant private and public sector investment (Library of California). A Wisconsin study shows major economic impact when the state practiced Indian gaming (a
Proponents of expanded gambling in Ohio hammered home arguments yesterday that casinos would create thousands of jobs and millions of dollars in tax revenue at a time the state's economy desperately needs relief. Opponents, however, said a measure on the Nov. 3 ballot would impoverish people who become addicted to gambling, drain profits from existing businesses and shortchange local governments by levying a too-low tax rate.
Casinos bring a local economy a new tax source and new jobs but it is crucial to look further to see if casinos boost the local economy. In one article the writers state the benefits of the new casino including new jobs and investment. Felsentein, Littlepage, & Klacik (2000) then explain that many casino jobs however require some specific training. This means many employees commute to work. Also some of local casino employees leave previous jobs in community to come work in the casino. The casino is not creating for the local economy if workers are commuting or leaving old jobs (Felsentein, Littlepage, & Klacik, 2000)
The Texas state legislature has been approached with a proposal to expand casino gambling within the state. In the early 20th century gambling was outlawed in the United States. In 1931 Gambling was legalized in the state of Nevada particularly in Las Vegas. Casinos have been springing up all over the nation since then in cities such as Atlantic City, New Jersey, Biloxi, Mississippi, and Shreveport, Louisiana. Casinos have been known for being a big money industry. They can boost the economy through job production, tourism, and tax revenues. The casino industry is known for bringing in billions of dollars to local economies. Casinos can also bring problems to their cities. They can bring crime and have negative social impacts in the regions
The development of tribal casinos or what is commonly referred to as organized gambling can be credited to Native American reservations. Gaming operations have brought phenomenal success to many native tribes in America, and there has been a new dimension to the existing debate regarding Native American sovereignty in organized gambling. There are over 310 casinos ran by about one-third the nations federally recognized tribes, and generate around $10 billion in revenue which is one-sixth of all revenue generated through legal gaming in the country (Evans, Topoleski, 2002). Many of the tribes are now able to provide for themselves essential services rather than wait for the government. However, most
Gambling addiction is an issue found in numerous areas where gambling is legal. People who are addicted to gambling, also know as problem gamblers, face many health risks including depression, suicidal thoughts, loss of sleep, loss of appetite, migraine and anxiety in addition to marriage breakdown, problems at work and bankruptcy (9). About 2 percent of adults are thought to be problem gamblers (1). In today’s society this costly addiction is not often considered to be a common problem among those who gamble. Only a small amount of states in the U.S. give enough attention toward this rising problem of people that are sometimes even willing to commit crimes just to aid their addiction. In the past our
Gambling in the words of McLean and Yoder (2005) "means risking something of value, usually money, on an event that has an unknown outcome." In the opinion of the authors, gambling can assume various forms including but not in any way limited to "casino games, betting on sporting events, playing bingo, buying raffle tickets, and playing lotteries" (McLean and Yoder, 2005). Over time, gambling has grown in popularity with the same being legalized in many jurisdictions across the world. However, those opposed to gambling and the legalization of the same continue to cite various reasons in an attempt to backup their assertions. One of the reasons cited by those opposed to gambling according to McLean and Yoder (2005) is that the costs of gambling easily outweigh the benefits associated with the same. This argument advances the idea that the interests of the society override those of an individual. Thus the
In the early 1930s, gambling was legalized throughout the state of Nevada and casinos began to flourish (Dunstan, 1997). The economic growth in Nevada, especially the city of Las Vegas, has improved tremendously by the creation of casinos. Many people were employed since the operation of casinos requires a huge amount of labor, skill, and expertise. In addition, local retail sales also increased from casinos when gamblers visit the stores to spend their winnings on various items and products (Garrett, 2003). As a result, many state governments began to legalize casinos in order to boost their economies and increase employment. As of today, there are roughly 1500 casinos in the United States and they generate almost 65 billion dollars in revenue (“Facts on U.S Casinos” 2013). However, casinos use immoral methods to achieve this incredible feat of big profit with few government interventions. While the city of Las Vegas becomes more prosperous than before, many citizens lose their fortunes or even lives by the immoral business practices implemented by the casinos. Even though the
Utilitarianism suggests that the act that results in the greatest amount of happiness for the greatest number of individuals is the option that we should choose. Whether gambling should be deemed as an ethical or unethical act depends entirely on the consequences and benefits gambling has on casinos, gamblers, and non-gamblers. If gambling results in the overall increase of a casino’s profit and the overall increase of a gambler’s profit and mental health, then the act of gambling would be considered ethical. However, if the act has more negative implications than positive, then the act of gambling would be unethical. For example, it would be unethical if the transaction between casinos and gamblers was rigged solely for the casino 's financial benefit while exploiting those who gamble there. The significant concern of this paper is not to point a finger at casinos and other gambling mediums as a means to blame them for the mental conditions of those who we’d consider as gambling addicts. Instead, the point of this paper is to acknowledge the effects of gambling and propose the importance of responsibility. I will present an unbiased view of gambling, paying close attention to the psychological effects and motives individuals have regarding gambling at casinos. Also, I will look at the positive results associated with having a successful casino business, so that allowing gambling is ethical from a utilitarian point of