Thus, people become too involved in the gambling itself, loosing control of taking back their senses. This then can result in a serious gambling problem, which if not treated properly, can harbor serious negative ramifications within the context of the person's life. Support groups and addiction programs can help keep people from being consumed by their habits. This is stark contrast of the defining elements of a hobby. Hobbies are supposed to be things to do on the side to increase enjoyment, not to consume the entire whole of the individual. Additionally, gambling has long been known for its negative consequences; which definitely keep it from fulfilling the defining elements of a hobby. It has also been long associated with other forms of addictive vices, such as drinking and drug abuse. Thus, gambling can go hand in hand with other crimes, and be a facilitator for the existence of crime where gambling is taking...
In fact, gambling itself is illegal in most states; with serious legal consequences for offenders. Gambling can also cause serious problems itself. Arguments over gambling may become heated enough to lead to other crimes. Money is a powerful source of jealousy and animosity.
Entertainment Economy Michael J. Wolf's book, The Entertainment Economy: How Mega-Media Forces are Transforming Our Lives, was published six years ago but nevertheless offers timely insights into how the forces of American corporate entertainment are shaping our culture. Main Points The author points to the end of huge military spending at the conclusion of the Cold War, but those military-related industries were replaced by entertainment revenue for those cities. The author also mentions
As such the stigma that once existed concerning gambling no longer exists. People are therefore more likely to engage in gambling activities and more likely to develop an addiction to gambling. The author further explains that even though there are still social conflicts concerning the implementation and expansion of certain types of gambling such as, video lottery, terminals gambling has become a largely accepted practice (Cosgrave (2010). In addition,
Business Plan Proposal: The Ducks Poker Room Business Plan Proposal: The Ducks Poker Room Executive Summary/Company Description The Ducks Poker Room will be a new for-profit gaming club primarily hosting players of versions of the card game known as "Poker." The Ducks Poker Room will also offer alternate games, including but not limited to promotions for prize pools involving tickets to college basketball and football games. Finally, The Ducks Poker Room will host patrons
Given that people engage in sporting events for a wide range of reasons, the authors assert that it is time for athletes to develop a moral code that embraces higher standards of conduct that will help reverse these recent trends and once again provide American sports with a sense of fair play and respect. Fredenburg, Karen, Rafer Lutz, Glenn Miller et al. (2005). "Dismissals and Perceptions of Pressure in Coaching
Com industry crash after the boom This is a paper examining some of the factors that caused the dot-com crash Many believe the root cause of the dot-com crash was over valuation of stock prices relative to the actual underlying value of the companies themselves. Stocks of Internet companies traded at Price-Earning ratios of higher then 30, buoyed by a speculative bubble. When reality set in for investors many realized that
Wynn Resort Case Wynn Resorts Case Analysis The combined effects of an aggressive new resort development strategy, continued partnering with the Chinese government to stabilize and grow the investment in Macau, and the continual refining of the existing properties has led to FY2010 being one of significant turn-around. With $1.5B in current assets and $160M in Net Income, Wynn Resorts Ltd. (WYNN) is in an excellent position to profitably grow over time.
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