Essays on Gambling

Thesis Statement

The increase in the use of technology has greatly affected how individuals relate and interact with each other. Technology does lead us to isolation. According to Grossman (2014), technology has allowed more individuals to have direct access to social media and the internet. Hence peoples’ behavior have changed in the sense that people are spending more time on their phones and communication via these means is more than physical communication with other individuals. The use of technology has resulted into a number of detrimental effects on users. In some cases, the increase use of technology especially for children who

Continue reading...

Macau is one of the favorite tourist destinations in China; famous for its luxury hotels and grand casinos. Macau has left Las Vegas behind in terms of gambling business; recording business that was four times bigger in Las Vegas. As gambling is illegal in the mainland China; Macau is the desired choice for big time gambling. There are many middlemen or “junkets” in China who bring prospective gamblers to Macau, help with the accommodation; junkets get a big commission grim the casinos. The revenue gambling generated for Macau in the year 2012 was 303 billion Macau patakas. The junkets

Continue reading...

Positive

Gaming is an industry created by legal gambling activities and includes lotteries, poker, slot machines, horse racing and other table games. According to Baird, Yepez, and Fairey (2011), supporters of gaming argue that it has psychological benefits. It gives people the opportunity to exercise control and it is also a way to relieve stress. Supporters claim that gaming is just like any other form of entertainment such as watching a movie.
According to an article by the American gaming Association (2014), gaming has created employment opportunities and generated huge returns as tax revenue for the government. In 2002, 350,

Continue reading...

Abstract

This paper explores the use of mathematical concepts in gambling and playing games. The concepts employed when playing games of chance such as Blackjack are probability theory, combinations, and permutations. This paper tries to find ways of making mathematics appealing while shining light to possible research areas that may yield money as well as give new perspectives to certain areas. Interviews with tutors were carried out to get an understanding of what card counting entails. In addition, reviews of research done from as early as Thorp, to recent publications were looked into to provide direction. Card counting is considered

Continue reading...

Executive Summary

Global entertainment industry is presented by various sectors that, among others, include gambling industry. Increasingly complex global market environment outlines numerous challenges for the companies that operate in gambling segment. Evolution of regulatory profiles in European countries, strict governmental regulations and regional limitations in the United States; economic turbulence; volatile consumer confidence; and increasing public interest in CSR policies of the industry players shape the future of this economic segment. Hard Rock Hotel&Casino (HRH) is one of core businesses of the Hard Rock Corporation with yet, relatively small scale and scope of operations. This document provides an extensive analysis

Continue reading...

Nevada, which became a state in 1864 at the height of the Civil War, entered into the Union at this time for a few different reasons. The way in which Nevada acquired statehood reflects the national turmoil at the time and the history of the 36th state is rich with mining and gambling, to things that are still strongly associated with the state. Silver and gold were discovered in large quantities in the Comstock Lode in 1859, hastening Nevada’s development into a territory and state and quickly populating the state.
It took several failed attempts before the Nevada

Continue reading...

In spite of its relative small size, there are a lot of occurrences that take place inside Bermuda as revealed by some news features form the country.
For instance, in an article with a headline “Bermuda: Casinos arrive- but not for islanders” on the BBC website, it emerges that gambling is illegal in Bermuda. The news feature seems to insinuate that this is likely to remain so for quite some because juts recently, the citizens of Bermuda rejected a proposal to legalize gambling in the country in spite of the country being home to a lot of tourist casinos.

Continue reading...

Initially, gambling was an activity undertaken by most communities. It later developed into some form of entertainment, but this led to risk taking activities. This intriguing human activity has been pursued fervently by researchers from various fields. This is because of the bad popularity it has collected over the years. The prevalence of gambling is always high, and the numbers have been doubling over the years. In fact, the world gambling review estimated that about eighty nine percent of people who engage in gambling are actually addicted to it. This paper attempts to explain the history, causes and effects

Continue reading...

He looks at his cards: pocket aces.  A sly grin emerges on his face as he thinks to himself, “This is my chance to win back the $250 and more!”  His heart begins to pound uncontrollably as adrenaline rushes through every muscle of his body.   Overcome with anticipation and excitement, he mentally calculates the potential winnings.  He hears the dealer confirm, “Your action, sir.”  With assurance, he asserts, “All in.”  The flop reveals a King-King-Queen.  He reasons, “I’ve got this! Two pairs is ought to win.”  The dealer displays the final two cards: nine, queen. Just as he

Continue reading...

Definition of gambling

The term gambling involves the act of wagering/betting of either valuable assets or money with the anticipation that the uncertain outcomes will enable the wager to continue winning more valuable items. Gambling involves two or more parties who voluntarily bet their valuable assets; commonly referred as skates, with the anticipation that one party will emerge the win. In most instances, gambling may take many hours, but the outcome of wager is realized after a short period.
The term gambling is often confused with gamming, despite both terms having different contextual meanings. The word gamming is used when the government

Continue reading...

There are a few methods for approaching morality as a concept. Thinking about morality is different for everyone, and the way in which an individual thinks about morality may change his or her moral compass. Morality can be defined scientifically, as a set of codes that human beings are biologically forced to follow. It may be presented as a case of relative ethics, giving the individual a choice of what is right or wrong; lastly, it may be discussed in sociological terms, by defining what is good for society and extrapolating from there.
Gambling, sexism, and racism all present

Continue reading...