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Gambling - Research Paper Example

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Mostly what is believed is that gambling is just a “friendly bet” or “a gentleman’s bet.” This does not alter the fact that it is gambling and…
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Download file to see previous pages There was a time when gambling was considered illegal or a disrespectful activity but now it has become a Multi-billion dollar activity in most parts of the world. In many parts of the world funding charities and other voluntary works are heavily funded with the money raised from gambling. People tend to fantasize that what they would do when they would win the lottery but mostly people rely on buying lottery tickets and some occasionally gamble with intentions that their lives are not seriously affected with it. After the approval of legalizing gambling in the United States, there has been a significant decline in certain types of gambling which include buying lottery tickets and mostly bingo for different cash prizes (Pew Research Center 2006).
Gambling in the view of many people is the most popular kind of fun enjoyment activity today. Most of the people indulge in gambling because they feel a rush or another kind of feeling each time they place a bet whether it is on sports on its casino gambling. Mostly it is a tool to have fun among most of the people. Since gambling is being legalized in many parts of the world, therefore legislative bodies have imposed many laws for safe gambling. All in all the basic reason behind legalizing gambling was the establishment of gambling places which plays an important role in the economic development. Many religious groups protested against the legalization of gambling and they mainly focused on the key points that it will threaten the stability of the community (Azmier 2000).
After the Gambling was legalized in the United States of America, it was evident that people started to spend more money on legal gambling now and this is a significant change if compared to history. The legalization of gambling encouraged people to gamble more than the limit they could afford. Buying lottery tickets has increased significantly in United States of America and a large proportion of people believe that it is a way to ...Download file to see next pagesRead More
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