Should Gambling Be Legal And Popular - 2155 Words

Hung Truong Professor Grace Ebron Essay 1 February 27, 2015 Fold or All in Gambling is no doubt a very common social practice of humankind since a long time ago. Furthermore, gambling has long been considered as a legal industry that brings billions of dollars to many nations in the world. Despite of the great benefits it brings, gambling industry is not totally free from drawback. Gambling has been constantly condemned for its negative outcomes. In fact, gambling is accused of being the cause for much social evil practice. Thus, to many countries, this particular type of industry is not legal and popular. Specifically, in this essay, Vietnam, a nation in Southeast Asia, will be taken as the object for this research. Accordingly, Vietnam already had 5 Casinos that are being operated. However, only foreigners are eligible to enter and play in those casinos. Hence, the idea of legalization of gambling and allowing Vietnamese to play in the casino in Vietnam remained a controversial topic for years. This phenomenon raises the question of should or should not m ake gambling, specifically, casino legalized. This research is to give personal points to this issue in Vietnam from a citizen’s perspective. Gambling is defined as an act of playing a game of chance or betting on random outcomes by putting money or any valuable goods with the intention of earning more money or goods. To most people, gambling is considered as a method to gain money with ease, some consider it a means ofShow MoreRelated Gambling Essay1614 Words   |  7 Pages Gambling, while it lowers taxes and creates jobs, it also causes addicts to lose money and therefore creates a higher crime rate.A Quick History of Gambling.Gambling was a popular pastime in North America long before there was ever a United States. Playing cards and dice were brought over by both the British and the Dutch. By the end of the 17th century, just about every countryseat in colonial America had a lottery wheel. Cockfighting flourished thoughout the countries, especially in the SouthRead MoreHow Online Gambling Is The Legal And Development Insights Right Here Essay1464 Words   |  6 PagesHow to Make a Gambling Website? Considering to launch an online gambling business? Get to know all the legal and development insights right here. Online gaming and gambling industry is ripe and striving. The estimated global revenues are predicted to hit $56.8 billion by 2018. If you are planning to start a gambling website, there might be no better time than now. However, before you consider creating a betting website or hiring a gambling website development company to do the job for you, youRead MoreA Farmer Of Louisiana, Not An Insider Trading Scandal1036 Words   |  5 PagesA farmer in Louisiana, not an insider trading scandal, will destroy the multibillion dollar daily fantasy sports (DFS) industry. DFS is a rapidly growing segment of the online sports gaming industry where popular sites have grown by approximately 300% over the last year and are currently valued at over $1 billion (Miller Singer, 2015). Leung (2015) describes the basic DFS tournament as a weekly tournament where professional athletes are allocated a value based on past performance. She says thatRead MoreGambling Outline Essay912 Words   |  4 PagesNick Cortese Research Outline Gambling Thesis: Gambling in society has detrimental effects to people in United States. Topic: I. There are certain types of gambling that people should be aware of. A. Gambling is any bet you make that involves chance, a stake, and there is a pay-off. â€Å"Here is the definition of gamble – to play at any game of chance for stakes, to bet on an uncertain outcome† (Brown). â€Å"The following three elements must be present for somethingRead MoreGambling and Sports1027 Words   |  5 PagesShould Sports Gambling Be Legalized? Gambling is a common practice throughout human history, one that appeals to the individual’s desire for gain and offers the thrill of risk or uncertainty. Sports gambling is the â€Å"wagering of money or other items of value on the outcome of a sporting event, dependent either wholly or in part on chance† (Thompson, 2008, p. 1). Sports gambling generates billions of dollars annually, with large events like the Super Bowl or World Series alone able toRead MoreImpact Of Gambling On The United States1647 Words   |  7 PagesApril 2017 Gambling’s rise to Legality in the United States Gambling has been a popular activity in the United States from the 1600’s to the present day United States. As gambling grows as a worldwide enterprise, it expands the United States with the opportunities it provides and the attention it consumes. Gambling as a whole benefits different recreational activities and events such as sports. Gambling also allows people visiting places like Las Vegas to enjoy playing poker withRead MoreAndrew Isaac. Honors English 10. Period 2. 6 April 2017.1627 Words   |  7 PagesApril 2017 Gambling’s rise to Legality in the United States Gambling has been a popular activity in the United States from the 1600’s to the present day United States. As gambling grows as a worldwide enterprise, it expands the United States with the opportunities it provides and the attention it consumes. Gambling as a whole benefits different recreational activities and events such as sports. Gambling also allows people visiting places like Las Vegas to enjoy playing poker withRead MoreGambling : When It s Not All Fun And Games Essay1627 Words   |  7 PagesGambling: When it’s Not all Fun and Games In the past decade, gaming and gambling in the United States have experienced a great upswing. The majority of states have expanded legalized gaming, including regulated casino-style games and lotteries, there has been a huge increase in the opening of Native American casinos and among other things, online gambling and betting has become increasingly more popular (Humphrey). While at first glance, this may seem to be a good thing, it is imperative that oneRead More Internet Gambling and Its Effects Essay1006 Words   |  5 Pagesthe major reasons for use of the Internet. Adding to the Internet’s growing popularity for entertainment purposes is online gambling. Around the world, the gambling industry is growing rapidly by way of casinos, and most recently, on the Internet. Four years ago, there was one online gambling site; today it’s estimated there are between 300 and 400. To some, gambling on the net may just be an entertaining past time, but for many others it soon becomes a serious addiction. Approximately 80%Read MoreIs Us Based Online Gambling Under Threat?1629 Words   |  7 PagesArticle 7 – Is US based online gambling under threat? For years, the online gambling industry has fought tooth and nail for the right to have a legal presence in the United States. This is because for all that the country presents in terms of freedom, they still maintain a strong stance against online gambling. It wouldn’t be until 2011 that certain states cleared online gambling, while 47 others still have it on a â€Å"TBC† list. The three states (Delaware, New Jersey, and of course Nevada) who have