Compulsive Gambling and It’s Cost to the Economy :: essays research papers

Compulsive Gambling and Its Cost to the EconomyMore than 5 million Americans are pathological, compulsive and problem gamblers, and another 15 million are at risk of becoming sightly like them. A cat valium definition of problem dramatic play is a progressive disorder characterized by a continuous or periodic loss of control over manoeuvre and irrational thinking and behavior despite the consequences. When gambling interferes with any ones life, it can be categorize as an addiction or disease, just like alcohol and drug addiction is categorize as a disease. A study conducted for the National Gambling Impact Study Commission plunge that 20 million American have or could develop gambling problems. Also they have estimated those 1.8 million American adults as well as up to 1.1 million American adolescents age 12 through 17 engage in severe pathological gambling each year. As legalize gambling has become more common in the United States problems have sprung up as well. That negativ e influence is becoming more apparent as gambling is more widely available. It is becoming increasingly easy to gamble in the United States particularly in the last 10 years, and problems with gambling are a lot more common now than they ever were. Studies show that for every dollar gambling produces for a regional economy, three dollars are lost because of the economic and kind cost of gambling. The study has also said that if the government legalizes more gambling, taxpayers will lose money, whether they gamble or not. The gambling industry believes it is just selling an exculpatory form of family entertainment, but they dont mention how much the players lose or how gambling encourages addictive behavior or the enormous costs it creates for the lie down of society. It has been said that, gamblers with higher counts of gambling symptoms will have higher rates of problem. There many consequences associated with compulsive, pathological and problem gamblers. Examples of such cons equences include job and pecuniary problems, divorce, poor health, and criminal involvement. These addictions are the lifeblood of the gambling industry, said an economist from the University of Illinois by name Earl Grinols.