Gambling among college students is a growing problem on campuses across the country. A study released in May 2004 by the National Collegiate Athletic Association showed a growing tendency toward gambling among college-student-athletes, prompting the NCAA to commission a task force to study the problem (Dooley Pp)
Football, golf, wrestling and lacrosse were the sports with the highest percentages of male athletes betting, while the sports with the largest numbers of female wagering were golf, lacrosse, basketball and field hockey (Dooley Pp). One college student confessed that he began gambling when junior high school, shooting craps for lunch money on the cafeteria floor, then in college he started playing dice aboard riverboat casinos and in one night lost the $2,000 he had borrowed as a student loan (Breaux Pp)
One student at Louisiana State University in Baton Rouge was recently accused of bilking the school out of $3,000 in a payroll scheme to support his gambling habit (Breaux Pp). Research suggests that the amount of underage casino gambling is substantial and that teenage casino gamblers also gamble on lotteries as well (Brown Pp)
Although gaming peers may promote tendencies to gamble, other influences such as time pressures, money, and knowledge, may constrain those tendencies (Brown Pp). A study released in 2004 that surveyed 1,350 undergraduates at the four campuses of Connecticut State University during fall 2000 found that 18% of the men and 4% of the women reported that gambling had led to at least three negative life consequences commonly defined as problem gambling (Steinberg Pp)
Drop and handle are frequently confused terms; however, there is an important distinction between the two. "Handle is the total amount wagered, or bet: A chip may be wagered (bet) many times before the game goes to a decision and the chip is won or lost" (Barker & Britz 6)
Finally, it is widely recognized that in most casinos today, the game of blackjack provides gamblers with the most opportunities to win, or at least to prolong losing, over other forms of casino gambling: "Strategies that do work are very rare and hard to find and sometimes even harder to utilize. Certain strategies in blackjack have been found to yield positive expected gains" (Coyle & Wang 1993:109)
In a study to examine the value of gambling to Illinois it was determined that 84% of the persons who gamble at the casinos were from the state and only 16% were out of state. Additionally, an overwhelming majority of the gamblers lived within 50 miles of the casino, this distance also applied to persons from out of state (Thompson 2002)
According to the book the creation of the national lottery in the UK has encouraged more women to gamble. The author explains that for many years there was a certain mysticism that surrounded the playing of the lottery (Casey, 2008)
The increase in the number of gambling addicts is due in part to the increased availability of gambling through the internet and other mediums. Cosgrave (2010) further explains that, "The rapid expansion of gambling enterprises in North America in the last four decades, particularly the spread of casinos, forms of elec-tronic gambling, and Internet gambling since the early 1990s, points to significant developments in consumption activity, and to issues related to the state legitimation of an activity that was previously (officially) deemed problematic for society, and which, in some of its forms, holds certain risks for participants (Cosgrave (2010)
The author further explains that as the number of sites continues to grow throughout the globe, the potential for developing online gambling addictions among adolescents will also grow (Wong 2010). The author also explains that, "Students are particularly vulnerable to online gambling because they are frequent Internet users who may be attracted by the pop up gambling advertisements, provisionmof trial sites, souvenirs, and the colorful graphics and photos presented with the games (Derevensky & Gupta, 2007)
These risks are described as edge work, safe risk and cultivated risk. The author explains that although risk-taking products are currently available in tourism and leisure markets, analysts believe that the quest of chasing risk is an articulation of social transformation and changing social structure (Gephart 2001; Hannigan 1998, Cosgrave 2010)
The formal definition of addiction asserts that it is "a process whereby a behavior, that can function both to produce pleasure and to provide relief from internal discomfort, is employed in a pattern characterized by (1) recurrent failure to control the behavior (powerlessness) and (2) continuation of the behavior despite significant negative consequences (unmanageability). (Goodman 1990, 1404)
At the current time there are more than 2,000 gambling sites on the internet that compete with one other (American Gaming Association, 2009; Wong 2010). The author further explains that as the number of sites continues to grow throughout the globe, the potential for developing online gambling addictions among adolescents will also grow (Wong 2010)
He also acknowledged the increase in this number at the advent of the 21st century when Utah, Hawaii and Tennessee were the only states within the United States that did not permit any form of gambling activities. (Herrmann, 2002) The U
In the year 1999, the National Gambling Impact Study Commission carried out a survey and put forth a description and detailed data of the stats depicting the increase in internet gambling corresponding to its demand and technological expansion. According to the report, internet gambling revenues and participants had increased twofold or doubled within a year from 1997 to 1998, and the sites available online had grown from 50 in 1998 to 18,000 in 2002 (Bear Sterns report), and within a decade (1995-2002), the gambling industry had earned $10 billion in revenues (Keller, 1999)
In fact, the gambling industry benefits from the concealed, prompt, residual and 24.7-hour access that the universal medium of internet can provide to the eager participants (Kyl, 2003)
Online gambling, for some, is also one of the sources of money laundering activities because of the completely private contact and obscurity to the industry that enables a money launderer to deposit a certain amount of money in a fake or phony account use and loose a certain amount of the money to gambling and then cashing it, making it look completely legal (Kyl, 2003). Hackers will be able to find easy susceptible ways to get hold of important personal information like the credit card number or account details and use it illegally or for dangerous means or robbery (McMillen, & Grabosky, 1998)
Gambling is readily available anywhere and anytime now. (O'Brien, 1998; Keller, 1999) This growth and accessibility of gambling through the internet is utterly conflicting with the government's aim to form regulations and rules against the phenomenon of under-age gambling and exploitation
S. government, since the breakout of Internet gambling in 1995 has tried to restrict the activity from growing through imposition of laws and regulations on the gambling bodies, however, after a decade of its birth, most of these efforts have been in vain as internet gambling spreads farther into the world with a growing acceptance and liking of the concept (Prystash, (http://acacia
This research paper gives a brief history of the involvement, and the results thereof, of the government laws and regulations, with the gambling industry's standpoint on the criticisms faced, and positive points of Internet Gambling. Online Gambling Rules and Regulations: The widespread restrictions and regulations passed over the years on the accessibility and ventures of the gambling industry have mainly been because of the belief that the pros and cons of the gaming industry weigh heavily towards the negatives as opposed to the positives (Valley Broad. v. United States, 1998; Keller, 1999) In the United States framework, it is acknowledged that the construct for legalizing internet gambling can be intricate and tricky, which is why both the federal as well as state government bodies are sharing responsibilities for its control