Gambling Casinos Research Paper Example | Topics and Well Written Essays - 1000 words

Gambling Casinos - Research Paper Example The city attracted more and more people looking for work, and jobs were plentiful. It became a place where divorce could be obtained very quickly, which added to the lure of the economy. It also became a major tourist attraction of people interested in watching the construction progress of a massive dam. It was a way for the city to raise tax revenue. The first casino/resort to be built was the El Rancho in 1941, which started a booming industry that replaced mining and farming as the number one industry by 1950. Looking at Las Vegas today, it is still a thriving economic marvel. Residents are lured by the No State Income Taxes, increasingly newer homes, great climate year round, easy access to highways and good roads, great public schools, and state-of-the-art hospitals. The allure of a good job market, hiking and water sports, and just the prospect of a better life bring approximately 5,000 new people a month. It also loses 1,000 people a month, however, these numbers are based on vacationers. The growth of the city has been from legalized gambling and casinos. Gambling, wagering and betting bring in millions of dollars to Las Vegas and it’s one of the major reasons people migrate there. Other major Casinos are in New Jersey, Mississippi, and Pennsylvania. New Jersey was the second state to legalize casino gambling in 1978. This move helped to revitalize the resort area known as Atlantic City, and it was a success. Gambling has always been a subjective issue in the United States. Supporters argue that it increases revenues to the state and local economies in addition to promoting jobs and recreational benefits. History shows that the economic benefits greatly outweigh the detrimental side of casino gambling People who are opposed to casino gambling cite higher crime rates, gambling addiction and moral issues. Other less mentioned arguments are erosion of work ethics and traffic congestion. Some of these points can be measured in dollars lost in the for m of more police, increased legal and prison costs, the cost of social services for compulsive gambling, lost job production, and costs for traffic control. However, the damage that is done to persons and families cannot be measured. According to Terry Rephann with the Allegany College of Maryland casino gaming is more popular among older and more affluent people. Using Minnesota as an example, gamblers are drawn mostly from within the state to the Indian Casinos. The Indian Gaming Regulatory Act of 1988 made if possible for the Native American Tribes to negotiate Class III gaming compacts within their own states. They are allowed to operate full-scale casinos. Thus, in the last decade it has become a viable means of stimulating the economy, lowering unemployment and increasing tax revenues to local and state governments. Among other benefits, it has allowed Native Americans to greatly improve the quality of their lives. It has improved their schools, housing, jobs and income. Casin os attract tourism, increase business to other businesses in the area as well as lift the tax burden on the residents of the community. In economically depressed areas, casinos are seen as a sure way to draw tourists and create new jobs. Native Americans also have misgivings about the social ills that come with gambling. Chris Pearson, who is a member of the Mashantucket Pequot tribe says, â€Å"Native Americans are very spiritual people, and we don’

What Are The Drawbacks And Benefits For Teenagers Going To The Essay

What Are The Drawbacks And Benefits For Teenagers Going To The University - Essay Example In today’s world, graduation is not sufficient to meet future challenges and the economic survival. Hence, students who have good track record to get admission in the top class universities of the globe aim at to find out better opportunities and facilities for self and for their families alike. Other benefits of learning in a university gets closer with learning another language for international students, better opportunities, state of the art laboratories, very well maintained libraries and the computer technologies. In spite of mentioned benefits, there are many drawbacks, which students have to face during their stay in a foreign university, e.g. cultural differences, home sickness and easy communication with fellow students, professors, advisors and the people. Discussion Drawbacks We all know that taking a university degree means you have to spend three to four years in an educational institution. To meet the educational expenses, students have to work in different esta blishments (chosen retail outlets, warehouses and factories) to earn money regularly. The admission in a reputable university has now become status symbol. Since the degree level education spans over three to four years, therefore, students have to work hard for a longer period of time.... Less fortunate category of students all over the world due to complete involvement in studies and jobs cannot spare time for socializing activities. In view of the hectic schedule, they do not even find time to go out and enjoy with their friends for years. Minority of students who could not strike a balance between their studies and jobs have to say goodbye to their jobs, which compel their parents to meet extra expenses through their noses (Kenny & Gallagher 2003). The students in a foreign land have to go through the experience of making friends frequently. During their stay in foreign universities, students either have to rely on the income derives out from their jobs, parents support or to depend on the student loans since no other option is available to meet their expenses. The student loan is more affordable to them because of its being soft term. Further, repayment of such loan is associated with the availability of job to a student after completion of study. Despite availabi lity of soft term loan, student at some stage of their life has to pay off the debt with interest accrued thereon. Conversely, if a student do not find job just after graduation from the university, he has to face the distaste of interest accrued on the borrowed money (Kenny & Gallagher 2003). Benefits Teen’s education at university carries drawbacks and benefits side by side. First of all, students find themselves fortunate enough for having an admission in one of the reputed Universities (preferably in UK, USA and Australian Universities). By way of getting admission in a foreign university of repute, students find themselves in a place where opportunities are in abundance for them in terms of educational needs and spoken