Gambling Research Paper

Submitted By MissieLeslie
Words: 597
Pages: 3

Gambling started out in the Roman Ancient times, though they were in ancient forms not like the Black jack or the Slot Machines you see today. The people who gambled varied from the nobility to regular citizens and even slaves gambled. This event only took place during the festival that honors the God of Saturn. Under the Emperor Augustus, gambling was not allowed unless it is during this festival. Today, a lot of people have accepted gambling as part of a “good time” while on vacation to places like Las Vegas and Atlantic City. If this was the case and everyone is having a good time then why isn’t everyone so happy about gambling? Part of the reason why some people has a hard time about accepting gambling is the fact that it can cause an addiction which leads to losing all that you have and all that you have built. This impulse is called gambling addiction. Gambling addiction is a mental-health problem that is understood to be one of many kinds of impulse-control problems a person may suffer from. There are many reasons why people gamble. They all vary from “good time” to wanting to win big, one time big time! One thing is for sure, they gamble because they think it is the fast track to getting rich. This freedom of choosing to gamble their money versus spending it on food is their choice. It only becomes a problem when the kids are involved. When the parents starts to fumble for money just so they can feed their kids or put clothes on them. However, those who play to win, play a bit smarter. They know when to walk away and count their losses while others continue to spiral down on their losing streak. As their funds wind down, they often find themselves borrowing money and maxing out their credit cards just to win. Therefore, if that individual had a family to feed, it greatly affects their family’s financial status. According to Sam Skolnik, author of the newly released book “High Stakes: The Rising Cost of America’s Gambling Addiction”, in 2007 Americans lost more than $92 billions in gambling and that is about nine times what they lost in 1982, and almost 10 times more than what moviegoers in the U.S. spent on tickets that same year. He also stated that in 2005, an estimated 73 million Americans patronized one of the country’s 1,200 casinos,