Texas Gambling: The Morality Vs Legality Of Casino Gambling

1807 words - 7 pages

For years casino gambling was portrayed in the media and Hollywood as being associated with criminal activities and the mafia. Now with proper scrutiny and government regulations casino gambling has become a lucrative business, with casinos stock even trading on Wall Street. Casino gambling is an ever increasingly popular and legal activity in many states throughout the United States. “The term gambling or ‘gaming’ as the industry calls it, means any legalized form of wagering or betting conducted in a casino, on a riverboat, on an Indian reservation, or at any other location under the jurisdiction of the United States” (National Gambling Impact Study Commission Act). States that allow casino gambling benefit vastly by re-incorporating the taxation off of commerce gained from casinos and tourism associated with the casinos back into the state and local communities. Jobs created by casinos also have a positive impact on the economy in local communities surrounding casinos as well as, the states that legalize gambling. Texas, while allowing horse and dog racing, lottery, and charitable bingo, does not currently prohibit casino gambling. In this essay, I will provide the different reasons the State of Texas will benefit from legalizing casinos gambling. By not having casinos, Texas continues to lose valuable tax revenue that could be awarded to state and local government funded programs for example, education, public safety, economic development, and infrastructure improvements. With the increasing number of legal casinos in bordering states such as Louisiana, New Mexico, and Oklahoma, the loss of tourism and tax revenue is a growing concern for Texas. Passing legislation to allow casinos in the State of Texas will help fund numerous state and local projects as well as create a plethora of jobs throughout all walks of life and will be an overall boost in the economy for Texas.
The State of Texas has reaped the benefits from the taxation of different forms of gambling for almost two decades. Since the inception of the Texas Lottery in 1992 (Texas Lottery website), the Texas Lottery has contributed more than eleven billion dollars to the Foundation School Fund which helps support education in the state. Pari-mutuel wagering for horse and dog racing has also been allowed under state law since 1987 and continues to provide revenue through taxes as well as employing numerous workers in the respective field (The Texas Gaming Commission website). If the State of Texas benefits from taxes off lottery and pari-mutuel wagering at horse and dog tracks then, how come legislation is reluctant to legalize casino gambling? The answer seems to lie within numerous religious groups and churches who view gambling as a criminal activity or a sin. An interesting fact is charitable bingo games which, are legal in Texas and is another form of gambling, have benefited churches and religious groups in the State of Texas for almost three decades...

Find Another Essay On Texas Gambling: The Morality vs Legality of Casino Gambling

The Unknown Prevalence of Youth Gambling

2087 words - 8 pages be as destructive as an unwanted pregnancy or sexually transmitted infection? Some may claim ignorance; others may cite an unwillingness to fund the efforts. If we hold either reason as true, the fact remains: nothing is being done to stop youths from falling into a gambling addiction. In the age of the Internet, playing casino style games or placing bets with a bookie can be done with the click of a mouse. These services

Legalization Of Gambling Essay

1483 words - 6 pages moral grounds upon which it stands and it is not worth it to compromise morality. The prophet Isaiah said “Woe to those who call evil good" (Isaiah 5:20). Certainly the Lord does not buy into the justification that it's good for the economy! (King James Bible).      Even though gambling might, in some cases, bring money into the state and local economies there are side affects to having a casino down the street. The

Effects of Gambling Casinos

628 words - 3 pages government, industry, and people. A casino often pressures the local government into law changes and area improvements to stimulate its business. The casino, which is a high-risk business, could fail anyway. If it does, the government may spend millions just to be left as one of many creditors of a defunct casino. Businesses lose funds the government might have used for subsidization, and consumers often spend money gambling rather than on the goods and

world of online gambling

1506 words - 7 pages different industries. This is then increases the financial strength of a nation. The gambling market still generates profit and revenue in spite of economic crisis. The online gambling also brings revenue to the legalized gambling company which bound of profit is assured. On top of that, it helps struggling casino companies in the land-based casinos in terms of regaining revenue through online. According to D’Angelo (2013), horseracing, solely

Affects of Gambling

1225 words - 5 pages problems by turning it into a giant casino. Instead we are suggesting that in a time when we need imagination and creativity desperately, we do wrong to suppress an aspect of the human personality which may be a key to these elements. We must learn to accept and deal with our total humanity if we are to have any chance of creating a society geared to the growth of the individual rather than to merely making him conform. By recognizing the benefits of gambling, we may begin to appreciate our humanity rather than suffer constant guilt over our normal impulses.

Dangers of Gambling. Explore the Dangers of Gambling Throughout Modern Culture Focusing on Young Gamblers

740 words - 3 pages Gambling has become part of this generation of teenagers, a generation that may end up in bankruptcy, addiction and depression. Gambling is like a drug; it costs a lot and is addictive. Researchers say that it could be as addictive as smoking. The consequences of gambling are unknown till someone takes the risk, and according to a recent survey 75% of teenagers are taking that risk. Teenagers are unaware of the dangers and are literally gambling

Legalization of Gambling in Ohio

2020 words - 8 pages Legalization of Gambling in Ohio The words Casinos and Gambling are often associated with gangsters, prostitution, murderers, and all the illegal operations one could think of. Those kinds of stereotypes are picked up in movies like ?Casino? and the countless other gangster and casino related movies that are based in the 50?s, 60?s, and 70?s, but that was then and this is now. ?While there may be some vestigial ties between

Explanatory essay of gambling addiction

1001 words - 4 pages It's a rush, putting money to the felt and threatening the cards to obey. Gambling is quickly becoming one of the favorite activities for many Americans. Where else could you have this kind of excitement with the potential to make money instead of lose it? Only amidst the flashing and heat of the casino lights can a person really let their money turn their brain into an emotional feeding frenzy. This rush, like any other high, has psychological

The Case Against Legalized Gambling

1304 words - 5 pages The gambling industry is a big money maker in America. Gambling institutions exist in many states. These institutions consist of riverboat casinos, Indian reservation casinos, and regular gaming casinos that all accumulate millions of dollars to the state through taxes. This tax money is then used throughout the state for many programs that may include education, health, and road maintenance. The American Gaming Association (AGA) even claims

Harmful Effects of Legalized Gambling

2188 words - 9 pages Harmful Effects of Legalized Gambling Gambling is prominent in today's society. This can be seen especially through politics. Everywhere voters are electing people to office who are pro gambling. William Thompson of the University of Nevada (1994) describes politicians by stating, Its part of the American landscape, they'll trade morality for dollars" (1). In North and South Carolina, for example, the last governor election showed

Gambling in the United States

559 words - 2 pages Gambling in the United States      Gambling has increased in the last couple of years. Is it because people are addicted? There are two types of gambling: Compulsive Gambling and pathological gambling. Compulsive Gambling is when people have a hard time resisting to gamble. Pathological Gambling is when there is a need to gamble for money or for large amounts of money. Also people don’t know when to quit when they are pathological gamblers

Similar Essays

Casino Gambling Essay

728 words - 3 pages Casino gambling is a very big business. It is the business of money. Casino's are illegal most everywhere, except where they are state sanctioned, such as Atlantic City and Las Vegas. Millions of people flock to these areas for the gaming, for a chance to win money, and to get away from their hectic schedules. Casino gambling in Pittsburgh can be advantageous in many ways.Bringing casino gambling to Pittsburgh would result in an increase of tax

Controlled Casino Gambling In Singapore: The Future Is Bright

2772 words - 11 pages Controlled casino gambling in Singapore will positively impact their economy, strengthen their social culture, and benefit other countries as well. Singapore announced 18 April, 2005 that it would allow construction of a pair of Las Vegas-style casinos, giving two gaming operators a potential for a significant revenue jump by the end of the decade (Rahil 18). The fact that the famously conservative Singaporean government is allowing its first

The Ethical Problems Of Gambling Essay

984 words - 4 pages there will usually be white collar and violent crime surrounding it. The movie “Casino” was based on real events and people showcasing on how the mob and other crooked officials exploited gambling to their benefit (Newbart, 2008). The casinos in this movie were also surrounded by criminal behavior. These are only a few examples of how gambling can be harmful to a person’s life, family, friends. This does not exclude the harmful side effects to

The Dangers Of Online Gambling Essay

1731 words - 7 pages The internet today has billions and billions of web sites, and some of those websites are the ones that if someone accesses it, then it will be a matter of life and death for them. It seemed bad enough to have gambling on the streets or in casinos, but ever since the internet was invented, gambling has just been getting worse and worse. People today just love getting on the internet and communicating with friends or family, but one of the things