Gambling Effects On The American Economy - 1671 Words

Gambling Effects on the American Economy American people like games and entertainment, and one of these games is gambling. According to crops online, a gambling website (2009), gambling is classified as an old game taking place in China back around 2300 B.C. Then around 100 D.C., King of Norway and King of Sweden resolved the District of Hising property by using two dice. In the Mediterranean countries, the deck of card was developed, and especially the French altered the deck by pulling out a man and adding a queen. In nineteen century, the US citizens started playing gambling in a casino and house cuts in Cincinnati City and paying ten per cent to the house cuts (History of Gambling). Since then, the casinos have started spreading throughout the country, and nowadays, the casinos are in many states of the US where a lot of people spend their vacation either alone or with the family and enjoy their time. Moreover, the lottery is a different type of gambling. According to North Ameri can Association of State and Provincial Lotteries (NASPL), a lottery’s website, the lottery started in China around 100 BC, then the Belgian used lotteries to build chapels, almshouses, canals and port facilities in 1465, whereupon New York became the first state that authorized lottery in the United States in 1967 (Remember to Play). There are many viewpoints about gambling where some people consider that gambling has many benefits and supports the US economy, while others believe that it is aShow MoreRelatedThe Positive Fiscal Influence Of Gambling On The American Economy1084 Words   |  5 PagesPasstime The positive fiscal influence of gambling on the American economy, both locally and at the federal level, minimizes its negative aspects. The advantages of gambling are numerous and the revenue gained lends aid to a diverse group of programs from education to infrastructure. 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