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Gambling Is Good For Our Commu - Essay

Gambling Is Good For Our Commu


In recent years, gambling has become one of hottest political issues in Canada. The word "gaming" is the term preferred by the gambling industry over "gambling". Both words refer to the same kinds of activities in Canada which include lotteries, casinos, charitable gaming and pari-mutuel wagering such as horse racing. The gambling industry and gambling activity in Canada have been growing rapidly over the last few years. Gambling has become part of most people’s everyday lives. The public’s attitude has also changed dramatically over time. Many people see it as a leisure activity. In British Columbia, the total amounts wagered during the 1992/93 was approximately 1.2 ...

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for a local charity organization. The gambling industry at the end of 1990s is quite different from the past. Gambling was once low-tech and labor-intensive industry and people had to wait for a long period of time between each event. It was also controlled by some illegal groups or criminal organizations. Now it is a 24 hours activity with instant result and without waiting too long. Government is playing an important role in today’s gambling industry. There are kinds of gaming activity which are sponsored or controlled by government who sees it as one of the major sources of it’s revenue.
Government revenue--This is a key point that why government support legalized gambling and expansion of the industry. In 1994, almost half a trillion of dollars were wagered within Canada. During 1995 and 1996, the government net gaming revenue was $ 264.9 millions. By 1998/99 this had increased to almost $ 400 millions. Such a dramatically increase in government revenue ...

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Gambling Is Good For Our Commu. (2006, July 12). Retrieved November 30, 2024, from http://www.essayworld.com/essays/Gambling-Is-Good-For-Our-Commu/48996
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"Gambling Is Good For Our Commu." Essayworld.com. July 12, 2006. Accessed November 30, 2024. http://www.essayworld.com/essays/Gambling-Is-Good-For-Our-Commu/48996.
"Gambling Is Good For Our Commu." Essayworld.com. July 12, 2006. Accessed November 30, 2024. http://www.essayworld.com/essays/Gambling-Is-Good-For-Our-Commu/48996.
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PAPER DETAILS
Added: 7/12/2006 12:49:30 AM
Category: Miscellaneous
Type: Premium Paper
Words: 937
Pages: 4

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