Is online gambling good or bad for the society?

Is online gambling good or bad for society?

The positive effects of internet gambling.

How does internet gambling work?

• The industry contributes $15.3 billion to the economy.
• Consumers spend $14.5 billion a year on gambling alone.
• About 57 per cent, or $8.6 billion, goes to governments and charities.
• The industry accounts for more than 50,000 jobs.

Gamblers wanting to bet online are usually required to set up an account with the gambling website and to make a payment into that account before betting. Payments are usually made by using credit or debit cards, online payment providers (Paypal), wire transfers, or e-cash.

http://www.google.com/imgres?q=internet+gambling&safe=active&biw=1920&bih=950&tbm=isch&tbnid=Dgn3M_abZtdodM:&imgrefurl=http://www.digitaltrends.com/gaming/888-holding-online-gambling/&docid=YaJrpaQB2Ep3TM&imgurl=http://www.digitaltrends.com/wp-content/uploads/2013/03/url29.jpg&w=724&h=482&ei=SZ57UufGHpDMkQer9oD4CA&zoom=1&ved=1t:3588,r:17,s:0,i:130&iact=rc&page=1&tbnh=182&tbnw=275&start=0&ndsp=37&tx=139&ty=89

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http://www.google.com/imgres?q=online+gambling+v.s+gambling&start=106&safe=active&biw=1920&bih=950&tbm=isch&tbnid=sf6W_a6VjyYHsM:&imgrefurl=http://sportschump.net/2013/03/15/increasing-number-of-arab-players-in-online-gambling/11159/&docid=KDzdzlMQ1dByMM&imgurl=http://sportschump.net/wp-content/uploads/2013/03/onlinegambling.jpg&w=460&h=268&ei=N6J7Uue8OsejkQeO34G4Bg&zoom=1&ved=1t:3588,r:43,s:100,i:133&iact=rc&page=4&tbnh=171&tbnw=294&ndsp=39&tx=259&ty=94

http://www.google.com/imgres?q=online+gambling&safe=active&sa=X&biw=1920&bih=950&tbm=isch&tbnid=qWxRihlGBOrkSM:&imgrefurl=http://recentfootballnews.com/online-betting-brings-the-classic-sportsbook-directly-to-you&docid=tRcwMuekl670LM&imgurl=http://recentfootballnews.com/wp-content/uploads/2012/09/Online-Betting.jpg&w=450&h=276&ei=IZ17UoCgApDTkQfH3IGoCQ&zoom=1&ved=1t:3588,r:11,s:0,i:114&iact=rc&page=1&tbnh=176&tbnw=287&start=0&ndsp=37&tx=87&ty=95

Sites used

http://www.nytimes.com/roomfordebate/2010/7/29/should-internet-gambling-be-legalized/too-many-negative-side-effects-to-online-gambling

http://webspace.ship.edu/jacamp/psyberpsych/Addiction/gambling.html

http://www.cbc.ca/news/industry-promotes-the-good-in-gambling-1.641353

http://curryfor3.wordpress.com/2012/03/01/effects-of-online-gambling/

http://www.lawteacher.net/finance-law/essays/online-gambling-law.php

http://www.google.com/imgres?q=internet+gambling&start=110&safe=active&bih=950&biw=1920&tbm=isch&tbnid=4K9BEIO1TFtvUM:&imgrefurl=http://www.openmarket.org/2011/01/11/new-jersey-quietly-approves-online-gambling-bill/&docid=scqHU2Exo7L1GM&imgurl=http://www.openmarket.org/wp-content/uploads/2010/10/online-gambling.jpg&w=419&h=300&ei=H597UrSAHsfMkAesloGQDw&zoom=1&ved=1t:3588,r:21,s:100,i:67&iact=rc&page=4&tbnh=175&tbnw=197&ndsp=39&tx=109&ty=102

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Online Gambling History

The first online casino started in 1995 with eighteen online games, and since then the industry has grew at such a rate that an estimated 30 million gamblers visited internet gambling sites in July of 2005 alone.

The negative effects of online gambling.

Is online gambling better than regular gambling.

In many cases, compared to a traditional land based casino, an online casino has many advantages which have contributed to its overall growth, and success.

• Multilingual: Most of the popular online casinos offer multiple language support, so a person who does not understand English is still able to gamble.
• Currencies: Unlike a land casino, many online casinos accept multiple currencies so that two or more persons are able to play the same game using their own currencies.
• Dress code: Online casinos don't have dress codes. One can play in a business suit, dress, underwear, or naked.
• Safety: In many cases, it is actually safer for a person to play at an online casino than at a land based casino because the risk of the player being assaulted or robbed greatly decreases when one plays from the safety of one's home.

• Mental health issues – depression, anxiety, diminished self-esteem, increased alcohol, drugs, suicidal thought and even suicide.
• Physical health problems –insomnia, headaches, back or neck pain, stomach upset and numerous other ailments.
• Self-care –not eating right, poor sleep habits, personal hygiene etc.
• Social issues – arguments, relationship issues, alienation, separation, divorce, physical or mental abuse etc.
• Financial problems – job loss, pressure of debt and paying loans and bills, bankruptcy.
• Legal problems – theft, fraud, arrests, jail.
• School/work problems – absenteeism, decreased productivity, lack of interest.

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