Friday 8 July, 2005

It's done

It's doneWell, I've signed the contract now and I'm officially going to be starting on Monday. My mood goes from extreme joy to panic, but it'll settle down.

I really appreciate everyone's comments, they've made the decision easier. My first reaction was like hfb - is it the same as working for a gun factory and claiming wide-eyed that it's not my fault if somebody gets killed? I like Mikki's version better though, and more accurate - it's a product that's meant to be fun (unlike guns, no matter what Charles Heston says) but some people just can't handle it.

Gambling is not something I know a lot about - it's never been of interest to me so I've never had to find out. So yesterday I did some research on the subject. There have been many studies made about the effects of gambling (although not that many objective ones - most of them have been sponsored by casinos, and we all know what that means), and it's undeniable that it's generally bad news.

According to John Warren Kindt, Professor of Law at the University of Illinois at Urbana-Champaign, an increase in the population of compulsive gamblers can be devastating. Every compulsive gambler impacts between seven and seventeen other people. Compulsive gamblers are a drain on society in a number of respects. The mean gambling debt of compulsive gamblers is $52,000 to $92,000. A study by Gambler's Anonymous found that 47% of compulsive gamblers had engaged in insurance related fraud or thefts where insurance companies had to pay the victims. In fact, 40% of white collar crime is thought to be caused by those with serious gambling problems. Crime in general seems to go hand-in-hand with gambling. Within three years after gambling was introduced to Atlantic City, the city experienced a tripling of total crime, rocketing from 50th to 1st in crime rate per capita. Similarly, the state attorney's office in Deadwood, South Dakota indicated that within two years after legalizing casino gambling, child abuse cases increased approximately 42%, domestic violence increased 80%, and burglaries and the writing of bad checks increased; overall, the town experienced a 50% increase in felonies and an 80-100% increase in law enforcement and police costs. Health care costs may also be affected by an increase in compulsive gambling, since compulsive gamblers are likely to have alcohol problems, and have a suicide rate 5-10 times higher than other Americans. The costs to society of rehabilitating compulsive gamblers, if it so chose, would amount to $17,000 to $42,000 per person. In all, the national price tag for compulsive gambling is currently estimated at $56 billion per year.

Not exactly what I wanted to hear, but still it's better to go in eyes open.

On the other hand, it doesn't need to be that way. Although in traditional bricks-and-mortar casinos organised crime often follows, on-line gambling suffers from this a lot less. While to start up a traditional casino costs somewhere around $300 million and will employ thousands of people, an on-line casino can be started up with only about $1.5 million and employ under 20 people - so mafia's traditional ways of getting a piece of the action don't apply. Player experience is often nicer too - you can relax at the comfort of your own home, and in theory you can have your "Gambling for Dummies" with you for guidance or you can rely on strategy charts which wouldn't be possible in a real casino. One could say that as long as you play sensibly - and it's possible - winning can be easier.

Proper reputable casions will always tell you the odds and payout rates for their games, they will let you try the games free and provide 24h good customer service. They will tell you where they are licensed, who's behind the operation, and what their game rules and cash policies are. As with every other business on the net, there are dodgy ones - as as with every other business, with little research they can be avoided.

So. I think I know what I'm doing, and I'm comfortable with it.

Posted by kolibri at 8 July 10:51, 2005
Comments
# 1 - Mikki (on July 9, 2005 07:23 PM):

As far as the organized crime aspect goes, it's not like it couldn't be weeded out (and it's not like its involvement in gambling hasn't decreased dramatically since its heyday). Indeed, it's not that gambling itself automatically attracts organized crime -- again, look at Finland where gambling is fairly legal; you don't see organized crime getting a piece of the action from the slot machines that you see standing in grocery stores everwhere or the RAY-owned casinos or blackjack tables located in numerous clubs, restaurants and hotels.

Certainly, places like Las Vegas are attractive to the criminal element, what with all that money floating around, but so are Silicon Valley and Wall Street, for that matter. The real problem is that organized crime knows which palms to grease -- the problem isn't so much that gambling attracts crime, but rather that corrupt people in positions of power traditionally turn a blind eye to certain types of crime if they are well compensated for it.

As for people with addictions -- well, if it's legal to sell people booze and cigarettes or let them play EverQuest, I don't see what difference gambling makes. It's not like it isn't a solid source of taxes for the government. The statistics you quote are indeed alarming, and compulsive gambling is definitely a very real problem, but the fact that other countries with legalized gambling don't seem to suffer from the same problems would indicate that it's not the gambling itself that's causing such a dramatic increase in crime.


# 2 - Mikki (on July 9, 2005 07:25 PM):

Oh... and if you'll allow me to nitpick, it's Charlton Heston. =)


# 3 - kolibri [TypeKey Profile Page] (on July 9, 2005 11:57 PM):

Charlton, Schmarlton... And I knew that of course ;)

What comes to gambling addictions to other countries - it would be interesting to know if there has been research and if it corresponds to the figures in US. If not, I have some theories of my own.

Problem with Americans is that they don't want to work to get results, the want it all know. Think about gastric bypass operations for example - don't want to diet or exercise, but want to lose weight? No problem, we have an operation. Is your dog/child misbehaving? No problem, send them to a camp. Are you too poor? No problem, here's a stack of chips. They have created a whole culture of shortcuts and this is most likely just another instance of that.


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