This study by the Nova Scotia Department of Health found that only 4% of net gambling machine (or so-called “video lottery”) revenue was derived from “casual” players, even though they comprise 75% of players. Meanwhile, 96% of the revenue was derived from under 6% of the population who were classified as “regular gamblers.” About 16% of these regular gamblers were “problem gamblers” and they alone generated 53% of machine revenues even though they make up under 1% of the total population.
Online Gambling
Columbia School of Public Health declares gambling addiction as one of the biggest health issues in America
The Columbia University School of Public Health, one of America’s leading public health programs, published a national investigation into the massive public health impacts of government-sponsored casinos and lotteries. Led by Elaine Meyer, this must-share article spotlights how predatory gambling is harming millions of Americans and the communities they live in.
Behind the Human Urge to Gamble
Frank “Lefty” Rosenthal, a legendary Las Vegas casino operator played by the actor Robert De Niro in the movie “Casino,” said this about gambling in a 1997 PBS Frontline interview: “I don’t agree with the premise or the concept it’s entertainment.”
Then why do human beings gamble? This study by Dr. John Nyman of the University of Minnesota School of Public Health finds that people gamble for two reasons: the possibility of getting something for nothing and the need to escape, which includes the human desire for an intense high or buzz.
The New York Times Magazine Exposes Modern Slot Machines
This must-read New York Times Magazine cover story by Gary Rivlin exposes the slot machine business as predatory and deceptive.
Fact Sheet on Unlawful Internet Gambling Enforcement Act of 2006
Government’s Predatory Gambling Program Surpasses the Predatory Subprime Lending Business
Prior to the massive crash of the highly-predatory subprime lending business which nearly every state Attorney General sued for their predatory practices, former Harrah’s top executive Rich Mirman boasted to Wall Street Journal reporter Christina Binkley: “I worked in the subprime lending industry. At least casinos are open about what they do.”
The infamous subprime lender Countrywide Mortgage made a lot of money and employed a lot of people by selling bad loans to citizens who could never afford to pay them back. Countrywide’s “success” was phony prosperity and it caused major damage to our economy which all of us are still paying for today. Presently, our state governments across the U.S. are full partners with corporate gambling operators whose business practices go far beyond failed subprime lenders like Countrywide.
National Report Concludes That Predatory Gambling Worsens Long-Term Budget Problems
A 2009 report by the Rockefeller Institute of Government at the State University of New York Albany concluded that predatory gambling worsens long term budgetary problems for states. Read the report below to see why states that institute predatory gambling as a means to stabilize the budget are deeply disappointed time and again:
“Income from casinos and lotteries does not tend to grow over time as rapidly as general tax revenue. Expenditures on education and other programs will generally grow more rapidly than gambling revenue over time. Thus, new gambling operations that are intended to pay for normal increases in general state spending add to, rather than ease, long-term budget imbalances.”
Why the Poor Play the Lottery Even More When Times Are Tough
Yale University’s Emily Haisley analyzed why poor people play the lottery even more when times are tough. Read this New York Times story about her report.
Citation: Carnegie Mellon University (2008, July 24). Why Play A Losing Game? Study Uncovers Why Low-income People Buy Lottery Tickets.
A Nation in Debt: How We Killed Thrift, Enthroned Loan Sharks and Undermined American Prosperity
This essay written by Barbara Dafoe Whitehead appeared in the July/August 2008 issue of The American Interest. It is excerpted and adapted from For a New Thrift: Confronting the Debt Culture, a report released in May 2008 by the Commission on Thrift. Whitehead exposes how anti-thrift institutions like state lotteries, casinos, payday lenders and credit card companies hinder the average American’s ability to save their earnings and get ahead financially. These institutions have been the main contributors to the growing amount of consumer debt accumulated in recent decades. Whitehead calls on the public to reform these institutions and to advocate for a culture based on saving and wealth-building.
U.S. Department of Justice Links Gambling and Crime Among Arrestees
U.S. Department of Justice – Office of Justice Programs National Institute of Justice, July, 2004
This report, funded and published by the U.S. Department of Justice studied people who had been arrested in Las Vegas and Des Moines, Iowa. They found significant connections between gambling and crime. “More than 30 percent of pathological gamblers who had been arrested in Las Vegas and Des Moines reported having committed a robbery within the past year, nearly double the percentage for low-risk gamblers. Nearly one-third admitted that they had committed the robbery to pay for gambling or to pay gambling debts. In addition, about 13 percent said they had assaulted someone to get money.