Gambling Incomes
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Gambling Incomes
Through the years, gambling has become America's
pastime. Over 60 million Americans make some sort of
wager every day.1 When compared to other recreations(in
billions of dollars) in 1990, gambling institutions made
2.2 more than magazine sales, 8.3 more than book sales,
20.9 more than theaters, and a whopping 21.8 more than
movies.2 This number has increased to this high level
because of the growth in the amount of legalized gambling
establishments and the accessibility to these
establishments, both of which increases the number of
gamblers. The compulsive or pathological gambler affects
society most. According to Stuart Winston,
The compulsive gambler is the backbone of gambling.
Without the compulsive gambler, there would be no Las
Vegas, no Off Track Wagering. Two thirds of the race
tracks in America would close. The attendance of sporting
events would drop 50%, and T.V. wouldn't bother with
sports beyond championship events.....The compulsive
gambler bets a piece of his life everyday, and a piece of
his family's. The other 45 million people who gamble are
having fun.(Out of the 60 million who gamble every day)3
These gamblers often resort to crime to pay off their
debts and anger. Even though legalized gambling has
changed through time, and has been accepted in America
today, it remains detrimental to society, and should not
be legal anywhere.
American gambling can be traced back to the early
years of the nation. Different forms of gambling, such as
lotteries, remained popular until 1890, when U.S.
jurisdiction made lotteries and all other forms of
gambling illegal by direct prohibition.4 Gambling had
become more and more a low life thing to do. These low
lifes, called rowdies, would bet or take a bet on
anything. Most tried to look different from everyone else
by wearing thick imitation gold chains, a dyed black
mustache, a velvet coat, and long hair.
New York City alone had about 30,00 people earning a
living from gambling in the 1890's. The casino's were
plush and usually had a buffet with alcohol. The
operation made a lot of money, most from cheating. Each
casino would hire agents to come in and claim winning
keno numbers, afterwards giving most of it back to the
casino. Counterfeit money was also handed out to the few
people who happened to win. Any protest from a loser and
he would end up with a black eye. Oscar Handlin said, An
individual may sometimes take away substantial sums of
money, but in the long run the banker must win...
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