1. Sri Ramakrishna College of Arts &
Science
Coimbatore – 06.
Topic: Gambling in Investment
M.VADIVEL
Assistant Professor
Department of B.Com PA
Sri Ramakrishna College of Arts & Science
Coimbatore.
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5. Gambling is the wagering of money or
something of material value on an event
with an uncertain outcome with the
primary intent of winning additional money
or material goods.
6. Three types of Gambling
Recreational Gambling
Problem Gambling
Compulsive/Pathological Gambling
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8. Definitions :
Recreational Gambling: Only for fun and does
not have a negative impact on the individual
or the family.
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11. Problem Gambling:
Gambling has a negative impact on the
individual, family & work; but the individual is
still able to function at a minimal level.
12. Pathological gambling
Pathological gambling is being unable to resist impulses to gamble,
which can lead to severe personal or social consequences.
Compulsive and habitual gambling can destroy a person's life. He
likely suffers personal problems and financial ruin, with problem gambling
sometimes leading to a life of crime. A compulsive, or pathological,
gambler is someone who is unable to resist his or her impulses. This can
lead to severe consequences
13. Types of Gambling Games
Lottery
Bingo
Card Games
Skill Games (bowling, pool, golf)
Sporting Events
Horse/Dog track
Casino Games
On-line Wagering
Stock market
15. Tourism
Lavish casinos are often seen by people
from out of town as a great weekend or
vacation destination because they provide
them an avenue for their gambling hobby,
normally a fun experience.
People in countries such as United
Kingdom, Italy, etc indulge in the gambling
activity for fun, pleasure and relaxation
16. Employment
More jobs are created in casino-hosted
regions.
The world’s biggest gambling destination in
Las Vegas, Nevada, attributes over 60% of its
city employment towards casino-based jobs
alone.
it also supports over 100,000 jobs in British
economy
17. Better Health
Gambling has been shown to help older
people and retirees drastically reduce their
health problems.
They aren’t as likely to suffer from
depression, alcoholism, or bankruptcy as
older people who don’t gamble.
18. Charity
Charity organizations use gambling to raise
revenue is by holding large Bingo games,
having lotteries or raffles, and by holding
charity poker events.
some schools out there hold events such as a
casino night to build money for their yearly
operations.
19. Entertainment
Gambling can provide quite a thrill to those
that do it and the prospect of winning money
is always an added bonus.
Many casinos provide customers with a vast
array of shows to make the gambling
experience even more fun.
20. Tax revenue
Economic impact of betting industry, in
terms of direct and indirect influence, is to
the tune of 6 billion pounds ($9.3 billion) .
casinos have to pay taxes that are above
20% just based on their total revenue, this
is normally far more money than other
businesses are going to be brining into
their area.
21. Cones of Gambling
Financial strain
Depression
Criminal Activity
Impact on childrans
22. Financial Strain
Personal savings and income
Money is taken from other economic uses,
investment, and charities
Poverty is reinforced because poorer gamblers
take greater risks in the hopes of a big win
23. Depression
Because of tension in mind that you have lost
a great amount of money which can cause a
disaster in both your professional as well as
personal life.
Depression can later leads to Use of alcohol,
sleep, or drugs to escape from tensions.
24. Criminal Activity
Addictive gamblers often resort to burglary,
theft, larceny, embezzlement, and similar
crimes to get cash.
As with criminal activity, the chance for
greater rewards than ordinary employment is
a disincentive to the work ethic.
25. Impact on Children's
Parental gambling has negative effects on
children.
Parental gambling is linked to inadequate
coping skills, relationship and behavior
problems, increased potential for children to
become problem gamblers when they grow up
