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Gambling in Investment
M. Vadivel
B.Com PA
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.
Three types of Gambling
 Recreational Gambling
 Problem Gambling
 Compulsive/Pathological Gambling
Definitions :
 Recreational Gambling: Only for fun and does
not have a negative impact on the individual
or the family.
Problem Gambling:
Gambling has a negative impact on the
individual, family & work; but the individual is
still able to function at a minimal level.
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
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
Pros of Gambling
Tourism
Employment
Better health
Charity
Entertainment
Tax revenue
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
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
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.
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.
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.
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.
Cones of Gambling
 Financial strain
 Depression
 Criminal Activity
 Impact on childrans
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
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 tenssions.
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.
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
Thank You….

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Gambling in Investment Management

  • 1. Gambling in Investment M. Vadivel B.Com PA
  • 2.
  • 3.
  • 4.
  • 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
  • 7.
  • 8. Definitions :  Recreational Gambling: Only for fun and does not have a negative impact on the individual or the family.
  • 9.
  • 10.
  • 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
  • 14. Pros of Gambling Tourism Employment Better health Charity Entertainment Tax revenue
  • 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 tenssions.
  • 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