Britains Gambling Addiction Rising To Record Numbers
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Studies are constantly being done across the world on the amount of people with severe gambling problems, this week, a new study will be released in Britain and will claim that nearly one million people are affected by problem gambling.
According to the report, nearly two percent of the estimated 40 million people that gamble regularly have a problem. That figure will be up from the 33 million gamblers and 0.9 problem gamblers that were reported last time a large survey was taken back in 1999.
If the numbers are to be believed, then that means that nearly 800,000 people have a gambling problem.
The numbers are also up in people who are seeking help for their gambling problems. GamCare, a support group for problem gamblers reports that they received 30,247 calls this past year into their facility, that number is up 34 percent from the previous year.
The online gaming industry has a lot to do with the increased numbers, and the availability of legal casinos has also risen to record numbers, so the problem gambler numbers are sure to rise as the industry does.
Many believe that the percentages are the same as it has been for years, but because the number of people gambling is raising to such unbelievable numbers, that the number of problem gamblers seems inflated, but is, in fact, still a minute percentage of all gamblers.
Bidding War For Massachusetts Casino Set To Attract Big Names
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Move over Red Sox and Patriots, there soon could be a new form of entertainment gripping Massachusetts, casino gambling. As with most other states, Massachusetts appears ready to enter the world of casino gambling, and that means some big names will try to get a piece of the action.
The Governor of Massachusetts has given his recommendation, and part of what was outlined was the addition of four state licenses for gambling.
Upon hearing of the news, some big name company’s have already expressed their interest in the northeast area.
Steve Wynn of Wynn Resorts in Las Vegas has said that he would be interested in bidding on one of the licenses.
The MGM Mirage is another of the Las Vegas based casinos that is expected to put a bid in to the state.
One of the most outspoken potential candidates is Sheldon Adelson, who runs the Las Vegas Sands Corporation. The Venetian Resort is the corporations prized Las Vegas casino, and they also have resorts in both Singapore and Macau.
Another interesting candidate is Harrah’s Entertainment. Their chief executive Gary Loveman lives in the Boston suburbs and is a former Harvard Business School professor.
The interest in the licenses is not only coming from out of state as the four racetracks in the state are also expected to put bids in. The outcome, however, would not affect the racing, as the groups have all said they would continue live racing even if they offered other gambling options.