Online Gambling Guide featuring Best Online Casinos,
Online Gambling Payouts and recommendations for Gambling online
ONLINE GAMBLING GAMBLING NEWS POKER UK CASINOS SPORTSBOOK BINGO
BEST ONLINE CASINO PAYOUTS
  GAMBLING WIZ
  Home
  Top 10 Casinos
  Best Payouts
  New Casinos
  Casino Reviews
  Best Bonuses
  No Deposit Bonuses
  High Roller Bonus
  Biggest Jackpots
  Live Dealers
  Be the Dealer
  Awards
  GAMBLING NEWS
  Latest News
  News Archives
  Gambling Articles
  PLAYER RESOURCES
  Players Guide
  Gambling History
  Gambling Glossary
  Commandments
  Winning Games
  Losing Games
  Do's & Don'ts
  Gambling Quotes
  House Edge
  Probabilities
  Money Management
  Gambling Psychology
  Practice for Free
  Gambling Jokes
  Gambling News
  Gambling Books
  RULES & STRATEGIES
  Video Poker
  Baccarat
  Blackjack
  Craps
  Roulette
  Slot Machines
  Betting Systems
  GAMBLING SOFTWARE
  Microgaming
  Playtech
  Real Time Gaming
  Boss Media
  Cryptologic
  OddsOn
  Viper
  Other Software
  CASINO GROUPS
  Belle Rock Gaming
  Fortune Lounge
  Bright Share
  Casino Partners
  Vegas Partners
  Casino Profit Share
  Casino Rewards
  Casino Coins
  BANKING METHODS
  FirePay
  Neteller
  Citadel
  Click2Pay
  PaySpark
  Other Methods
  MORE GAMBLING
  Flash Casinos
  UK Casinos
  Poker
  Sportsbook
  Bingo
  Lotteries
  Backgammon
  MISC.
  Casino Affiliates
  Directory
  Webmasters
  Newsletter
  Contact Us
Online Gambling Guide by Jerry Whittaker…
The Gambling Wiz        
Online Gambling Guide in your language: Online Gambling | Spanish  Online Gambling | French  Online Gambling | German  Online Gambling | Italian  Online Gambling | Dutch  Online Gambling | Portugese  Online Gambling | Russian  Online Gambling | Chinese  Online Gambling | Korean  Online Gambling | Japanese
"I have put together an Online Gambling resource center that focuses on the best
online gambling games as well as the best gambling sites to increase your odds of winning."
- Jerry Whittaker        
 

Corporate Gambling

by Jerry "Jet" Whittaker

March 13, 2006

In an Alberta study, seniors defined gambling as any activity involving playing a game for money, betting on the outcome of a contest, or paying for the opportunity to enter a lottery. It can take many different forms, including scratch tickets, pull tab tickets, bingo games, casino games, mahjong, charity raffles, lottery tickets, betting on sports games or pools, and horse betting. As governments derive more and more revenues from gambling, they have a public responsibility to prevent and address problems that may arise from that activity. The biggest growth has been in casinos and video lotteries. Young seniors may cash in their Registered Retirement Savings Plan to pay for gambling. They often don't realize that in doing so, the amount of the RRSP is added to their income that year for income tax purposes.

Situation of a gambler


A gambler in this situation can be in for a nasty eye-opener to find that not only did he or she lose the money, but also that the person then has to pay higher taxes because of cashing in the RRSP. Governments can also be concerned that if seniors lose more money than they can afford, that the seniors will then become a government responsibility. This is because many seniors' benefits are tied to seniors' income. A higher income senior who gambles beyond his or her means can easily become a low income senior. In some cases, the concern is about the marketing strategies used in some communities to bring seniors into casinos, such as busing them to and from a seniors' building to the casino, and providing inducements, such as offering breakfast.

Conclusion


Some people are concerned that gambling may adversely affect the person's health. If the person is spending more than he or she can afford, there isn't likely to be adequate money for rent, food, medications. There are gender issues. Corporate Gambling is a new activity for some older women. That inexperience can lead to difficulties. A husband who develops a gambling problem in later life risks not only his income, assets, and future wellbeing, but that of his wife who is likely to outlive him by many years. His problem becomes hers. Gambling problems are a family issue. Lower education for some seniors may mean they may not be able to fully understand risks they take in gambling.



 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright © 2000-2007 GamblingWiz.com All rights reserved.

 
Remember, you can beat the odds, but you can't beat the percentages.
Copyright 2000-2009 Online Gambling Guide - GamblingWiz.com All Rights Reserved