Check out the All-New ANTiFanboy Podcast
Back in 2006, a group of angry young comic book nerds started a podcast with the focus of highlighting which comics that released that week were the must-read books but as the show grew in popular, it expanded into a show about video games, movies, television, comics, and everything else in between. Just remember one thing: We don't talk. We argue!

Gaming Vs gambling

Gaming and gambling are very similar activities in which players can place bets on the outcome of a match or event. One way for players to increase their potential for winning is to “play for fun” through gambling. The term is commonly used to describe gambling, however the definition of the terms is often ambiguous. Many states that prohibit gambling define it as “playing for fun” or a “game of chance.” But others define gambling more broadly to include all forms of wagering, including sports betting and poker as a lot of people get interested on the online sportsbook now a days. Some states, including Rhode Island, specifically define “gambling” as a “fundamental risk of game, sport or entertainment.” Although the legal definition of “gambling” varies, these broad definitions often cause the gaming industry to make claims about how it will be treated.

In light of these differences, it is not surprising that there are a range of opinions and interpretations concerning gaming regulation and gaming legislation. For more on gambling regulation and legislation, see our Guide to Gaming Regulation and Legislation (PDF, 2.6 MB). In lieu of this, jornaldoestadoms has open its own opinion about the topic since the main focus of their site is about online slot games.

The Legal Issues

Gambling legislation is often drafted using vague definitions of the word “gambling,” which can give rise to significant issues of interpretation. The New Jersey Gaming Commission for example, has written many regulations without specifically defining the word “gambling.” As a result, there is no clear line between a game of chance and a game of skill.

When gambling regulation is enacted in a given jurisdiction, the gaming industry has significant bargaining power in terms of access to the regulatory system, as well as an immediate expectation of continued economic growth as they increase their revenue stream from gambling revenues. For example, as noted by the Center for the Study of the American Gaming Industry (CSAA), the four casinos in Atlantic City, New Jersey generate about $40 million a year in revenue from gaming revenues, with revenue exceeding $100 million each year. While casino revenues have doubled over the past decade, the average earnings of casino employees have fallen by 30 percent. The CSAA noted that the decline in casino employees’ earnings “has been driven in part by the substantial wage increases that casino industry representatives demanded to improve the industry’s financial position.” According to the Casino Reinvestment Association (CARA), the average casino worker makes $46,400, while the average full-time, non-casino employee earns $56,560.

Other businesses that benefit from the presence of casinos include employment lawyers, property developers, and financial advisors who often offer lower hourly wages to employees in the casino industry. The CSAA noted that the total earnings of casino employees and non-casino employees have been similar, with the average non-casino employee earning $49,700 and the average casino worker earning $46,400. A total of 53 percent of non-casino employees work in management and administrative occupations, with the remainder working in support, sales, and food services occupations. Approximately half of the non-casino employees in the casino industry are female, with 47 percent working full time and 43 percent working part time. Approximately 29 percent of casino employees work in non-casino jobs with higher wage rates, and 33 percent work in jobs with higher wages than their casino counterparts.

To view the full report, please click here.

# # #

About The Center for Popular Democracy

The Center for Popular Democracy is a non-profit, nonpartisan, community organization that empowers Americans to shape the future. Our goal is to

Share

ANTiFanboy

Follow us on Twitter: @ANTiFanboy