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The Potential Impact of Blogging of The Gambling Industry

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About this sample

About this sample

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Human-Written

Words: 1558 |

Pages: 3|

8 min read

Published: Nov 26, 2019

Words: 1558|Pages: 3|8 min read

Published: Nov 26, 2019

Table of contents

  1. Introduction
  2. Impact
  3. The four positive factors of gambling

Introduction

Blogging is very popular in today’s world, especially when it comes to teenagers. In fact, the numbers of blogs are constantly exploding, with about 18 million already existing blogs. The numbers of blogs are doubling every five months on an average. Blogging can be considered as an informational website which holds posts in the chronological order and comprises of activities, posts or updates about an ongoing subject in trend that is being discussed or debated or brought in light to create awareness. Its main idea is to discuss someone’s opinion on a particular topic. Bloggers are the persons who create and develop blogs on the internet.

They basically create a website on a particular group of problems and deliver their point of view about them. There are also blogs which simply notify readers about the development of a particular problem. Some bloggers present short stories and poems displaying their writing skills to the public. There are also some commercial blogs which advertise products and brands of some corporations.

In brief, there are blogs about everything. If you are interested in cooking you will see thousands of blogs that will touch upon this subject. You will not find any subject that does not have its blog thus making the concept of blogging and bloggers to be an important one as it makes it very easy for people to get information about something from different individuals with different perspectives and styles giving us a diverse range of ideas to choose from.

Also, the expenditure and efforts required to create or follow a blog are much less than actually working on a subject ourselves or trying to do something for the first time (without guidance or knowledge). Many blogs provide commentary on a specific topic or subject ranging from sports to politics. A typical blog combines digital images, texts, and links to other blogs. The reader’s ability to drop publicly viewable comments and interaction with other commenters is the most important contribution for popularizing many blogs.

Impact

The article on social media marketing and gambling by Dr. sally Gainsbury (2015). explains the current social media impact and involvement that has been a traditional tool to maintain customer loyalty. However, its successful use demands a balance between public relations, promotions, and corporate social responsibility. There were people from Australian gambling industry who were interviewed.

The main aim behind this was to explore how gambling operators are using social platform to promote products and interact with the users, and the extent up to which gambling practices are considered. Surprisingly all operators were active on social platform and used these practices to enhance customer interaction and and strengthen their relations. Gambling related issues were balanced against non-gambling issues. Raising revenue or sales goals were not targeted for social media use. Operators used social media as an additional way to strengthen their customer base and also to attract new customers to provide favorable ratings.

  1. How gambling reduces poverty level: Where jobs are offered and local businesses helped, the poverty level is low. The story of Tunica country is one of the examples that have positively been benefitted by legalizing casinos. Malta and UK are the countries which grew enormously soon after gambling companies began providing facilities. Jobs sector rose from 2000 in 1992 to 17000 by 2005. The number of visitors to the countries rapidly increased as more opportunities came up. Entrepreneurs started a museum, a golf park, and many more while the municipal introduced an expo Centre which attracts 200,000 people annually on an average.
  2. Global gambling revenueshow gambling industry impacts the economy: Gambling is much more worth that $37 billion since the industry came into contact. Land-based casinos were not struggling anyway. The United Nations earned $81 billion in terms of revenue from brick and motor casinos in the year 2013.
  3. How gambling industry impacts the tax revenue: The countries where gambling is legal the players pay taxes, the revenue generated is deducted and paid to the government. Some casinos also pay gross revenues in tax. Countries likeFrance, Austria, and Germany casinos pay 80% as gross revenue, which serves as important sectors of the economy.
  4. Other negative impactsof blogging on gambling: It is extremely convenient in means of giving light to illegal persuasions. Easy means to spend money online (source of addiction)Not a secured way to gamble as the illicit activities and bloggers cannot be held or traced in case of losses. It is a technology that cannot be relied upon completely due to lack of security.
  5. Financial ruin: In most of the cases people who are addicted to gambling all in all bets and really don’t have an idea when to stop, hence losing all their wealth in betting and playing through their lives.
  6. Family loss: The person who gambles is affected by his or her family because they support each other financially and emotionally. When such unusual things tend to happen the support can easily break down making the family apart and leaving them alone forever.
  7. Socially isolated: People who are involved in gambling often feel ashamed of their debts, so they try to hide their gambling life and hide themselves from the society.
  8. Key message: The trend of blogging makes it easier to gamble as the bloggers are elusive giving live updates and available online to take your offer. It reduces the effort of finding ways to gamble and looking out for sources, but also it decreases the security of money and influence and provokes people to bet and resort to illegal means as the blogs lack authenticity or approvals. Hence, making it risky to bet money online.

The four positive factors of gambling

Gambling has more positive constrains on economy than the negative ones. For example, New York raises more than 30% of the billions of dollars from the New York lottery goes into state education funding each year, which is estimated 5% of the state’s total education budget. Pulling into tourists dollars in any gambling institution is the key to increase local economy because the tourists are the perfect contributors in casinos, they usually come on aTrip of a lifetime. They tend to spend lot of money in casinos because they do not have a home or responsibilities to attend, they spend hours and hours at casinos just to try their luck playing various games and losing their money, which intern increase the economy. Gambling improves the long term job opportunities with jobs associated with casinos. Workers like card dealers, waitresses, management, clerks, chefs, staff, and others need to be on premises 24 hours a day depending on the venue. This keeps the hundreds of local residents get jobs.

These people can contribute to raise economy by purchasing day to day goods. If they have a stable job or a contract based job they spend even more through the years making the economy even stronger. Casino is not only the place to spend money and increase local economy but there are also other places like restaurants and hotels generally benefit from increased sales because people cannot gamble all the time, they tend to focus the surroundings of the casinos, businesses set up lucrative shops that sell beautiful jewelry, hats, t-shirts, and cosmetics which tourists love to take perfect gifts to their homes. Apart from this, any shop or eatery which is close to gambling Center is bound to have demanding influx of tourists spending good amount of cash.

Law Constraint: Bloggers resort to illegal means of gambling sometimes causes a negative effect on the subject being blogged about. For example: Betting on a national sport where it is illegal to gamble and make money, as it may lead to the exploitation of sports and sportsperson by bribery and match fixing is an offence under law and cyber-betting makes it easier for such actions thus disrupting law.

Gambling can be advantageous if taken in a positive way by improving the means, ways, sources of gambling and adapting to cyber gamble by only using authentic websites and blogs can bring positive changes in the way gambling works. Licensing the bloggers and making cyber-betting legalized is the first step as it gives both record of the number of gambles and also the assurance of a legalized protocol being followed.

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Making the gambling legal can avoid anonymous gambles and promoting it in a legal way by bloggers and creating digital awareness about it also increases the employment of individuals. This can bring changes in the way people play by having a registered track and also following the norms of law and society in turn bringing a progressive change and facilitating the revenues of the state by making it legal and collecting minimal taxes. The process and its effects are time consuming but the initiative and setup once instigates, can bring regulatory changes by awareness programs and also implementing strict laws for course of action pursuing illegal gambling.

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Cite this Essay

The Potential Impact Of Blogging Of The Gambling Industry. (2019, November 26). GradesFixer. Retrieved November 19, 2024, from https://gradesfixer.com/free-essay-examples/the-potential-impact-of-blogging-of-the-gambling-industry/
“The Potential Impact Of Blogging Of The Gambling Industry.” GradesFixer, 26 Nov. 2019, gradesfixer.com/free-essay-examples/the-potential-impact-of-blogging-of-the-gambling-industry/
The Potential Impact Of Blogging Of The Gambling Industry. [online]. Available at: <https://gradesfixer.com/free-essay-examples/the-potential-impact-of-blogging-of-the-gambling-industry/> [Accessed 19 Nov. 2024].
The Potential Impact Of Blogging Of The Gambling Industry [Internet]. GradesFixer. 2019 Nov 26 [cited 2024 Nov 19]. Available from: https://gradesfixer.com/free-essay-examples/the-potential-impact-of-blogging-of-the-gambling-industry/
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