4 Benefits Of Gambling

Why gamble and why don’t?Most people are unhappy about being labeled as gamblers since the disgrace would forever harass them. People have several reasons regarding the sport of gambling. Few gamble for fun, some to forget problems, another few to just pass the time. There are people who gamble seriously and there are others who are simply addicted to gambling.Gambling is not all that downbeat, if you realize that there certain untapped benefits from gambling which are not very visible and are beyond the race track or the walls of casino or even bingo social hall.EmploymentThe employment ratio attributed to the existence of casinos in Las Vegas is around 60 percent. One would not be able to perceive the situation if the casinos suddenly stopped functioning.EntertainmentGambling is no doubt the essence of entertainment provided people limit themselves and sprinkle discipline within them. Some people are too optimistic about recovering all their lost cards in the next game and hence continue the game. These constitute hardly a quarter of the gambling population who are not responsible enough and get into indecent gambling.However there is the other 75 percent of population who gamble responsibly. They are those who know the entertainment value of gambling and never get into opinions where they are blinded to make huge money the very first time they hit the card!It is a sad fact that only a very minor portion of gamblers realize how destructive gambling can ever get. It is true that friends, families, jobs, properties, crime etc saturate the destruction brought by gambling when there is no application of self discipline.Charity WorkThe winnings coming from gambling tricks and activities have donated the much required financial resource for every worthy cause. Lotteries and Bingos are being utilized in many cases in a way that every win contributes a percentage of jackpot reward to various charity institutions.At times celebrities manifest their competence in different games such as the card game of poker in a way that the audience is entertained and the winnings go towards the charitable organizations they represent.Health benefitsStudies have revealed that population which is 65 years or older who gamble have considerably fewer reports of health issues be it depression, alcoholism or bankruptcy. They find gambling very therapeutic as in a way it keeps them alert by exercising their mind.Retiree gamblers are most often recreational gamblers who value the entertainment quotient of gambling. It was concluded that they stay healthy because they begin by being healthy and not because of gambling.To conclude, it is not just the act of gambling that develops as harmful or beneficial to any individual. It is but the resolution of the individual which would help him rule excessive gambling rather than excessive gambling ruling up on him.

New Zealand’s Online Gambling Market

New Zealand has one of the biggest gambling populations in the world. Despite being a small country with only 4.4 million inhabitants, New Zealand’s residents spend billions of dollars on gambling every year. Playing land-based casino games is particularly popular, but online gambling has increased in popularity over the years.Currently, New Zealand’s gambling laws prohibit online gambling. Unlike many countries, the laws do not punish players for taking part in internet gambling activities; instead, online casino and online poker operators who provide their services to New Zealand residents are prosecuted for doing so. The advertisement of online casinos and online gambling brands is also prohibited in New Zealand. Fortunately, since the legislation has been passed, no operators have been reprimanded.There are only two operators that are allowed to offer their services to New Zealand residents: TabCorp and the New Zealand Lottery Commission. TabCorp is one of the biggest land-based gambling operators in the country and has had a monopoly on the internet gaming market for years. The company’s online gambling website has earned billions of dollars over the course of the past five years and shows no signs of slowing down. In 2011, TabCorp’s online services brought in over $700 million in revenue. Following an incredibly successful foray into the online gaming world, the operator now has its eyes on the mobile gambling market.The New Zealand Lottery Commission has just launched its own online gambling service, allowing customers to purchase their lottery tickets online. Players register to the site as they would at any other online casino, and they can fund their accounts using the credit cards or bank accounts. There is a $150/week or $300/month spending limit at the NZLC’s website, and players can choose lower limits if they wish. The New Zealand Lottery Commission also offers online bingo and keno.Although there are strict rules dictating which companies may and may not offer online casino services to players, it seems that New Zealand’s government may be looking into the option of regulating offshore gambling websites. After witnessing the huge growth of offshore gambling websites and success that other countries have had in regulating the market, the government seems ready to follow suit. Earlier this year, the Inquiry into Interactive and Online Gambling was launched. The review may lead to an online gambling reform, which would see the legalization and regulation of offshore gambling in New Zealand and Australia.