Gambling In The United States
Gambling is legally restricted in the United States, but its availability and participation is increasing. In 2007, gambling activities generated gross revenues (the difference between the total amounts wagered minus the funds or "winnings" returned to the players) of $92.27 billion in the United States. Commercial casinos provided 354,000 jobs, and state and local tax revenues of $5.2 billion as of 2006. Critics of gambling claim it leads to increased political corruption, compulsive gambling and higher crime rates. Others claim that gambling is a type of regressive tax on the individuals in local economies where gambling venues are located.
Read more about Gambling In The United States: Gambling Revenues, History, Authorized Types, Legal Issues, Commercial Casinos, American Indian Gaming, Lotteries, Recriminalization
Famous quotes containing the words united states, gambling, united and/or states:
“The United States must be neutral in fact as well as in name.... We must be impartial in thought as well as in action ... a nation that neither sits in judgment upon others nor is disturbed in her own counsels and which keeps herself fit and free to do what is honest and disinterested and truly serviceable for the peace of the world.”
—Woodrow Wilson (1856–1924)
“At the gambling table, there are no fathers and sons.”
—Chinese proverb.
“There was no speculation so promising, or at the same time so praisworthy, as the United Metropolitan Improved Hot Muffin and Crumpet Baking and Punctual Delivery Company.”
—Charles Dickens (1812–1870)
“... no young colored person in the United States today can truthfully offer as an excuse for lack of ambition or aspiration that members of his race have accomplished so little, he is discouraged from attempting anything himself. For there is scarcely a field of human endeavor which colored people have been allowed to enter in which there is not at least one worthy representative.”
—Mary Church Terrell (1863–1954)