Changes

Jump to navigation Jump to search
Line 72: Line 72:  
There are many online casinos.
 
There are many online casinos.
   −
== Gambling Loss Limit ==The Missouri legislature, with the approval of voters, adopted a gambling loss limit in an effort to prevent substantial losses by gambling patrons.  The loss limit allows for a loss of no more than $500 every two hours, or $6000 per day.  This loss limit does not limit recreational gambling, but does clearly help reduce the impact felt by pathological and problem gamblers, as well as help prevent illegal money laundering.  
+
== Gambling Loss Limit ==
 +
The Missouri legislature, with the approval of voters, adopted a gambling loss limit in an effort to prevent substantial losses by gambling patrons.  The loss limit allows for a loss of no more than $500 every two hours, or $6000 per day.  This loss limit does not limit recreational gambling, but does clearly help reduce the impact felt by pathological and problem gamblers, as well as help prevent illegal money laundering.  
    
Those individuals who would gamble and lose more than $500 every two hours are most likely to be pathological or problem gamblers.  Those individuals are the least able to control their gambling and are the most responsible for the social costs that result from gambling.<ref>http://www.casinowatch.org</ref>  This loss limit helps to reduce binge gambling because “many problem gamblers have binge activity extending over long hours. If casinos had closing hours (or loss limits), even if only for two to four hours an evening, such binge behavior could be temporarily stopped, and a problem gambler could be brought back to reality."<ref>http://www.casinowatch.org/loss_limit/briefing_points.html</ref>  In fact, “removing loss limits at gambling establishments will lead to an increase in compulsive gambling and an [[escalation]] of the gambling by those individuals in the early throes of addiction."<ref>http://www.casinowatch.org/loss_limit/lorenz_letter.html</ref>  
 
Those individuals who would gamble and lose more than $500 every two hours are most likely to be pathological or problem gamblers.  Those individuals are the least able to control their gambling and are the most responsible for the social costs that result from gambling.<ref>http://www.casinowatch.org</ref>  This loss limit helps to reduce binge gambling because “many problem gamblers have binge activity extending over long hours. If casinos had closing hours (or loss limits), even if only for two to four hours an evening, such binge behavior could be temporarily stopped, and a problem gambler could be brought back to reality."<ref>http://www.casinowatch.org/loss_limit/briefing_points.html</ref>  In fact, “removing loss limits at gambling establishments will lead to an increase in compulsive gambling and an [[escalation]] of the gambling by those individuals in the early throes of addiction."<ref>http://www.casinowatch.org/loss_limit/lorenz_letter.html</ref>  
Anthony, Irenaeus, Siteadmin, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators
126,152

edits

Navigation menu