A Comprehensive Analysis Of Online Gambling Essay

The cheap and accessible Internet combined with the growing confidence of consumers in online commerce has enabled the increasing popularity of interactive gambling which is defined as online and remote wagering and gaming through interactive media devices (Gainsbury, Russell, Hing, Wood, Lubman Blacszczynski, 2015). In fact, despite its relatively new history, the industry has significantly grown in the last few years, accounting for approximately 10% in the worldwide gambling industry and been expected to steadily flourish in the foreseeable future (Global Betting and Gaming Consultants, 2011). However, the rapid growth of interactive gambling outpacing the laws and the complex nature of the Internet has given rise to a great number of concerns around the negative aspects that it can bring to the economy and society (Gainsbury, 2012). A thorough and critical understanding of these disadvantages is crucial, especially in a country, whereas people are highly involved in gambling and increasingly participate in online gambling like Australia (Gainsbury, 2012). Thus, this report aims to provide a comprehensive analysis into the unfavourable aspects of online gambling in Australia and suggest solutions towards them. To achieve this, the report has three main objectives: 1. Provide a general and informative background about the online gambling in Australia 2. Analyse the negative impacts of online gambling on the economy and society 3. Discuss a set of recommendations toShow MoreRelatedMarketing Pl An Informative Sports Betting1945 Words   |  8 Pageson betting terms and responsible gambling. The outcome from the course will be an in-depth understanding of sports betting and an individualised, strategic method to increase the likelihood of success. The course will include an introduction to sports betting with an overview of common terms and responsible betting. The body of the course will contain lectures on more unique terms, different markets, live betting and how to set betting limits. SITUATION ANALYSIS The present market conditions forRead MoreKeyword : Best Bingo Sites Reviews Essay1007 Words   |  5 PagesFind the world’s Best Bingo Sites Reviews before to begin playing online. What are the Best Bingo Sites Reviews Online? There are millions of online bingo review sites available in the market today. Players are spoilt of getting too many choices when it comes deciding upon which games ensure maximum payout. Each country has a dedicated set of review sites, apart from this there are sites that include reviews about all the top online bingo casinos offering bingo free. Best Bingo Sites Reviews – USARead MoreAnalysis : Patriot Financial Services Insider Threat Customer Data Breach1361 Words   |  6 Pages Darryn Sydnor 22-Oct-2015 Analysis: Patriot Financial Services Insider Threat Customer Data Breach Section 1: Overview of the data breach On September 8, 2015, it was discovered that a Patriot Financial Services (PFS) employee, whom provided customer support services to clients, had stolen personal financial data from approximately 50K of their customers. The data stolen by this employee was comprised of personal customer information including full names, homeRead MoreSolaire Resort and Casino4555 Words   |  19 Pages 4. PESTEL Analysis †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 8 4.1. Political Environment 4.2. Economic Factors 4.3. Socio-cultural 4.4. Technological 4.5. Legal factors 5. Market Analysis †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 15 5.1. Background 5.2. Market size 5.3. Market forecast 5.4. Projected Growth 6. SWOT Analysis †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... 17 Read MoreAustralian Casino Industry and Competitive Analysis3417 Words   |  14 PagesExecutive Summary The purpose of this report was to gain a better understanding of the Casino Industry. It identifies the many contextual and diverse factors that influence this particular part of the gambling industry in terms of the type of customers they attract, how it is shaped by government policies, the impact of suppliers and buyers of the market, competitive rivalry, and organisational generic strategies. The Five Forces model revealed a highly dominated industry by two major competitorsRead MoreCollege Student Gambling: Examining the Effects of Gaming Education Within a College Curriculum15937 Words   |  64 PagesCOLLEGE STUDENT GAMBLING: EXAMINING THE EFFECTS OF GAMING EDUCATION WITHIN A COLLEGE CURRICULUM A Thesis Presented by MARYANN CONRAD Submitted to the Graduate School of the University of Massachusetts Amherst in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE September 2008 Department of Hospitality and Tourism Management  © Copyright by Maryann Conrad 2008 All Rights Reserved COLLEGE STUDENT GAMBLING: EXAMINING THE EFFECTS OF GAMING EDUCATION WITHIN A COLLEGERead MoreThe Diagnostic Criteria For Smartphone Addiction1224 Words   |  5 Pagesdiscriminating ability of withdrawal criteria provided evidence that withdrawal is an actual phenomenon in the manifestation of behavioral addiction syndromes, which is still under debate even though DSM-5 has listed withdrawal as a criterion of gambling or Internet gaming disorders [13]. Our proposed withdrawal criterion A2 included mood states (e.g. dysphoria, anxiety) and active symptoms (e.g. irritability), matching the withdrawal criterion of Internet gaming disorders in an international consensusRead MoreOnline Gaming Addiction Using Official Mental Disorder Essay2513 Words   |  11 Pagesadolescents and young adults. These groups are at higher ricks for developing gaming addiction because they are still growing. The review wants to present the classification basis of online gaming addiction using official men tal disorder frameworks (Kuss Griffiths 2011). To also identify other studies that go into detail about online gaming addiction in children and adolescents, also show the findings and pit them against related mental disorder criteria. The empirical review in this study shows first howRead MoreInustry Competitor Analysis-Casino Hotel7793 Words   |  32 PagesExecutive Summary The center of our industry and competitor analysis research is MGM Mirage, the second largest casino hotel operator in the world with $7.2 billion in revenues in 2008. The only company that surpasses MGM Mirage by revenue and scale is Harrah’s Entertainment Inc. with $10.8 billion in revenues in 2008. Other competitors that should be considered are Las Vegas Sands Corp. and Wynn Resorts Ltd with respectively $1.7 and almost $1 billion in revenues in 2008. OurRead MoreInternet Addiction And Its Treatment1163 Words   |  5 Pagesau/~/media/Research%20and%20Analysis/Research/pdf/Austra lians%20digital%20livesFinal%20pdf.pdf ACMA,. (2016). Excessive internet use | ACMA. Acma.gov.au. Retrieved 12 October 2016, from http://www.acma.gov.au/Citizen/Internet/esecurity/Staying-safe- online/excessive-internet-use Amichai-Hamburger, Y. Ben-Artzi, E. (2003). Loneliness and Internet use. Computers In Human Behavior, 19(1), 71-80. http://dx.doi.org/10.1016/s0747-5632(02)00014-6 ArÄ ±soy, Ãâ€". (2009). Internet addiction and its treatment.