1. Economics Of Gambling Income
This growth, in turn, has exponentially increased the number of gamblers. By the year 2000, 95% of Americans will live within a 3-4 hour drive of a casino.13 Today, the only two states without any kind of legal gambling are Hawaii and Utah.14 Because of this, the amount of money gambled legally in 1993 was 2,300% higher than the amount wagered in 1974.15 From 1982-1990, Americans increased their amount of money they gambled over twice as much as their incomes increased.16 Despite the growth of this new clean gambling industry, the results of gambling remain frightfully dangerous. ... This ...
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- Approx Pages: 11
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- Grade Level: High School