What Happens in Vegas (losing) Stays in Vegas (your money)
Recently, I visited Atlantic City for a family reunion and while driving on the Atlantic City Express Way I noticed a flashing neon road sign that read, You drive you speed you lose. After spending a week there, I told my relatives that the sign should read, You drive – to Atlantic City You lose, as speeding is optional. Whether it is in Las Vegas, Atlantic City, or even at home on your own computer with some online gambling website, what eventually happens is that approximately 20 million Americans develop gambling problems wagering and eventually losing approximately $0.5 trillion dollars annually (Feigelman, 1998). Someone has to pay those 24-hour electric bills. Approximately 2 million Americans are pathologic gamblers, 3 million adults can be considered problem gamblers and an additional 15 million are considered at-risk for problem gambling (NGISC, 1999). But who are the real losers? Findings from the 1999 Gambling Impact and Behavior Study reported that direct and indirect costs to American society from problem and pathologic gambling (e.g., health care, bankruptcy, criminal costs, etc.) are...
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