Games and gambling are intrinsically linked, ranging from warnings about the dangers of gambling to taking their cues from broader cultural reference points. Recent advances in technological infrastructures have created new opportunities and products, while also raising concerns about the growing intersection of these industries. This chapter explores five important issues related to the intersection of games and gambling. These include: a. How do we define games as gambling? What are the legal requirements and restrictions?
The legalisation of social casino games in various states has sparked debates about their potential impact, which is often overshadowed by the debates about their definition. The rapid rise of social casino prompted some to question whether the games would cause harm or encourage young people to move on to “real money” gambling. One social casino lawsuit, filed by Cheryl Kater, found that many of her plaintiffs had amassed high debt levels from social gaming. This led to an academic debate about the appropriateness of calling these new forms of gambling “social casinos”.
Moreover, the research team conducted a thorough analysis of time series data to determine the costs of gambling. They looked for factors that may influence gambling, including monetary losses, societal costs, and other related variables. The findings of the study indicate that a problem gambler may have a substantial impact on the gambling industry. This is the case for the gambling industry as well as the social environment. A recent study in New York showed that pathological gamblers may result in the displacement of local residents. It may also increase the cost of credit throughout the economy.
Social casino has become a powerful tool for gaming corporations to diversify their business portfolios by embedding brand titles into different genres. Aristocrat, for example, has been successful in this way by embedding their Lightning Links Slots games within the gaming industry. In fact, Lightning Links is now embroiled in a legal battle with a rival over the stealing of corporate secrets. Its progressive jackpot design has made it popular in US casinos and is even the subject of dedicated slot lounges.
The growth of poker has led to the proliferation of poker venues. Television broadcasts of poker tournaments has increased the popularity of the game. Internet-based betting exchanges are another popular form of online gambling. Betting exchanges are Internet Web sites that take a small percentage of each bet. Many of these sites have a professional staff to oversee the games and take a cut of the money. These are all important aspects of contemporary gambling practices.
The social impact of gambling cannot be separated from the impact of other factors on the local economy. Unemployment, cutbacks in social services, and changing societal attitudes all have an impact on criminal patterns. The committee reviewed a variety of existing research on gambling to determine the effects of gambling on the local community. The results suggest that gambling has a multiplicity of benefits that can ‘leak’ to neighboring communities. So how can we make the most of these benefits?