login
Become a member
Quick Registration
Full Registration Benefits -
Free Homepages for Doctors
Free Homepages for Hospitals
Free Homepages for Medical Conference
Free Homepages for NGO's
Personal Health Record Creation
Access to all Medical Slides
Access to all Jobs & Products Sale
Legalized Gambling Threatens U.S. Security
The latest volume in the three-part United States International Gambling Report Series points out that casinos drain money from consumer products and services, weakening the economic engine that ultimately drives defence spending.
"We cannot maintain a strong military presence with a weak economy," said University of Illinois professor John W. Kindt, a national gambling critic and contributing author and editor of the series.
"Widespread gambling gambles with our national security by dragging down our national economic security," he added.
The books says that gambling siphons money from the traditional consumer economy, where an economic "multiplier effect" triples the value of every dollar spent by creating jobs that supply goods and services.
It also highlights the fact that Russia closed 2,230 casinos in 2006-07 citing the national security and military consequences, virtually abolishing legal gambling.
"The social costs of gambling are high, but the overriding strategic issue has always been the military and national security implications of economies that get weaker and weaker because of gambling," said Kindt, a professor of business and public policy.
The book also includes research that says gambling provides a haven that both fuels and finances terrorism.
"We're seeing all kinds of really outrageous examples of people averse to our interests who are using gambling to their advantage and our detriment, such as laundering money through casinos around the world," Kindt said.
|
|
|
 Comment & Contribute
|
Medwonders Health Network
- Health News Index
- News Quick Links
 | News Central | | Health Watch | |
| Latest Health News | | Health In Focus | |
| News Category (500+) | | Breaking Health News | |
| Popular News | | Celebrating Life | |
| Health News and Press Release | | Medindia - Exclusive | |
| News Photo Gallery | | India Special | |
| News Video Gallery | | Lifestyle and Wellness | |
| News From Other Resources | |||
| News Categories: |
| » | Vivek Oberoi Says There is No Smoking on His Sets |
| » | Gasoigne Swaps Booze for Botox |
| » | Michelle Obama: Name of Olive Tree in Italy |
| » | Beyonce: Most Beautiful Women in the World |
| » | Robin Gibb Recovers from Coma Wakes Up to Cancer |
| More Celebrity News | |
|
Lifestyle Related News |
||||||||
| » | Individuals' Brains 'Tick Together' If They Have Strong Emotions | » | Keeping Emotions in Check and Being Resilient Helps to Remain Satisfied With Life | |||||
| » | Moral Sense Depends on Type of Activity Being Done at Particular Time | » | 'No Scanty Garbs' Campaign UAE Women | |||||
| » | Asian Casinos Combat Crooks | » | Dapper Eyewear Records All Within Sight | |||||
| » | Rock Music at Concerts may Lead to Hearing Problems | » | Construction Of 'Intelligent' Robot That Designs Tools on Its Own | |||||
| Read More >> | ||||||||
