Prominent Japanese psychologists released several studies in 2014 that examined the link between gambling addiction and casinos. At the moment, there are no casinos in Japan. Japanese officials oppose casinos because they are worried that citizens will become addicted to gambling.
Fortunately, these new scholarly studies suggest that most gamblers who become addicted to playing their favorite casino games eliminate their problematic gambling habits using their own willpower. More specifically, a Japanese psychiatrist named Yasunobu Komoto found that most problem gamblers can overcome their addiction by using natural methods and therapy.
Komoto also mentioned that some of his patients cured their gambling addiction by volunteering for a charitable organization.
The Casino Industry in Maryland
A study conducted by the American Gaming Association indicates that Maryland’s burgeoning casino industry is already providing a wide range of tax benefits to the state. The report claims that Maryland’s casinos brought in over $1.4 billion in 2013. These casinos also generated over 8,000 new jobs, too.
Just as importantly, though, is that Maryland’s new casinos lessened the tax burden that was placed on residents. In fact, Maryland residents received $252 in refunds on their state income taxes because of the tax contributions made by the new casinos.
$8 Billion Casino Resort Planned in Great Barrier Reef
Although conservationist groups initially expressed concern over an $8 billion mega-casino in Australia’s Great Barrier Reef, the Aquis Great Barrier Reef Resort received approval from the Cairns Economic Council in December of 2014.
Jeff Seeney, a member of the Cairns Economic Council, says that the Aquis could generate millions in tax revenue on an annual basis for residents of Cairns. The Aquis Great Barrier Reef Resort was initially proposed by Tony Fung, a stock market guru based out of Hong Kong.