![]() ![]() Gambling has been defined in a variety of ways but can be best described as “putting something of value at risk on an outcome that is due to chance.” 4 Traditional forms of gambling include casino games, sports betting, card playing, and lotteries. One of the most popular selling holiday gift ideas during the 2004 holiday season was gambling-related merchandise, namely poker chips and home casino games. In 2004, gambling became part of mainstream America through the popularity of televised poker tournaments, fantasy sports, and Internet gambling. 3 With the increase in availability of gambling, there has been a concurrent upswing in gambling's acceptance. Gambling participation rates over the last year have been reported to be close to 80 percent of the adult general population. 2 In comparison to other recreational activities, cigarette sales generated $22 billion per year while sales of digital video discs (DVDs) totaled $25 billion. The American Gaming Association reports that the casino industry generated approximately $72 billion in gross revenues during the fiscal year of 2003–2004, a dramatic increase from the $25 billion generated in 1995. 1 As a result, American society has transformed gambling into one of the largest forms of entertainment in today's popular culture. Over the last 20 years, legalized gambling in the United States has expanded to the point where it is available in every state except Hawaii and Utah. ![]()
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