Too Many Xmas Presents Can Cause Gambling Problems, Claims Study

Too Man<span id="more-12345"></span>y Xmas Presents Can Cause Gambling Problems, Claims Study

Warning: Christmas gift suggestions, like these people, should be prevented in excess: they could turn your kids into horrific adults. (Image: telegraph.co.uk)

Excessive Christmas time gift suggestions can turn children into dysfunctional grownups who are more prone to gambling and relationship problems, claims a new tough-love joint study from the University of Missouri therefore the University of Illinois.

The research, which thankfully arrived at the optimal time they want can cause them problems in later life because we were just about to go and do our Christmas shopping, warns parents that buying their children everything.

It’s also saved us an absolute fortune!

As the news that spoilt kids make lousy adults may not be completely earth-shattering to our readers, this the very first time that a scientific study has recommended a link between overindulged young ones and gambling problems.

But according to Professor Marsha Richins during the University of Missouri, whom led the study, showering kids with high-end gifts included in a parenting strategy will spawn materialistic adults, and this is bad.

Such adults tend to believe that success in life is defined by the amount and quality of their material possessions and that only the purchase of more will make them feel happy, attractive, or fulfilled.

Grownups who define on their own or others by their possessions are at a greater risk of gambling problems, marital breakup, debt and generally reduced well-being.

Materialistic Adults

The research surveyed more than 700 grownups and asked respondents to report on a range of childhood experiences involving their and the benefits and punishments they received.

‘Our research suggests that kids who receive numerous material rewards from their parents will continue rewarding themselves likely with material goods when they’re grown, well into adulthood, and this could possibly be problematic,’ explained Richens. ‘Our research highlights the value of examining childhood circumstances and parenting practices to understand customer behaviors of adults.

‘Loving parents tend to supply material rewards to their children,’ Richins said. ‘One explanation for the link between material rewards and later on materialism is that kids who receive these benefits are more most likely than others to use possessions to define and enhance by themselves, an element that is essential of.’

Christmas time is Canceled

Doting mothers and dads should take notice that, based on the research, the following three parental techniques tend to turn their children into potentially obnoxious adults: rewarding children with gift suggestions when they have accomplished one thing, such as making the soccer team or getting directly A’s; giving gifts as a way to show love; punishing children by firmly taking away their possessions, such as a toy that is favorite gaming.

As Lan Chaplin, associate teacher of marketing at the University of Illinois, whom also contributed to the study, explained: ‘It’s OK to need it things for your children, but remember to encourage them to be grateful for all the people and things they have within their life,’ Chaplin said. ‘Each time kiddies express their gratitude, they be more aware of exactly how lucky they’ve been, which paves the way for them to be more substantial and less materialistic.’

OK, well, we’re going to skip the entire xmas present thing completely in 2010, merely to be in the safe part. Whenever we have one flaw it’s that our company is too caring.

Trump Taj Mahal Will Stay Open Into 2015

A $20 million loan from Carl Icahn will keep the Trump Taj Mahal in operation while a long-term agreement is negotiated. (Image: Huffington Post)

The Trump Taj Mahal has seen two planned closing dates come and go, but the lights are nevertheless on at the Atlantic City that is embattled casino.

And now, thanks to a new infusion of cash, it appears as though the resort will stay open for at the very least a bit that is little.

Trump Entertainment Resorts lawyers said this week that investor Carl Icahn has loaned the company $20 million, an amount that will allow the casino to stay open for quite a while while bankruptcy procedures continue to play down in court.

That will provide all edges included to be able to work a settlement out that would keep consitently the casino open at the end of those talks, rather than start to see the Taj Mahal turn off or liquidated.

Loan Are Going To Be Considered at January Hearing

Trump Entertainment attorney Erez Gilad told US Bankruptcy Judge Kevin Gross that the loan, which was decided the other day, had enabled the organization to demand that the closing date for the casino be pushed straight back indefinitely.

The Taj Mahal is guaranteed to stay open until at least that court date while that request won’t be considered until a court hearing in January.

The loan won’t be enough to keep the casino open forever: Judge Gross even remarked that it probably would not be enough to keep consitently the casino running for the full year.

Nevertheless, it should provide a window for continuing negotiations between Trump Entertainment, the employees of this Unite Here Local 54 casino union, state and city officials, and Icahn.

The interplay that is complex all of these parties has made the bankruptcy proceedings difficult to navigate, even since it seems at times as if progress is being made.

In present months, state lawmakers have been working towards passage of a package of bills that would offer tax cost and relief certainty to Atlantic City’s casinos.

At precisely the same time, the union representing the Taj Mahal’s workers had been in negotiations with Trump Entertainment throughout the future of the benefit plans.

The employees had appealed a bankruptcy court decision that could have permitted the organization to split the union to their contract, while Trump Entertainment said they were willing to agree to restore some benefits if the union would drop their appeal.

Near Agreement Apparently Blocked by Icahn

In the week that is last it showed up as if the union and Trump Entertainment had arrive at a contract that both sides could consent to. But union officials said week that is late last Icahn scuttled the deal.

‘We and everybody else thought we could start moving Atlantic City forward, but it is unfortunate that one person could place the brakes on all that,’ said Local 54 president Bob McDevitt.

Lawmakers then reacted by postponing votes on the income tax aid bills, citing having less contract between the parties in the Taj Mahal dispute.

‘Icahn has to come towards the table and make a deal,’ said Assemblyman Vince Mazzeo (D-Atlantic County).

Meanwhile, Icahn characterized his $20 million loan being a good faith gesture towards a later agreement, even if one wasn’t reached right now.

‘Even though we believe that Atlantic City will be great again someday, many individuals would still argue so it will be a better financial decision for me personally to allow the Taj close and wait to see whether a global settlement are reached,’ Icahn had written in a letter to Trump Entertainment CEO Robert Griffin. ‘But I can’t be therefore callous as to let 3,000 hardworking people lose ladbrokes casino testbericht their jobs while a settlement that is global the state and union, which would enable us to turn the Taj around, as we’ve completed with therefore numerous other ailing companies, remains a possibility.’

Southern Tier Officials Call on New York To Award 4th Casino Permit

Southern Tier officials are upset that local proposals such as for example the one at Tioga Downs were passed over in ny’s casino recommendations. (Image: WENY News)

The ny casino licensing battles remains hot even after last week’s announcement by the Gaming Facility Location Board that only three upstate casinos will be recommended.

Officials in ny’s Southern Tier are requesting that the state reconsider allowing a casino in your community, while an indigenous American tribe’s announcement of a new facility threatens to further complicate the local market.

The Southern Tier, a part of New York suggest that borders northern Pennsylvania, was combined with the Finger Lakes right into a single licensing area for the purposes of New York’s casino expansion.

Local officials had hoped any particular one of two proposals in the Southern Tier would be plumped for, however the recommendation for a guaranteed license for the region instead went to Lago Resort & Casino in Tyre, a Finger Lakes location.

State Just Suggested Three of Four Possible Casinos

The state board also suggested one casino in the Catskills, and another in Schenectady, near Albany. They did perhaps not, however, recommend that a 4th license be awarded, despite the proven fact that the state’s laws permitted for one area to get a casino that is second.

Many observers expected a 4th casino would have gone towards the Hudson Valley-Catskills region, that was seen since the many lucrative, Southern Tier officials are now lobbying them a casino instead for it to be used to give.

‘ We truly need an opportunity,’ said State Senator Thomas Libous (R-Binghamton). ‘the jobs are needed by us. This area of the state has been hurting for quite a while, and there’s a license that is fourth most of us know is available. Once more, I’m asking for that fourth permit to be granted in the true Southern Tier region.’

Lawmakers Attract Governor

Other officials have also asked Governor Andrew Cuomo to find a 4th casino in Tioga County, including US Representative Tom Reed (R-New York) and Assemblywoman Donna Lupardo (D-Endwell). However the continuing state board said which they were quite clear inside their recommendations.

‘ We reached a unanimous consensus that these three selections we made have the best shot for success,’ said Gaming Facility Location Board Chairman Kevin Law. ‘There shouldn’t be a fourth.’

For Jeff Gural, who owns Tioga Downs who had hoped to expand the racetrack in to a fully-fledged casino, that explanation simply isn’t sufficient.

‘I think it’s clear that no one understands why the Southern Tier, that was promised a license, did not get yourself a license,’ Gural said.

Governor Cuomo has pledged to give the Southern Tier the sort of special financial attention in their second term he gave Buffalo in their first term as governor.

Locals feel as though the region was largely shunned within the past week, both due to the casino decision and a fracking ban established last Wednesday.

Oneida Nation Announces Brand New Casino Venture

Meanwhile, the Oneida Indian Nation has announced which they intend to start a $20 million Oz-themed casino in Chittenango in 2015, just 14 kilometers east of Syracuse. The announcement regarding the small facility arrived simply four days after the state board made their commercial casino recommendations, as well as the new casino will be only about 60 miles far from the Tyre resort. However, Oneida officials say that their plans were in the ongoing works well before that announcement.

‘It’s the way the timing resolved,’ Oneida spokesman Joel Barkin told Capital New York.

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Absolvent, 2010 (12 C)

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