Too Many Christmas Presents Can Lead to Gambling Issues, Claims Study

Too Man<span id="more-16152"></span>y Christmas Presents Can Lead to Gambling Issues, Claims Study

Warning: Christmas gifts, like these people, should be prevented in excess: they are able to turn your kids into horrific adults. (Image: telegraph.co.uk)

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

The research, which thankfully arrived at the optimal time because we were just about to go and do our Christmas shopping, warns parents that purchasing kids everything they want can cause them dilemmas in subsequent life.

It’s also saved us an absolute fortune!

Although the news that spoilt kids make lousy adults may possibly not be completely earth-shattering to our readers, this the time that is first a scientific study has recommended a hyperlink between overindulged kids and gambling problems.

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

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

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

Materialistic Adults

The research surveyed more than 700 grownups and asked respondents to report for a wide variety of childhood experiences involving their and the rewards and punishments they received.

‘Our research implies that kids who receive numerous material benefits from their parents will probably continue rewarding on their own with material goods when they’re grown, well into adulthood, and also this could possibly be problematic,’ explained Richens. ‘Our research shows the worth of examining childhood circumstances and parenting practices to know consumer actions of adults.

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

Christmas is Canceled

Doting mothers and dads should take notice that, based on the research, the next three parental strategies are likely to turn their children into potentially obnoxious adults: rewarding children with presents when they have accomplished one thing, such as making the soccer team or getting directly A’s; giving gifts in order to show affection; punishing children by firmly taking away their possessions, like a favorite toy or game.

As Lan Chaplin, associate professor of marketing during the University of Illinois, who also contributed to the study, explained: ‘It’s OK to need it things for your children, but make sure to encourage them to be grateful for all your people and things they have in their life,’ Chaplin said. ‘Each time kiddies express their gratitude, they be aware of exactly how fortunate they have been, which paves the real way in order for them to be more ample and less materialistic.’

OK, well, we’re going to skip the whole xmas present thing completely this present year, simply to be on the safe part. That we are too caring if we have one flaw it’s.

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 contract is negotiated. (Image: Huffington Post)

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

And now, thanks to a new infusion of money, it looks like the resort will remain open for at least a bit that is little.

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

That will provide all sides included an opportunity to work out funds that would keep carefully the casino open at the end of those talks, rather than begin to see the Taj Mahal turn off or liquidated.

Loan Is Considered at January Hearing

Trump Entertainment lawyer Erez Gilad told US Bankruptcy Judge Kevin Gross that the mortgage, which was arranged the other day, had enabled the company to demand that the closing date for the casino be pushed right back indefinitely.

While that demand won’t be considered until a court hearing in January, the Taj Mahal is fully guaranteed to remain open until at least that court date.

The loan won’t be enough to keep carefully the casino open forever: Judge Gross even pointed out that it probably wouldn’t be enough to keep carefully the casino running for a year that is full.

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

The complex interplay between all of these events has made the bankruptcy proceedings difficult to navigate, even as it seems at times as if progress has been made.

In current weeks, state lawmakers was working towards passage of a package of bills that would offer tax relief and price certainty to Atlantic City’s gambling enterprises.

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

The employees had appealed a bankruptcy court decision that could have allowed the business to break their contract with all the union, while Trump Entertainment stated they were ready to agree to replace some benefits if the union would drop their appeal.

Near Agreement Evidently Blocked by Icahn

In the a week ago, it ladbrokes casino deposit bonus code showed up as if the union and Trump Entertainment had arrive at an agreement that both sides could agree to. But union officials said late last week that Icahn scuttled the deal.

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

Lawmakers then reacted by postponing votes on the taxation aid bills, citing the possible lack of agreement between the ongoing parties in the Taj Mahal dispute.

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

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

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

Southern Tier Officials Call on Ny To Award casino License that is 4th

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

The nyc casino certification battles remains hot even with last week’s statement by the Gaming Facility Location Board that only three upstate casinos will be recommended.

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

The Southern Tier, an integral part of New York declare that borders north Pennsylvania, was combined with the Finger Lakes into a licensing that is single for the purposes of New York’s casino expansion.

Local officials had hoped any particular one of two proposals in the tier that is southern be plumped for, but the recommendation for a guaranteed license for the location 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 within the Catskills, and another in Schenectady, near Albany. They did maybe not, however, suggest that a 4th license be awarded, regardless of the undeniable fact that the state’s laws allowed for one area to get a casino that is second.

While most observers expected a 4th casino would went to your Hudson Valley-Catskills region, which was seen while the many lucrative, Southern Tier officials are now lobbying for it to be utilized to provide them a casino instead.

‘ We truly need an opportunity,’ said State Senator Thomas Libous (R-Binghamton). ‘We need the jobs. This the main state has been hurting for some time, and there’s a fourth license that we all know is available. Again, we’m asking for that fourth license to be granted in the true Southern Tier region.’

Lawmakers Appeal to Governor

Other officials have also asked Governor Andrew Cuomo to choose a casino that is fourth Tioga County, including United States Representative Tom Reed (R-New York) and Assemblywoman Donna Lupardo (D-Endwell). But the continuing state board said that they were quite clear within their recommendations.

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

The owner of Tioga Downs who had hoped to expand the racetrack into a fully-fledged casino, that explanation simply isn’t enough for Jeff Gural.

‘we think it’s clear that no one understands why the tier that is southern that has been promised a license, did not obtain a permit,’ Gural said.

Governor Cuomo has pledged to offer the Southern Tier the type of unique attention that is economic his second term he gave Buffalo in their first term as governor.

Locals feel as if the region happens to be largely shunned within the week that is past both because of the casino decision and a fracking ban established last Wednesday.

Oneida Nation Announces New Casino Venture

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

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

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