34 results for “Sports Betting”.
ith respect to the second criteria, it has also been found that betting exchanges deliver more accurate odds than bookmakers. This is to be expected, since betting exchanges are based on open market principles while bookmakers control their markets. The bookmaker's spread will negate any advantage the bookmaker will have in setting odds vis-a-vis the market. Indeed, the market's ability to set better odds than bookmakers has to do with removing the traditional information asymmetry that exists in the bookmaking industry.
The only point on which bookmakers may offer superior consumer welfare is with respect to liquidity. The concept applies to bookmakers as well, though, in that spreads are greater for events that receive fewer bets. In addition, the market is likely to remedy the liquidity problem and Metcalf's Law in the long-run, meaning that over the long-run betting exchanges are expected to deliver superior consumer welfare outcomes compared with…
Koning, R. & Van Velzen, B. (2008). Betting exchanges: The future of sports betting? Retrieved May 1, 2011 from http://www.thefreelibrary.com/Betting+exchanges:+the+future+of+sports+betting%3F-a0200185604
Smith, M. (no date). Consumer welfare and policy relating to online gambling. Economics & International Business Subject Group. In possession of the author.
Smith, M.; Paton, D. & Williams, L. (2006). Market efficiency in person-to-person betting. Economica. (2006). In possession of the author.
Smith, M.; Paton, D. & Williams, L. (2008). Do bookmakers possess superior skills to bettors in predicting outcomes? Journal of Economic Behaviour and Organisation. In possession of the author.
sports betting. Discussed are the problems with the betting, players getting gifts from betting agents, and effect of sports betting on the economy. Seven sources are used.
Sports and Betting
More Americans play more sports than in any other country in the world. Moreover, we watch more sports than anyone else on earth. Football and figure skating, two sports that could not be more different have drawn the biggest TV audiences in history. Sports bind us together as Americans. It has the ability more than just about anything else to tear down the barriers of race, class, gender, politics and geography (McDonald 1998). Sports is part of our national culture. It's part of our national conversation. A waitress at the local cafe talks Friday-night football with the cop and the banker. A Democratic gardener, trimming the greens at the country club, discusses golf swings or last week's tournament with a…
Davies, Dick. Spotlight Pofile. http://www.unr.edu/alumni/profile.asp?ID=5 .
A accessed 05-12-2002).
Gopal, Arun; Pettypiece, Shannon. "Michigan considers possibility of NCAA sanctions."
University Wire. March 25, 2002. http://ask.elibrary.com/getdoc.asp?pubname=University_Wire&puburl=http~C~~S~~S~www.uwire.com&querydocid=:bigchalk:U.S.;Lib&dtype=0~0&dinst=0&author=Arun+Gopal+%26amp&title=Michigan+considers+possibility+of+NCAA+sanctions++&date=03%2D25%2D2002&query=athletes+and+gifts+from+agents&maxdoc=50&idx=31.(accessed05-12-2002).
Track Betting in Sports - the Pros and the Cons
There is no doubt that first of all, thoroughbred wagering is a huge sport in the U.S. And elsewhere; and there also is no doubt that off-track betting (OTB) has become a very popular form of gambling, not only in the United States, but all over the world. Like any issue involving money, the public, and potential harmful habits that could be formed, OTB is, always has been - and always will be - controversial. This paper will discuss gambling addiction and other negative wagering issues as part of the "con" side (including the age groups most vulnerable to addictive behaviors); and the paper will also present the "pro" side, including food, beverage and entertainment services offered at OTB sites, the newest OTB innovations (which are on the Internet, which makes a person's home a veritable OTB); and the paper…
Betfair. "What is Betfair and how does it work?" November 2003. http://www.betfair.com .
Eng, Richard. "Bet Exchanges big Business." Daily Racing Form 17 November 2003. http://www.drf.com/news/article/51484.html .
Horton, Peter. "Still Gambling After All These Years." Newslink: Problem Gambling
News & Information. March 2001. http://www.responsiblegambling.org .
Scandal/Controversy in Sports
The following will take a look to see if scandal and controversy benefit sports.
Background of Sports Industry and Scandals
Sports in the U.S. is a multi-billion-dollar industry. Companies try to engage with clients by aligning the services and products they offer with this well-known industry via sports funding and endorsement. The benefit of this involvement has been well-recorded in the sports marketing literature (Hughes and Shank, 2005). The effect on business brands in case a scandal surfaces regarding an athletic supporter like a player, coach, or a team however, is less well-known. Several sports scandals, for instance, the rape case surrounding Kobe Bryant and the University of Colorado recruitment scandal raise very serious questions regarding the effect of sports scandals on amateur and professional athletic institutions, participants, sponsors, as well as other stakeholders.
Whereas conventional corporate sports supporters like Nike maintain omnipresence, several other different kinds…
Alessi. (2014). TheRichest - The World's Most Entertaining Site. Top 10 Sports Betting Scandals and Controversies - TheRichest. Retrieved June 21, 2016, from http://www.therichest.com/sports/top-10-sports-betting-scandals-and-controversies/
Doorty, A. (2016). Odyssey. Is Scandal Good for Baseball? Retrieved June 21, 2016, from http://www.theodysseyonline.com/are-scandals-good-for-baseball
Fisher, R., & Wakefield, K. (1998). Factors leading to group identification: A field study of winners and losers. Psychology & Marketing, 15(1). Retrieved, from http://onlinelibrary.wiley.com/doi/10.1002/(SICI)1520-6793(199801)15:1%3C23::AID-MAR3%3E3.0.CO;2-P/abstract
Garg. (2010). The Hoya. Scandals Show Need to Pay College Athletes. Retrieved June 21, 2016, from http://www.thehoya.com/scandals-show-need-to-pay-college-athletes/
ports and popular culture (NFL/NBA)
Popular culture entails all forms of mass communication such as:
Books and Cartoons and comics
It is somewhat different compared to higher forms of cultural art such as:
In terms of mass communication, popular culture means messages which are intellectually and artistically limited primarily designed to entertain and humor the viewers (Hollander, 2014). Following the industrial revolution, the people had a lot of time to spare which led to a huge demand for entertainment and amusement and gave height to media. The increasing supply of goods also made it necessary for the advertisers to attract the consumers and mass media could reach a large number of audiences at the same time (Hollander, 2014).
The physical activities have always been in the life of human beings in the form of different leisure…
Sports have played a huge role in the American society on the whole as they have become a necessary part of the popular culture. American football is quite a popular game which brings NFL (National Football League) in limelight. NFL is same to same as other sports have an off season too when they are on a season break. Leagues such as NBA (National Basketball Association), MLB (Major League Baseball) and NHL (National Hockey League) follow the same pattern which builds the hype for them (Lee, 2012). It enables the public to forget all about sports for a while until it swings back in action again. The off season usually consists of training sessions, gym, trading players, NFL Combine and NFL Draft. These activities are heavily kept watch of by loyal fans followed by intense discussions (House, 2012).
Super Bowl is intensely popular in United States. Even the non-followers are somehow influenced by it as they hear news about it or by viewing it. The news channels mention regularly and social media is definitely on fire with news and updates. A famous band plays during halftime while a draw exists for watching the advertisements during the game and halftime (Lee, 2012). Companies are compelled to dish out loads of cash to display advertise themselves as the Super Bowl progresses. These ads are usually creative and funny and sometimes mixed. People for the sake of fun choose a particular team and cheer it till the end or otherwise friends pick a team and contend that it will win the title. It's sort of a public gathering event where food is enjoyed and drinks are taken in huge quantities. Tostitos and Doritos are chips found mostly at super Bowl parties while in case of drinks Coke, Pepsi and Budweiser. For the sports fans, it's their day off as they spend the entire day in front of a TV or mocking the opponent's team for fun. TV shows often give reference to Super Bowl just as Christmas and Halloween. Betting on a high level is also involved for the winning team, people are cut some slack from office, schools and colleges as it's the biggest event of the year (Hollander, 2014).
In 'Popular culture and the rituals of American Football' by Mark Axelrod, several cultural practices in America regarding football are mentioned. Before the ports went global, there were a lot of rituals and myths
With this being understood the cockfight blend has an influence on the societies in which they are carried out (Turner, 2001).
As it relates specifically to Latin America, there are 20 countries that compose the region. In the Latin American country of Mexico cock fights are very common ("Cock fights in Mexico"). In fact cockfighting shares the same amount of popularity as charreadas and bull-riding rodeo activities ("Cock fights in Mexico"). In addition the prevalence of cockfights is as common as the late-night entertainment that occurs during village fairs ("Cock fights in Mexico"). In Mexico, cockfights tend to draw both male and female onlookers; these individuals place bets on which gamecock will win the fight ("Cock fights in Mexico").
In many regions around the world the sport of cockfighting is illegal ("Cock fights in Mexico"). However, within the country of Mexico, cockfights are legal and a central body in the…
Tuesday, August 15, 2006; Getting Physical, Talon by Talon, in the Cockpits of Nicaragua. Washington Post. Page A10
Cockfights in Mexico
Retrieved from; http://www.surf-mexico.com/culture/cockfights.html
Game theory is a critical form of decision making that is used in various subjects like economy and political science. Its relevance is becoming prominent in the success rates that have come out in gambling and sports betting. The theory is basically an amalgamation of different models of cooperation and conflict between various decision makers (Myerson, 1991) Thus, it can be safely stated that the theory itself is not just one piece of information solidly put out there yet it's a combination of different authors and experts. As mentioned earlier, the game theory has been linked to economic models, science, gambling like poker or sports betting and social situations as well. In the game theory the simplest way of putting it is analyzing the number of players and the moves that they are likely to take. Using this information, a person can guess and figure out the number of choices…
Anon. (1994) Gambling. In The Columbia Encyclopedia. (6th ed) n.a: Columbia University Press
Anon. (2004) Gambling. In The Columbia Encyclopedia. (6th ed) n.a: Columbia University Press
Anon. (2012) Gambling.In The Columbia Encyclopedia. (6th ed) n.a: Columbia University Press
Aumann, R. And S. Hart (eds) (1992) Handbook of Game Theory. Amsterdam: North-Holland.
Accounting -- Financial Statement Analysis
Comparison of gaming industry leader Ladbrokes PLC to William Hill PLC and then comparison of both those companies to the rest of the gaming industry reveals the burgeoning market of online/digital gaming. Comparison of the companies' histories, markets and ratios, shows a still-impressive industry titan Ladbrokes PLC being increasingly outgained by another market giant, William Hill PLC, and varying degrees of success among industry also-rans. It appears that the degrees of success or failure are intimately tied to the provision of online/digital gaming experiences to consumers.
Histories and Markets:
In 1886 Messrs. Schwind and Pennington formed a partnership as commission agents primarily backing horses trained by Pennington at Ladbroke Hall in Worcestershire. In 1902 they were joined by Arthur Bendir, who named the venture "Ladbrokes" and shifted the focus from backing horses to betting against them, acting as bookmaker and punter (bet placer).…
32 Red PLC, n.d.. About 32 Red. [Online]
Available at: http://www.32redplc.com/about-32red/32red-strategy.aspx [Accessed 9 April 2016].
BBC News, 2015. Ladbrokes to merge with smaller rival Coral. [Online]
Available at: http://www.bbc.com/news/business-33647635
benefit analysis of the proposed state lottery for Alabama. Assessing the costs and benefits of this lottery is challenging. The costs are ill-defined, and often lumped in with other gambling costs in general. Yet, lotteries are not the same thing as casino gambling or sports gambling. So there is a lack of hard data available. The benefits are clearer. These take into account the return on money already being spent by Alabamans out-of-state, and the multiplier effect of this new spending. For the state government, the lottery is a clear winner, but for the Alabama economy as a whole, the cost-benefit analysis looks less positive.
The state of Alabama is examining ways in which it can increase its revenues. One of the ideas that has been floated is that of a state-run lottery. In February 2016 a bill was passed that will allow the state to set-up a statewide vote…
Alabama Budget. (2016). Retrieved April 3, 2016 from http://www.budget.alabama.gov/pdf/2016/FY17GFHandout02-03-16.pdf
ALF (2016). Where the money goes. Alberta Lottery Fund. Retrieved April 3, 2016 from http://albertalotteryfund.ca/aboutthealf/wherethemoneygoes.asp
Allen, P. (1991). The allocation of lottery revenue to education in Florida, California, Michigan, and Illinois. Educational Policy. Vol. 5 (3) 296-311.
Boardman, Greenberg, Vining & Weiner. (2011). Cost-Benefit Analysis: Concepts and Practice. Pearson Education: Upper Saddle River, NJ.
National corporations own many chains, even though several others are independently owned but affiliated with a chain through a franchise agreement.
Types of Hotels
The U.S. Department of Labour (2004) denotes five basic types of hotels:
Commercial - These hotels operate year round and are primarily located in cities or suburban places. The larger properties offer an assortment of services for their guests, such as coffee shops, restaurants, cocktail lounges, gift shops, newsstands, theatre, health spas, swimming pools, etc.. Even larger hotels offer banquet rooms, ballrooms to accommodate wedding receptions; business meetings. Convention and business meetings provide major sources of revenue for larger hotels
esort - These hotels are primarily located in vacation destinations near mountains, the seashore, or other attractions. Nowadays, some resorts provide additional convention and conference facilities to stimulate their customers to combine business with pleasure. (U.S. Department of Labour, 2004)
esidential - These establishments provide a…
Anderson, K. (2003, March). Time Out: Getting the Best Deal on a Vacation Time-Share. Black Enterprise, 33, 115.
Anderson, A. (1996). Timesharing- enviable growth lures major hospitality companies into industry. Hotel online. (Online). Available from URL: http://www.hotel-online.com/Trends/Andersen/Timesharing_EnviableGrowth.html ,(accessed 30 October 2005).q www.questia.com/PM.qst?a=o&d=5012473252
Brit Couple Killed as Timeshare Turf War Erupts in Tenerife; HUSBAND AND WIFE WORKED FOR MIDLAND CONMAN. (2006, January 15). Sunday Mercury (Birmingham, England), p. 3.
Crimes of Persuasion (2000). Deceptive Timeshare, Campground and Travel Club Sales. (Online). Available from URL: http://www.crimes-of-persuasion.com/Crimes/InPerson/MajorPerson/time_shares.htm ,(accessed 3 November 2005).
If one wants to verify the dangers of gambling one only needs to look at the statistics stating Las Vegas has one of the highest crime rates in the nation. People are desperate to get their win, they have lost everything and still believe that magic hand or slot is right around the corner and resort to robbing, stealing, fraud and other means to obtain gambling funds (Nauman, 2006).
Gambling is illegal in most areas of the nation. Law enforcement is charged with arresting those that break the law. In states across the nation gambling rings have been broken up and slot machines, video poker machines and roulette tables have been seized. The place for law enforcement with regard to gambling is to crack down on it and not turn a blind eye when they are aware that is going on. The children who do not have food…
Villa, Rod L. (2000) Corruption of police blamed on gambling.(Main News)
____(2000) INTERNET GAMBLING:ROBERT J. MINNIX
Vice refers specifically to crimes of a moral nature and usually refers specifically to prostitution, gambling, and also the dealing of drugs. Vice activities are defined differently by different communities and in general do not represent the laws of the nation or even of the state. Moreover, vice crimes are to be contrasted with crimes of a violent nature. Vice crime is community-defined; local laws generally reflect the social and political beliefs of its citizens as well as their expectations of the character of the jurisdiction. The town of Spurberry has a relatively low incidence of violent crime but vice crime is relatively common. Therefore, the Spurberry Police Department has had to beef up its vice squad in response to the growing needs of the community.
Spurberry is a mid-sized suburban town in the American Midwest with a population of 20, 371. The population is largely middle-class and mostly Caucasian.…
Internet gambling is now the fastest-growing sector of the gaming industry, so much so that in the year 2000, it grew by 79%, compared to a 6.01% overall growth rate in the United States (Helping pp). Mark aters of GamblingSoftware.com, says, "Internet gambling is now bigger than gambling on Indian reservation, charitable bingo, legal bookmaking, and gambling on cruise ships" (Helping pp). The main reason for online gambling popularity is that gamblers can play any time in any location (Helping pp). Moreover, online gaming is probably the most sound business model on the Internet today, there's no inventory, no shipping, just customer relationship management, say aters (Helping pp).
Type in "online casinos" on Google, and 5,660,000 sights pop up. That's quite an array of opportunities for players, astounding actually, and players never have to leave their home or even change out of their pajamas!
On-line-Casinos-Online.net. (http://www.online-casinos-online.net/) offers a…
"Helping investors build their own online casinos for profit." Latin Trade;
http://www.google.com/search?hl=en& ; q=online+casinos& btnG=Google+Search
STORY DIAGRAM FOR "ON THE WATERFRONT"
Framing crime drama: the police know that dockworker's union boss Johnny Friendly is involved with organized crime but cannot get any useful witness to snitch on him
Terry Malloy = Protagonist
Backstory: Terry was a promising boxer who "took a fall" (deliberately lost his match) on the instructions of his older brother Charley, who works for the dockworker's union. (Given the involvement of organized crime in sports betting, we are meant to understand Terry as one of the victims of Johnny Friendly's crime activities).
Turning Point / Act One Climax: Terry is used by organized crime in order to lure out another dockworker -- Joey Doyle -- who is preparing to snitch against Johnny Friendly. Joey Doyle is murdered.
Act Two begins with Terry's blossoming relationship with the dead Joey Doyle's sister, Edie.
The relationship means that Terry is now struggling with his…
The 2012 movie, Silver Linings Playbook, provides a rather correct view of numerous mental health-related aspects and the impact it has on families and relationships. Bipolar disorder-diagnosed Patrick Solitano Jr. is enrolled in an eight-month court-commanded psychiatric hospital intervention after viciously assaulting a man his wife was cheating on him with. This mood disorder is accompanied by manic episodes (discrete minimum-seven-day-long periods of uncharacteristically and continually cantankerous, elevated, or expansive moods). Symptoms include escalated self-esteem, reduced need to sleep, impulsiveness, and quick speech, accurately portrayed by Pat in the movie. This results in vacillating extremely good and extremely bad moods together with acute impairment and distress, necessitating rigorous, steady medications (American Psychiatric Association, 2013). Also, bipolar disorder patients typically have highly intense and charismatic personalities, as seen in Pat Jr. The character is quick to form an emotional bond with Tiffany, an unusual lady who is herself burdened by mental…
American Psychiatric Association. (2013). Diagnostic and statistical manual of mental disorders (DSM-5®). American Psychiatric Pub.
Bragazzi, N., Pezzoni, F., & Del Puente, G. (2014).Investigating aggressive styles and defense mechanisms in bipolar patients and in their parents.Health Psychology Research, 2(3). http://dx.doi.org/10.4081/hpr.2014.1546
Erikson, E. (1968). Identity: Youth and crisis. New York: Norton.
Erikson, E. (1982). The life cycle completed: A review. New York: Norton
Pete Rose. Discussed are his career and the different perceptions of him. Six sources used. MLA.
Few names in baseball stir as much controversy and create as much passion as the name Pete Rose. His career is unarguably outstanding. However, the verdict still seems to be out regarding his ethics. The fact that he bet on games really isn't the issue, most people believe and accept that he did. The fact that he was banned for life from baseball, although most people feel it was far too harsh a punishment for his crime, isn't the issue. hat is the issue is his place in baseball history, namely the Baseball Hall of Fame. For the past decade, his banishment from this honorary induction has sparked debates among fans, sports writers, the baseball commission, and the general public. Always cocky and often self-promoting, Pete Rose is indeed a legend in…
Blum, Ronald. "Rose Gets Biggest Cheers Again." AP Online. October 24, 2002. http://ask.elibrary.com/getdoc.asp?pubname=AP_Online&puburl=http~C~~S~~S~www.ap.org&querydocid=:bigchalk:U.S.;Lib&dtype=5~9~5~1~0~0&dinst=0~0~0&author=RONALD+BLUM%2C+AP+Sports+Writer&title=Rose+Gets+Biggest+Cheers+Again++&date=10%2D24%2D2002&query=pete+rose&maxdoc=90&idx=2.(accessed 11-13-2002).
Deford, Frank. "Smelling like a Rose." Sport's Illustrated. August 5, 2002. http://sportsillustrated.cnn.com/si_online/scorecard/news/2002/07/30/sc / accessed 11-13-2002).
Giamatti, A. Barlett "Statement August 24, 1989." Dowd Report.Com. http://dowdreport.com .(accessed 11-13-2002).
Ivy, Darren. "Pete Rose: A self-made legend." University Wire. August 12, 1999. http://ask.elibrary.com/getdoc.asp?pubname=University_Wire&puburl=http~C~~S~~S~www.uwire.com&querydocid=:bigchalk:U.S.;Lib&dtype=0~0&dinst=0&author=Darren+Ivy&title=Pete+Rose%3A+A+self%2Dmade+legend++&date=08%2D12%2D1999&query=pete+rose&maxdoc=90&idx=56 accessed 11-13-2002).
The racehorse industry has been faced with accusations of promoting the breeding of fragile animals that are unable to withstand the rigors of training, because of a lust for promoting speedy animals at all costs. And the recent publicity of the slaughter of retired racehorses who have outlived their usefulness has further damaged the reputation of the sport. Unlike other forms of betting, horseracing must try to preserve its family-friendly image to some extent, given that many parents take their children to the track. Poor sportsmanship and a lack of sensitivity to the suffering of animals will turn the next generation of fans away.
Churchill Downs must honor the legacy of its treasured past, and promote prominent ethical spokespersons for the sport, like the multiple Kentucky Derby winner jockey Calvin Borel. More stringent standards must be imposed industry-wide regarding the treatment of both horses and jockeys, but until then,…
A brief history of the Kentucky Derby. (2010). Time Magazine. Retrieved October 30, 2010 at http://www.time.com/time/photogallery/0,29307,1894988_1876977,00.html#ixzz13rcUDwJF
Grassi, Diane M. (2010, June 27).Horse racing industry saddled with financial meltdown.
Sports Column. Retrieved October 30, 2010 at http://www.sportscolumn.com/2010/06/27/horse-racing-industry-saddled-with-financial-meltdown/
History of Churchill Downs. (2010). Churchill Downs. Retrieved October 30, 2010 at http://www.churchilldowns.com/about/history
Because of the rapid depreciation rate it is virtually impossible for a middle-class individual to afford a race horse. Because the recent decades have not brought forward a certain winner, people have started to feel that the sport will never regain its glory. The individuals who were mainly interested in the gambling feature have come across more moderns methods of gambling and have lost interest in what seems to be a dying sport (Hereth & Talbott, 1993).
Horse racing truly is a glorious sport, but because of the lack of support it got in the last few decades it is unlikely to ever recover from the sphere of anonymity it entered. hile animal care was not a matter of extreme importance in the first half of the twentieth century, it does not seem illogical that race horses from the period broke record after record, as most were probably forced to…
1. Cohen, K. "Well Calculated for the Farmer: Thoroughbreds in the Early National Chesapeake, 1790-1850," The Virginia Magazine of History and Biography 115.3 (2007)
2. Gramm, M.C. Mckinney, N. Owens, DH R. Matt E. "What Do Bettors Want? Determinants of Pari-Mutuel Betting Preference," The American Journal of Economics and Sociology 66.3 (2007)
3. Hereth, R.H. Talbott, J.C. "Economic and Tax Implications of Thoroughbred Racing," Journal of Accountancy 176.5 (1993)
4. Robert, R. "Evan Shipman: Friend and Foil," The Hemingway Review 23.1 (2003)
Rituals and Magic of 'Deep Play' of Past and Present Eras
It is common in our present location and age, perhaps except for those minority religious subcultures or communities who identify themselves as part of iccan or Goddess worship organizations, to view ritual magic as a legitimate practice only of the far past. Though millions read their horoscopes daily, and wear lucky talismans, there is a common intellectual currency amongst both scholars and the public at large to see rather than a system of belief structure that still has echoes in our present modalities of belief and being.
This is one reason why the anthropological works of Catherine Allen regarding the Runa, upon its publication in the 1980's, initially struck its readers with such force. The Runa are a small group of townspeople who adhere to customs of ancient Incan and colonial Spanish civilization. The book's most recent…
Allen, Catherine. The Hold Life Has: Coca and Cultural Identity in an Andean Community (Smithsonian Series in Ethnographic Inquiry, No 12. Washington: Smithsonian Institution Press: 1988. New Afterward 2002.
Gmelch, George. "Baseball Magic." Retrieved on March 24, 2004 on http://students.faulkner.edu/depts/sbs/readings/an1301/baseball.htm
Geertz, Clifford. "Deep Play: Note on the Balinese Cockfight." Accessed on March 24, 2004 on http://webhome.idirect.com/~boweevil/BaliCockGeertz.html
Gambino Drug Family." Their entire drig business was based in New York City. This paper will mirror the Gambino's nationwide and international structure and operating techniques relating to the drug business. Likewise a contrast of the Gambino's from their past to present function in prohibition, drug nexus, political corruption, and various other criminal activities will be analyzed. Gradually, the Gambino household had different business interests that made them much more noteworthy in the Italian Mafia. The paper will also assess various law enforcement tools, which can be used to against this drug family.
National and international structure and operating approaches related to the drug business
The Gambino's drug business structure and operating approaches come from really sturdy links with the Sicilian Drug trade (Critchley, 2008). Till 1914, there were no genuine laws or borders against the drug market in the U.S. (Critchley, 2008). The Boylan anti-drug Law, enacted by the…
Bruno, A. (n.d). The Gambino Family. Retrieved May 18, 2013 from http://www.trutv.com/library/crime/gangsters_outlaws/family_epics/gambino/1.html
Buscaglia, E. (2003). Controlling Organized Crime and Corruption in the Public Sector. Retrieved May 18, 2013, from http://www.unodc.org/pdf/crime/forum/forum3_Art1.pdf
Critchley, D. (2008). The Origin of Organized Crime in America: the New York City Mafia, 1891-1931. London: Rutledge.
Find Law. (2011). Racketeering/RICO. Retrieved May 18, 2013, from http://criminal.findlaw.com/crimes/a-z/racketeering_rico.html
When it comes to the lessons and values of a good leader, there are some subjects and examples that come along more than others. For example, the type of leadership that works best is the subject of many debates. Also common are the actual people that supposedly serve as the best examples of good leadership. However, there are some lessons and examples that are less obvious or prevalent. However, to say that these less obvious examples are any less profound or effective would be a mistake. One of those examples would be failure. Failure is something that is often described negatively when it comes to leadership lessons. However, the subject of failure has a specific and prominent place in leadership tutelage. While failure is often labeled negatively when speaking of leadership, the subject can be the cornerstone of many teachable moments and good leadership teaching.
Failure was certainly something…
Gatsby will always be interpreted as an interloper, even though some people, like Nick, have enough ability to step outside of the culture, and express admiration for Gatsby's futile project of self-improvement, and Gatsby's desire to win Daisy by making money. The Balinese experience binds the participants "into a set of rules which at once contains them and allows them play" (Geertz 450). Some creativity and transgression is allowed within some limits, just as Carraway's socially and financial secure position allows him to show more affection towards Gatsby in his narrative. Gatsby's wealth and alcohol buy him some entry into the community that he would have lacked as a poor man. But despite this creativity of reinterpretation of social conventions, of both what Gatsby himself signifies and of Gatsby's own manipulation of cultural symbols, there are limits to how much a person can break the rules of the masculine 'play'…
Fitzgerald, F. Scott. The Great Gatsby. The University of Adelaide Library. 2005.
25 Feb 2008. http://etext.library.adelaide.edu.au/f/fitzgerald/f_scott/gatsby/
Geertz, Clifford. "Deep Play: Notes on the Balinese Cockfight." Interpretive Social
Science. Editors Paul Rabinow & William Sullivan. Berkeley: University of California Press, 1979.
Deliberate and Emergent Strategies
Companies have a number of different options as they chart their course, seeking to maximize their advantages and limit their liabilities. Two of the major strategies that companies can follow are deliberate strategies, which consist of a systematic course of action that is pursued to allow a company to reach a desired object of goal. Another basic strategy approach is that of the emergent strategy, which involves a company's responding to the particular conditions and dynamics of a particular situation. This paper describes three companies (in three different sectors) that are pursuing a deliberate strategy and three that are pursuing an emergent strategy.
Deliberate Strategy deliberate strategy may be seen as one that is initiated from within a company and that accords with the company's intrinsic goals. Of course, it is unlikely to be the case that any company can ever pursue what might…
Griffin, Ricky. Management (7th ed.). New York: Houghton Mifflin, 2001. http://portal.cetim.org/file/1/67/Katzy-1998-Design-and-Implementation-of-Virtual-Organizations.pdf . http://www.celestialseasonings.com/whoweare/csdifference.php
All these were achieved with immense marketing budgets.
In the current situation when the United States and the world are threatened by an economic crisis, the giant shoemaker continues to sustain an increased marketing budget. A specification that must be made however is that changes in the structure of the budget have occurred. In this order of ideas, the marketing specialists at Nike are more centred on interactive and innovative marketing, rather than traditional marketing operations. In a time of financial difficulties then, the number one shoemaker of the globe is trying to approach the audience using less conventional means. Nike officials argued that they were not in the business of keeping the media companies alive, but that their primary interest was that of best communicating with the audience. In this order of ideas then, the multinational organization drastically reduced marketing budgets for television advertisements and other traditional means and…
Chandler, T., Nike Gets Engaged, Shrinks Traditional Ad Spending. Here's How Copywriters Can Benefit, the Copywriter Underground, 2007, http://copywriterunderground.com/2007/10/22/nike-gets-engaged-shrinks-traditional-ad-spending-heres-how-copywriters-can-benefit/last accessed on October 16, 2008
Lovell, C., Marketing Budgets Cut at Record Rate as Economic Crisis Deepends, Brand Republic, 2008, http://www.brandrepublic.com/Campaign/News/852748/Marketing-budgets-cut-record-rate-economic-crisis-deepens/last accessed on October 16, 2008
McNamara, C., All About Marketing, Free Management Library, 2008, http://www.managementhelp.org/mrktng/mrktng.html . Ast accessed on October 16, 2008
Ford's Product Facing a Deepening Financial Crisis, Daily Times, 2006, http://www.dailytimes.com.pk/default.asp?page=2006 57story_7-5-2006_pg5_30last accessed on October 16, 2008
Aside from the obvious impact upon the Ford employees who found themselves out of jobs, a general effect was the increased unemployment rate. And this was not only because of the positions lost within Ford, but also because of the jobs indirectly lost due to the crisis at the American manufacturer. In a more simplistic formulation, the automobile maker had ongoing contracts with various suppliers and other intermediaries, purchasing various technologies and vehicle components. Once the demand for Ford automobiles had decreased and their supremacy was lost to the Japanese producers, they no longer required the services of all of their purveyors. Then, as the demand and production became reduced, there was also limited need for dealers store to sell the cars. Ergo, additional jobs were lost and the lives of more and more individuals were impacted.
The negative outcome could have been avoided had the company been more receptive…
Burgos, a., July 12, 2005, Ford Layoffs Could Hit 30,000, Business News Bulletin
Burgos, a., September 15, 2006, New Layoffs at Ford, Business News Bulletin
Ramstack, T., May 23, 2001, Ford Plans Total Recall of Wilderness at Tires, the Washington Times
Randall, K., August 2001, Ford to Cut Up to 5,000 white-collar Jobs in North America, World Socialist Website, http://www.wsws.org/articles/2001/aug2001/jobs-a18.shtmllast accessed on June 23, 2008
com TV, a station accessible by Internet that would present clients with viable information on the company and their products. More importantly, the television station would offer advice and demonstrations on how to install the items purchased on your own, without the assistance of home improvement specialists.
The desired consequence of all these opportunities, as well as other strategies, is to increase the market share and revenues. However, all options include a certain level of risk that could generate unfortunate results. That is why, prior to making a decision, management, marketing and financial departments need to analyze the opportunity from several view points.
3. Long-term objectives on profitability, competitive activities, technological and market leadership, as well as the social and environmental responsibilities of the company
Aside from the general long-term objective of increasing their market share and revenues, the managers at Home Depot desire to become among the strongest international…
Wikipedia, the Free Online Encyclopedia, March 21, 2007, the Home Depot, http://en.wikipedia.org/wiki/Home_depot,last accessed on March 23, 2007
Website of Home Depot, 2007, Corporate Governance Overview, http://ir.homedepot.com/governance/guidelines.cfm#mission , last accessed on March 23, 2007
Corporate Home Depot, 2007, 2007 Supplier Diversity Events, http://corporate.homedepot.com/wps/portal/!ut/p/.cmd/cs/.ce/7_0_A/.s/7_0_10P/_s.7_0_A/7_0_10P,last accessed on March 23, 2007
Dane Carlson, September 6, 2006, Home Depot to Add Live Television to Web Site, Business Opportunities Weblog, http://www.business-opportunities.biz/2006/09/06/home-depot-to-add-live-television-to-web-site/,last accessed on March 23, 2007 Brian Grow, October 25, 2004, Home Depot: Thinking Outside the Big Box, Business Week Online, http://www.businessweek.com/magazine/content/04_43/b3905090_mz017.htm , last accessed on March 23, 2007
462). It is small wonder that some insurance companies understand the risks of insuring lives and the accompanying cash surrender values of a life insurance policy.
In a prime example of how some insurance companies were caught up in the evaluation game is the case of AIG, the company that forgot that the value of its stock, or the value of the company was based primarily on a fair value, that might not have been fair at all. The harbinger of disaster was when the financial marketplace placed a fair value on AIG that was far below what the company believed it should be. This scarcity could be one of the primary reasons why the financial industries around the world are in the torrents they are currently swimming.
Some of the literature available touched on the primary causes of the current financial crisis before it took place. One recent study…
Bacinello, a.R.; (2003) Fair valuation of a guaranteed life insurance participating contract embedding a surrender option, the Journal of Risk and Insurance, Vol. 70, No. 3, pp. 461-487
Cho, H.; Shilling, J.D.; (2007) Valuing retail shopping center lease contracts, Real Estate Economics, Vol. 35, No. 4, pp. 623-649
Gang-Zhi, F.; Tien, F.S.; Seow, E.O.; Simans, C.F.; (2004) Governance and optimal financing for asset-backed securitization, Journal of Property Investment and Finance, Vol. 22, Issue 4/5, pg. 414
Gilbert, R.J.; Klemperer, P.; (2000) an equilibrium theory of rationing, the Rand Journal of Economics, Vol. 31, No. 1, pp. 1-21
Future of Internet Gaming
The Internet has come along way from the days of UNIX commands, and inter-office emails. Beyond suffering through endless SPAM mail, the Internet has become a staple in households across the world where one can shop from the comfort of their own home, and enlighten themselves on world events and cultures.
In the new millennium though, with the evolution of technology occurring almost everyday, it is online gaming that is growing at an alarming speed (Bahlmann, 2002) and isn't showing any signs of slowing.
According to CNet (Becker, 2002a) the current $210 million gaming industry will reach $1.8 billion by 2005. Interestingly enough, there isn't one single dominant company in online gaming, and this is assuring to a public that already finds themselves limited in their Operating Software options. It's no secret that electronic games are a big business. Last year $6.35 billion worth of video-…
Bahlmann, B. (2002) Internet Gaming: Understanding the Attraction
Becker, D. (2002) Resetting Online Gaming's Future? [Online]
Environmental Hazards as a Consequence of Crude Oil/Natural Gas Exploration, Transportation, Refining and Storage
Ever since crude oil was first successfully drilled in the U.S. In Titusville, Pennsylvania, in 1859, the demand for oil has only been increasing over the years in countries all over the world. (Camden, 1883) Crude oil, from which various petroleum products are obtained, is a naturally occurring hydrocarbon component found trapped in rocks below the earth. The word "petroleum" means "rock oil" or "oil from the earth." Natural gas is another form of hydrocarbon that is also found in nature. oth crude oil and natural gas have excellent combustibility and are good sources of energy. Crude oil is not used in the extracted form; but it is refined to obtained products such as gasoline, liquefied petroleum gas (LPG), naphtha, kerosene, gas-oil and fuel oil. Secondary products during the purification of crude oil are obtained are…
Associated-Press, and Reuters. World's Biggest Oil Rig Sinks. 2001. CNN. Available:
http://www.cnn.com/2001/WORLD/americas/03/20/brazil.rig.02/.August 2, 2004.
AWMA. Oil Spills - a Fact Sheet. 2000. Air & Waste Management Association. Available:
http://www.awma.org/education/oilspills.htm . August 1, 2004.
The author of this report will offer a summary of two important laws and regulations when it comes to employment in the United Kingdom. Those two pieces of law will be the Employment Rights Act of 1996, commonly known as ERA 1996, and the Equality Act of 2010, commonly known as the EA 2010. For both laws, the particulars, specifics and common requirements for all parties involved, both employee and employer, will be covered. While the two laws covered in this report were pass nearly a generation apart, both of them hold a very important place in the employment law paradigm in the United Kingdom.
Employment Rights Act of 1996
Scope & Summary
There are several important requirements and regulations when it comes to the Employment Rights Act of 1996. When an employee starts work with an employer, they are obligated to get a summary of terms and requirements. As…
Note the distinct similarities.
An examination of Escher's Circle Limit III can thus tell us much about distance in hyperbolic geometry. In both Escher's woodcut and the Poincare disk, the images showcased appear smaller as one's eye moves toward the edge of the circle. However, this is an illusion created by our traditional, Euclidean perceptions. Because of the way that distance is measured in a hyperbolic space, all of the objects shown in the circle are actually the same size. As we follow the backbones of the fish in Escher's representation, we can see, then, that the lines separating one fish from the next are actually all the same distance even though they appear to grow shorter. This is because, as already noted, the hyperbolic space stretches to infinity at its edges. There is no end. Therefore, the perception that the lines are getting smaller toward the edges is, in…
Corbitt, Mary Kay. "Geometry." World Book Multimedia Encyclopedia. World Book, Inc., 2003.
Dunham, Douglas. "A Tale Both Shocking and Hyperbolic." Math Horizons Apr. 2003: 22-26.
Ernst, Bruno. The Magic Mirror of M.C. Escher. NY: Barnes and Noble Books, 1994.
Granger, Tim. "Math Is Art." Teaching Children Mathematics 7.1 (Sept. 2000): 10.
Their anticipated and desired results for their education, personal or practical, may vary widely in unpredictable ways. The attitudes towards educational processes may differ due to the greater and more diverse social and life experiences that color perceptions of classroom life, even more so than the raw educational materials used in the classroom. The teacher must balance addressing individual needs through conferences, personal contacts, and allowing for more independent research, yet also strive even harder to create a coherent class dynamic and unity between individuals with different schedules and belief structures. This may require greater management on a technical level as well as greater personal finesse than might be expected by an educator with experience only teaching undergraduates.
Eskensberger (2001) on the subject of "Action Theory" provides some interesting supporting evidence to address the difficulties posed by a mixed classroom of old and young learners, or adult learners of diverse…
employee rewards has been increasingly brought to the forefront. This is because globalization is creating a shift in how firms are operating by requiring the utilization of specialized skills. These individuals are necessary for a firm to be able to adjust with changes inside the marketplace and new competitors. As a result, a number of organizations have begun focusing on transforming compensation strategies to address these needs. To fully understand how this is occurring requires focusing on: the way this can improve competitive compensation plans, how they are tied to specific jobs, the effectiveness of an equity-based rewards system, the key factors for integrating this model with traditional rewards programs and providing recommendations that will streamline these initiatives. Together, these elements will provide specific insights as to how a firm can improve their competitive compensation strategy. (Wilson, 2003, pp. 1 -- 15)
Innovations of Employee Benefits
Innovations in the type…
Bauer, T. (2005). Enhancing Career Benefits. Personal Psychology, 58 (4), 859 -- 891.
Griffin, R. (2012). Management. Mason, OH: Cengage.
Kamery, R. (2005). Job Content Salary Surveys. Proceedings of the Academy of Legal, Ethical and Regulatory Issues, 9 (1), 49-76
Shin, J. (2005). Corporate Governance Reform. Journal of Business Ethics, 62 (2), 101 -- 113.
New Work eward Systems
New, Improved, Innovative: Employee Work ewards
In the book First, Break All the ules: What the World's Greatest Managers Do Differently, authors Marcus Buckingham and Curt Coffman assert that employee satisfaction is not tied to compensation as tightly as the business world has imagined. Hard though it may be to belief, several key elements reportedly have stronger influence on employee morale and engagement with their work than wages, salaries, or bonuses. During their association with the Gallup Organization, Buckingham and Coffman, concluded that the answers to the following questions will help a manager identify the key influencers of employee motivation, morale, loyalty to the company -- and ultimately, staying power in a job or position:
Do I know what is expected of me at work?
Do I have the materials and equipment I need to do my work right?
At work, do I have the opportunity…
Buckingham, M. And Coffman, C. (1999). First, Break All the Rules: What the World's Greatest Managers Do Differently. New York, NY: Simon & Schuster.
Burken, S. (2013). The year without pants: WordPress.com and the future of work. Hoboken, NJ: Jossey-Bass, an imprint of John Wiley & Sons, Inc.
Katz, J. (2000). Geeks: How two lost boys rode the Internet out of Idaho. New York, NY: Villard Publishing.
Robbins, S. (2004). Is equity-based compensation a good thing? In "Working Knowledge for Business Leaders." Cambridge, MA: Harvard Business Review.
Business - Advertising
ith respect to the second criteria, it has also been found that betting exchanges deliver more accurate odds than bookmakers. This is to be expected, since betting exchanges are…Read Full Paper ❯
sports betting. Discussed are the problems with the betting, players getting gifts from betting agents, and effect of sports betting on the economy. Seven sources are used. Sports and…Read Full Paper ❯
Track Betting in Sports - the Pros and the Cons There is no doubt that first of all, thoroughbred wagering is a huge sport in the U.S. And elsewhere;…Read Full Paper ❯
Scandal/Controversy in Sports The following will take a look to see if scandal and controversy benefit sports. Background of Sports Industry and Scandals Sports in the U.S. is a…Read Full Paper ❯
ports and popular culture (NFL/NBA) Prelude Pop Culture Popular culture entails all forms of mass communication such as: Newspapers Radio Magazines Music Books and Cartoons and comics Advertising It…Read Full Paper ❯
Literature - Latin-American
With this being understood the cockfight blend has an influence on the societies in which they are carried out (Turner, 2001). As it relates specifically to Latin America, there…Read Full Paper ❯
Game theory is a critical form of decision making that is used in various subjects like economy and political science. Its relevance is becoming prominent in the success rates…Read Full Paper ❯
Sports - College
Accounting -- Financial Statement Analysis Comparison of gaming industry leader Ladbrokes PLC to William Hill PLC and then comparison of both those companies to the rest of the gaming…Read Full Paper ❯
benefit analysis of the proposed state lottery for Alabama. Assessing the costs and benefits of this lottery is challenging. The costs are ill-defined, and often lumped in with other…Read Full Paper ❯
National corporations own many chains, even though several others are independently owned but affiliated with a chain through a franchise agreement. Types of Hotels The U.S. Department of Labour…Read Full Paper ❯
" (Illinois) If one wants to verify the dangers of gambling one only needs to look at the statistics stating Las Vegas has one of the highest crime rates…Read Full Paper ❯
Vice refers specifically to crimes of a moral nature and usually refers specifically to prostitution, gambling, and also the dealing of drugs. Vice activities are defined differently by different…Read Full Paper ❯
Online Casinos Internet gambling is now the fastest-growing sector of the gaming industry, so much so that in the year 2000, it grew by 79%, compared to a 6.01%…Read Full Paper ❯
Waterfront STORY DIAGRAM FOR "ON THE WATERFRONT" Framing crime drama: the police know that dockworker's union boss Johnny Friendly is involved with organized crime but cannot get any useful…Read Full Paper ❯
The 2012 movie, Silver Linings Playbook, provides a rather correct view of numerous mental health-related aspects and the impact it has on families and relationships. Bipolar disorder-diagnosed Patrick Solitano…Read Full Paper ❯
Pete Rose. Discussed are his career and the different perceptions of him. Six sources used. MLA. Pete Rose Few names in baseball stir as much controversy and create as…Read Full Paper ❯
The racehorse industry has been faced with accusations of promoting the breeding of fragile animals that are unable to withstand the rigors of training, because of a lust for…Read Full Paper ❯
Because of the rapid depreciation rate it is virtually impossible for a middle-class individual to afford a race horse. Because the recent decades have not brought forward a certain…Read Full Paper ❯
Ritual Magic Rituals and Magic of 'Deep Play' of Past and Present Eras It is common in our present location and age, perhaps except for those minority religious subcultures…Read Full Paper ❯
Sports - Drugs
Gambino Drug Family." Their entire drig business was based in New York City. This paper will mirror the Gambino's nationwide and international structure and operating techniques relating to the…Read Full Paper ❯
When it comes to the lessons and values of a good leader, there are some subjects and examples that come along more than others. For example, the type of…Read Full Paper ❯
Gatsby will always be interpreted as an interloper, even though some people, like Nick, have enough ability to step outside of the culture, and express admiration for Gatsby's futile…Read Full Paper ❯
Organizational Strategies Deliberate and Emergent Strategies Companies have a number of different options as they chart their course, seeking to maximize their advantages and limit their liabilities. Two of…Read Full Paper ❯
Business - Advertising
All these were achieved with immense marketing budgets. In the current situation when the United States and the world are threatened by an economic crisis, the giant shoemaker continues…Read Full Paper ❯
Aside from the obvious impact upon the Ford employees who found themselves out of jobs, a general effect was the increased unemployment rate. And this was not only because…Read Full Paper ❯
com TV, a station accessible by Internet that would present clients with viable information on the company and their products. More importantly, the television station would offer advice and…Read Full Paper ❯
462). It is small wonder that some insurance companies understand the risks of insuring lives and the accompanying cash surrender values of a life insurance policy. In a prime…Read Full Paper ❯
Future of Internet Gaming The Internet has come along way from the days of UNIX commands, and inter-office emails. Beyond suffering through endless SPAM mail, the Internet has become…Read Full Paper ❯
Environmental Hazards as a Consequence of Crude Oil/Natural Gas Exploration, Transportation, Refining and Storage Ever since crude oil was first successfully drilled in the U.S. In Titusville, Pennsylvania, in…Read Full Paper ❯
The author of this report will offer a summary of two important laws and regulations when it comes to employment in the United Kingdom. Those two pieces of law…Read Full Paper ❯
Education - Mathematics
Note the distinct similarities. An examination of Escher's Circle Limit III can thus tell us much about distance in hyperbolic geometry. In both Escher's woodcut and the Poincare disk,…Read Full Paper ❯
Their anticipated and desired results for their education, personal or practical, may vary widely in unpredictable ways. The attitudes towards educational processes may differ due to the greater and…Read Full Paper ❯
employee rewards has been increasingly brought to the forefront. This is because globalization is creating a shift in how firms are operating by requiring the utilization of specialized skills.…Read Full Paper ❯
New Work eward Systems New, Improved, Innovative: Employee Work ewards In the book First, Break All the ules: What the World's Greatest Managers Do Differently, authors Marcus Buckingham and…Read Full Paper ❯