Too Many Xmas Presents Can Lead to Gambling Problems, Claims Study

Too Man<span id="more-4943"></span>y Xmas Presents Can Lead to Gambling Problems, Claims Study

Warning: Christmas gift suggestions, like these ones, should be avoided in excess: they are able to turn your young ones into horrific adults. (Image: telegraph.co.uk)

Excessive Christmas gifts can turn children into dysfunctional grownups who are prone to gambling and relationship dilemmas, claims a tough-love that is new study through the University of Missouri and also the University of Illinois.

The research, which thankfully came 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 possibly not be completely earth-shattering to our readers, this the first time that a scientific research has suggested a web link between overindulged children and gambling problems.

But according to Professor Marsha Richins during the University of Missouri, who led the study, showering kids with high-end presents included in 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 purchase of more will make them feel happy, attractive, or fulfilled.

Grownups whom define on their own or others by their possessions are at a much higher threat of gambling problems, marital breakup, debt and generally speaking decreased well-being.

Materialistic Adults

The study 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 many material benefits from their parents will continue rewarding themselves likely with material goods when they are grown, well into adulthood, and also this could possibly be problematic,’ explained Richens. ‘Our research features the worth of examining childhood circumstances and parenting practices to comprehend customer habits of adults.

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

Xmas is Canceled

Doting mothers and fathers should take notice that, based on the research, the next three parental strategies are most likely 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 gift ideas in an effort to show affection; punishing children by firmly taking away their possessions, such as for instance a favorite toy or video game.

As Lan Chaplin, associate professor of marketing at the University of Illinois, who additionally contributed to the research, explained: ‘It’s OK to are interested things for your kids, but make sure to encourage them to be grateful for all your people and things they have inside their everyday lives,’ Chaplin said. ‘Each time children express their appreciation, they be much more aware of exactly how fortunate they have been, which paves the way in order for them to be more substantial and less materialistic.’

OK, well, we’re going to skip your whole Christmas present thing completely this present year, merely to be on the safe part. Whenever we have one flaw it’s that we are too caring.

Trump Taj Mahal Will Remain 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 scheduled closing dates come and go, however the lights are still on at the embattled Atlantic City casino.

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

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

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

Loan Are Considered at Hearing january

Trump Entertainment attorney Erez Gilad told US Bankruptcy Judge Kevin Gross that the loan, which was arranged the other day, had enabled the company to request 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 consitently the casino open forever: Judge Gross even remarked that it probably wouldn’t be enough to keep the casino running for a year that is full.

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

The interplay that is complex all of these parties has made the bankruptcy proceedings difficult to navigate, even because it appears at times as if progress will be made.

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

On top of that, the union representing the Taj Mahal’s workers had been in negotiations with Trump Entertainment over the future of these benefit plans.

The employees had appealed a bankruptcy court decision that will have allowed the organization to split their contract aided by the union, while Trump Entertainment stated they were willing to agree to replace some benefits if the union would drop their appeal.

Near Agreement Apparently Blocked by Icahn

In the a week ago, it appeared as though the union and Trump Entertainment had visited 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 ahead, 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 tax aid bills, citing the possible lack of contract between the ongoing parties in the Taj Mahal dispute.

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

Meanwhile, Icahn characterized their $20 million loan being a faith that is good towards a later agreement, even if one wasn’t reached appropriate 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 cannot be therefore callous as to let casino ladbrokes download setup 3,000 hardworking people lose 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 so many other ailing businesses, remains a possibility.’

Southern Tier Officials Call on Nyc To Award 4th Casino License

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 New York casino certification battles remains hot even after last week’s statement by the Gaming Facility Location Board that only three upstate casinos would be recommended.

Officials in ny’s Southern Tier are requesting that the state reconsider enabling a casino in the area, while an indigenous American tribe’s announcement of a brand new facility threatens to help complicate the local market.

The Southern Tier, part of New York declare that borders northern Pennsylvania, was combined with the Finger Lakes in to a licensing that is single for the purposes of the latest York’s casino expansion.

Local officials had hoped that certain of two proposals in the tier that is southern be plumped for, however the recommendation for a guaranteed license for the location instead went to Lago Resort & Casino in Tyre, a Finger Lakes location.

State Only Recommended Three of Four Possible Casinos

The state board also suggested one casino in the Catskills, and another in Schenectady, near Albany. They did maybe not, however, advise that a 4th license be awarded, regardless of the undeniable fact that the state’s laws allowed for one area to be given a casino that is second.

While most observers expected a fourth casino would went towards the Hudson Valley-Catskills area, that was seen once the most lucrative, Southern Tier officials are now lobbying them a casino instead for it to be used to give.

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

Lawmakers Attract Governor

Other officials have also expected Governor Andrew Cuomo to find a casino that is fourth Tioga County, including United States Representative Tom Reed (R-New York) and Assemblywoman Donna Lupardo (D-Endwell). Nevertheless the continuing state board said which they had been 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 Location Board Chairman Kevin Law. ‘There shouldn’t 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.

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

Governor Cuomo has pledged to provide the Southern Tier the sort of unique economic attention in their second term which he gave Buffalo in his first term as governor.

Locals feel as if the location was largely shunned in the previous week, both due to the casino decision and a fracking ban established last Wednesday.

Oneida Nation Announces New Casino Project

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

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