The paper 'Law Enforcement and Gaming Business in Australia' is a wonderful example of a Business Case Study. In the last two decades, western countries have witnessed a huge expansion in commercial gambling. A steady liberalization of once tight controls in the industry has led to increased availability, participation and expenditure, and ultimately improved growth in this industry as a whole. The business growth has been particularly strong in command where electronic gaming machines and modernized urban casinos have been introduced. According to Carlisle, 2009, pg 23) Canada, Australia, South Africa, New Zealand and the United States are part of the countries widely reported to have embraced the practice.
Many people in this nation view gambling as a form of entertainment. For example, the Australian Acts covering game packages on casinos, social and permitted gaming, consists of particular reflective attributes in support of the gaming activity. The gambling practices in Australia’ s society are unanimously appreciated as it is referred to as a ‘ nation of gamblers’ . The game is widely promoted by media among other popular literature. Unlike many western nations' governments, the Australian government has actively promoted a diverse when it concerns legal gambling.
Gambling has a crucial distinct place in Australian culture. This is part of their culture that has been existent since the first colonial settlers. Gambling is widely spread in Australia, and the Australian citizens are proud of this reputation. On average, an estimated 90% of Australian’ s gamble whatever it takes from a sweep on the Melbourne cup to cockfighting or even frog jumbling among the remote parts of the nation (Law Book Company, 2001, p. 18). Policy Contradiction Part of gambling is punishable basically in maintaining and upholding public morality, while gambling of other people is legalized purposefully aimed to collect revenue.
This contradiction is sharpened by a varied form of monopoly, this initiative set by the government as it would rarely allow gambling businesses to operate in a competitive market (Carlisle, 2009, pg. 53). Restricted gambling serves objectively in limiting the extent of gambling behavior thereby controlling the social costs associated with this form of business, considering that monopolists intension is developed to restrict supply in the defined market while initiating huge profits for the service provider.
Again while the monopoly activities are considered socially inefficient, it develops desired results to the lawmakers. The fraud and excessive gambling regulatory are put in place to ensure fair deal as it helps consumers in protecting as well as monitoring public morality. This serves as an important motivator in reducing completion in gambling practices. For in the United States monopoly public provision in concern to the lottery gambling is established to basically control fraud and corruption measures. On the contrary, regulating the fairness of the games, while imposing measures to ensure the probity of business serves the interests of consumers, business holders, and treasuries, this gives a difficult task in establishing in whose interest the government is acting while regulating gambling.
For instance, the regulatory policy of casino ownership and management is interested in protecting industries rather than consumers (Carlisle, 2009, pg. 28). This reduces the risk involved in gambling through customer protection directive which was expected to expand the consumer marketplace in the gambling business.
Carlisle, R. P. ( 2009). Encyclopedia of Play in Today's Society, Volume 1. London: SAGE Publishers.
Law Book Company. (2001). Australian legal monthly digest. New York: The Law Book Co.