Too Man<span id="more-15407"></span>y Christmas Presents Can Cause Gambling Problems, Claims Study

Warning: Christmas gift suggestions, like these people, should be avoided in excess: they might turn your young ones into horrific adults. (Image:

Excessive xmas gifts can turn children into dysfunctional adults who are more prone to gambling and relationship problems, claims a tough-love that is new study from the University of Missouri plus 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 a fortune that is absolute!

As the news that spoilt kids make lousy adults might not be completely earth-shattering to our readers, this the very first time that a scientific study has suggested a hyperlink between overindulged children and gambling problems.

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

Such adults are most likely 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 whom define themselves or others by their possessions are at a greater threat of gambling problems, marital breakup, debt and generally decreased well-being.

Materialistic Adults

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

‘Our research shows that kiddies who receive numerous material rewards from their parents will probably continue rewarding themselves with product goods when they are grown, well into adulthood, and this might be problematic,’ explained Richens. ‘Our research features the value of examining childhood circumstances and parenting practices to comprehend consumer habits of adults.

‘Loving parents tend to give kids with product rewards,’ Richins said. ‘One explanation for the link between material rewards and later materialism is that young ones who receive these benefits are more likely than the others to use possessions to define and enhance by themselves, a essential part of materialism.’

Xmas is Canceled

Doting mothers and fathers should take note that, according to the research, the following three parental techniques are most 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 gift ideas in order to show love; punishing children by taking away their possessions, including a toy that is favorite video game.

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

OK, well, we’re going to skip the whole Christmas present thing completely this year, just to be on the safe side. Whenever we get one flaw it’s that we have been too caring.

Trump Taj Mahal Will Always Be Open Into 2015

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

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

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

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

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

Loan Is Going To Be Considered at Hearing january

Trump Entertainment attorney Erez Gilad told US Bankruptcy Judge Kevin Gross that the mortgage, which was agreed upon a week ago, had enabled the organization to demand that the closing date for the casino be pushed straight back indefinitely.

While that request will not be considered until a court hearing in January, the Taj Mahal is assured to keep open until at minimum that court date.

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 carefully the casino running for the full year.

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

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

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

The union representing the Taj Mahal’s workers had been in negotiations with Trump Entertainment over the future of their benefit plans at the same time.

The workers had appealed a bankruptcy court decision that would have allowed the business to split the union to their contract, ladbrokes 10 50 casino while Trump Entertainment said they were prepared to agree to replace some benefits if the union would drop their appeal.

Near Agreement Apparently Blocked by Icahn

In the last week, it showed up as if the union and Trump Entertainment had visited a contract that both sides could accept. But union officials said late last week that Icahn scuttled the deal.

‘We and everybody thought that is else could start moving Atlantic City forward, however 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 taxation aid bills, citing the possible lack of contract between the parties in the Taj Mahal dispute.

‘Icahn has to come to your 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 so callous as to let 3,000 hardworking people lose their jobs while a settlement that is global the state and union, which would allow us to turn the Taj around, as we’ve completed with so numerous other ailing businesses, remains a possibility.’

Southern Tier Officials Call on Ny 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 nyc casino certification battles remains hot even after last week’s statement by the Gaming Facility Location Board that only three upstate casinos will be suggested.

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

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

Local officials had hoped that certain of two proposals in the tier that is southern be chosen, but 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 recommended one casino within the Catskills, and another in Schenectady, near Albany. They did perhaps not, however, recommend that a fourth license be awarded, inspite of the undeniable fact that the state’s laws allowed for one area to get a casino that is second.

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

‘ We need a chance,’ said State Senator Thomas Libous (R-Binghamton). ‘We require the jobs. This part of the state is harming for some time, and there’s a license that is fourth most of us know is available. Again, I’m seeking that 4th license to be granted in the true Southern Tier region.’

Lawmakers Interest Governor

Other officials have also expected Governor Andrew Cuomo to locate a casino that is fourth Tioga County, including US Representative Tom Reed (R-New York) and Assemblywoman Donna Lupardo (D-Endwell). But the 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 best shot 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 tier that is southern that was promised a license, did not get yourself a license,’ Gural said.

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

Locals feel as if the area is largely shunned in the previous 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 that they plan to start a $20 million Oz-themed casino in Chittenango in 2015, just 14 kilometers east of Syracuse. The announcement associated with the small facility came simply four days after the state board made their commercial casino recommendations, plus the brand new casino will be only about 60 miles away from the resort that is tyre. However, Oneida officials state that their plans were within the works a long time before that statement.

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