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Sunday Journal (Gambling) #322509

CBS Evening News for Sunday, Jul 31, 1988
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(Studio: Susan Spencer) Gambling featured; consideration by voters in Detroit, Michigan, whether to allow casinos noted. History of gambling in Atlantic City, New Jersey, reviewed; historical film shown; scenes shown of legal gambling there. Impact of gambling on living conds. in Atlantic City noted; scenes shown from slums. [Casino Association of New Jersey president Tom CARVER - talks about expectations.] Boom for city's suburban middle class detailed. ["Hostage of Fortune" author Michael POLLACK - says therehas been suburban, but not urban, renewal.] [Suburbanite and casino employment Eileen BRANSFIELD - describes lifestyle.] [Resorts International president Steve NORTON - says city's downtown is like that of any other city.] Report introduced.

(Tampa, Florida: Christine Negroni) Lottery featured; details given, scenes shown. [WOMAN - hopes to win someday.] [Econ. Charles CLODFELTER - explains mkting. methods of lotteries.] Success of lottery for state of Florida reported [Florida lottery secretary Rebecca PAUL - says it has been wildly successful.] Public relations problems of lotteries in some states detailed; scenes shown from California TV ad [California schools superintendent Bill HONIG - says there has been a reduction in state budget for schools.] Finding that the poor are playing the lottery in big way noted. [Sociologist Roy KAPLAN - says lottery is "dance of mutual delusion" for players and the states.] Scenes shown of lottery players and winners.

(Studio: Susan Spencer) Addictive nature of gambling noted. Report introduced.

(NYC: Gary Reaves) Gambling in financial mkts. of New York City and Chicago, Illinois, featured; details given of compulsive gamblers, scenes shown from market [New Jersey Council on Compulsive Gambling spokesperson Arnie WEXLER - says stock market is biggest roulette wheel.] [Stockbroker "BILL" - explains addiction to gambling.] Comparison of financial gambling to drug addiction to cocaine detailed. [Taylor Manor Hospital Dr. Joseph CIARROCCHI - explains the "rush" and "excitement" of fin. gambling.] [Stock broker "JOHNNY" - says he could bet his life away with telephone call.] Refusal of stock market firms to discuss with CBS problem of compulsive investing noted. [WEXLER - discusses market gambling last October]

(Studio: Susan Spencer) Declaration by New Jersey of August as "Compulsive Gambling Awareness Mo." reported

Negroni, Christine;
Reaves, Gary;
Spencer, Susan

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