Too Man<span id="more-4571"></span>y Xmas Presents Can Lead to Gambling Problems, Claims Study

Warning: Christmas gifts, like these ones, should be prevented in excess: they might turn your kids into horrific adults. (Image:

Excessive Christmas gift ideas can turn children into dysfunctional grownups who are prone to gambling and relationship issues, claims a tough-love that is new study from the University of Missouri as well as the University of Illinois.

The research, which thankfully arrived at the optimal time because we were just about to go and do our Christmas shopping, warns parents that buying their children everything they want can cause them problems in later life.

It’s also saved us a fortune that is absolute!

Even though the news that spoilt kids make lousy adults might not be completely earth-shattering to our readers, this the time that is first a scientific research has suggested a web link between overindulged young ones and gambling problems.

But according to Professor Marsha Richins during the University of Missouri, who led the study, showering kiddies 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 just the acquisition of more will make them feel happy, attractive, or fulfilled.

Adults whom define by themselves or others by their possessions are at a much higher risk of gambling problems, marital breakup, debt and generally speaking reduced well-being.

Materialistic Adults

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

‘Our research implies that children who receive numerous material rewards from their parents will continue rewarding themselves likely with product goods when they are grown, well into adulthood, and also this could possibly be problematic,’ explained Richens. ‘Our research features the value of examining childhood circumstances and parenting practices to know consumer actions of adults.

‘Loving parents tend to deliver kids with material rewards,’ 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 moms and fathers should take note that, based on the research, the next three parental methods are most likely to turn their children into potentially obnoxious adults: rewarding children with gifts when they have accomplished something, such as for instance making the soccer team or getting directly A’s; giving gifts in order to show love; punishing children by firmly taking away their possessions, such as for instance a toy that is favorite video game.

As Lan Chaplin, associate teacher of marketing at the University of Illinois, who also contributed to the study, explained: ‘It’s OK to are interested things for your young ones, but make sure to encourage them to be grateful for the people and things they have within their life,’ Chaplin said. ‘Each time children express their appreciation, they be a little more aware of how fortunate they are, which paves the real way in order for them to be more nice and less materialistic.’

OK, well, we’re going to skip the complete Christmas time present thing completely this present year, merely to be regarding the safe part. That we are too caring if we have one flaw it’s.

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

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

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

That will give all sides involved a chance to work down a settlement that would keep the casino open at the end of those talks, rather than see the Taj Mahal power down or liquidated.

Loan Are Considered at January Hearing

Trump Entertainment lawyer Erez Gilad told US Bankruptcy Judge Kevin Gross that the loan, which was arranged the other day, had enabled the company to demand that the closing date for the casino be pushed straight back indefinitely.

While that demand won’t be considered until a court hearing in January, the Taj Mahal is guaranteed to stay open until at minimum that court date.

The loan won’t be enough to keep the casino open forever: Judge Gross even remarked that it probably would not be enough to keep carefully the casino running for the year that is full.

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

The complex interplay between all of these parties has made the bankruptcy proceedings difficult to navigate, even as it seems at times as though progress will be made.

In present days, state lawmakers was in fact working towards passage of the package of bills that would offer tax cost and relief certainty to Atlantic City’s gambling enterprises.

At the same time, the union representing the Taj Mahal’s workers had been in negotiations with Trump Entertainment throughout the future of these benefit plans.

The workers had appealed a bankruptcy court decision that will have permitted the business to split their agreement with all the union, while Trump Entertainment said they were willing to agree to revive some benefits if the union would drop their appeal.

Near Agreement Evidently Blocked by Icahn

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

‘We and everybody else thought we could begin moving Atlantic City ahead, however it is unfortunate that one individual could place the brakes on all that,’ said Local 54 president Bob McDevitt.

Lawmakers then reacted by postponing votes on the tax aid bills, citing the lack of agreement between the ongoing parties in the Taj Mahal dispute.

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

Meanwhile, Icahn characterized their $20 million loan as being a good faith gesture towards a later agreement, even if one wasn’t reached appropriate now.

‘Even though we believe that Atlantic City is great again someday, many people would nevertheless argue it would have been a better financial decision for me to let the Taj close and wait to see whether a international settlement could be reached,’ Icahn had written in a letter to Trump Entertainment CEO Robert Griffin. ‘But I can not be so callous as to let 3,000 hardworking people lose their jobs while a settlement that is global the state and union, which may enable us to turn the Taj around, as we’ve done with so numerous other ailing companies, remains a possibility.’

Southern Tier Officials Call on Ny To Award casino License that is 4th

Southern Tier officials are upset that local proposals such as the one at Tioga Downs were passed over in New York’s casino recommendations. (Image: WENY News)

The ny casino licensing 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 asking for that the state reconsider enabling a casino in your community, while A native American tribe’s announcement of a new facility threatens to help complicate the market that is local.

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

Local officials had hoped that certain of two proposals in the Southern Tier would be chosen, however the recommendation for a guaranteed license for the spot instead went to Lago Resort & Casino in Tyre, a Finger Lakes location.

State Only Suggested Three of Four casinos that are possible

The state board also recommended one casino into the Catskills, and another in Schenectady, near Albany. They did not, however, advise that a 4th license be awarded, despite the undeniable fact that the state’s laws allowed for one region to be given a second casino.

Many observers expected a 4th casino would went towards the Hudson Valley-Catskills region, that has been seen as the many lucrative, Southern Tier officials are now lobbying them a casino instead for it to be used to give.

‘ We are in need of a chance,’ said State Senator Thomas Libous (R-Binghamton). ‘the jobs are needed by us. This an element of the state is hurting for a while, and there is a 4th license that most of us know is available. Again, we’m seeking that 4th license to be granted in the true Southern Tier region.’

Lawmakers Appeal to Governor

Other officials have also asked Governor Andrew Cuomo to find a 4th casino in Tioga County, including United States Representative Tom Reed (R-New York) and Assemblywoman Donna Lupardo (D-Endwell). But the state board said which they had been quite clear inside 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 must not 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 is clear that no one understands why the Southern Tier, that has been promised a permit, did not obtain a permit,’ Gural said.

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

Locals feel as though the region is largely shunned in the previous week, both because of 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 plan to start a $20 million casino that is oz-themed Chittenango in 2015, just 14 miles east of Syracuse. The statement associated with the small facility came simply four days after the state board made their commercial casino recommendations, therefore the brand new casino will be only about 60 miles far from the Tyre resort. However, Oneida officials say that their plans had been within the works long before that statement.

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