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

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

Excessive xmas presents 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 and the University of Illinois.

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

It’s also saved us an absolute fortune!

While 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 recommended a hyperlink between overindulged kids and gambling problems.

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

Such adults tend to believe that success in life is defined by the quality and quantity of their material possessions and that only the purchase of more will make them feel happy, attractive, or fulfilled.

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

Materialistic Adults

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

‘Our research implies that kids who receive many material rewards from their parents will likely continue rewarding on their own with material goods when they are grown, well into adulthood, and this could be problematic,’ explained Richens. ‘Our research shows the worth of examining childhood circumstances and parenting practices to understand customer habits of adults.

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

Xmas is Canceled

Doting moms and dads 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 gift suggestions when they have accomplished something, such as for example making the soccer team or getting directly A’s; giving gifts in order to show love; punishing children by taking away their possessions, such as for instance a toy that is favorite gaming.

As Lan Chaplin, associate teacher of marketing during the University of Illinois, who additionally contributed to the research, explained: ‘It’s OK to are interested things for your young ones, but make every effort to encourage them to be grateful for all the people and things they have within their lives,’ Chaplin said. ‘Each time kids express their gratitude, they are more aware of just how fortunate they have been, which paves the real 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 year, simply to be in the side that is safe. 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 scheduled closing dates come and go, but the lights are nevertheless on at the embattled Atlantic City casino.

And now, thanks up to a new infusion of cash, it appears as though the resort will stay open for at the 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 edges involved a chance to work out a settlement that would keep consitently the casino open at the end of those talks, rather than begin to see the Taj Mahal shut down or liquidated.

Loan Is 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.

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 carefully the casino open forever: Judge Gross even pointed out that it probably would not be enough to keep consitently the casino running for the year that is full.

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

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

In recent weeks, state lawmakers have been working towards passage of the package of bills that would provide tax relief and cost certainty to Atlantic City’s casinos.

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 employees had appealed a bankruptcy court decision that could have allowed the business to break the union to their contract, while Trump Entertainment said they were ready to agree to replace some benefits if the union would drop their appeal.

Near Agreement Evidently Blocked by Icahn

In the the other day, it appeared as though the union and Trump Entertainment had arrived at a contract that both sides could accept. But union officials said week that is late last Icahn scuttled the deal.

‘We and everybody thought that is else could start moving Atlantic City forward, but it is unfortunate that anyone could place the brakes on all that,’ said Local 54 president Bob McDevitt.

Lawmakers then reacted by postponing votes on the income tax aid bills, citing having less contract 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 being a faith that is good towards a later contract, even if one wasn’t reached right 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 3,000 hardworking people lose their jobs while a worldwide settlement with the state and union, which may enable us to turn the Taj around, as we’ve done with so many other ailing organizations, 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 example the one at Tioga Downs were passed over in nyc’s casino recommendations. (Image: WENY News)

The New York casino certification battles remains hot even with 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 permitting a casino in the area, while A native American tribe’s announcement of the brand new facility threatens to further complicate the market that is local.

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

Local officials had hoped that one of two proposals in the tier that is southern be opted for, nevertheless 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 suggested one casino in the Catskills, and another in Schenectady, near Albany. They did maybe not, however, advise that a fourth license be awarded, despite the undeniable fact that the state’s laws allowed for one region to receive a casino that is second.

Many observers expected a 4th casino would have gone to 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 truly need an opportunity,’ said State Senator Thomas Libous (R-Binghamton). ‘the jobs are needed by us. This area of the state happens to be hurting for a while, and there’s a license that is fourth all of us know is available. Again, we’m asking for that 4th license to be granted in the true Southern Tier region.’

Lawmakers Interest Governor

Other officials have also asked 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). However the state board said which they were quite clear in 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 really should not be a fourth.’

For Jeff Gural, who owns Tioga Downs that has hoped to expand the racetrack in to a fully-fledged casino, that description simply is not enough.

‘we think it’s clear that no one understands why the tier that is southern that was promised a permit, did not get a license,’ Gural said.

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

Locals feel as if the location is largely shunned into the week that is past both due to the casino decision and a fracking ban established last Wednesday.

Oneida Nation Announces New Casino Venture

Meanwhile, the Oneida Indian Nation has announced which they intend to open a $20 million Oz-themed casino in Chittenango in 2015, just 14 miles east of Syracuse. The announcement for the small facility arrived just four days after the state board made their commercial casino recommendations, and the brand new casino will be only about 60 miles away from the resort that is tyre. However, Oneida officials state that their plans had been in the ongoing works well before that statement.

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

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