Read the following articles (watch the associated videos), review the Play Michigan website, and answer the...
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Read the following articles (watch the associated videos), review the Play Michigan website, and answer the questions below. https://www.michigansharp.com/revenue/ https://wwmt.com/news/local/former-gambling-addicts-talk-about-recovery-as-michigan-sets- online-gambling-records https://www.playmichigan.com/ 1. Explain the difference between the following terminology: handle, revenue, and adjusted revenue. 2. How much combined online revenue did Michigan' sportsbook apps bring in in 2021? 3. How much did the sportsbook apps pay the state of Michigan in taxes? 4. How much did the city of Detroit receive from the sportsbook apps? 5. By what percentage in each of the first ten months of 2021 have gambling disorder calls to MI Problem Gambling Hotline increased? 6. 7. In your opinion, how does this significant tax revenue influence government official's willingness to support (and even promote) the expansion of gambling in the state? What are some potential downfalls of legalizing gambling? 8. See the Responsible Gambling Link on playmichigan.com. What has been put in place if people become addicted to gambling? Do you think this enough? Read the following articles (watch the associated videos), review the Play Michigan website, and answer the questions below. https://www.michigansharp.com/revenue/ https://wwmt.com/news/local/former-gambling-addicts-talk-about-recovery-as-michigan-sets- online-gambling-records https://www.playmichigan.com/ 1. Explain the difference between the following terminology: handle, revenue, and adjusted revenue. 2. How much combined online revenue did Michigan' sportsbook apps bring in in 2021? 3. How much did the sportsbook apps pay the state of Michigan in taxes? 4. How much did the city of Detroit receive from the sportsbook apps? 5. By what percentage in each of the first ten months of 2021 have gambling disorder calls to MI Problem Gambling Hotline increased? 6. 7. In your opinion, how does this significant tax revenue influence government official's willingness to support (and even promote) the expansion of gambling in the state? What are some potential downfalls of legalizing gambling? 8. See the Responsible Gambling Link on playmichigan.com. What has been put in place if people become addicted to gambling? Do you think this enough?
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