Tuesday, February 19th, Gambling as a fnancial RISK

Objective: By the end of class, students will analyze current events on financial risk, perform research to prepare an argument for debate, view clips regarding risk, and make connections to non-fiction material. 

DO NOW: 
What does it mean to take a financial risk? What kinds of financial risks are possible, and are some more worth it than others? Have you ever taken a financial risk?  What happened?


DIRECT INSTRUCTION:

Discuss gambling as a financial risk / legalization of gambling in Philadelphia.

View clip on gambling/risk. 
View clip of sugarhouse debate.


GUIDED  PRACTICE:

When you receive a laptop, you will research further the pros and cons of legalizing gambling in Philadelphia.

Below are some website that you can utilize to research gambling and the risks associated with legalizing casinos. 

mixed feelings(pros and cons)
casino applicants (more info on pros of having gambling)
at risk (more evidence against gambling in Philly)
really good one for both sides 


Answer the follwing questions below after researching:

1) Will the legalization of Casinos have a positive or negative effect on local economies and/or businesses?

2) Will Casino legalization in Philadelphia have a positive or negative impact on crime in the neighborhoods the casinos are built in?

3) Many people suffer from gambling addictions. Will the new casinos in the city increase this problem?

4) Is it easy to become a gambling addict? Can anyone become a gambling addict? What kinds of people like to gamble? Do you consider them risk-takers, like those that climbed Mt. Everest?

5) Does having a Casino so close to the city increase the risk of citizens become gambling addicts? Is it unfair to tempt these people with casinos?

6) Will casinos in Philadelphia increase tourism to the city? Will more people come here just to gamble and if so, how can it be both a good thing and a bad thing? Explain.

7) Does the local and/or state government benefit from the creation of casinos? How?

8) Do these casinos affect the lives of the high school population in any way?

9) Why don't people want the casinos near their neighborhoods?

Exit PAss

Do you personally support bringing gambling to Philadelphia or not? Why or why not?