Fat, lazy species + gambling
Saturday, July 31st, 2010
SIN city! Image © here
MAYBE I’ll go on a solitary sampling tour of all the ice-cream brands in the neighbourhood mamak shop. I think Magnum is overpriced and not yummy. I’d rather pay for Haagen Dasz (sp?) green tea ice cream actually, but sometimes it’s fun to just eat trash.
Didn’t sleep enough, as usual, and am self-medicating with sugar! Hey it’s the weekend and I can do exactly as I please, which is to lie around, eat junk food, and snipe. Maybe embark on some hysterical moral panic act. Try to see how I can put my grubby paws on other people’s money. Maybe — argggggg even read something in Bahasa. Sigh. Work! Work! I don’t want to work. We should just sit around on the beach under the coconut tree and eat coconuts and grow fat.
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YES, I’m feeling snipey today, so let’s jump onto one of my favourite hobby horses, GAMBLING. I’ve some statistics here.
Firstly, from One Hope Centre, which helps gambling addicts and helps them on the path to recovery. (I’m ambivalent about it being a church group, but so far it’s the best non-profit I know of other than Credit Counselling that helps gambling addicts.)
The info below has been collected by an anonymous volunteer:
One Hope Centre support groups are large, numbering anywhere between 30 to 60 participants. Among One Hope clients, 35% are aged 35-44, 35% are aged 45-54, 90% are married, 90% are Chinese (YES, all the stereotypes are TRUE), and 35% are Buddhist. According to Reverend Tan, gamblers think they can control their emotions, and also believe they can control and recoup their losses. Problem gamblers can’t forgive themselves for their losses, and they become detached from society. Each compulsive gambler, according to the group, can also adversely affect the lives of somewhere between 10 and 20 relatives, friends, and business associates around him.
Many people here claim to use gambling for stress relief, leisure or (gasp) “family time”. As an example, Reverend Tan cited an MCYS 2008 survey which revealed that 50% of the respondents viewed gambling as a leisure activity, while another four in 10 undergrad students gamble. In addition, a similar SMU survey found that three youths out of 100 gamble, while the National Council on Problem Gambling reported that calls to their hotline have doubled since Resort World Sentosa opened its doors. When another casino theme-parm opened in April 2010, gamblers started using the excuse of “whole family entertainment” to pay a visit, throwing family members at the theme park and going into the casino themselves. “We are living in a world of gambling,” said the reverend, “and no one is immune from becoming a gambling addict when given the right opportunity.” He quoted Michael Franzsee, noting that “more lives are destroyed by gambling than by drugs and alcohol combined”.
(Note: This can also take the form of STOCK MARKET GAMBLING, or “land banking” or whatever, all you idiots who “invest” without really knowing WTF you’re doing.)
In Singapore, there’s the case of Simon Lee, a problem gambler who killed his family (a wife and two children) in March 2005. In another case, a Singapore businessman lost $6 million and was reduced to driving a taxi for a living. The reverend also pointed out that gamblers often get into heavy debt and borrow from illegal loansharks, who come knocking for payment. When gamblers can’t pay, they often want to kill themselves, thinking that they can then relieve the family of these problems. When callers phone One Hope, they are already at their wit’s end, and One Hope becomes their last hope.
While IMH maintains that gambling is a “problem of the brain” (WAKE UP, doctors!!), Reverend Tan claims it is a “heart problem” — greed. He says that strong family support is the key to recovery for problem gamblers. One Hope views its programme as a “family package treatment”, inviting family members to participate in the gambler’s recovery and restore the broken relationships. Otherwise, given the opportunity, a gambler can easily fall back into addiction.
Credit Counselling Singapore assists consumers in recovering from serious debt problems by providing general credit management information, credit counselling and debt management. While One Hope helps clients with emotional issues and illegal loansharks,
CCS deals strictly with debt management and legal loansharks.
CCS’s typical client is 39 years old, earns $2,700 a month, has about seven creditors, and owes $71,000 in debt. About 66% of clients are married, with 49% holding an A-level cert or above and 46% staying in a five-room flat or larger.
CCS charges $30 for a counselling session and $100 for its Debt Management Programme. These charges, it says, are levied so that the client will not take its services for granted and will be more committed to the programme.
Volunteers from
CCS started counselling debtors in 2005. Clients fall into four categories: a “hard luck” client suffers from an unexpected crisis, such as retrenchment or medical bills. The second category is the “spender”, where a client who earns $3,000 a month can actually spend over $5,000, using the $2,000 from credit lines. Men in this category typically make a few big purchases, such as a house or a car, while women typically make several small purchases that accumulate into big debts. For example, they might argue that it’s cheaper to “buy two, get one free”, which actually leads to more spending (YES: WAKE UP when you read those fancy credit card brochures for cosmetics + other “cute” items!) A third category is “muddle-headed” client, who borrows from the banks to lend the money to friends and family. For example, many people lost jobs last year and borrowed money to start their own companies. As the crisis worsened, many new ventures failed, leaving clients unable to repay their loans. Finally, the fourth category is the “punter” clients, who plays the stock markets or gambles on lotteries, soccer games or horse racing.
For someone to repay $71,000 in debt, the
CCS counsellor said that it would take 26 — yes, 26!!! — years of the client not buying anything to eat or drink. Troubled debtors rarely approach
CCS directly — more often than not, it’s a concerned family member who seeks resolution to the family debt.
With Marina Bay Sands Resorts Casino, the Casino will definitely want to recoup the $7.5 billion (I think) they sank into building this “theme park”. Let’s see where the money actually comes from.
