Gambling is the process of placing wagers on games, sports or any event, whose ending is uncertain, and has the intention of winning either money or other substances. Gambling is an activity which is carried out by people in all cadres of life.
From the person who finds it difficult to afford a three-square meal, to the wealthy man who has everything he needs at his disposal.
It would interest you to know that, gambling goes beyond what is done at the table. It could be done with assets, which might be either corporate or personal.
A good number of times, gambling could be done under the guise of work or business. People who are very powerful and wealthy gamble with their assets, not minding if the investments of other individuals are there.
It is difficult to identify executives who are addicted because, they do not do it in the open.
Executives are very busy people, and when they want to gamble, they could do it over the phone or perhaps, at any of their high-profile gatherings, where you would not find people having lower classes.
Looking at personal assets which people gamble with, they usually use things like boats, vehicles and a host of other investments.
They use these assets in several money making ventures, which involves house flipping, stock market betting and the likes. As far as someone wants to make a financial gain, there is always a risk involved.
There are some people who take gambling to another level entirely, and these set of people are the addicted ones.
They do not mind putting all their corporate assets at stake, simply because they want to win big. Only the wise executives gamble with calculated risks, and others are motivated by obsessive gambling proclivities.
If a gambler finds his way to the reins of power, it would be difficult for them to make sound financial decisions.
This happens because, they would put their desire for gambling over any important decision which should be made. Executives who gamble are advised to do so with caution, so that they do not go bankrupt.