This has also called on the aifs of a political and a social influencer calling to the attentions of the president of Nigeria to bring an end and cut off the accessibilities access to online sport betting in the country in other to main a better orderliness in the society because the states of miles Nigerians undergoes is being mentally worrisome which has also made a caused of depreciations of our fiat currency Naira(#). He further stated that if betting platforms could be moderated, then the lost of the currency values would regain and boosten back it's values.
https://punchng.com/experts-fear-rise-in-mental-illnesses-over-addiction-to-betting-apps/OP, after reading through all that you have written, I find a need to read through the article you uploaded so I can properly understand the reason why the office of the Nigerian government feels that stopping online sports gambling will help the devaluation of the naira and make it gain more value.
What I find as their reason for wanting to stop online sports gambling is what's in the quote below.
He called for a ban on sports betting apps to improve the value of the Naira.
Speaking on the loss and impact on the nation’s Gross Domestic Product, Omokri stated that the $1bn spent daily on sports betting and other types of gambling, implies that more money was leaving the country than compared to the nation’s externally generated revenue.
At a point, I feel that this discussion should have been pushed to the political board, but well, it's also fit on a gambling board. Just to drop a few lines as to the reason for the Naira devaluation. The major causes of the devaluation of the naira are:
Rising inflation, foreign reserve depletion, exchange rate policies, weak diversification, and heavy oil reliance. These are major causes of the naira devaluation. Now, my own question is: what has the Nigerian government done about those factors causing devaluation? What has been done about those factors to prevent the Naira from undergoing devaluation?.
PS: I am not in any way opposing the decision of the Nigerian government to protect their naira, but guess what? I also checked on the rate of gambling in the US and how much is being gambled off every year, and the value was huge, yet the dollar has more value than the naira.
Across the U.S., gamblers lost $34.2 billion on slot machines last year, up about 5% from nearly $32.5 billion in 2021, according to the report. Players lost $10 billion on table games such as blackjack and roulette, up nearly 14% from $8.8 billion.
My question>>>
* Is gambling really to be blamed about the laundry drug addict guy who engaged in gambling in order to gain more money and afford his drugs?
Because to me, he has been a drug addict before began to gamble and he strictly gambled consciencelessly just to make profit and buy himself this assorted unhealthy pills (drugs).
To answer your question, @OP, I would say that gambling is not to blame. People have a choice in everything they do in life, and if an individual chooses to become addicted to something, they should have themselves to blame and nothing else. Perhaps he was already addicted to drug intake; even if he had not ventured into gambling, he definitely would have still sold all his property and used the money to buy drugs because, from his lifestyle as described, he lacks self-control. What the government should even be doing now is carrying out an investigation to find out who is actually supplying cocaine to the victim in discussion.