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Topic: How gambling can effect the economy of a country [Part 1 - USA] (Read 524 times)

member
Activity: 308
Merit: 10
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
when gambling is already a lot of public interest it will be a lot of new gambling spots emerging so that the government will take advantage of it can be from taxes or rental fees.
That is what I was thinking about; there is not doubt that country has a lot of benefit from gambling industries and casino in the form of tax. Gambling helps a country in increasing the economy rate and this economy is using for the benefit of people. As people lose money and some earn money while gambling which is a common thing related to business and we should improve gambling in order to play its role in increasing the economy rate.
When it comes to potential economic progress then gambling industry can really give out that opportunity or chance for a particular country and yes it would be on the form of tax.This is why we do seen some countries do legalize it for the sake of that purpose or benefits but yet we have still seen countries which do prohibits it and doesnt mind of the possible benefits that it gives because they are looking on the other side which it can really have negative effect into its citizens.
It means that you want to legalize an illegal thing just for tax and for the economy of a country. No doubt that in every country people gambles but not openly because of the legal issue but legalization means that people will gamble freely without any fear but will have to give tax to the government. It doesn’t make any sense that you want to collect tax on something worst thing.
there is no other way if taxation becomes the main capital to take advantage in a gambling if it is open from it from where else the tax can be from anything and it is very much for the country
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
if the state is only thinking about the benefits it can happen to live the state legalize a gambling so that people gamble but we need to think negative things as well when the legality of gambling happens then the criminal rate will be higher.
This is really alarming. If the state is thinking of gambling as virtue act and emphasizes over making it permanent in vicinity, I think they must be taught well about gambling and their harms. People must know that if government have allowed it, how one can gets feared from gambling and how they would be making a negative aspect on their mind against gambling.
It is not a matter of legalization gambling all over the world. The matter is the bad consequences of gambling. You better know that a regular gambler never wins money in gambling and when he has no money he can do any illegal activity for having some money and to take his addiction of gambling. I strongly condemn the legalization of gambling.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Yes, there's definitely a positive side of gambling as well. Our country has been in a gambling war ever since and I don't know if they are very successful. But on the last 20 years or so, it somewhat legalizes some gambling and we even have a lot of casinos right now bringing jobs to us.
That is called employment and that is associated with every company that needs to deal with people. Gambling industry is porfitable for the owners and the employees but not for the player though.

Quote
I have talked to some of the dealers and they attest that working in a casino has a lot of perks besides their monthly pay, they can earn thru tips or even have night differential payments (obviously) that most of them as young as mid 20's have there own car already which is not the norm here.
If they like their job then they should be enjoying it as well. That does not mean everyone would like this as a job. Imagine going to a social meeting and people ask you about your job and then you say "I work at a casino"

Quote
My take here is that its not the casino's problem is somewhat get's addicted, its still up to the person on how he/she will manage and the responsibility to not immersed themselves in too much gambling.
Most people cant control their emotions and tend to addicted.
newbie
Activity: 76
Merit: 0
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
when gambling is already a lot of public interest it will be a lot of new gambling spots emerging so that the government will take advantage of it can be from taxes or rental fees.
That is what I was thinking about; there is not doubt that country has a lot of benefit from gambling industries and casino in the form of tax. Gambling helps a country in increasing the economy rate and this economy is using for the benefit of people. As people lose money and some earn money while gambling which is a common thing related to business and we should improve gambling in order to play its role in increasing the economy rate.
When it comes to potential economic progress then gambling industry can really give out that opportunity or chance for a particular country and yes it would be on the form of tax.This is why we do seen some countries do legalize it for the sake of that purpose or benefits but yet we have still seen countries which do prohibits it and doesnt mind of the possible benefits that it gives because they are looking on the other side which it can really have negative effect into its citizens.
It means that you want to legalize an illegal thing just for tax and for the economy of a country. No doubt that in every country people gambles but not openly because of the legal issue but legalization means that people will gamble freely without any fear but will have to give tax to the government. It doesn’t make any sense that you want to collect tax on something worst thing.
legendary
Activity: 3080
Merit: 1353
In our society, the general idea about gambling is negative. People don't miss a chance to criticize gambling even if they have never experienced it in their lifetime. I have been fighting against this particular social taboo through this community. I have already created two threads about it and you are welcome to pour in your feedback to those threads as well.

~ snip ~

Yes, there's definitely a positive side of gambling as well. Our country has been in a gambling war ever since and I don't know if they are very successful. But on the last 20 years or so, it somewhat legalizes some gambling and we even have a lot of casinos right now bringing jobs to us. I have talked to some of the dealers and they attest that working in a casino has a lot of perks besides their monthly pay, they can earn thru tips or even have night differential payments (obviously) that most of them as young as mid 20's have there own car already which is not the norm here. My take here is that its not the casino's problem is somewhat get's addicted, its still up to the person on how he/she will manage and the responsibility to not immersed themselves in too much gambling.
member
Activity: 714
Merit: 11
BountyMarketCap
gambling can indeed help the country's economy by levying taxes on gambling premises by official. but for some countries may not be able to accept it. so overall, gambling can not help the country's economy.
hero member
Activity: 2828
Merit: 611
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
I think it improves the economy of a country of gambling is legal and people gamble through a legal way. Yes, it may destroy the financial conditions of the people but it benefits the economy of a country because a government continuously collect tax over gambling either it’s a low class gambling or a high class gambling, it is non of concern of the government, they simply collect taxes and improve the economy of a country.
First of all I am so happy for many countries where gambling is banned. If these countries don’t consider the importance of crypt, then they must have at least a little sense of welfare for their citizens to ban gamble in any form. You must think before getting in this trap that either it is traditional or online, both would creep money from you and don’t let you pay taxes to your state.

legendary
Activity: 1204
Merit: 1028
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
when gambling is already a lot of public interest it will be a lot of new gambling spots emerging so that the government will take advantage of it can be from taxes or rental fees.
That is what I was thinking about; there is not doubt that country has a lot of benefit from gambling industries and casino in the form of tax. Gambling helps a country in increasing the economy rate and this economy is using for the benefit of people. As people lose money and some earn money while gambling which is a common thing related to business and we should improve gambling in order to play its role in increasing the economy rate.
When it comes to potential economic progress then gambling industry can really give out that opportunity or chance for a particular country and yes it would be on the form of tax.This is why we do seen some countries do legalize it for the sake of that purpose or benefits but yet we have still seen countries which do prohibits it and doesnt mind of the possible benefits that it gives because they are looking on the other side which it can really have negative effect into its citizens.
Oh for god sake what the shit are you just writing here. Don’t you see the real facts and figures about gambling and how it is affecting the economy of a country? People are losing their healthy and wealthy lives just because of this gambling.

They become homeless for this gambling and you are saying by paying tax. A person who don’t have anything to eat for one time, how would he pay tax?
sr. member
Activity: 630
Merit: 251
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
I think it improves the economy of a country of gambling is legal and people gamble through a legal way. Yes, it may destroy the financial conditions of the people but it benefits the economy of a country because a government continuously collect tax over gambling either it’s a low class gambling or a high class gambling, it is non of concern of the government, they simply collect taxes and improve the economy of a country.
legendary
Activity: 3094
Merit: 1127
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
when gambling is already a lot of public interest it will be a lot of new gambling spots emerging so that the government will take advantage of it can be from taxes or rental fees.
That is what I was thinking about; there is not doubt that country has a lot of benefit from gambling industries and casino in the form of tax. Gambling helps a country in increasing the economy rate and this economy is using for the benefit of people. As people lose money and some earn money while gambling which is a common thing related to business and we should improve gambling in order to play its role in increasing the economy rate.
When it comes to potential economic progress then gambling industry can really give out that opportunity or chance for a particular country and yes it would be on the form of tax.This is why we do seen some countries do legalize it for the sake of that purpose or benefits but yet we have still seen countries which do prohibits it and doesnt mind of the possible benefits that it gives because they are looking on the other side which it can really have negative effect into its citizens.
newbie
Activity: 141
Merit: 0
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
if the state is only thinking about the benefits it can happen to live the state legalize a gambling so that people gamble but we need to think negative things as well when the legality of gambling happens then the criminal rate will be higher.
This is really alarming. If the state is thinking of gambling as virtue act and emphasizes over making it permanent in vicinity, I think they must be taught well about gambling and their harms. People must know that if government have allowed it, how one can gets feared from gambling and how they would be making a negative aspect on their mind against gambling.
legendary
Activity: 3374
Merit: 2198
🌀 Cosmic Casino
~

People are wrong for stigmatizing it, because it makes the problem worse, what is needed is better education, teachers should be covering gambling in schools when they teach probability at math classes. Cryptocurrency casinos are also better from economic point of view, because they offer investment opportunity to broader public, instead of making few rich people richer.

This is a great idea imo. I teach school kids math occasionally and I can tell that if any kind of a game involved they start to learn with greater interest and effectiveness. The truth is that math is boring for most kids but knowing how important to learn it we have to do everything possible to spark their interest in it. Teaching probability through gambling may be indeed advantageous. Thus we can kill two birds with one stone: teach kids math and show them that it's impossible to profit from gambling in the long run. Also after the classes no one will believe in those dice bots that make you win.
this is actually good, but is it acceptable to insert gambling in mathematics lessons? in some countries may not be a problem because gambling is legalized there, but what about their views that are not legislated by gambling?

I think since it's not actually gambling but rather a gambling framework taken for the purposes  to teach math using gambling concepts, it should be okay. Take Mafia (party game) for example. Although it's not allowed to be a part of a mafia and murder people in real life, it is perfectly acceptable by society to play this party game even with children involved. The same approach, in my opinion, should be applied to inserting gambling in mathematics lessons in the countries where real gambling is prohibited.
full member
Activity: 1036
Merit: 144
Penguin Party 🐟
Overall if it is done responsibly I believe it is a positive impact on our economy, look at the lottery, if someone hits the powerball, the federal government get 10's of hundreds of millions of dollars off of a single winning, that and the lottery is putting thousands of people free through college with scholarships!!! with the proffits. overall gambling is good for the environement if the host are fair and pay in their taxes at the end of each year!!! Gambling in vegas alone is a billion dollar industry for the federal government!!! Just play responsibly and I see no issues!!!
hero member
Activity: 2408
Merit: 584
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
when gambling is already a lot of public interest it will be a lot of new gambling spots emerging so that the government will take advantage of it can be from taxes or rental fees.
That is what I was thinking about; there is not doubt that country has a lot of benefit from gambling industries and casino in the form of tax. Gambling helps a country in increasing the economy rate and this economy is using for the benefit of people. As people lose money and some earn money while gambling which is a common thing related to business and we should improve gambling in order to play its role in increasing the economy rate.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
~

People are wrong for stigmatizing it, because it makes the problem worse, what is needed is better education, teachers should be covering gambling in schools when they teach probability at math classes. Cryptocurrency casinos are also better from economic point of view, because they offer investment opportunity to broader public, instead of making few rich people richer.

This is a great idea imo. I teach school kids math occasionally and I can tell that if any kind of a game involved they start to learn with greater interest and effectiveness. The truth is that math is boring for most kids but knowing how important to learn it we have to do everything possible to spark their interest in it. Teaching probability through gambling may be indeed advantageous. Thus we can kill two birds with one stone: teach kids math and show them that it's impossible to profit from gambling in the long run. Also after the classes no one will believe in those dice bots that make you win.
this is actually good, but is it acceptable to insert gambling in mathematics lessons? in some countries may not be a problem because gambling is legalized there, but what about their views that are not legislated by gambling?
newbie
Activity: 252
Merit: 0
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
if the state is only thinking about the benefits it can happen to live the state legalize a gambling so that people gamble but we need to think negative things as well when the legality of gambling happens then the criminal rate will be higher.
full member
Activity: 1330
Merit: 147
Good thread and good articles, in economic problems gambling can help the economic problems of a country. This is an impact if a country relocates a gambling place, and the government can then freely issue a tax decision. One of the biggest state revenues is taxes, and I think it will be mutually beneficial both from gamblers and governments that legalize gambling.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Gambling has so many positive side of it yet some people term it bad.
Though it effects on the people are mostly bad, Gambling has a positive effect on the economy of the country due to the taxes that gambling companies end up paying to the government. In some countries the state itself engages in gambling like the lottery.
Yeah youre right,big amount of taxes are gained with gambling.but you know how much economy loses because lots of people that engaging in gambling are involving in lots of vices too,smoking,alcohol drinking some are drug addiction and womanizing,look how much government spend for the medical health ofhis individuals if they turn sickness,because just part of the losses in gambling goes to government as tax but majoritu comes to the bankers and they are the only beneficiary of this
legendary
Activity: 3374
Merit: 2198
🌀 Cosmic Casino
~

People are wrong for stigmatizing it, because it makes the problem worse, what is needed is better education, teachers should be covering gambling in schools when they teach probability at math classes. Cryptocurrency casinos are also better from economic point of view, because they offer investment opportunity to broader public, instead of making few rich people richer.

This is a great idea imo. I teach school kids math occasionally and I can tell that if any kind of a game involved they start to learn with greater interest and effectiveness. The truth is that math is boring for most kids but knowing how important to learn it we have to do everything possible to spark their interest in it. Teaching probability through gambling may be indeed advantageous. Thus we can kill two birds with one stone: teach kids math and show them that it's impossible to profit from gambling in the long run. Also after the classes no one will believe in those dice bots that make you win.
hero member
Activity: 1330
Merit: 569


How come you call gambling illegal when a government decides to legalized it. In USA, an entire city like Las Vegas is known for the gambling tourism and people from around the world visits Vegas to play gambling for their entertainment.

You are also talking about taxes. It is a win-win scenario for both the gamblers and the government. People get their entertainment and winnings/losses and government get their part of taxes. Both parties are happy. Where comes the illegality??

I guess the confusion is about gambling being immoral rather than illegal as we might have some actions that are immoral but legal based on the context of the law of different jurisdictions. The main reason why a lot of people have this view is about our upbringing either religious or social environment that people were taught that the best way to make money is to work and didn't classify gambling as work but rather leaving someone in a disadvantage position for you to smile. That understanding is always difficult to shake off even when one is an adult and you still value religion as the path to righteousness.

The economic impact of gambling cannot be swept under the carpet as its very obvious for people to see. Imagine the economy of Las Vegas without gambling? talk about the value of land, businesses, hotels, workers there, banks and every human endeavors.
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