Topic: Importance of Gambling to the society - page 11. (Read 2826 times)

as we put it, we can see the benefits and the detrimental effects of gambling in the society. depending on how you look at this industry. i guess, abuse has always negative impact on anyone, right?

AFAIK, it's more with the taxation than revenue sharing but if that's another side of it that goes with the relationship of the casino and the government, that certainly gives more boost to the profit of the government aside from the taxes.

That's the sad truth in politics, you'll see those corrupt ones but on those countries that have regulated and has an honest policies they don't have to deal with this kind of problem.

But instead, they're problematic on which projects they should allocate for all of the sectors coming from the casino money whether it's from the taxes or revenue sharing.

Everything definitely has positive and negative impacts. Depends on how much negative or positive it is. And when someone makes a decision or assesses something, we cannot blame that person's ethics, judging that the negative impact is much greater than the positive impact. And this usually applies in certain cases or in general.

In terms of gambling, it cannot be denied that the negative effects of gambling, especially addiction, can be felt. And it is because of this that there are some countries that make regulations regarding gambling, even if it is completely prohibited. These rules were not made without any basis, but because they saw the negative effects that occurred due to gambling.

However, on the other hand, maybe there really is a positive effect, especially for those who can become pro gamblers or someone who can really control themselves when gambling, by managing themselves, so that they can actually make more money than lose in gambling. However, there are many gamblers, which one is more?

And despite all that, I read about this post:
If it's like this, this is a good thing, very good. But do all gamblers make the same contribution? The problem is, gamblers are sometimes all about themselves, and don't even care about other people. If there really is a social activity like this, of course it is highly appreciated and rarely happens. And if it can make more and more gamblers aware of this, of course there will be less potential for addicted gamblers to end up committing crimes.

Gambling has both socially harmful and beneficial aspects, but when the harmful aspects outweigh the good aspects, it is considered socially harmful. However, in the socio-economic environment where teenagers and minors become addicted to gambling, gambling is not useful for any social development in that society, instead, bad acts like robbery, corruption, theft, murder, rape etc. continue to happen. Gambling has significant developmental effects in countries where gambling is socially and state-legalized. Especially the government gets a certain amount of tax from the gambling sites and because of the multiple posts/vacancies on gambling, thousands of people are employed.

In my country, the government doesn't really have a deal the gambling and it is the least of their problem but am sure they pay taxes, consider it an enter price, and taxes are to be used for the interest of the people, but it, from the people down to the government are corrupt, instead of using the taxes well they will end up inside the pocket of individuals and they come up with excuses that are very silly, we are lucky in our own region will don't pay tax on crypto, the issue of corruption is getting worst every blessed day.



Everybody is already getting used to the habit of these damn politicians that only care about feeding their fat bellies and their family but very soon their cups will get filled, I already see that we have similar government issues, due to the government's failure to invest in the society there are many lacks, and even the infrastructure is poor everything is poor since the removal of subsidy is mad hike in the price of transportation and other commodities in my region, and instead of them providing other means they act as they do not care and they are acting above the law and people can not speak for there right.

The idea of revenue sharing, where a percentage of the gambling revenue goes to the government, can be a more collaborative and mutually beneficial approach. It not only ensures a steady stream of income for the government but also allows the gambling industry to operate in a regulated and legal framework. This can lead to a win-win situation where both parties benefit.

It's also a shame when the tax from all people just entered to the pockets of those politicians and corrupt members of the government. They don't have any concrete plan, for the people but only getting the money for their own personal gain.

Well, most countries that have gambling allow for the general public, and there are a lot of land-based casinos. The government wouldn't actually use the tax money for their own benefit because such nations are mostly developed and the government doesn't really need to do any corruption to survive or fill their own pockets and this is the reason why such nations prosper compared to those where the government is busy filling their own bank accounts instead.

Small nations or third-world countries are basically what face such issues most of the time because politicians and government in such countries only cares for itself instead of thinking about the country or the people and working for the betterment of the country, they just keep hoarding money.

Unfortunately, not everyone has self-control. Most of us if not all, are aware about the repercussions of unhealthy habits. Excess of anything is bad for the health. Like what you said, everything not done in moderation can have its harmful effects to someone. Most of us knew that eating too much and not exercising often can cause obesity, however, people still disregard eating a healthy, balanced diet and working out. I guess it's just really boils down the discipline within us. Gambling can give different perspective, sure. But if you will go overboard, you can lose everything you have at once.

It's good that your gambling routine and analysis is working out and turning just fine. Hopefully, it will also be the case to other people. After all, putting it into perspective and into practice is the first step.

Sometimes the topic of gambling addiction is overstated. Especially when nobody is forced to gamble. Besides, everything that is excessive is not good like eating too much food, partying a lot, and even working too much is not healthy. This is not the same as smoking (except weed) where it gives no benefit and only gives problems to the other people who are forced to inhale the unhealthy air.

For me, gambling is important because it gives us a different feeling. I am always entertained when playing in casinos. Sports betting makes me more excited and thrilled when watching games. I felt like I would be rewarded with my analysis if my bet won. It is putting my analysis to the test and I love it.

It's impossible to do that for now. In my country, stake has become the most popular site to gambling with. People were not feeling so bad by losing their money in the different country as long as they were getting trusted said who really paid them all. I saw that most of local gambling sites in my country were scam. You can deposit but they won't pay after the players were winning the jackpot or max win. This is also the reason people didn't care so much about where their money will be going on.
People care so much in getting a trusted site which will facilitate them to play without even feeling worry about being scammed by the site. I saw no beneficial from gambling to the society as it's only helping the government in getting more tax.

Rightly said people are deprived of their benefits because of these ministers they do not use anything for charity. The government shows everything but corrupts and uses everything for their own interests. Corruption that occurs through government procurement implementation of government development projects budget implementation etc. There are many parties involved including political leaders government bureaucrats, businessmen if crypto is supported by the government political leaders will not be able to do this kind of corruption people can do everything independently.

If we talk about a corrupt government, they will clearly take tax money and other state revenues for their interests. And they even want to get extra money from every project they propose to benefit their pockets. This will make development difficult in a country because its finances will be in deficit and it will be forced to take financial allocations from other places. And, if the government does not take tax money or does not commit corruption from things that the people pay, of course, a country's economy will be better and there will probably be more public facilities that the government will provide to provide the best for its people. So if tax money from gambling can be used as well as possible for the benefit of the people, it will certainly be very encouraging for the people. The people will also help and support the government's development and progress.

In some countries the gambling was regulated and government collecting taxes for the gambling plays.So the taxes from such things should be wisely used by the government for the people welfare schemes.But unfortunately many government was build with the corrupted politicians and ministers.So such minister will work for the benefit of their own pocket.They never use the taxes for the benefit of the people,the money supplied for the benefit of the minister,They get into corruption on the implementation of the scheme to the people.The taxes from the crypto trading also should used by the government for the people welfare.

There will be real changes if the government can use its tax money properly because it will help a country's economy. The people will also receive a positive impact from the development that is taking place so that they can enjoy the new facilities built by the government. All of this will provide comfort to the people, making the country more advanced and develop better.

And it doesn't matter if almost all businesses use the internet because the government can still receive taxes, especially from offline businesses in every city. This will be useful for running the economy and building more public facilities for the benefit of the people, but with the caveat that the level of corruption must be reduced and all officials who commit corruption must be given the most severe punishment to provide a deterrent effect on others.

Yes, if there was no corruption, all city development would be better from the results of gambling taxes and in my country's capital, almost the average person enjoyed the results of development resulting from casino taxes and gambling in physical casinos at that time, but now gambling or physical casinos are already It is rare to find it because of the sophistication of today's technology which has made casinos move online.

But still the government can get tax money from legal online casinos, I recently saw that there will be new regulations in my country regarding online casino taxes which may be legalized in the near future, I hope that all people will enjoy the results from tax money that and there are no corruptors trying to steal tax money from online casinos as is the case in many certain countries/.

Yes, poker is a relatively old game and is losing more and more players every year if you check "Google trends". But there are still a lot of people playing it. By the way, you don't have to be very smart to win at poker. Luck is also very important here. You probably know the winner of the WSOP in 2003 with a memorable name - Chris Moneymaker, who won $2,500,000. He wasn't a professional and this news caused a huge spread of poker around the world. Although I admit the fact that times have changed now and there are very few amateurs, but luck still hasn’t disappeared. Therefore, I recommend that you try to play at least with your friends, it’s at least fun and exercises your brain.

Gambling serves as another form of recreational activity for some to release stress and other negativities while betting and playing. It gives people the freedom and satisfaction of what they can do with their money and the chances of how they can profit using their fund as well. Aside from being important because gambling generates taxes for the economy of the country, it serves as a sideline while having fun to some. It caters people need for the cheap dopamine. It also gives people a livelihood especially those physical establishments because they need manpower, and thus provides employment for the locals which help lessen the unemployed.

Well, the truth is that it makes me very happy that at least one government when it collects its taxes gives them to its people and helps with work, I think that's what it's about, in my case where I am it's not like that, taxes and everything that happens If they collect the government fee, they don't even give them a quarter, nothing, so if the government where you are is like that, then may God continue to bless it, in part I am not saying anything that if they charge the Casnios in a fiat style it is good, and That's good and I hope it will always be like this, on the other hand where I live the government is very contrary, if they see that you are doing mining and you don't register it with them, they make you pay in jail and that means you will become a Worse case, in this order of ideas we can do many more things, a government for me is very difficult to be good, perhaps my experience is living in one that always instead of giving away, and that the more I study the less you are valued, because one of the things that I don't like very much is that, a government, that's why in crypto, casino or something like that I don't pay taxes, in fact I always evade taxes and it's not worth it because they are very rich and the more they discover things the more rivers they fly, then it would be a sin for them to Charge taxes here for using crypto, for the casinos , although in truth the casinos here give a big cut to these government people so that they can make life and can work normally, and also the big Politicians always go to play at the Hours they want, and everything in the casino has to go away, because government politicians come to play , so these types of things are what bother .

Now, the moment we can do something good, whether with taxes, well not us, the government in power, that can give benefits like the one they give there in that country, well, I think they will always do well, I have always It has been said that he who does well always gets good things, and a lot of money, as much as they can do, it is always good that they keep their people happy.

That's right.
I have been optimistic about gambling venues ever since I saw some changes near my place. At first, I thought it would just have a negative effect since it is near a residential area but to my surprise, the local government has a lot of projects that finish quickly because of it. They fixed the road and widened it, street lights everywhere from a very dark place a year ago, CCTV cameras were installed almost everywhere and the security was better. Now, I am just waiting for bigger projects to happen like schools, hospitals, and other necessities for the residential area and I think it's planned out correctly.
You are right, if the government can take advantage of that tax that is being given by the physical gambling sites and the money is not being corrupted then, it will be a better place for everyone even though some people are losing money in their gambling activities. Well, that's on them to take the risk to profit from their own habits.

They dont have to apply very high taxes, the worth of gambling is like a few select industries its recession proof and so more valuable then a normal tax revenue stream which will dry up in hard times.    The danger of high taxation is you drive that business into the hands of your opposing tax regimes, so many tropical island locations willing to levy no tax at all for companies that support their relatively small nation and fiscal budget.  Its much better to work with gambling industry, most often is a kind of revenue share where say 30% of the take is given to government and so making the tax revenue even more reliable.  Normal business of course can divert or reinvest profits to avoid taxes and so even big industry like oil and gas can go missing at times from available government cash resources.