Topic: Importance of Gambling to the society - page 12. (Read 2606 times)

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.

People in government can apply very high taxes to the gambling industry to help a country's economy because taxes can help improve the country's economy. With tax money allocated to things that concern people's lives, they can provide the facilities needed by their people so that there will be economic improvements that will look even better. Unfortunately, the taxes submitted to the government may be corrupted by those eager to get more money. This should not happen because it will hamper the economic progress of a country. After all, many government programs cannot run smoothly because of a lack of money to continue them.

If there are people who do not pay taxes, that is up to them but it is a form of obligation that the people must carry out to support the government's economic programs. Regardless of whether there are people who commit corruption with tax money, we cannot deny it, but at least there is still money that can be used to continue the government's programs.

Fixing corruption in government is not easy because it involves many people who have protected acts of corruption from occurring. If there was one person who was caught, it might still be difficult to get to the people behind him because he might be protecting the whereabouts of the people behind him and deliberately sacrificing himself. But if corruption can be reduced, it can help the country improve because money can be used to run the economy and improve the welfare of the people.

The people will be happy to see that the tax money can be used as well as possible because they will see economic improvements in their lives and ongoing development in their cities. And corruption is indeed the main problem of all problems. This must be reduced so that tax money entering the country can be used as well as possible to develop the country's economy.

Betting and getting sites has one way or the other has helps in promoting some social activities and sponsoring some television shows that ends up given out some huge prices to the anticipants although I would had love to list those site but I think I am indirectly promoting them over here so, I keep it blank.

become a place of recreation for someone or a place to relieve stress, that could possibly happen depending on the initial purpose for gambling.
However, in fact, many people enter gambling just to make a profit and hope to catch big fish in just an instant. Games like Poker are old games, but you need a strong brain to be able to win, do calculations, see what cards come out, I still don't understand poker completely. I might just be a slot player, just press the button and wait for the jackpot. But I also set how much limit I spend, because it's just a game to relieve stress.

Consideration of probability in outcomes is an established science for hundreds of years.   Depends if you identify gambling as having to require money, that part is more leisure.  The idea of risk based games with unknown outcomes is perfectly healthy and as productive as any other game; indirectly but investigating probability is regularly deployed in multiple industries for all kinds of reasons mostly to reduce risk by classifying each outcome in any situation from drug trials to building bridges.  I relate all those subjects to a gamble, free markets in economic studies has been described as a game and so on.   Its all quite justified for game playing just like I'd argue chess is good for you

Taxes collected from casinos goverment can be used for expenses not related to social infrastructure and improving people's lives. It would probably be more correct if these taxes were spent on this.

I consider another beneficial side of gambling as recreation for a person. But I would like people to not just press a button after work and hope for luck like in a casino. I would like them to work more with their heads and calculate the probabilities of combinations falling. They tried to analyze possible bluffs of the enemy (I mean offline poker). Therefore, I would call poker the most useful gambling game in my opinion. Such rest develops to some extent a person in the mathematical and psychological parts, and allows for analysis.

I highly agree with this and can't deny that this is true and it is happening in our country. They are paying. large amount of taxes but our country is full of debt from other countries because our economy is affected. It is sad that the amount of that are being wasted and we can't see any improvement in our country just everyday the inflation hit us , gambling is good because of taxes but if not properly used it is useless.

You have to keep in mind the unethical aspects of gambling as it can create discord in the society. As gambling is not accepted by all in the society and some m countries consider it as taboo. People will be directly involved in theft, robbery, terrorism while collecting money for gambling.
On the other hand an organization may earn a lot of money through lottery, but not all the money will be used for health services.

If you have a lot of money then you can play gamble and there people in the society will have a negative attitude. But whoever has little money and if he loses all money by gambling then his family will be in danger and it will be considered as immoral activity by the people of the society

We have many activities that the Christian preach against but if we listen to all that they preach against we mightn't have companied that'll be paying taxes to the government' for them to use to find projects. We need gambling companies as they add to our society.

Gambling companies provide job opportunity for the community members and also gives the gamblers an opportunity to use their websites to make money from how well they know the sports they're placing a bet on or how lucky they're feeling, through gambling with casinos.

Gambling has both good and bad effects on the society but we have other companies that also have good and bad effects on the community but people aren't talking about them like alcohol companies so gambling companies shoudn't be attacked as they're not all bad.

But the casino is always on the winning side because in this kind of business is on the win-win situation always, I don't say that they don't have any losses at all but they might have some losses within a particular hour or day but in the long run, they always win because of that house edge. And yes, there's no such thing as a rigged casino.

There may be some that we don't know of but casinos like that won't survive that long because all casinos are client dependent.

If you think casino game are rigged, you're wrong.

Although technically there's always a winner and loser in gambling, but it's not mean if you win, then the other is lose and vice versa. The game has a house edge and this make the gambler are unlikely to win due to the percentage to win for gambler is lesser than the casino.

There's a chance if you win, then the other gambler is also win too.

Fixing the corruption in the governments and actually making the taxes go exactly where it should would make the world a better place to begin with. If you add in tens of billions of dollars from the rich people as well on top of that, it would just make sure that the whole world is doing great.

If only every nation was ruled by a president that made sure that there is no corruption at all, and every single dollar is accounted for from the taxes and we actually did get it back fairly, then we would all be doing fine. Taxing is not really the issue, it's the corruption. And I bet that in any nation gambling is legal, we have licenses distributed to the ones who bribe the politicians the most as well without a doubt.

A government not even with the dragon balls would do that with its 3 available wishes, so a government that does that, that thinks of its people first and that does things for its people, those things are no longer like that, governments only think in power and only politicians get rich, that is what everyone thinks, that is why anyone wants to be a politician, so when we imagine everything that can happen in an instant, we say or usually say that a government is not what they paint us, nor what we want to believe or what politicians make believe when they are in campaigns, things are different, well the reality of life is different, but that is why I do not agree with That, as for the taxes, I don't want to kick for crypto, no way, because those things don't go with me, I don't pay for crypto, because that would be giving power to governments, landowners who have to give them some of that Just because they are governments, so it's not the Idea.

I know that many think Differently than me , and I reply to those who want to pay their taxes to a government (despite the fact that some countries do not have laws for that) but that is not the case, I would not pay, if they would have income from the not to be Governed by those who enter the country, where they could give some of that good percentage to each one of the people, well perhaps, but rather a government tries to take away from its People through taxes, and more to those who use bitcoi, because that is not right, at least for me it is not, because taking advantage of a technology that Satoshi made only to free himself from the long arm of governments, banks, and third parties that point in favor of them, Well, I don't see how we collaborate in that, in fact, the person who pays taxes for crypto makes those who don't pay crypto look bad, because a Government says that those who do pay is because others can too, and no, of course, I'm point of view and I believe that many in the forum must feel Identified with my way of Thinking.

This is one disadvantage of Gambling to the society as it makes the youth or those that are gambling without discipline to be a nuisance to the society but gambling has it benefits to the society too and that's what this thread is all about and one importance is job opportunities.

Casino located in any neighbors provide job opportunity for those staying in that neighborhood or other close by neighborhood that the distance between where the worker is staying and the casino isn't far from each other. There are many jobs that can be done by residents.

Casino also bring tourism and increase the revenue of a state, example Las Vegas benefits from all the casino that they have in the state as people come fr all around the world for tourism to the state and other businesses that are in the state benefits like hotels, bar and other

The government needs to control that the income from gambling flows in the country, and doesn't go to others. This was easy to do before there was online gambling. Now the user can lose his money in different jurisdictions (country). But basically, you still have to pay tax on winnings in your own country.Also, the government should not spread gambling too much, because if too many citizens in the country start playing it, this can have a bad effect on their lives. Still, these are also taxpayers who need to be protected. Therefore, the best way is to let everyone play, but limited.

Gambling is something totally different from a religious practice or believe because even with being religious, there's nothing bad in making friendliness through gambling on leisure time, gambling should be pictured by the people as a means of their coexistence in living together, the society we lived in is so big that we need to learn how to relate well with one another and have pleasurable moments together, this applies to when we gambles and also have a religious practice altogether and everyone been satisfied with the way they lived altogether in the society

Keep total dependence on reliable source of income and definitely not gambling. Before we enter the system, we should be aware of the most significant advantages and consequences, which are the risks we encounter without carefully examining our roadmaps to follow. Gambling is ubiquitous and has existed since the prehistoric chronological age. The system is probably not for everyone; it has favored some while disappointing others as well. Gambling has had beneficial as well as detrimental impacts on society; it influences the minds of individuals and activities in one way or another.

One thing about the gambling industry in some countries is they are a source of funds for the government and they cannot just let it close whenever they want because the money they get from it is huge. from taxes to some under-the-curtain gifts are many we just don't know about it. However, they limit the games and only a few are legal the rest are not allowed. In our country government only allowed Lottery and Cock fighting because it produce lots of money for them.

last week the government of my country released a report in which they said that they managed to obtain a lot of money with the taxes that they charge from the casinos in my country and they also said that the casinos in my country are helping the tourism sector a lot and are creating more employment, this shows that it is important to have gambling in a country, for example in the case of my country, gambling is a good form of fun, the games are played in casinos and restaurants and this reduces their exposure in the world of crime Of course, excessive gambling is also very harmful, it leads to addiction, leads to drugs, leads to suicide and the world of crime.

but when this gambling industry is well managed and controlled by governments then it manages to improve the lives of many people, such as providing jobs and generating taxes for the government and promoting tourism, now another big and serious problem that a physical casino has created and that the politicians in power use the physical casino to launder money and finance their criminal workers and this causes the mafia and drug lords in these countries. Unfortunately, politicians don't like to follow a good path, they always want to use any means to achieve their goals

we just need to see that there is a scam online casino, and it is well known all over the world with many accusations of scam, but even so, this casino still continues to sponsor teams from the French league, Spanish and Italian league, honestly it is something that I wonder if many politicians There is still salvation. But leaving the negative parts of casinos, the positive part is what should count, governments should take a good look at casinos because they can greatly improve a society if done with good government management