Importance of Gambling to the society - page 16.

CryptoBuds

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Quote from: Pandu Geddon on August 31, 2023, 07:53:57 AM

Quote from: zuzie on August 31, 2023, 05:56:18 AM

In general, gambling is not important for society because basically it will have a negative impact and harm yourself and other people around you, but on the contrary, if a country legalizes gambling, it will actually benefit that country, because of the possible taxes that bookies have to pay to the government.

if society consisted of mostly gamblers I would have nothing to lose. especially if the country legalizes gambling. even at offline casinos you can meet and share experiences with other players. not to mention the government which gets income from taxes as you said. Gambling will harm society if it is in the wrong place.

Quote from: zuzie on August 31, 2023, 05:56:18 AM

However, it is different if the gambler is said to be a professional gambler, it is very likely that he always gets lucky or wins and loses a little.

professional gamblers are not those who are always in luck or always in victory when playing. they only understand the right time to bet and continue the game or to stop the game before all the capital runs out.
that kind of control that professional gamblers have. In fact, they can't escape losing in the game.

^ Nobody can expect to win continuously. Even professional gamblers are not winning on a consistent basis. One day they are winning and one day they are losing. On the day they are winning, they tend to try their luck. And whenever they see the first sign of problem are lost, they do not play anymore. That's also what they do when they are losing. If they are losing, they do not start to think that they will make money on that day. They put their ego aside and they stop playing. But most of the people who gamble cannot do that. And it does not matter who is gambling, you always have to control emotions if you wanna survive long run.

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Quote from: Gozie51 on August 31, 2023, 08:20:43 AM

Meanwhile regards to the angle you are looking at on the impact it has on the gambler, it is just as the cigarettes companies. You are not forced to smoke just like you are not forced to gamble. Gamblers aim for the multiplier at their own peril.

Maybe that's one of the effects for gamblers, only the users themselves have to think about the effects and risks caused by gambling, just like people smoking, there are effects and risks.

But for me the impact and effect caused the community to gamble varies, of course there are positives and negatives, from one good side if I think gambling is good the first one can make money if they are lucky and can help other people with their money, On the other hand, instead of being a drug dealer, it's better to gamble, drugs have a widespread bad effect on society, but gambling only has an effect on ourselves, whether it's winning or losing.

I once saw someone whose life and days were spent gambling online, but that person was very generous and always helped those in need, maybe that in my opinion is a positive impact on the gambling community.

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Quote from: Popkon6 on August 28, 2023, 01:41:49 PM

The people of the country where gambling is legal are suitable for that gambling. Especially we indulge in online gambling but if we face loss in gambling then surely money goes away from us and later we have to face huge suffering. Especially for our society this gambling is absolutely destructive. Because I have seen most of the gamblers stick to gambling continuously for a long period of time as a result of which they tend to face the biggest losses and engage in various bad activities in the society. So I think this kind of gambling is a confusing phenomenon from society's point of view.

Gambling is a big problem for any society. As well as Usery and interest. Anyway, let's talk about gambling for now. I don’t think people who gamble actually realise that they are just making the rich people richer and poor people suffer more. Most of the time it is the poor people who are actually gambling their money away. Four people do not realise that there is no actual scenario in which they will win in gambling. The odds are highly favoured towards the gambling houses. And who are the people owning that gambling houses or casinos? They are rich people.

Sometimes poor people have a payment to make and they have only half the money they need. So they try to gamble and make the other half and in the process most of the time they even lose the money they had in the first place. Gambling is not a money-making machine, it could give you a refreshed mind if you have enough money to afford to lose.

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Quote from: zuzie on August 31, 2023, 05:56:18 AM

In general, gambling is not important for society because basically it will have a negative impact and harm yourself and other people around you, but on the contrary, if a country legalizes gambling, it will actually benefit that country, because of the possible taxes that bookies have to pay to the government.
However, it is different if the gambler is said to be a professional gambler, it is very likely that he always gets lucky or wins and loses a little.

You won't say gambling is not important to the society even though I feel you made that statement because of op's choice of topic. What he is trying to narrate is the importance of gambling companies to the society. Casinos are like business organizations through which government raise money from in taxes that they are charged for operating in their jurisdiction. So such taxes are used to develop the society and building infrastructures. Like some companies also have MoU (Memorandum of Understanding) to help the society in aspects of giving scholarship and other social responsibilities to the society where they are but I don't know if casinos are that big and established to carry out such obligations, I know they are taxed anyway.

Meanwhile regards to the angle you are looking at on the impact it has on the gambler, it is just as the cigarettes companies. You are not forced to smoke just like you are not forced to gamble. Gamblers aim for the multiplier at their own peril.

Pandu Geddon

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Quote from: zuzie on August 31, 2023, 05:56:18 AM

In general, gambling is not important for society because basically it will have a negative impact and harm yourself and other people around you, but on the contrary, if a country legalizes gambling, it will actually benefit that country, because of the possible taxes that bookies have to pay to the government.

if society consisted of mostly gamblers I would have nothing to lose. especially if the country legalizes gambling. even at offline casinos you can meet and share experiences with other players. not to mention the government which gets income from taxes as you said. Gambling will harm society if it is in the wrong place.

Quote from: zuzie on August 31, 2023, 05:56:18 AM

However, it is different if the gambler is said to be a professional gambler, it is very likely that he always gets lucky or wins and loses a little.

professional gamblers are not those who are always in luck or always in victory when playing. they only understand the right time to bet and continue the game or to stop the game before all the capital runs out.
that kind of control that professional gamblers have. In fact, they can't escape losing in the game.

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Quote from: Beparanf on August 05, 2023, 12:29:03 PM

This board has a lot of topic that comprises with the negativity about gambling addiction. Let’s change it for now to support the casino we are promoting here.

Gambling is important to the society because it provides huge taxes that government use on hospitals, infrastructure and other projects to help its citizens. Monacco country is popular with their casino but they don't allow its citizen to play. This shows how important gambling in their country because they still allowed to operate it even though they don't want citizens to be involved.

In our country, Our lottery use the proceeds to donate on the health center that provides free health service to our citizens.

Even if gambling commonly view as negative by commoner. Many didn't notice how big is the contribution of gambling to the society.

In many countries, gambling platforms now pay a large amount of tax, so the government can collect a large amount of money from this platform, which can again be spent on human welfare. A large number of jobs are being created due to the growth of the gambling industry. Various service companies are also increasing. Especially in different countries of the world, different types of service institutions are being increased with the money raised through government lotteries, so we can say that gambling is making a big contribution to the society.

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In general, gambling is not important for society because basically it will have a negative impact and harm yourself and other people around you, but on the contrary, if a country legalizes gambling, it will actually benefit that country, because of the possible taxes that bookies have to pay to the government.
However, it is different if the gambler is said to be a professional gambler, it is very likely that he always gets lucky or wins and loses a little.

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Quote from: Zlantann on August 21, 2023, 07:29:07 PM

Most governments rely on the revenue that gambling firms pay to them. Such funds can come in the form of licenses, taxes, rates, and other revenue obligations. Gambling firms also give back to society through diverse social corporate programs. I have seen gambling firms provide infrastructure to host communities and also give scholarships. Most of these firms offer employment opportunities to many people in society. Many families depend on employment in bet shops to survive. They also promote and sponsor sporting activities that help to entertain society. I will not also fail to add that gambling has also made some people in society rich. Some people never thought they will ever be rich, but they have become rich through gambling. Offline or in-house casinos offer so many social services. In some cases, people gather there to enjoy games and drinks and also socialize.

The money that these gambling firms use on all these things that you consider are beneficial for society, where do you think that money comes from? Isn't it the money that those firms have earned through the same society when the people from that society gamble with them? And think about it for a moment, Would you enjoy drinks and games in a social gathering sponsored by a gambling firm if you had lost everything you had to that firm?

The thing is, the positive things that these firms perform for society are actually because a large part of that society has lost a lot of money to these firms, so if we look at it that way, gambling isn't really a blessing for a society just because they do a few things that cause betterment for the society.

Popkon6

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The people of the country where gambling is legal are suitable for that gambling. Especially we indulge in online gambling but if we face loss in gambling then surely money goes away from us and later we have to face huge suffering. Especially for our society this gambling is absolutely destructive. Because I have seen most of the gamblers stick to gambling continuously for a long period of time as a result of which they tend to face the biggest losses and engage in various bad activities in the society. So I think this kind of gambling is a confusing phenomenon from society's point of view.

Westinhome

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Quote from: dothebeats on August 28, 2023, 01:18:59 PM

Gambling provides a boost, though not as huge as other industries. It also depends on where you are. Obviously, those who are in places wherein gambling is completely legal and commands a huge playerbase, they'll get a lot of economic value from gambling. It provides jobs, gives a lot of taxes, and overall those players will have to spend their money somewehere else. It may not be the best industry to grace the economy of a country, but it sure helps.

In many countries the gambling are legal one,many people using the gambling as the legal one.The people from Muslim community will consider it as an offence.But we can’t say anything to that,because we should respect all the religion so the same will be reflected to us.The only important thing is all should consider the gambling as a game,the game is a game.Since the money was involved and some get loss,it may be the reason for the Muslim religion against it.The gambling had changed the life of many people specially the lottery winners from the gambling will change their life using the winning money from the gambling.

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Quote from: goldkingcoiner on August 28, 2023, 01:06:49 PM

Quote from: Beparanf on August 05, 2023, 12:29:03 PM

This board has a lot of topic that comprises with the negativity about gambling addiction. Let’s change it for now to support the casino we are promoting here.

Gambling is important to the society because it provides huge taxes that government use on hospitals, infrastructure and other projects to help its citizens. Monacco country is popular with their casino but they don't allow its citizen to play. This shows how important gambling in their country because they still allowed to operate it even though they don't want citizens to be involved.

In our country, Our lottery use the proceeds to donate on the health center that provides free health service to our citizens.

Even if gambling commonly view as negative by commoner. Many didn't notice how big is the contribution of gambling to the society.

Reference for this topic: https://harbert.auburn.edu/binaries/documents/center-for-ethical-organizational-cultures/debate_issues/gambling.pdf

What is the benefits of gambling to your society?

I think the biggest benefit of gambling to society is learning a hard lesson on the value of money and how to better assess and weigh risk/profit situations.

And, I may be completely wrong here, and this might be a total misunderstanding of how trickle-down economics work, but does gambling not provide a huge boost for the economy? A lot of money goes into casinos and all those casinos have gigantic spending budgets which they use for various costs, advertising, hiring, services and so on. Of course assuming that most of the profits do not go straight into the pockets of the casino owners. But even something like that could be circumvented with a kind of DAO casino where use of profits are voted for. Perhaps future casinos will be powerful economic powers?

Gambling provides a boost, though not as huge as other industries. It also depends on where you are. Obviously, those who are in places wherein gambling is completely legal and commands a huge playerbase, they'll get a lot of economic value from gambling. It provides jobs, gives a lot of taxes, and overall those players will have to spend their money somewehere else. It may not be the best industry to grace the economy of a country, but it sure helps.

imamusma

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I don't think the gambling industry is important to some people, but it could be important to others. Basically this industry needs society to develop, not the other way around. The government uses the gambling industry to make money through various regulations, but of course we must not forget that the fact is that the gambling industry really needs the society.

I would not say otherwise just because I use a gambling platform signature, I don't think we need to delude ourselves just to say something true. The government and the gambling industry are in a win-to-win situation, meaning that both are more concerned with profit than taking full responsibility for the gamblers' problems.

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Quote from: Beparanf on August 05, 2023, 12:29:03 PM

This board has a lot of topic that comprises with the negativity about gambling addiction. Let’s change it for now to support the casino we are promoting here.

Gambling is important to the society because it provides huge taxes that government use on hospitals, infrastructure and other projects to help its citizens. Monacco country is popular with their casino but they don't allow its citizen to play. This shows how important gambling in their country because they still allowed to operate it even though they don't want citizens to be involved.

In our country, Our lottery use the proceeds to donate on the health center that provides free health service to our citizens.

Even if gambling commonly view as negative by commoner. Many didn't notice how big is the contribution of gambling to the society.

Reference for this topic: https://harbert.auburn.edu/binaries/documents/center-for-ethical-organizational-cultures/debate_issues/gambling.pdf

What is the benefits of gambling to your society?

I think the biggest benefit of gambling to society is learning a hard lesson on the value of money and how to better assess and weigh risk/profit situations.

And, I may be completely wrong here, and this might be a total misunderstanding of how trickle-down economics work, but does gambling not provide a huge boost for the economy? A lot of money goes into casinos and all those casinos have gigantic spending budgets which they use for various costs, advertising, hiring, services and so on. Of course assuming that most of the profits do not go straight into the pockets of the casino owners. But even something like that could be circumvented with a kind of DAO casino where use of profits are voted for. Perhaps future casinos will be powerful economic powers?

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Quote from: leonair on August 28, 2023, 08:49:03 AM

Quote from: swogerino on August 05, 2023, 01:45:18 PM

Gambling can bring great revenue to the governments but I don't see any benefits to the societies,in fact it can only bring really bad things,like in the country where I live from some years where at a certain time a lot of people became addicted in the sense that they could not stay without gambling and they were spending money they could not afford to lose like money they get for food and other important money.At a certain point the government intervened and ban all of the offline gambling while letting only online ones,a few to play,so I don't see any other benefits except taxes to the government while for society can have more harm than benefit.

Gambling is able to generate revenue for many countries where gambling is legal but not for all countries. Because in the country where a gambling is conducted gamblers lose when they gamble. then the money goes to that country. People from all over the world gamble especially in online casinos. So the money of different countries goes to that country. It may play an important role for that country but not for the society. Gambling perversely destroys a society.

This is true and has happened in many countries. Even those who have legalized gambling have to face the fact that the level of addiction in society has started to increase or is already high. It cannot be denied that gambling has given hope to people to gamble to get money, so it keeps people playing gambling even to the point of spending a lot of money. The fact is that gambling has a bad influence on people's lives and makes them lazy to work to earn money instead of using gambling to make money where it will be difficult for them to get it.

The government may be serious about limiting the space for offline gambling. Still, they can only block online casino sites because people already know how to visit the casino if their connection is blocked. And this blocking has not stopped people from continuing to gamble because it has become a habit for them.

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Quote from: leonair on August 28, 2023, 08:49:03 AM

Gambling is able to generate revenue for many countries where gambling is legal but not for all countries. Because in the country where a gambling is conducted gamblers lose when they gamble. then the money goes to that country. People from all over the world gamble especially in online casinos. So the money of different countries goes to that country. It may play an important role for that country but not for the society. Gambling perversely destroys a society.

IMO, all countries that gambling is allowed are generating money from taxes so that makes it as the lifeblood of the country especially if their main source of service is gambling like Monaco, Macao and other cities that have became a gambling hub.

While for the society, you said the truth about it. As we see the benefit for the majority or for the country itself, the impact of it also has a recoil not for the economy directly but for its citizens that are experiencing gambling addiction and losses a lot of money. So they also lose their purchasing and consumption power.

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Quote from: leonair on August 28, 2023, 08:49:03 AM

Quote from: swogerino on August 05, 2023, 01:45:18 PM

Gambling can bring great revenue to the governments but I don't see any benefits to the societies,in fact it can only bring really bad things,like in the country where I live from some years where at a certain time a lot of people became addicted in the sense that they could not stay without gambling and they were spending money they could not afford to lose like money they get for food and other important money.At a certain point the government intervened and ban all of the offline gambling while letting only online ones,a few to play,so I don't see any other benefits except taxes to the government while for society can have more harm than benefit.

Gambling is able to generate revenue for many countries where gambling is legal but not for all countries. Because in the country where a gambling is conducted gamblers lose when they gamble. then the money goes to that country. People from all over the world gamble especially in online casinos. So the money of different countries goes to that country. It may play an important role for that country but not for the society. Gambling perversely destroys a society.

Not all gambling is destructive, okay? Yes, I'm serious. Countries can reap huge financial benefits from well-regulated gambling industries. The money doesn't just evaporate; it gets circulated into the economy - think jobs, think revenue, think societal benefits in a roundabout way

But here's where you're wrong: your theory doesn't account for responsible gambling. Plenty of people enjoy a game of blackjack or a spin of the roulette wheel and don't end up in the gutter. Trust me, I know, I've been around the block. The notion that gambling destroys society is a gross oversimplification. It's just like saying Wall Street is bad for America. Are there drawbacks? Absolutely. But it's a two-sided coin, my friend. Get the facts straight

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Quote from: Beparanf on August 05, 2023, 12:29:03 PM

This board has a lot of topic that comprises with the negativity about gambling addiction. Let’s change it for now to support the casino we are promoting here.

Gambling is important to the society because it provides huge taxes that government use on hospitals, infrastructure and other projects to help its citizens. Monacco country is popular with their casino but they don't allow its citizen to play. This shows how important gambling in their country because they still allowed to operate it even though they don't want citizens to be involved.

In our country, Our lottery use the proceeds to donate on the health center that provides free health service to our citizens.

Even if gambling commonly view as negative by commoner. Many didn't notice how big is the contribution of gambling to the society.

Reference for this topic: https://harbert.auburn.edu/binaries/documents/center-for-ethical-organizational-cultures/debate_issues/gambling.pdf

What is the benefits of gambling to your society?

I won't how many online casinos are paying taxes and helping the country of operation to grow, I find it hard to believe because many casinos that are running online are not doing anything, many just turned to scam out of no where, if the government is benefiting from such online casinos the government should be able to take responsibility and find them out where ever they run to, but that's not what's happening.

I think it's better to say that all offline casinos are paying taxes but not the online, there are reasons why many scam casinos are running for years until they decide to run away with users assets and money, if they are really registered and regulated where will they run to?

Most benefits that comes from casinos into the country they are running the projects from are offline casinos, I believe that only few online casinos are paying their dues and helping the government.

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Quote from: leonair on August 28, 2023, 08:49:03 AM

Quote from: swogerino on August 05, 2023, 01:45:18 PM

Gambling can bring great revenue to the governments but I don't see any benefits to the societies,in fact it can only bring really bad things,like in the country where I live from some years where at a certain time a lot of people became addicted in the sense that they could not stay without gambling and they were spending money they could not afford to lose like money they get for food and other important money.At a certain point the government intervened and ban all of the offline gambling while letting only online ones,a few to play,so I don't see any other benefits except taxes to the government while for society can have more harm than benefit.

Gambling is able to generate revenue for many countries where gambling is legal but not for all countries. Because in the country where a gambling is conducted gamblers lose when they gamble. then the money goes to that country. People from all over the world gamble especially in online casinos. So the money of different countries goes to that country. It may play an important role for that country but not for the society. Gambling perversely destroys a society.

Gambling does have a very high tax rate in its operations, of course, this provides a large income for the government that grants licenses to carry out gambling activities in their area, but this is irrelevant for the benefit of society, because on average, from what we pay attention to, it makes people miserable.
But this must be underlined, that what is happening in the eyes of the public is gambling to get money and multiplying it, but there is no gambling that deliberately wants to multiply the money deposited to the casino.
Of course, even though we educate people about gambling just for fun, it seems difficult to say that, they tend to think more about wanting to get easy money by betting it on gambling.

Indirectly it does have benefits if the tax is obtained for the development of the area, but if it is corrupted by the government itself I think which benefit should be read.

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Quote from: leonair on August 28, 2023, 08:49:03 AM

Quote from: swogerino on August 05, 2023, 01:45:18 PM

Gambling can bring great revenue to the governments but I don't see any benefits to the societies,in fact it can only bring really bad things,like in the country where I live from some years where at a certain time a lot of people became addicted in the sense that they could not stay without gambling and they were spending money they could not afford to lose like money they get for food and other important money.At a certain point the government intervened and ban all of the offline gambling while letting only online ones,a few to play,so I don't see any other benefits except taxes to the government while for society can have more harm than benefit.

Gambling is able to generate revenue for many countries where gambling is legal but not for all countries. Because in the country where a gambling is conducted gamblers lose when they gamble. then the money goes to that country. People from all over the world gamble especially in online casinos. So the money of different countries goes to that country. It may play an important role for that country but not for the society. Gambling perversely destroys a society.

What you mentioned is true, but the same doesn't contribute to the economy. The real flow is towards the respective gambling platform, being legal in specific countries get a revenue out of the taxation. Specific countries give access to the registration of gambling platforms and gives support from registered trustworthy authorities and games providers. The only good out of gambling happens to the lucky ones. In terms of contribution to the economy in recent years it have turned as a billion dollar industry.

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Quote from: swogerino on August 05, 2023, 01:45:18 PM

Gambling can bring great revenue to the governments but I don't see any benefits to the societies,in fact it can only bring really bad things,like in the country where I live from some years where at a certain time a lot of people became addicted in the sense that they could not stay without gambling and they were spending money they could not afford to lose like money they get for food and other important money.At a certain point the government intervened and ban all of the offline gambling while letting only online ones,a few to play,so I don't see any other benefits except taxes to the government while for society can have more harm than benefit.

Gambling is able to generate revenue for many countries where gambling is legal but not for all countries. Because in the country where a gambling is conducted gamblers lose when they gamble. then the money goes to that country. People from all over the world gamble especially in online casinos. So the money of different countries goes to that country. It may play an important role for that country but not for the society. Gambling perversely destroys a society.

Topic: Importance of Gambling to the society - page 16. (Read 2606 times)