Well, for the country where gambling is legalized, it contributes in generating revenue for the country through the tax that those casinos are paying. With the new enacted law in some country according to news, some country made it compulsory for gamblera to pay tax too. So, gambling is really generating revenue and it's not a bad idea at all that the prime minister of Thailand decided to approve gambling in the country. The idea is not to only stop illegal gambling, definitely the government will big in a big advantage too, because those casinos will be taxed. I don't even know the reason why any country will ban gambling, meanwhile it's a fun activity that can benefit the country.
True gambling industry both generates tax revenue from the gambling host and gamblers which is very favorable to the government. Aside from these taxes, they also generates jobs to the citizen from the infrastructure construction to customer service jobs which in addition creates more tax to the government.
What is more appealing is that many gambling companies pledge donations to charity institutions which further help support people who are in need. In my country, the gambling industry is one of the major supporters of charity institutions. They provide donations and financial support to people who need funding for their medical care and many other stuff.
Indeed, the gambling sector does play its role in significantly contributing towards tax revenues and job opportunities, two vital aspects for any government. But as much as we talk about numbers, let's not forget those social contributions; those donations to charitable institutions that often come out of the industry's pockets. It may always be a topic for debate, but truth be told: the gambling industry does have a positive real effect on society plus government, irrespective of how it is looked at.
Moreover, the gambling industry, through contributions like infrastructure development and job creation in hospitality, restaurants, and entertainment sectors, elevator local economies which consequently enhances the standard of living for people within those vicinities.
Nevertheless, it is also important to effectively manage and supervise this sector in a smart way so as not to eliminate the negative impact, gambling addiction. With proper regulation and with social responsibility taken by gambling companies, the flow of benefits to the economy and society through this industry will continue to expand plus support society meaningfully in a sustainable manner.
