Why should Gambling be legalized ? | Bitcointalksearch.org

KTChampions

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Quote from: kryptqnick on January 01, 2022, 07:52:31 AM

I see the discussions in this thread largely focus on profits, but I believe there's a different main reason why gambling should be legal. I think that it's a simple and reasonable idea that an adult should be allowed to do whatever they want to themselves, as long as this doesn't harm others. So legalizing gambling is an easy yes for me (gambling is legal in my country, by the way, and was very abundant even when it wasn't legal). There's addiction, but it's not more common than alcohol addiction, and yet alcohol is usually legal. I would, however, make some strict regulations for both alcohol and gambling, when it can pose a threat to others. So, for instance, I think that people who are legal guardians of children under 18 should be obliged not to use the minimum amount of money necessary for food, shelter and medication of them and their children for gambling or alcohol because this can lead to very harmful consequences for others. But enforcing such rules may prove to be difficult.

Quite right. Talking about the profitability of something while forgetting about the principles is a very slippery slope that will not lead to anything good. Violating the freedom of people is in any case a bad idea, even if such a desire arises from good intentions, we have seen this in history many times.

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Quote from: kryptqnick on January 01, 2022, 07:52:31 AM

But enforcing such rules may prove to be difficult.

I think a lot of your arguments make a lot of sense, if applied also to adults and not only those who are under the age of 18. We need to remember that gambling can be an addiction for anyone at any age. And gambling away your minimum amount of money which is necessary for things like food, clothes and rent, should be protected from gambling. Whether enforcing laws or rules is possible, is doubtful but necessary.

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I see the discussions in this thread largely focus on profits, but I believe there's a different main reason why gambling should be legal. I think that it's a simple and reasonable idea that an adult should be allowed to do whatever they want to themselves, as long as this doesn't harm others. So legalizing gambling is an easy yes for me (gambling is legal in my country, by the way, and was very abundant even when it wasn't legal). There's addiction, but it's not more common than alcohol addiction, and yet alcohol is usually legal. I would, however, make some strict regulations for both alcohol and gambling, when it can pose a threat to others. So, for instance, I think that people who are legal guardians of children under 18 should be obliged not to use the minimum amount of money necessary for food, shelter and medication of them and their children for gambling or alcohol because this can lead to very harmful consequences for others. But enforcing such rules may prove to be difficult.

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Quote from: AicecreaME on January 01, 2022, 07:35:48 AM

The sad truth behind the taxes they get is they are putting it in their personal pockets, only few percentage of that is getting spend on their projects for their country.

Among the many considerations of the efficacy and feasibility of legalizing gambling in a country, including such religion, culture, existing justice system, taxation and even gambling addiction, I also think that the consistency of its implementation is a significant challenge. If gambling will be legalized then it must be also guaranteed that the system is not subject to be manipulated and abused by those positioned to have power.

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Gambling legalization only exist because of the things you've already mentioned OP. The government always want to earn money from things that they think that are going to give them a lot of money in a way which it will look that they are not stealing it. The sad truth behind the taxes they get is they are putting it in their personal pockets, only few percentage of that is getting spend on their projects for their country.

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Quote from: Fundamentals Of on December 31, 2021, 09:54:16 PM

Actually if we look at the countries where gambling is illegal, they are mostly Moslem countries. In these countries, it is not a matter of choosing whether money is more important than the possibility of having some of their people addicted to it. Gambling is illegal to many countries because it is prohibited by their religion. So it's probably not going to be made legal in the near future unless there is a change of their religion's prohibitions or their interpretations.

Yes, most of the country that doesn't legalized gambling are those muslim country, its not because the government didn't want to legalized it but because it is against their religion. I think it is impossible for this countries to legalized gambling and besides those Muslim countries are one of the richest countries in the world so I think it would not be a missing piece on their economy if they would not going to legalized gambling.

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Quote from: Fundamentals Of on December 31, 2021, 09:54:16 PM

Quote from: michellee on December 31, 2021, 02:28:21 AM

Quote from: Fundamentals Of on December 30, 2021, 09:22:41 PM

Things will now depend on prioritization by the government. Which has more weight, that there will be a significant amount of revenue that the government could earn from gambling operations or that there will be a rise in addiction and individuals who need professional treatment? What is more important to the government, money or people? The trend happening now in developed countries especially in Europe is that gambling regulations are now becoming more strict than ever.

The government will consider that money is more important for them as they still need money to run the economy after the Covid attack. But they also need to think about their people and the impact of legalising gambling for their country because that can trigger another problem that will not be easy to solve. The chances for gambling to get legalized are still wide open, especially in a country that prohibited gambling before. But it will not happen too fast as we expect because the government will discuss this with all of their staff.

Actually if we look at the countries where gambling is illegal, they are mostly Moslem countries. In these countries, it is not a matter of choosing whether money is more important than the possibility of having some of their people addicted to it. Gambling is illegal to many countries because it is prohibited by their religion. So it's probably not going to be made legal in the near future unless there is a change of their religion's prohibitions or their interpretations.

In Muslim countries, they indeed prohibit gambling and consider gambling is illegal. But we do not know what happens in the underground because in some countries, they have illegal gambling facilitates that accommodate the gamblers to gamble. But yes, they will not break their own rules just because of money unless they have many corrupt officials who are only concerned about making as much money as possible. This is a serious matter because it will be related to all people in that countries and if the government can not be wise making their regulation, that can make them in trouble in the future.

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Quote from: michellee on December 31, 2021, 02:28:21 AM

Quote from: Fundamentals Of on December 30, 2021, 09:22:41 PM

Things will now depend on prioritization by the government. Which has more weight, that there will be a significant amount of revenue that the government could earn from gambling operations or that there will be a rise in addiction and individuals who need professional treatment? What is more important to the government, money or people? The trend happening now in developed countries especially in Europe is that gambling regulations are now becoming more strict than ever.

The government will consider that money is more important for them as they still need money to run the economy after the Covid attack. But they also need to think about their people and the impact of legalising gambling for their country because that can trigger another problem that will not be easy to solve. The chances for gambling to get legalized are still wide open, especially in a country that prohibited gambling before. But it will not happen too fast as we expect because the government will discuss this with all of their staff.

Actually if we look at the countries where gambling is illegal, they are mostly Moslem countries. In these countries, it is not a matter of choosing whether money is more important than the possibility of having some of their people addicted to it. Gambling is illegal to many countries because it is prohibited by their religion. So it's probably not going to be made legal in the near future unless there is a change of their religion's prohibitions or their interpretations.

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Quote from: Lucasgabd on December 31, 2021, 10:05:02 AM

I think the point of "creating jobs" as being a positive energy is not deep enough
with the raise of AI lots of jobs will be destroyed and new ones will be created

we don't simply need jobs if they are empty and have no meaning, finding purpose could go much deeper

That's really a valid point. With the technology that are innovating these days, a lot of jobs not only in the gambling sector are starting to become automated.

What it has to happen is what you've said, the purpose. A company can just dispose any of their employee at any time when they've successfully made a replacement of it when their AI is already and in effect.

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It is indeed better to regulate gambling and make it legal instead of putting a ban to it. Like you said, people will always find a way to gamble and do it illegally. Doing that illegally would in return cause more damage than doing it legally. The government can collect revenue which can help develop the economy. Regulating it allows the government to actually know what is going on in the industry. This will also help reduce both physical and financial crimes. Not only this, it will help the industries to identify gambling addicts and help them as needed. Sadly, there are some countries that put a total ban on gambling, yet their people still gambles in one way or the other.

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Quote from: samcrypto on December 31, 2021, 04:15:51 PM

Quote from: wxa7115 on December 31, 2021, 04:12:15 PM

Quote from: delfastTions on December 31, 2021, 09:54:52 AM

In his first post, the OP listed many arguments for legalizing gambling. I would like to note that, of course, taxes from gambling casinos will increase and jobs will also appear. And many other positive things will arise from this.
But I myself am not a supporter of the full legalization of gambling for the reason that if they become 100% legal, the time spent by the players at the game will immediately increase. Cash flows will increase. People will be distracted from their main job, a lot of people will fall ill with gambling addiction. The entire community in such a country can only suffer from this. This is why I am not a supporter of legalization

But then what you propose? And what form it could take a partial legalization of gambling? Is that even possible?

I say this because I do not see any kind of middle ground here, gambling is either illegal or legal, now maybe you mean to only legalize certain games while keeping illegal other games as a partial legalization of gambling, but I do not think this is even going to work, besides even if we know that some people get addicted to gambling, we need to ask ourselves the question what is the best for the country? And to me it is clear legalizing gambling is the best out of the two options.

They have to analyzed well to balance things, because the priority of the government is not the gambler itself, the real priority here is for them to collect more taxes to funds their projects, so making gambling legal can be more effective since people will have to solve their personal problem especially with that addiction. Again, some country will never make gambling legal because of their religion belief, let’s accept this fact.

They are more concerned about the tax and government income neglecting to see the benefits to give for the people. The government will find a way to urge crypto holders to pay their obligation and we have nothing to do with that. We can't escape such a thing as they will surely hunt individuals who never do this. However, we gonna think that it was good for the gamblers and to help illegal gambling to be stopped and to avoid any scam attempt that causes losses for the newcomers. But this never stops addiction, it still be happening as long as gambling still exist.

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Quote from: wxa7115 on December 31, 2021, 04:12:15 PM

Quote from: delfastTions on December 31, 2021, 09:54:52 AM

In his first post, the OP listed many arguments for legalizing gambling. I would like to note that, of course, taxes from gambling casinos will increase and jobs will also appear. And many other positive things will arise from this.
But I myself am not a supporter of the full legalization of gambling for the reason that if they become 100% legal, the time spent by the players at the game will immediately increase. Cash flows will increase. People will be distracted from their main job, a lot of people will fall ill with gambling addiction. The entire community in such a country can only suffer from this. This is why I am not a supporter of legalization

But then what you propose? And what form it could take a partial legalization of gambling? Is that even possible?

I say this because I do not see any kind of middle ground here, gambling is either illegal or legal, now maybe you mean to only legalize certain games while keeping illegal other games as a partial legalization of gambling, but I do not think this is even going to work, besides even if we know that some people get addicted to gambling, we need to ask ourselves the question what is the best for the country? And to me it is clear legalizing gambling is the best out of the two options.

They have to analyzed well to balance things, because the priority of the government is not the gambler itself, the real priority here is for them to collect more taxes to funds their projects, so making gambling legal can be more effective since people will have to solve their personal problem especially with that addiction. Again, some country will never make gambling legal because of their religion belief, let’s accept this fact.

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Quote from: delfastTions on December 31, 2021, 09:54:52 AM

In his first post, the OP listed many arguments for legalizing gambling. I would like to note that, of course, taxes from gambling casinos will increase and jobs will also appear. And many other positive things will arise from this.
But I myself am not a supporter of the full legalization of gambling for the reason that if they become 100% legal, the time spent by the players at the game will immediately increase. Cash flows will increase. People will be distracted from their main job, a lot of people will fall ill with gambling addiction. The entire community in such a country can only suffer from this. This is why I am not a supporter of legalization

But then what you propose? And what form it could take a partial legalization of gambling? Is that even possible?

I say this because I do not see any kind of middle ground here, gambling is either illegal or legal, now maybe you mean to only legalize certain games while keeping illegal other games as a partial legalization of gambling, but I do not think this is even going to work, besides even if we know that some people get addicted to gambling, we need to ask ourselves the question what is the best for the country? And to me it is clear legalizing gambling is the best out of the two options.

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Quote from: hahay on December 31, 2021, 11:48:59 AM

Quote from: aioc on December 31, 2021, 10:20:33 AM

Gambling here in our country is legal and it's one industry that contributes to the coffer of our government it is sustaining our health industry because a huge chunk of taxes and revenues are going to the government and they are giving millions of people new jobs directly and indirectly, in fact, new jobs are created to support the gambling industry, some of the casinos here in our country have hotels and restaurants and it depends in the gambling industry to sustain their operation, yeah jobs and taxes are two best reasons why gambling should be legalized.

It is a big industry and of course when the impact of having a casino building operating, then at least there will always be other supporting factors that are also built around it. This of course makes it easier for many people to find work, it certainly makes the economy grow faster. But unfortunately, not all countries have the same culture and at least that is the reason when there are still some countries that do not legalize the gambling industry.

I think as far as I remember, gambling in Dubai is illegal as it is sanctioned under their laws. While their country may have abundant supply of oil and minerals which contribute to their overall wealth and status, I do think that they are missing out an opportunity to provide an extra streamline of revenue on their part.

Then again, this leads to a conflict between the morality and the laws of a country. While I do understand that Dubai is part of the UAE where they view gambling as an illicit act, there has to be some compromise needed to at least exercise this wasted opportunity of earning more- which will ultimately benefit the public.

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Quote from: fiulpro on December 29, 2021, 11:40:08 AM

Time and again we have heard numerous arguments from economists and the government regarding the pros and cons of legalization of the Gambling industry, let us discuss some of them here.
{This does not exclude the cons as well, but let's discuss about the pros here}

What can legalization do for the economy?
- It can definately help the government with high tax revenues which is never Outlooked and this can help with overall economic development of any country for that matters.
- It can help in Job creation as well, since it's a big industry and people would be more engaged
- It can reduce the need for illegal gambling which means they won't have to use illegal methods or whatsoever
- Gambling cannot be controlled, at the end of the day people would find a way therefore it's best if it's regulated by the governmental bodies

There can be other social benefits during the time of Covid where people have to supposedly entertain themselves at their own homes and they won't have to visit casinos in person.

What else do you think could be the benefits ??

The legalization of gambling would provide lots of opportunities for everyone which will benefit not just different individuals but also the economy. It could also save the shakey economy during this pandemic since it could be another source of tax that is needed in each country. There will also be better hope for those who are aiming to earn better and bigger in gambling if the government would legalize it. If people will only know how to gamble responsively, the legalization of gambling would have a positive overall impact.

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Quote from: aioc on December 31, 2021, 10:20:33 AM

Gambling here in our country is legal and it's one industry that contributes to the coffer of our government it is sustaining our health industry because a huge chunk of taxes and revenues are going to the government and they are giving millions of people new jobs directly and indirectly, in fact, new jobs are created to support the gambling industry, some of the casinos here in our country have hotels and restaurants and it depends in the gambling industry to sustain their operation, yeah jobs and taxes are two best reasons why gambling should be legalized.

It is a big industry and of course when the impact of having a casino building operating, then at least there will always be other supporting factors that are also built around it. This of course makes it easier for many people to find work, it certainly makes the economy grow faster. But unfortunately, not all countries have the same culture and at least that is the reason when there are still some countries that do not legalize the gambling industry.

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Quote from: Pmalek on December 31, 2021, 05:59:59 AM

Quote from: iv4n on December 31, 2021, 04:54:16 AM

Prostitution is the oldest craft, there's no way it can be totally banned, and some countries are trying that... the same is with gambling and drugs! We should be free to do what we want with our money and body!

Making something illegal just creates greater desire to pursue that illegal activity.

A friend of mine had an apartment that he rented out to students. One girl who lived in it proposed after a while that they change the original agreement. He found her very attractive and she noticed it. One day she proposed three scenarios: She says: I can continue paying rent as we originally agreed. Or I pay 50% of the original fee, and we have sex a couple of times each month. The third option would be having sex a couple of more times for no rent at all. That's prostitution for you. Good luck to governments trying to control that. Roll Eyes

She caught him off guard because he didn't expect it and never before got such an offer. I am not going to tell which option he chose and if I "helped" in any way. Use your imagination.

Well, I guess your friend was lucky! He rented a flat to an attractive girl and she is open-minded for more than just cash-flat deals... so they come up with an agreement! After all, it's an agreement between two (or three) adult people!!!

I heard about many similar situations... one of my friends was a taxi driver at that time (years ago), and some girls didn't pay with money for their drives! And I consider this as some nonharmful deals, and for sure there are crazy deals out there! But in the end, every person should be free to make "those kinds of deals", why the government should interfere with some "private choices we make"!?

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Quote from: delfastTions on December 31, 2021, 09:54:52 AM

In his first post, the OP listed many arguments for legalizing gambling. I would like to note that, of course, taxes from gambling casinos will increase and jobs will also appear. And many other positive things will arise from this.
But I myself am not a supporter of the full legalization of gambling for the reason that if they become 100% legal, the time spent by the players at the game will immediately increase. Cash flows will increase. People will be distracted from their main job, a lot of people will fall ill with gambling addiction. The entire community in such a country can only suffer from this. This is why I am not a supporter of legalization

So you need a strict government to keep an eye on you and decide how much you should gambling/doing online games, how much should you drink, and so on? Maybe you should ask for such supervision only for yourself, but not require it to be extended to others? Wink

I prefer to decide for myself what to do and in what quantities.

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Quote from: Lucasgabd on December 31, 2021, 10:05:02 AM

Quote from: chaser15 on December 30, 2021, 04:23:12 PM

Quote from: fiulpro on December 29, 2021, 11:40:08 AM

- It can help in Job creation as well, since it's a big industry and people would be more engaged

This is by far the best reason for me why gambling should be legalized. It can create more jobs and increase the employment rate in a certain country. Since then, one of the biggest problems that any country is facing is the worst unemployment rate. Since the gambling industry is vast, imagine how many people can be benefited from the legalization of gambling whether it's from small gambling operators or large.

I think the point of "creating jobs" as being a positive energy is not deep enough
with the raise of AI lots of jobs will be destroyed and new ones will be created

we don't simply need jobs if they are empty and have no meaning, finding purpose could go much deeper

If you develop your thought about AI even further, then most of the games themselves will become meaningless because playing a person with AI is simply insane. It's impossible to win.
Already many years ago, just computer programs for playing chess won the world champions in this sport. I think it is in gambling that we should not allow AI to at least somehow participate in the work of the entire gambling industry.
And even more so not to occupy jobs, replacing a real person. In general, to be honest, you just need to prohibit the introduction of AI into this industry itself in those countries where gambling is legalized.
Although, I repeat, I am not a supporter of 100% full legalization of gambling.
Here in the post above, an example of such a country is given. But I don’t know how their government regulates this area of their life and business.

aioc

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Gambling here in our country is legal and it's one industry that contributes to the coffer of our government it is sustaining our health industry because a huge chunk of taxes and revenues are going to the government and they are giving millions of people new jobs directly and indirectly, in fact, new jobs are created to support the gambling industry, some of the casinos here in our country have hotels and restaurants and it depends in the gambling industry to sustain their operation, yeah jobs and taxes are two best reasons why gambling should be legalized.

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