Topic: Why should Gambling be legalized ? - page 5. (Read 489 times)
Legalization of gambling doesn't look to be good for the country. When legalized it looks like the government is in favour of it. Gambling has got 50-50 chance of advantageous and disadvantages. Here the common people will be the sufferers compared to the people who are a step high spending regularly on casinos for fun and entertainment. Legalization can cause bad impact in a growing country, maybe on grown country things might be positive.
Legalizing gambling will have a bad effect on society. It is still considered bad to gamble, also with gambling the rich will become richer and the poor will become poorer. If tax benefit was the main benefit then the government would get more benefits by regulating drugs and prostitution. Jobs can be created in other ways too not everyone would like to work for a Casino. There would be illegal activities after legalizing gambling too. These casinos will do anything to lure new clients for which they might even start offering illegal drugs. This is a debatable topic and I still believe that gambling should not be legalized.
You are only looking the benefits of these thing called gambling, you haven't decided to check the proportionality of the merits and de-merits of these thing called gambling; how indistructible it is even when it isn't legalized yet, not to talk of when it is legalized.. how? People have been madly in love with these method of earning coins till they sometimes starve themselves or go into stealing when it becomes a habit.
I see reason with you that it really helps sometimes to evade boredom but what about killing people's zeal to save coins?
I see reason with you that it really helps sometimes to evade boredom but what about killing people's zeal to save coins?
Charities will benefit do. There are casinos and gambling companies that have their beneficiaries that they usually donate a part of their profit for those NGOs and charitable institutions.
I think that's the one pros that I can think of since many have already said the usual benefit that a country will have when they allowed gambling into their economy. It's really a boost for the economy and it's like a domino effect in positive manner.
I think that's the one pros that I can think of since many have already said the usual benefit that a country will have when they allowed gambling into their economy. It's really a boost for the economy and it's like a domino effect in positive manner.
You sum it all, for a poor country like us tax revenue is such a great help in times of calamity we are always hit by calamities almost every year, and the revenues and taxes are such a big help to help us get up and rebuild from these calamities, our government has seen the revenue coming from the gambling sector not only they regulate it but our government is the one running all the casinos and gambling industry here in our country, this is something that poor countries should consider, it's a big tourist attraction, you can create jobs for citizen and you can control and have a source of funds for many projects.
It's all about money as you and everyone said. The others are just secondary. The funny thing here is they put up warnings and rehabs for addicts while earning from these gambling establishments. It's not too different from the alcohol or cigarette industry.
... but we know that there are places on the world
which do bans or prohibits gambling and they dont mind about revenue or tax that it could possibly give which they could get on other various industries which we cant really blame
them off if they do want or like to protect their citizens from gambling addiction thats why decisions will vary on each government that handles out a particular country.
Is it a complete ban on gambling or just a select few? Can you tell me those countries with zero revenue from the gambling industry? There are countries that bans all forms of online gambling but they still allow land based casinos to operate. which do bans or prohibits gambling and they dont mind about revenue or tax that it could possibly give which they could get on other various industries which we cant really blame
them off if they do want or like to protect their citizens from gambling addiction thats why decisions will vary on each government that handles out a particular country.
~snip~
The obvious reason is the monetary gains that the government can get on legalizing gambling.
^ Definitely right, because of the monetary gains, the government will be under control based on their jurisdiction.The obvious reason is the monetary gains that the government can get on legalizing gambling.
We know that any business industry should pay tax, all involved financially should pay tax. That is why gambling casinos should be taxed. I remember when after lockdown due to pandemics, while the government did not recover yet, they announced that the gambling business can operate backend I know the intended just because of the money they will get.
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 ??
{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 tax revenue argument is one of the key ones.
A reasonably taxed gambling environment can easily generate billions in revenue for the government that can go into education, hospitals, etc. It's really a win-win situation given that the players are also offered more protection, and stricter self-exclusion schemes.
But most governments are simply not bothered to instate these regulations and legalize things.
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
Gambling is a good business that can generate huge money to the government, many are already working with this one while some country are still not because of so many belief and restriction. If this industry can really help economy then I believe other countries have to study this one, and consider every possibilities. Though there are still many illegal gambling in my country even if gambling is legal, I just don't know the reason for this and maybe they are all avoiding to pay huge taxes. - 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
~snip~
The obvious reason is the monetary gains that the government can get on legalizing gambling.
^ Definitely right, because of the monetary gains, the government will be under control based on their jurisdiction.The obvious reason is the monetary gains that the government can get on legalizing gambling.
We know that any business industry should pay tax, all involved financially should pay tax. That is why gambling casinos should be taxed. I remember when after lockdown due to pandemics, while the government did not recover yet, they announced that the gambling business can operate backend I know the intended just because of the money they will get.
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 ??
{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 ??
I think that the main benefit that an official can do is to fuck off and not interfere with me (an adult capable person) from doing what I myself think is necessary. All other arguments have an unpleasant background in that this is a certain kind of bargaining of freedom in exchange for the benefits of an ephemeral society. Initially, I do not like this way of posing the question.
The biggest reason imo is just that people are more likely to be offered some form of consumer protection.
E.g. they are able to play at a provably fair casino that is regulated instead of a shady one in some street corner.
That, in my opinion, is the best thing that the government can do instead of restricting all access to gambling.
E.g. they are able to play at a provably fair casino that is regulated instead of a shady one in some street corner.
That, in my opinion, is the best thing that the government can do instead of restricting all access to gambling.
- 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 two sides of this statement: For example, if gambling is prohibited, most of people will not gamble, or gamble less (because there a lot of another activities). This that was in my country before gambling legalization.
From another side, you're true that it much better when it's regulated by with clear and fair rules. In that case this will be just another branch of useful economy activity in country
First, we should know which country we are talking about here since some countries are too strict and they also respect their religious belief so I don’t think legalizing Gambling can really benefit them.
Gambling has a pros and cons, every government knows this one and that’s why you can easily gamble on many countries because the government is benefiting from that while some are still not. Maybe its better to educate more people first about the effect of gambling because for me there’s no good effect to gamblers in long term, you’ll just lose money and become addict.
Gambling has a pros and cons, every government knows this one and that’s why you can easily gamble on many countries because the government is benefiting from that while some are still not. Maybe its better to educate more people first about the effect of gambling because for me there’s no good effect to gamblers in long term, you’ll just lose money and become addict.
The pros of gambling is less than the crons and as such most government of some countries still find it difficult to legalize gambling in their country as it is causing more depression and sucidal attempt by gamblers who might have lost huge amount in the cost of gambling. The only benefit I will say gambling guarantees is the fun and not many are willing to play for the fun some play with high level of greed staring up losts of emotional concern by giver agencies which keeps them skeptical about legalizing it
You pretty much hit the nail on its head.
The fact of the matter is that gambling is one of the most primitive human behaviours, and you simply cannot restrict it from happening.
You can try to regulate it by legalizing it, and you're more likely to curb problem gamblers as you are able to identify them at an earlier stage.
The fact of the matter is that gambling is one of the most primitive human behaviours, and you simply cannot restrict it from happening.
You can try to regulate it by legalizing it, and you're more likely to curb problem gamblers as you are able to identify them at an earlier stage.
The obvious reason is the monetary gains that the government can get on legalizing gambling. It also opens up jobs to a lot of people which further helps up the economy in some way. However, there are some drawbacks to legalizing it, and I know a lot of us know what those are. First is addiction, and then debts. Also, there are still some countries that are pretty conservative when it comes to gambling talks, like Muslim countries that do not promote nor consent gambling in any way or form. The negatives certainly outweighs the benefits when it comes to Muslims on talks about gambling, and there is no way to convince them otherwise.
What else do you think could be the benefits ??
which do bans or prohibits gambling and they dont mind about revenue or tax that it could possibly give which they could get on other various industries which we cant really blame
them off if they do want or like to protect their citizens from gambling addiction thats why decisions will vary on each government that handles out a particular country.
You are definitely on point on this one and this is one of the common reason on why they legalized gambling businesses to operate into their vicinity.Of course there would be some sort of gambling warnings for their citizens not to be addicted that much but well this one cant really be avoided and this is where this business is really a profitable one and which means that it would be more
revenue or tax for government to take.
If gambling was banned or not legalized then expect that there would really be illegal places or operations around which would be typical.
What else do you think could be the benefits ??
which do bans or prohibits gambling and they dont mind about revenue or tax that it could possibly give which they could get on other various industries which we cant really blame
them off if they do want or like to protect their citizens from gambling addiction thats why decisions will vary on each government that handles out a particular country.
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
You have already highlighted its benefits. This brought me to think about the gambling legal situation in my country ; i live in an islamic country (islamic means that gambling is prohibited by religion) so the government monopolize the sector with one single institution running for football bets and horse ricing, while it's not possible for individuals to lunch their own projects or use any other platform online.- 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
Actually, users started using online casinos which reduce the traffic to the governmental gambling institution. Unfortunately, the government isn't aware about this and still pay for its employers without even getting benefits like before .
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