I want to believe that so many people who patronize these gambling rings may have lost a lot of money or scammed and there is nothing they can do about it. And one of the reasons why people may even choose to patronize these gambling rings aside the high rewards is because gambling is banned in their society.
However I am thinking that if gambling is legalized, we would see a drastic reduction (not total elimination) in the operations of these rings. My reasons are that their activities will be carried out in a fair and transparent manner such that cases of frauds and scams will be eliminated as there will be proper mechanisms in place to prevent and protect the gamblers.
Do you think that there is a role that gambling legalization will play in reducing the activities of gambling rings?