With every activity in life, some people will take it to the extreme where it causes problems, in terms of addiction. The majority of people can gamble and have fun, it is only a minority who will become addicted. If we banned gambling, we might as well ban alcohol, the internet and many other things, for which most people treat as recreational. There is always going to be a factor of a small amount of people taking things too far, no matter what.
Everyone should get a chance to win a fortune. It's fun and it can create a chance of hope in a man's life. Sometimes we need this kind of placebos to satisfy our ego. Gambling is a very big business generating huge revenue also. The job opportunities given by this industry is huge and we could never ignore the very fact. Making it illegal will only lead to continue this business in a dirty way.
I do not believe gambling should be a crime and I do not see how it costs our society anything in the big picture. If it was legalized, it is a legitimate business that offers jobs, taxes and revenue. These are transactions between consenting adults and therefore, should be legal to help benefit society through capitalism.
I believe that all people make choices. More and more freedoms are being taken away from us which limits peoples ability to make their own choices. I am tired of a few church ladies trying to tell people how they can enjoy themselves. Entertainment is expensive. Deal with it.
Places where there are casinos and legalized gambling can benefit in many ways. People will come in droves to a nice casino, there will be a lot of jobs created, from the building of the casino to the employees in them once they're built. I think people have preconceived notions about big mobsters and things that make them leery of having casinos in their backyards.
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Gambling actually offers the unemployed people who are in financially desperate condition a chance to get a deal of money to support them temporarily. This potentially reduces crime rate.
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That gambling is of any economic benefit is somewhat remarkable, given it produces nothing of benefit to anyone else. Now if we put a hammer in every gamblers hand, and instead of pulling on a slot machine arm, they had to hit a nail, we could build homes and hospitals at the same time. Until want of a shelter and medical care is achieved for all, i have a hard time believing the hours spent leisurely gambling is of greater importance than the work required to resolve shortcomings in the basic of needs of others.
Since there is evidence now that the addiction to gambling is similar to the addiction to cocaine (chemicals created in the brain), the DSM now recognizes compulsive/pathological gambling as a disease.
Also, for the record, compulsive gambling can no be cured. There is no magic pill to take. There is no treatment that takes away the urge to gamble. Just like alcohol or drug additions, there will always be the urge to return to the addiction. Education and support groups are the only means to stop gambling for the gambling that has crossed the line into uncontrollable gambling.
"The social costs of gambling, such as increased crime, lost work time, bankruptcies and financial hardships faced by the families of gambling addicts, have reached epidemic proportions, costing the economy as much as $54 billion annually" says Earl L. Grinols, an economist from the University of Illinois. Last year State and Local governments brought in about $5 billion in revenue from gambling. You do the Math.
"The social costs of gambling, such as increased crime, lost work time, bankruptcies and financial hardships faced by the families of gambling addicts, have reached epidemic proportions, costing the economy as much as $54 billion annually" says Earl L. Grinols, an economist from the University of Illinois. Last year State and Local governments made about $5 billion from revenue and taxes from casinos. That means nationally gambling is costing the country $50billion.
Gambling is pernicious social ill. The cost to society far outweighs the pittance remitted back to the government after all of the unintended secondary costs are factored in. It is a Trojan Horse! Your children need you, not gambling. Gambling destroys families. We are talking the oppression of the poor here. Those least likely to have any money are the ones gambling it away. We could historically consider it filthy lucre which is cursed. Have you ever seen a lottery winner happy five years later with their family still intact. Granted people who try this are most likely fragile, as well as their relations, in the first place and subject to a quick trick. People really need to take a statistics class and you will see that the greater good of yourself and society is being overlooked. Put the money into developing your talents or in giving someone less fortunate a way to realize and fulfill theirs. I have seen people who gamble and it is indeed scary. They look barely human, with their fingers knarled around video betting machines joy sticks, at these gas stations I see. Going into a restaurant you see the darkness and the haze, the abject depression and hopeful anxiety. Do you see the people who have lost everything? I see them living in their cars, doing tricks to support more than one compulsive habit, driving away without paying because they have no money to pay for gas to get home. I see their families being stolen from and lives ruined. Do you see it is a slippery slope? They once were you but one time more and they were now as you see them on the street, making a scene in a casino, beating up the ATM machine. Wake up people! Life is meant for more than risk and avarice. Is this the best we can do with humanity? Build a legacy you can be proud of.
I feel that the jurisdiction should remain with individual states. Each state should conduct a thorough and exhaustive evaluation that weighs all the benefits and drawbacks associated with legalizing gambling further. No two states are the same and thus no two economic atmospheres are identical. Even a referendum on the issue would be better than trying to apply a singular model on different cities. My personal opinion is against the further legalization of gambling. Legalizing gambling further in the United States would be a huge gamble the government would be taking. The main reasons would be being a much more rise in crime rates, compulsive gamblers who ruin their lives, and corruption that’s involves government officials themselves rather than finding ways to help the economy in a better way. The social costs heavily outweigh the monetary benefits and I think it’s even clearer after viewing professor Grinols study. Is raising millions of dollars of revenue worth it if millions of dollars are lost by residents gambling? I say no, but perhaps if there is a more stringent regulation and better policies in place to ensure cities and states are in a better economic standing after legalization rather before it.
I think Casino gambling will benefit folks who otherwise bet on exotic securities in Wall Street because 1> You know if you win or lose and your new financial standing the same day; whereas the exotic securities of Wall Street take your money every payday and only let you know you've lost everything every 7 years or so when the economy tanks. 2> Common man can gamble his own money in a fun fee-free manner rather than pay wall street man to gamble or steal it for him. 3> Question is really moot since E-trade is legal everywhere and legalized gambling is already everywhere. 4> Legalized casinos are just competition for legalized Wall Street. 5> People get addicted to anything. and sensible people expect to have fun while mostly losing money at casinos anyway. 6> Casinos could employ at least some of the manufacturers losing jobs to overseas market- Can't export service industry jobs any worse than they have been now. 7> People will gamble on a sidewalk or alley or house or school bathroom if they want, casino is more secure and fun than that and pays taxes, even if politicians will line their pockets rather than refurbish schools with that revenue, some might trickle down to a few more police officer jobs or something... Life is a gamble.
As seen, most recently, in Atlantic City, gambling revenue boosts can be short-lived and fail to maintain a city through a recession. As long as gambling is regulated by the government, but maintained and owned by private entities throughout the world, it will not be a stable or viable industry.
Job creation and tourism generation are really good benefits of legalized gambling. However, they do not come close to outweighing the social and economic costs associated with it. People lose too much money with gambling that could be used in other places in our economy. In addition, this also ruins lives and, in the end, we as taxpayers have to pay for it when they all go on welfare.