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Hi,

in this thread I would like to address a very important topic: Economic Costs of gambling.

From economic theory we know the concept of externalities:

Source: https://en.wikipedia.org/wiki/Externality



1. Gambling in fact has many negative externalities. If someone gets addicted, the likelihood is much higher to be depressed. Depression is factor, which leads to high costs for the society.

2. Gambling addiction leads to economic costs because of crime actions. Other market actors have to increase their security standards, which means higher costs.

3. Many gambling addicts go as a consequence to jail. Jail means EXTREMELY high costs to society.

What are your thoughts on this topic?

Gambling is not good for addicts, people should not be addicted to gambling, the fact remain the more someone gamble the more the person will lose. Gambling should be for fun and not for profit or money making, if someone see gambling as a way to profit or make money, he will lose, that is just the fact, such people are the ones that are even getting addicted.

Gambling also have more benefit, it provides jobs for many people, this is the benefit many governments sees and not even bother about it because job creation does a lot to the economy. The best is to all the time tell people not to use the money they can not afford to lose to gamble because they can lose it while gambling, also people should not be addicted, but gambling contributed to economy development.

People who are addicted to gambling always know where to find a gambling site or casino where they will continue to gamble. The threshold is a lot lower at a physical casino. If you have 2 million euros in your bank account, it is more likely to be gambled online than you are using it in a casino. I think that the gambling market has only improved because of corona, seen online. More people at home, and those people think they can earn money by gambling with all the consequences that entails.

I don't think you got my point. I want to focus here exclusively on the economic effects. You just mentioned jobs, this is a very bad argument, because if someone digs random & useless holes in the ground while I pay this person 10 USD is this job really good? Why not giving the 10 USD directy to this person?

Gambling like Liquor and smoking have been labeled by the government as bad for your health that is why the government has issued a strong warning and they taxed these so people will avoid them at some point, even though the government has labeled them as bad to one's health, they still legalize because of the huge taxes that they are generating to sustain government operation, in fact, some government are the one operating casinos and lottery, like here in our country, the government considers gambling as a necessary evil especially to third world countries.

1. People can get addicted to anything. Yeah, getting addicted is not a good thing. There are places and organizations that help with addiction. If you think you are or someone you know is suffering from addiction, then get help for you or them.

2. Not everyone who gambles are involved with crime.

3. I though they go to the streets and become homeless haha.

Leave this to the experts because they are the one who knows how to deal with this and maybe this is also one of the reason why most of the gambling site have introduce "responsible gambling" that aims to help those gamblers who are about to get addict in gambling and to those who are already suffering from a depression because of Gambling. I'm not an economist but looking at the taxes that is being paid of the Casinos, I guess its one of the main source of income of the government, just like in Vegas and Macau.

Why we should think that when someone gambles they are addicted to it and highly depressed?

Nowadays, its rare to see anyone without social media and its a proved fact that social media addict is highly destructive to their mental strength and over time they will become less capable of doing anything.While the social media companies are the most profitable companies in this world.

While I do mostly agree with the points you raised, the claims that you made are all fallacious, being a slippery slope.

Any addiction caused to a person has always its negative externalities, not just gambling. While gambling may be considered one of those addictions that are common, you must also consider those other addictions as they contribute to the costs in society.

In addition, while those negative externalities in gambling are present, you cannot escape the fact that gambling brings revenue to the government. The revenue garnered from these gambling establishments enable to government to construct infrastructures which bring positive externalities as a result.

It is thus, imperative to know where to draw the line on how to balance these negative and positive externalities. While the result of gambling addiction is detrimental to the society, we also cannot disregard the financial aspect on how it brings revenue to the government.

I think addiction is a tough thing we should not be a part of because it will be a huge economic cost in our family so it is a big problem and gambling is one of the wrong directions if they are not mentally strong when facing reality after a big mistake.

I see many neighborhoods in my area that have become criminals due to depression and become a financial cost to the family. I think we shouldn't be gambling if we are not strong I will try not to be a part of gambling because for me I can resist the temptation of addiction

You are saying people become criminals due to depression? Its wrong and very insensitive of you to say things like this. Have you ever met a person who suffers from depression? Calling them criminals or judging them make things worse for them. If you think depressed people tend to become criminals and are a financial burden to their families, you should never try to interact with one. You will just be harming them more. Try to learn a bit more about depression. And please don't think I am being hostile or anything towards you :).

I agree with you, someone who is depressed, this disorder can affect feelings, thoughts and behavior, causing emotional and physical problems.
what I know is a crime committed by gambling addicts who only want money to play gambling because they have no choice because they have run out of capital to gamble, so they commit crimes just to get money to gamble.

I think this doesn't really make sense, because such statements aren't substantiated by the real facts. If we do the numbers, things turn out quite differently.

How many gamblers out there? Around 25% (https://www.casino.org/features/gambling-statistics/#:~:text=World%20gambling%20statistics%20show%20that,at%20least%20once%20every%20year.), according to some sources.

How many compulsive gamblers are out there? About 1% (https://www.icrg.org/sites/default/files/oec/pdfs/ncrg_fact_sheet_gambling_disorders.pdf) if we judge by the statistics in the US.

And the % of those compulsive gamblers that lead to economic costs due to criminal actions and jail would be even smaller...

On the other hand, we know that the gambling industry is very profitable. This means, that in case gambling is legislated - the revenue from the taxes is huge, which benefits the economy. As an example: https://igamingbusiness.com/us-gambling-revenue-reaches-record-equalling-11bn-for-q1/

So, when making assumptions like that, we should look at both sides of the medal. Overall, considering a really small percentage of the actual damage, that can be done by gambling addicts, the revenue from this industry might actually overlap the costs.

Well I do think the only reason it's still legal is because all these things mentioned are a small percentage of overall picture. All the parties are successful in obtaining benefits from it which goes for the long term. There are cases like India where gambling is not allowed but crypto gambling perse is very prominent in the whole nation, since people earn from it, the gambling companies and also the government alike. The total percentage of positive effects greatly outlaw the negative one's. Therefore I do think we have no right to call out the negative effects as long as we do an in-depth analysis, which would greatly vary country to country and region to region.
But at the end of the day I do think you can also look at this situation personally. How did gambling affect you ?

You have a very good point on this. The revenue coming from gambling alone should cover those actual damages coming from the situations brought by gambling and they have a lot more left over. This is why gambling is a very lucrative business. Why do you think government-lottery business can cover a lot of charitable activities? It is no secret that gambling addicts bring a lot of problems to the society but you are correct, one needs to check both sides of the coin here.

Gambling actually is beneficial for economy, casinos' and other gambling establishment pays taxes and provide jobs it's the reason why gambling will always be a part of economy in some country. Illegal gambling on the other hand has no benefits at all, of course there is a reason why it's called illegal.


I don't agree with this, gambling addiction is a problem that caused by the gambler itself. Being a gambling addict is already a mental disorder and it doesn't need to become a depression just to be noticed or treated, if someone is indeed goes to jail because of depression there no way to know that it's the gambling that causes it.

The main reason why I disagree is that Gambling is just a factor for depression and with or without Gambling a person can build depression nonetheless, so gambling can be a factor but cannot be a major reason for these crime actions, meaning it eliminates the argument of gambling directly affecting the economy. Gambling does affect the economy directly but not because of this reason.

I think prison or crime is not the economic component of gambling, but the social component!
If you look at the economics - it's probably a plus for the state, since legal casinos pay a good percentage for their activities and buy expensive licenses...

By the way, it is wrong to argue that "many" gamblers go to jail or face crime! ;)

These are things that exist in our societies with or without gambling addiction. Externalities are part of our daily life and although it's an absurd we have to pay for most of them, there is nothing we can do about it. Only politicians have the power to change the rules which could make everything works fairly.

Depression is about health, so I think people have a more empathic approach on this matter. It's an acceptable externality.

Raising security standards I think it's not an externality, because you are paying for a service which is going to benefit you directly. Externality would be you paying security standards for someone else who doesn't even live near you.

Jail shouldn't have a cost for the society. The prisioner should work inside it to be able to pay for his family and his own living costs.

But the question is why in some parts of the world, gambling is allowed like in some US state. Right, even if we picture that there is this so could "economic cost of gambling", government as making huge money from taxes, so I guess it even out everything. If there is a negative effect, there could be some corresponding positive though. Just look at Macau now, once a unknown country, but they the government allow the nation to be the Las Vegas of Asia, it gain some attention, become a tourist spot, giving jobs to the population and of course earning revenues for the government.

Why is it that the negatives were only stated? Gambling is a big contributor a country's economy, think about Las Vegas, Macau and other countries that have been opened and known to be the gambling capitals. It is one of the main reasons why they've opened it because it generates money that's helping the economy of their country and local which had brought jobs and taxes. As a gambler, those things are very common and we know that negative effects will occur if we're not careful and if we cannot control ourselves as we gamble.

I would like to know what really causes gambling addiction because everywhere in the world of Gambling people will advice
on  how to address Gambling problems and they have gone an extra mile to offer some one to talk to about this problem....so where is the real problem.



Very true for those running a gambling business am without a doubt that this is a profitable business and to some players they have found a profitable way of playing their favorite games.

Gambling addiction is really a call for concern and has cost a whole lot of havoc to societal and economic growth. Lately the rate of gambling addicts is highly on the increase leading to insecurity of lives by this addictors causing negative externalities In my own opinion I would suggest more agencies be set up to help curb this addiction by helping most gambling addicts recover from their addiction before it cost their lives

I think it's not right to generalized gambling addicts or simply someone is playing gambling is involved in criminal activities. Laws may vary from country to country while all I know if they play gambling on an unregistered casino that's one of illegal or they go to the underground gambling places which is illegal.

There are certain places for people who are addicted to gambling but of course, most casinos nowadays have their own people like that to access someone who is suffering from addiction.

You are not wrong, this is an effect that gambling may have in a low percentage of people, however we need to wonder what is the alternative? To make it illegal? In that case you add even more negative factors, now the games are most likely not fair, people now have to gamble in an establishment that is manged by members of organized crime, no one wins and the few that do have to give back their profits in fear something happens to them, on the other hand if gambling is legal then nothing of the things I mentioned before happens and we get a lot of positive effects, like employment for many people, taxes paid to the government and a reliable way for most people that like to gamble to get their fun in a safe place.

Too much of everything is very harmful and more so on gambling, there are a lot of problems that have an economic cost but the government is allowing it, like smoking, liquor, and even gaming and even things that people think are harmless, they sometimes cost a lot to the society to bear, if the guy is wrecked he will be wrecked in everything he does, in gambling, in gaming in drinking liquor or smoking, we cannot stop people from indulging and blame the government.

I think that this is a very skewed way of looking at it.

These negative externalities only apply to problem gambling. Normal gambling is welfare maximising in that it gives those who consume the product utility in the form of enjoyment/entertainment, with the price paid being the house edge.

Definitely a flawed argument imo. There is no need to slander and generalise the gambling industry as a whole when the vast majority of players are simply in it for fun.

Casinos attract tourists just like Vegas that's surrounded by businesses like hotels, spa, and stores of any kind that provides jobs to people.
That's economic growth but it comes with a price we know that. I sure government departments can handle such.

If you are just going to look at the gambling industry as a cause of a problem that wouldn't be fair for the people in the industry. In fact, some foundations and government projects are funded by casinos.

Everything will have a negative effect if excessive, as well as gambling, can cause addiction that will cause problems. But we must also be fair
in our view of gambling, because on the other hand the gambling industry has created jobs and it helps economic growth. And the large
circulation of money in the gambling industry, makes the government get quite a large tax revenue from the gambling industry.
Which can be used to fund several government projects. Therefore, do not continue to judge the gambling industry is a bad thing.
We must be wise in making decisions regarding the gambling industry.

Not all people are like this, there are still many who gambles for entertainment. And for me, the criteria above only apply for people who get addicted in gambling because they are in desperate need of money that they see gambling as a way to make money to surpass their struggle. In the first place, registered gambling casinos help the country's economy and I think they get a lot of tax from these businesses. Casinos or any type of gambling business are not responsible and should not be blamed if addiction in that country increases.

This is not only applied in gambling but in other addictions as well like drugs, liquor etc. Any addictions has a bad effect not only for ourselves but also for the people around us, on the society and the economy. The worse scenarios that can happen if we became addicted in gambling (or in other addiction) are family problem, having debt, committing crimes or having a mental health that can lead to suicide. It has many bad effects but this also depend on how the gambler control himself when playing. Because every gamblers are different in dealing worse situation such as losing their money.

Uhm 1, even if we do consider that addiction leads to depression, the ratio between it and other causes of depression seem large enough to completely neglect on how gambling is even a reason for depression.

Both 2 and 3 follow the same idea with one imo. The size between the people affected due to gambling compared to the general size affected due to other reasons is big enough imo that fixing the gambling side wouldn't have any effects even if fixed. The post of Just_alice should be more than enough to back up my argument.

Sure, paint gamblers in a way so that addictive and compulsive gamblers would stop, but it shouldn't be a method to stop the entire industry itself. It's operating in a way that actually helps with the economy after all, speaking from the tax gained from it itself. As far as I'm concerned, there are a LOT bigger problems to be solved before gambling, corrupted government, broken families, financial issues due to corruption, etc. Plus the blame is wrongly placed here ngl, blaming Gambling is not gonna do anything, it's a bloody activity for entertainment after all.

If someone addicted to gambling, he could become depressed and curious why he can not win the games. Yes, gambling addiction can leads someone lives will ruin and it could make his life cost higher as he wants to play gambling and fills his needs. Gambling addicts can go to jail if they commit a crime such as a robbery, steal others money, and else. But gambling addicts can also make someone losing his life because of suicide.

But if someone can manage his money to play gambling, I think he can prevent from becoming addicted and allocate his money to others. I think that will depend on how those people will react to gambling, and if he can control himself not to become addicted, he does not have to worry about other things because he will make sure that playing gambling will not disturb his life.

In every society gambling addicts contributes massively to economic and societal crimes this pushes gamblers into diverse criminal activities so has to afford their gambling activities. A whole lot of gambling addicts has lost a whole lot of fortune trying to meet up their game and when the can no longer afford this the begin to engage in criminal activities so as to meet up. This is really eating up our societal norms

If you are talking about how gambling is helping the economy, the only thing you can talk about is job creation, there are many people that will be employed, there are programmers that are also needed and many more. About how it is affecting the life of people negatively, I do not know how it is related to economy.

I do not understand very well why you have to be so punctual with the Gambling, when the economic costs for other events are more damaging, for example someone who steals a candy goes to prison and it is a high cost for the state to have a guy in prison who does a crime, petty theft e.g., in fact it is pejorative to have used "candy" petty theft is more appropriate, but it is so you understand my point of view.

Believe me something, the players/gambling are not a high cost for society,  that it if does exist, but social spending by the state in other areas or citizens who incur negative externalities is greater in other social areas.

In any case, the taxes paid by  industry and by the individuals themselves are part of the solution.

However, gambling has been around for a very long time. 

The Indians of the Mayan and Aztec empires gambled.  Ancient Egyptians and Chinese played.  D'Artagnan and the three Musketeers were also very fond of playing dice.  But these are fictional literary heroes ...

And the real Blaise Pascal and Cyrano de Bergerac, studying the game of dice, formulated the principles of the theory of probability. 

Many people are addicted to gambling.  People need a sense of excitement and drive.  Perhaps gambling reduces stress levels and releases beneficial hormones in people.

Short answer: OP is right and there is absolutely no way the tax raised from gambling could cover the costs society incurs due to gambling/addicts.
Long answer: it requires extensive and fundamental research to actually come up with concrete numbers.

Especially online gambling socially isolates the players. One could argue that the five friends playing poker in the garden having a barbecue is even a net positive to society because of the recreational effect. How recreational the effect still is to someone sitting alone in front of his screen, I don't know.

Anyway, the topic is certainly interesting and a very good idea to look at it from the angle OP brought up!

I found a study on estimating the social costs of problem gambling in Italy. As a reference year, based on available data, 2014 was analyzed. In that calendar year, the collection related to public gaming was 84.5 billion euros, of which 7.9 billion euros went to the Treasury. All this against winnings of 67.6 billion and a total expenditure of players of 16.9 billion(Agency of Customs and Monopolies, 2015).
The estimate of social costs obtained in the study amounts to 2.7 billion euros. (Estimated cost per player was €2,211).
Now, imagine what could be done what all that money.

Very interesting! Could you please share the link to the paper? I am very curious how the study design was in this case. It is nearly impossible ti measure all negative externalities 100%, we are dependend on studies like this.

It really gets interesting if we also consider secondary effects, e.g. if a family member gets addicted to gambling and as a consequence you get a depression and so on. So assuming the 2,7 million don't count this into their estimations, we can multiply it with a factor X.

Rightly said and having a high economic cost doesn't necessarily mean bad things because having a higher economy certainly defines the standard of the group in the ociety. I mean how do we define some states are rich while others are poor? That is because the average income and hence the expenses are high in those states.

One who spends more will find more ways to earn, that's a fact and one who earns more will impact the society and economy in a positive way. If we didn't have had the hobbies and eagerness to earn more, we won't have all the technologies and advancements we have now days. Raise the bar of the economic costs and people will find a way to match it, as simple as that.

It is a profitable business that's why we see casinos keep on establishing themselves and there will always be the new casino that has been made. If it's not profitable then it won't be noticed by other businessmen. There's a strategy that those players who are making their lives through it and have already dedicated themselves to gamble as much as they can. There must be something that we don't know but if they're making their lives better from it, there's no need to question them if they're doing it legally.

Since it takes extensive research to come up concrete numbers I think we can't say gambling taxes collected by the government aren't enough to cover costs with problem gamblers. This industry profits a lot of money. Most people will never see such amounts of money during their life, so it's even harder to have some notion about this huge income application.
It's also hard to have notion regards the number of gamblers who will create such issues for the society. There are many people involved on this market and only a minority of them will present negative behaviors. Moreover, many addicted gamblers are rich people who can't control themselves. I think it's unlikely they will start robbing people or stores around to keep gambling.

If you ask me about Externalities or the economic costs in gambling will have and will have positive and negative effects on gambling activities, directly or indirectly.

1. Negative externalities: any effect of losses in gambling and other adverse factors on gambling activities, both in the environment everything must be borne by the community and gambling addicts themselves, this will cause a lot of losses that will occur.

3. Positive externalities: if the economic activity of gambling is clear, then the payment mechanism in gambling will benefit, from the victims of externalities, based on the applicable rules by dealing with all the negative effects that are caused by minimizing them, overall these factors will claim the benefits of the individual gambling activities that have been agreed upon.

I think a system like this, if applied in the world of gambling, many people are against it, especially gambling entrepreneurs and individuals involved in gambling.

You are right. Gambling as a profitable business attracts people who have a lot of money to create their own casino and each of them will have their own strategy to invite a gambler or more to playing gambling at their site. It does not just happen to online gambling, but it also happens in offline casino and will establish their reputations better.

It needs awareness from the gambler not to become addicting to gambling. They can play gambling anytime and in any casino they want, but they must always control themselves and leave the place as soon as possible before something worst happens.

Casinos are really big taxpayers in my country and I think I am not speaking for myself when I say that Asians love gambling because it is an industry here in my country. Plus, the tourism that it provides is also a big help as it bolster the tourism economy of the country which contributes to overall growth of the economy.

No doubt mate that Taxations from Gambling operations are indeed Huge , But what about the Money has been lose to their Bags .
How much is the tax and how much they are getting ?
for me it is not the amount that they giving is the important thing but how much they are gaining.

Casinos have always been helping the country's economy. Firstly, they pay a huge amount of tax to the government, if the casino was illegal then the government would be deprived of this tax. Gamblers used to gamble by evading the law. Gamblers never stopped gambling. Secondly, we can keep an eye on Las Vegas. People from all over the world go here only for gambling. As a result, the government can earn more money from tourists.

Yes you are right, the possibility of loosing property and other assets by the victims of gambling effects is sure and thereby this causes wrong thinking to the victims, the victim start thinking how to steal more property to survive in the society, there are so many awful reports out there caused by addicts there reducing the position standard of a community.

This is the cost of any of the things considered "vice" not just gambling but actually it extends to me to anything that has an addiction factor.

So that is gambling, that is alcohol, drugs, but even what seems normal and accepted. Gaming for example is a huge addiction scene in Asia. I've known people stealing, killing, ruining lives, dropping out, lying, all to play more, buy more game points, etc. Suicide even has been reported in the news.

So it's not gambling that's the sole bad guy but companies that don't help people with addiction.

It is no surprise that gambling contributes to big tax because gambling can attract many rich people to play gambling to make money. It can attract poor people to follow their step and test their luck. But unfortunately, not many people can win from gambling, but many of them will lose their money in the end. Maybe we do not know how much money they pay because they will not tell the public.

I think you took some extreme examples.The number of these bad gamblers is a really small one compared to the overall number of gamblers in total.Even if I take this in another context for example the murders as those who commit them go to jail and we pay taxes to feed the criminals,they cost a lot to society but they are part of it and part of life,the only country I have seen it has 6 number of murders for a year is Saudi Arabia which goes against human rights in many ways and it kills the murder and not put them to jail.

So from this perspective it cannot be avoided,we just have to accept it and associate a cost to it,just like everything else in life.

When you become addictive to something you senses get out at that time and mind doesn't think about any loss going to occur which is the worst scenario.Same is the case with gambling if you become too addictive you put your financial,mental, social and economic life at stake which can be gone with only one single bet.So try to enjoy it as much you can instead of betting huge sums to get more profits becoming greedy or by getting jealous of others.You don't know this gambling well it's very deep so take out small portion of funds only maintaining your real life income.

I guess you're being one sided here.

The whole story needs positive and negative side of it, or the advantages and disadvantages. Sure thing it gives job for people (who works for the casino and the one operating the whole gambling site) but it will never be a good source of income to people who are thinking about playing gambling to earn money. Besides, you can never dictate yourself not to be addicted in gambling, I mean, it will happen if it will happen.

If people wants to be addicted on gambling, it's his choice, and we make our own choices.

For workers at casinos or being a dealer they have nothing to lose, in fact they have a monthly salary that can be their income from working at the casino, another thing is different from players if this is frequent, of course, it will become a serious addiction, even though it is an option, still not for them. those who have less well-established economies, meaning that I will continue to maintain the existing finances.
A lot of gambling has become a problem of economic destruction due to their own mistakes.

I can think of only 1 thing how gambling would benefit the economic circumstances and I think the bad influence of gambling does more harm to the economy. For the time being the positive effects of gambling on the economy is below

The gambling casinos/websites earn a good amount of profits and hence have to pay more tax
The money received from tax is then again used for the welfare of the country.
But yeah, we can still debate with the fact that many casinos dont pay their taxes and many countries don't use the tax properly for the welfare of the country

How does gambling gives rise to crime? That might be when one is addicted and again the same point applies, any addiction will bring more crime. The problem isn't gambling, it's the addiction be it of anything gambling, drugs, etc.

The negative impacts are surely higher than the positives that are associated with gambling but the truth is we do need some forms of entertainment and gambling is one of them, we cannot just emphasize on the negatives.

I believe you also know it since you too promote a gambling site :).

OP shared only negative aspects of gambling, not so much about gambling itself as it's about people who lose control and start losing big money, and money they don't have... of course, that will create some problems!!!

Economic cost mainly depends on the country where you live! It's not the same to open a casino in Las Vegas or Nigeria... except for different laws and taxes, it's definitely not the same to rent a building in the center of London and some god-forsaken place! Don't forget the paychecks, while here in my place people will work for $400 a month, you can't find that cheap labor in Berlin! I hope you get my point!

In the end, people who like to gamble will do it, as I do it... why shouldn't we have a place to do it?! Some negative shit happened and let's ban everything and anything!?!? Haters and hypocrites everywhere around... why don't you start looking at your own business and let us be?!

One of people's problems is that they always create high expectations when it comes to something that involves making money quickly, even though they know there is risk and losing everything, they create high expectations. Just look at the lottery, hundreds of people buy tickets with the hope of one day winning and why don't they give up every time they lose? because they created high expectations and is hopeful that one day they will win. I agree with you


I don't know what the number of gambling addicts is, but I think it shouldn't be a very large number, the biggest problem is not the addicts (I know that addiction is not a good thing, but I don't believe the number of addicts is too high ), the biggest problem is the number of people who lose money and still usually take money that was supposed to buy things in the real world and go to gambling and lose everything


I honestly never saw anyone get arrested because they were addicted to gambling

It seems that in countries with effective laws, regulations and enforcement that it is possible for venues that allow gambling to operate without too much harm to the vast majority of society. There will always be people who push the limits and spiral out of control, but they will find ways to do that if gambling exists or not. As long as it is seen as fun and people are educated enough to understand that mathematically they will never beat the house in the long term, then it should be allowed. However, the authorities will always need to stay vigilant because it can attract criminals in various forms - from conmen to organized mafias. In countries that have poor legal frameworks and weak institutions it is probably advisable to avoid allowing gambling, because the vast flows of money are easy to abuse and can seed corruption in all sorts of places.

https://www.federserd.it/index.cfm/I-costi-sociali-del-Gioco-d'Azzardo-problematico-in-Italia/?fuseaction=skdnovita&id=192
There you go!
You can easily have that translated into English or any language via Google Translator. The complete PDF is a the bottom of the page. I do not know what you are looking for but that is what I based my previous comment on. Would be interested in knowing if you find something more around it while playing with data.
Drop me a DM in case

But not as the old casinos are becoming successful with the newer casinos that come. Only a few of them survive and strive to enter the competition because it's tough this time as gamblers are staying to specific casinos where they've experienced good and quality service for the games of their choice. There's always been a reminder to gamblers that they should gamble moderately and it's an individual problem if they don't stop when they're losing a lot already.

For the negative sides, yeah, gambling is really bad for the economic costs and makes the financial system of somebody worse day to day. Moreover, if they cannot manage or control themself in gambling, low self-management, risk, and also fund management. And many people with gambling addictions will experience those three bad sides of gambling for economic costs.
Furthermore, if someone has been addicted to gambling, it is surely difficult to make them go outside to have good social activities with others. They may prefer to play gambling, whatever happens, expecting big bonuses or winning to have every day, but the result is nothing.
Stressful, addiction, criminal are the result of negative gambling sides that always ahppen

I just saw I forgot to add that it does of course depend on the country and the tax laws. In some countries there is no tax whatsoever on gambling while in others there might be a pretty high tax. What is even more important is from what angle are you looking at the problem? Nationally? Globally? Here is why it is important:

First of all I would say that intuitively an activity where your loss is my gain and your gain is my pain doesn't sound like it could ever be a net positive in terms of social cost. But apart from that, if we look at a country with a gambling industry (take Nevada, Vegas), of course the statistics will show that Vegas is in an awesome position in terms of social cost. That is the national perspective. But what about the countries that the players came from and spend their money in Vegas? If they win money in Vegas they bring it home, spend it at home and reduce social cost. But no matter how you look at it, it is obvious that that had to come from somewhere in the first place.
So moneys balance can't be the basic measure for social costs here, I think we agree on that.
One of the questions that remains is does the winner spread so much positive energy that his surrounding society becomes more productive, and does that net out or even exceed the serious cost (maybe he lost it all) incurred by the loser? While the marginal effect of joy is strongly decreasing (that is scientifically proven), the loser could literally lose the ground under his feet, become an alcoholic, lose the job and destroy the family, cause the kids to get off track, maybe is forced to attend psychotherapists and what not.

I don't know, just some thoughts on the issue. I wouldn't look at isolated geographical areas. It is like: hey I got some statistics from Monaco, let's see if gambling their supports or undermines the socioeconomic system...

I do not have the numbers but I think the revenue that majority of the countries derive from gambling is significantly higher than the cost of the services the state provides to the gambling public.

Gambling businesses pay regular taxes to the government. Aside from that, winning gamblers are also paying taxes to the government. On the other hand, what are the specific programs the government spend on for the gambling public? It is not common that a gambler is addicted and is seeking free public professional help. It is also not common for a gambler to get so addicted to the point of committing a crime and gets imprisoned.

If the casino can survive and succeed in inviting more gamblers to come to their place, they will have a chance to compete with the others. But yes, it is tough if we see the situation now as many casinos do not want to be late to rise again in this pandemic. A gambler should already see many others losing their money in gambling places. So they must have control and always remember that gambling is not for making money, so they must control their money.

The gambling economy around the world is also very large the number of people rushing to the casino with huge amount of money in their pockets is also much higher although there is no government intervention for online gambling casinos cover a large part of the public gambling industry. Apart from this the industry is growing day by day in lottery and house and sports betting and other segments developing countries in asia improve their economies through casinos.

Society ? well it is for the family effect only , and eventually for the community .
Yups , the cost will increase once the addiction comes to the max.

and others comes to death mate. and that cost smaller than jailing .

Maybe with the high costs at least the gambler or player will reconsider spending his money in gambling, we know so far the cost to gamble may be relatively cheap so they don't consider it. Yes, if we relate it, it does have a correlation, because with them becoming gambling addicts, of course slowly with the addiction they experience they will have a high cost. Maybe by making high fees many of them will leave gambling, but the consequence is that the gambling industry will probably suffer a decline and therefore, making high fees in gambling seem like something that will not be easy to realize.

The competition has already started when they've entered in the gambling scene. And that's also the start that they are about to add and contribute to the economy because they're going to make money from their gamblers. But if they've failed to make their business became popular as the other casinos then they have to strategized how they're going to maintain their operations and at the same time get as much as customers as they can for which it will fall for a good marketing team.

In some countries including mine gambling is prohibited. My country is Muslim majority so the country has clearly prohibited it in government regulations. But some people still do it even in secret. In fact, I think that nowadays the world is progressing, many people are participating in online gambling. So I thought collecting taxes from gambling in my country was impossible. There are even reports that some of the perpetrators have been arrested by the police.

With the online casino, now I think it will make it easier for everyone to participate in gambling. This will be easy and invisible to the police. So now gambling fans don't have to gather with cash.

Exactly, and this situation is really experienced in my place, the situation got worse when the pandemic hit. Most people stay home and start gambling because of the stress of their job not making any money. in their paradigm gambling can make money instantly. even though without basic knowledge in gambling it is very minimal. unless it has very strong luck.

The psychological level that I often pay attention to is a lot of complaints because they keep losing bets, their wives complain because they don't make money for the risks of daily life, but it's true what you say addiction is a closely related thing in gambling whether it has become an inseparable factor or just a person's emotion that cannot be controlled.

Gambling operators would never care for the implications of them just existing and profiting. What's important to them is money, and at the end of the day, they will get it from people that are lowkey having fun and those who are extremely addicted. As long as the industry is thriving, pays their taxes, and does not really do harm that is easily recognizable, the government will allow it—except of course on countries with a firm stance against gambling.

I agree, Actually from many years of my gambling experience, I still don't see any casino tell us to slow down from gambling activities and dictate or guide us that gambling is really addictive that it can harm us. It is a business that you won't get anything if you messed up and casino operators really like that as long as the government is allowing them. Still, they are in the right position on doing things as long as they don't do anything illegal. This is also why Countries which is open for gambling tend to have so many casinos.

I completely agree with this especially those people who know the spot where to go whenever they want to play. It's easy for them since they have lots of contact and other resources to get there. That's right, the number of players has increased since the pandemic has begun where people need to stay at their homes. 

As for the OP, basically, that's the reality when you calculate all of the side effects and I don't think that's all the lists you can provide. I'm sure there are lots more consequences and most of the time the government will take action if the cons will affect them as well. that's the time you will see them raiding illegal casinos and gambling activities. But whenever they will have the upper hand, they won't take action like what you see with the cockfighting, they allowed it because the cons don't affect them anyway.

Wait , what about no intervention from the government about  Online gambling? who told you that?

governments are running thru online gambling i just don't know if your governmetn do the same thing.
Wrong, the countries in Asia is not improving their economy because of gambling instead it is dropping because gamblers are losing their money and only casino operators are gaining here.

They will use many media promotions to attract attention from people out there, including the gamblers who still search for where they can playing gambling. The important thing here how they can invite the gambler and what type of promotion. The gambler needs to search for the right gambling site to play any game he wants and not all gambling sites can satisfy them. Maybe the gambler will search for the casino to give them a big welcome bonus than the other site.

Any business has externalities, not only gambling. Ask people near a factory, mall, or a big office building on how they pollute the environment. But it will be allowed as long as there is net positive on the economic growth or government revenue.

Casinos often integrated with luxury resort/hotel and mainly serve as entertainment for the rich. Thus the operation will bring in tourists and their money. Also, there are employers who depend on the casino for their living.

+ Taxes
+ Revenue from tourism
+ Employment rate

I still think gambling will boost tourism and grow the economic activity in the area. BUT, the government must educate* locals that gambling is for the rich tourist, not for them.
*not a fan of Monaco's way.

Exactly, they will care much more about profits than the wellbeing of their users because what's the point of curing your customers if them being sick is the way that you can make a lot of money. Also, regarding the economic cost, I think gamblong industry is a big contributor with taxes and tourism, just look at Las Vegas, Macau and Hongkong.

Yes, both of you are right as long as the casino can attract many gamblers and they can get more money from them. The casino will not care about the addicted gamblers, how they can solve the addiction, and how the gambler can avoid committing a crime. A gambling industry contributes a big income for the government in the country that allows gambling. The casino does not think much about the side effect of the player in the gambling games because they think that is the gambler's responsibility.

You are just focused on the negative externalities and you forget about the positive externalities, namely :

1. Gambling create jobs. (3rd party Slot and Game developers / Gambling hosts / Site admins & Mods... etc)
2. Gambling (licensed sites) pay taxes in a regulated capacity. (Less of a burned on individual tax payers)
3. Gambling sites give sponsorship and donations to charity.
4. Gambling sites make some people rich. (Yes, might be a small percentage, but it happens)
5. Gambling sites give some people entertainment and it helps them with stress. (A lot of people get stressed, when they get addicted) 

So, yes..... there are some positive things that come from gambling too...  ;)

This is a classic case of looking at a glass half empty instead of half full, it is true that some people are unable to control their impulses but we see this everywhere, people are addicted to social media, the Internet and video games and yet no one is asking for any of those three things to be banned and that is because despite all of this the good that they bring to the community is simply something we cannot do without, and the same is true for gambling and yet a great deal of people do not understand something that simple.

Actually its none of casinos business for them to mind about their players because no one had forced them to play on particular place to play gambling.Therefore,
if they do make out themselves on being addicted due to excessive playing then its actually a personal problem for a certain gambler to resolved on and its no surprise
that casinos wont be minding about those wrecked players because they are the ones who do make out their fate. Playing too much is bad and we know casino is a business and its just normal for them to accept players as much as they can and that what matter most and the rest is never been their responsibility to catch on.

My thoughts about this topic was at number 3, gamblers with high society conflicts would really tend to go to jail because of their adduction. It's more like drugs which barely beyond control, and they'll able to commit crimes like robbery and qualified theft acts. Same here in my community, even underaged individuals learned how to do stealing due to gambling addiction with small time bets like cards or some kinds of coins game like heads and tails at any public places.

But people are aware about the risks without being forced to play. And they wouldn't risk losing money if there wouldn't be chances of growing this money at same time. Actually we are hostage of the *your loss is my gain and your gain is my pain* effect in our daily life. Isn't that what governments do charging heavy taxes over basic needs of the people? With the difference in gambling you can choose participating the activity or not.

Foreigner gamblers going to USA to gamble considerable amounts of money are rich businessmen, investors, speculators on their countries. They won't cause externalities to their local governments. There are some common tourists too, but the amounts they bet are insignificant. Of course they could be gambling on their native places, but the local governments should legalize it first, right? The irony here is that they don't want to legalize gambling because it would be harmful to their citizens, but at same they complain people are going abroad to gamble.

I think the effects of gambling are positive, yes. Millionaires hate to pay taxes and avoid countries where the rates are high, taking away with them all their wealth, so gambling is the way for a country to get money from them through free will. On long run they lose, but also have fun and won't miss the lost money as they have much more to spend (what also include the maharajas of the judiciary and other public employees).
Furthermore we can't stop doing things we like just because some people don't know limits. This way everyone is being punished for few people's mistakes.

Casinos will be hands off related to gambling addiction problems experienced by some gamblers. Casinos really can't be blamed in this, because
they are not a charity that thinks about helping others, Casino is a place of business and will try to make a lot of money from addicted gamblers.
As long as there is no coercion from the casino to play gambling, the casino is not responsible for the many gamblers who become addicted.
Therefore, it is very important for countries that legalize gambling to provide rehabilitation center facilities, because the state gets tax revenue
from casinos.

Dont know on whats up to others mind on why they do took the blame into the casino on why gamblers had become affected and had a miserable life just because they do play gambling too much.

It is really out of their hands and this is full responsibility of an individual on handling himself to avoid addiction which might create a problem.\

We cant deny the Cons of gambling in terms of that but lets go back on the brighter side that gambling businesses is one of the biggest tax contributor
on a certain economy.

That is true, the governments do not focus on the welfare of gamblers, but what do you want the government to do? Should they turn to a gambler advisors? Which is not possible. Gamblers should know how risky gambling is, they should be contented and not gamble with an amount of money that can get them into problem. Also gambling is not allowed in some countries because of the negative effective which is addiction, but yet you will see people in such control trying all means to by-paes the law and gamble both offline and online.

Sometimes it is sad for people who are addicted to gambling, then they blame the casino for their situation like that. Regarding the problem of
gambling addiction, it is beyond the control of the casino,  it should be the responsibility of every gambler who already knows the risks of gambling.
Therefore, each country limits the age of those who will play gambling, this is with the intention that people who decide to gamble are adults and
can take responsibility for themselves. Casinos should be appreciated, apart from being able to provide entertainment, but make a big contribution
to the country by paying large taxes.

gambling involves externality and it was true that a gambler dont agree with the cost but they can agree to the benefit and that is if they earn a profit .

i think addicted gamblers hardly get depressed because they are feeding their addiction and it makes them happy at all times . depression is expensive to cure but all cost is not shoulderd by the society , most cost must be paid by the depress patient .  gambling addiction  needs to be combated because it leads to more cost for both the addicted gambler and the society

We have same view mate according to what gambling is really bringing the world.

Some countries says they are gaining big taxes  from their Gambling casinos but the truth is the losses of their people is more to affect the economy than what adding.

 The best question is , How much does the taxes helping the economy than the amount losses from the players?

That's why i respect the Muslim countries from banning gambling in their respective countries. though they are at some chance depriving other religions from playing gambling in their territory yet this serve as safety for their people and also for the rest of the place from becoming addicted in gambling.

That can never be found out because every country has their own rules and regulations and most of the countries have corrupt people everywhere.
Corruption can go to any extent which is why it's hard to know how much money is actually flowing into the welfare of the economy.
Unless these governments use blockchain system to publicize the taxations there will be no way to know the truth.

A gambler will play base on their choice and they will pick the casino that can make them comfortable playing gambling. The casino does not like when someone is disturbing in their place and they made a riot in their place. The casino can easily kick them out because that person is not given the casino profit like other gamblers. If the gambler becomes addicted, the casino will let them and not carry them to the rehab centre.

Maybe the government needs to think about the effect of playing gambling on their people so they can warn them not to playing gambling too often. But that will look vague because the government gives license to the casino on one side, and on the other side, they will face many addicted people because of playing gambling. Maybe the people need to think about that seriously not to spend their time only playing gambling. They can play gambling in their free time but not use too big money.

Gambling is where the money goes...

gambling owners, gambling tax recipients, gamblers and gambling addicts are the people who make the money move. the tax money from gambling is large, so the tax recipient is obliged to give rights to gambling addicts who are caught. so I think all parties must carry out their rights and obligations.

Gamblers should know that and take full responsibilities, the government may bring some rules to avoid addictions but gamblers are the one that really responsible in controlling their actions each time they are inside the gambling house,

though most of the time, the government are more focus in taking profits out of gambling and  not really caring for the welfare of their citizen, as long as the business are producing taxes,

They'll allow the business to facilitate and continue either online or offline shores.

^ That is a good idea and I hope there are some countries who will adopt blockchain technology to have a public ledger about the tax. Every country has its own way how to tax gambling and how the percentage will be deducted as a tax, it could more than 10%-50% depend on which country you are in. Probably gambling industry has a lot of contributing to grow the economy and as I remember there are few countries that have received donations from online gambling casinos. Nevertheless, there are pros and cons in gambling and sometimes we can not deny the fact that there is an economic cost.

Bruhhh... In addition to the fact that this topic is strange, it still absolutely does not correspond to some standards of discussion - only a few parameters from the set have been selected. And all of them are negative, which makes me think about the objectivity of the author of the topic.
With this style of discussion, one counter-argument destroys the entire concept being promoted - it is enough to give an example of one successful gambler and the theses put forward become irrelevant.

I've seen several newly made casinos that don't even have a budget for their promotions. But as you said, they're going to use campaigns and promotions for their visibility for their customers and that's a usual marketing strategy.
They can do that as a tactic to cater and attract gamblers and let them know that there's a new casino that people should try out. It also lies on the marketing strategist if it's going to click or not.

Because they only see the negative side of gambling, in fact, gambling had contributed a lot during when the economy was down and gambling was legally paying tax to the government. And you have a point, gamblers should know that how risky to play gambling, and most of the time gamblers gamble just for the fun not chasing money. Others also gamble on what they can afford to lose.

I don't see any reason that gambling is an economic cost.

What I see to this is that gambling sites will indicate that no one less than 18 should use their service, only 18 and above can gamble using gambling platforms, 18 year is old enough to know the rights and wrongs. But gambling can be addictive, that is where the problem comes in, but the gambling sites do have a page that address the issue of addiction, I also remembered when I once used bet365, there were many restrictions to gambling in a way not to lose much, but I did everything possible to by-pass it all in order to make us of large amount of money, I was an addict and I lost so much money.

What I noticed is that in countries gambling is not restricted or banned, the governments will only go for profits, it is individual and communities that should focus on how people can become not addited to it, and how addicts can become not addicted again to gambling. Even if people are blaming governments that they have nothing to offer to protect gamblers, yet governments will not be concerned.

If they want to use campaigns, they need to calculate and allocate the money because the promotions will need big money to start. The casino needs to use many strategies in promoting its site. Otherwise, they will have a chance to compete with the other casino because the other casino will have a better media promotion to spread their name out there. The more gambler who will visit their site means they will have a chance to profit from the gambler.

^ But at least the gambling business has contributed a lot to the economic finance like economic growth. Through taxes, governments were earned profits from many gambling businesses. And regarding gambler's addiction, the only way that will help them is themselves. I heard gambling companies that did not accept gamblers once they had already an addiction, I don't know if this applies in the online gambling business. Nevertheless, gambling was still there even though there was a criticism of this, there is advantage and disadvantage that we probably consider.

We need a balance in everything in our life. The same thing with gambling: If we don't have it at all, people will not have a place to get some entertainment and chill, so they will try to compensate it in some other activity, and there is no guarantee that this activity will be constructive for society. But if we have too much gambling, it's benefits will be buried under a lot of criminal activity and too many people will become mad about their losses.

So we need here a balance.

Some governments have opened a Pandora's Box with these gambling casinos, they can't close it again and expect to survive because it's heavily relying on its income from the casino and the results aren't good. So the government may have the mindset to kill it off and if that is the case, then good luck to them. The problem is that these countries can't do without its casinos and the jobs they produce.

In what way will you consider the drug consumption/addiction. My personal opinion it is an economy destruction source. From the government's view it is different, because it brings in money. From common man's view it is a destruction, because it is consumed by him and ruins his health. Further he gets treatment, here who is benefitting. The drug addict is suffering and government is benefitting. One thing the addict alone isn't suffering, he makes his entire family suffer. Same as this is gambling when things go beyond the ability as my spending. I had shared my story on Be a Responsible Gambler (https://bitcointalk.org/index.php?topic=5329777.msg56754600#msg56754600)

Depends on a certain country because there are countries which can really survive out without the help of those revenue generated by Casinos which if they do tend to banned it then theres nothing we can do about but generally most of government do really rely with gambling business taxes knowing that it can really generate more than on any business in the country and despite of this pandemic situation there are still people who would tend to play despite of the situation. Some would be opening it and some would be still deciding to ban or prohibit it,.

Most Muslim countries do not allow gambling, but they still survive. The thing is, if one country will regulate gambling and the money is still coming from their people, then in the end the capitalist will benefit as they do pay taxes but they are getting money from the people.

If you notice, there are countries that allows gambling operators but don't allow their citizens to gamble, that's the way to help the economy.

funny on how they don't regulate gambling on theur country or community but on business they are hard as shit, over rated and not fair (maybe just here on my country,so I'll just leave it to some)
Here most of them are shits, believe me, when you visit some slums here that has those people you'll know. Well I think this is considered to be on 'some' that allows gambling.

Gambling is becoming popular because people have no global purpose in life. 

In the 19th century, people believed in endless scientific and technological progress.  However, the First World War showed that technological progress can serve not only the cause of good, but also of evil. 

In the 20th century, people have a new global goal - space exploration.  However, by the beginning of the 20th century, space exploration projects were curtailed.

Instead, the Internet and the virtual space began to develop.  However, the internet is just chatter.  People are disappointed. 

Therefore, they began to actively seek excitement and drive in gambling.

That's nice trivia, my friend, life is boring actually without gambling because there's no competition and we are not taking risks. Actually, if we think of the positive things, we will be able to appreciate gambling as it really provides entertainment, it also makes people matured and responsible as they will learn to manage the risk.

Gambling helps me to take risk, and with that it help me to become a successful businessman.

Even now, Muslim countries still prohibit gambling because it is against their teachings and of course the government is strengthening now in some countries, indeed gambling can damage many things, not always depending on the casino economy for its government.
But for me the advantages of casinos are not much when compared to others, let's just look at the taxes that we know every year that we have to pay it is indeed the ideal state income so gambling is just a business for big people who can play it.

My thoughts on those points that leads a person towards commiting crime isn't that purely accountable towards economic conflict. It's by individual liability and couldn't be associated with government's interest, so as a citizen of a specific county we should be vigilant on those factors that leads gambling to several negative outcomes.

I'm not hook so much on gambling so I actually don't find life without gambling is so boring, maube you should check yourself since this could end up on addiction. We really know how dangerous the addiction is so before everything will be at mess better change yourselfand your outlook in life since there are actually not good to be addicted so stay focus if you are playing and don't care about the winnings and losing

It should be some people got addicted to gambling and some didn't get addicted to gambling not just people gamble and they get addicted and depressed when lose so much money just like the thread I read not long ago that this person lose £40000 within 1 month and half of the total amount is lose in 1 night. Gambling may result in crime so some of your point is true. Leave it to those who are expert in checking economic situation of a certain country.

Gambling addicts are the one that should be blamed and not the gambling alone because they lack discipline and self-control. There are actually lots of disciplined gamblers who know how to deal with the risks of gambling and they know when to stop. Gambling addicts are greedy people who always aim to win more than what they deserve so as a result, they lose everything that they have. Yes, it affects the economy yet it's their own prerogative.

That's the problem once a person got addicted the mental capabilities is no longer balance,

and like how things turned into crimes or something that unexpected that a person will do.

It's an individual responsibilities that's needed to watch out, the government may look on it and
try to find suitable solution but it's more on the person itself.

this is a life cycle for me and the government has to be ready for this
Countries that receive gambling taxes should not think about the costs that will be incurred on gambling addicts or gambling prisoners

If the economy doesn't want to be disturbed by gambling, then what's the use of the government?
After all, the government should protect their citizens

The country can facilitate the addiction to gambling in the rehabilitation center to solve the addicted problem. Maybe that can help addicted gambler to reduce their fee to cure the addiction. If they can do that like what they did with the addicted to the drug, maybe addicted people in gambling will want to go to that medical center and help them cure the addiction. And yes, addiction to gambling can leads to economic costs increase personally because the addicted gambler will use more money to gamble without thinking about how to cure their addiction.

Yes, the OP presented his/her point of view kind of only from one side, assuming that gambling can only be harmful to the economy. But, on the other hand, I think that's why it's good to create such threads and have discussions. I brought forward some arguments against the position expressed by the OP, and so did many other members. Hopefully, the OP (and other people that might share OP's views) will now see the flip side of the coin and will change the opinion on this matter.

^ Each of us has our own perspective view about gambling, that is the same with the economy of each country, not all of them have criticism on the gambling industry and in fact, this is a good help and contribute a lot when the economy down and the profit that was generated by the gambling was also used to recover the economy. Hopefully, they are, not only the negative outcome of the gambling that they will always see. Because those negative circumstances ahead will be avoided if we really wanted to educate ourselves for possible addictions.

Maybe, the OP did not take into account that the gambling industry is one of the few industries that thrive during this pandemic, and some are even collaborating with their government to uplift the economy of their place. Yes, there are bad side of it especially when you are talking about the gambling addicts, however, there are also good side of it. Either way, it depends on the person what kind of perspective he wants to throw in this business, but at the end of the day, a lot of people are relying on this business.

The gambling industry is one of the most exploited in most nations today. I say this as someone from a developing nation that has watched the way the gambling industry grew quite rapidly with every street having one or two and more and more brands keep popping up by the months. Gambling isn't exactly a bad thing when regulated. Regulated gambling is the reason why a lot of persons are living today. Not because it actually gives them the funds to go by every passing day, no, not at all. In fact, it takes from them but the point is, it eliminates bais. It removes from gamblers any reason for doubt on how fair or credible the gambling process have been and that is a + for regulated gambling. Again, it is being taxed by the government and as one of the most patronised, its also doing great in aiding the nation's economy.

Self disciplined are really important because the government has no obligations to you since you're a gambler and you are told to gamble at your own risk. The gambling site have their own responsible gambling system but I don't think it's enough to help you and If you got addict our economy will still run so don't blame the gamblers for the economic cost. To prevent yourself from drowning into gambling addiction, you have to help yourself on setting plans and strategies and understand the long term effect of gambling to yourself.

I don't think you'll find many casinos making millionaires, even lotteries with their astronomical odds keep trying to make it harder for people to win by changing the game each year (in my country at least). If you do want to gamble and not waste much time, lottery is the way to go. Getting back to the point at hand - Gambling should be legal in every country with an open society, because just like the failed "war on drugs" it will be done either way. The government should raise money from legal play and use that for education/rehabilitation of the perils. People who commit illegal acts like stealing to fund their addiction should not be treated leniently because of the external harm they do. There are far too many cases where thieving gamblers are treated with pity but they have done much more harm than simply affecting themselves.

Gambling addictions are one of the extremes of gambling. The thing is this doesn't happen as much as we think it does because not everyone will have the money to fund themselves to addiction. Lotteries on the other hand do our governments' a favor thru funding and taxation. So these economic setbacks you're talking about should be counteracted by these measures.

Sounds a bit off topic but, have you ever seen or heard lotto.finance? It's kinda interesting on how it works you might want to check it also though they don' t consider it as Gambling lol, even its already an obvious thing.

Lotteries are still in a way gambling. It's just locked between that rule that it requires time for people to actually see the result of their bet. Whereas compared to regular bets, just wait for a few seconds, the results are out immediately. It's probably why it's much more lenient and less gambling inducive activity since it lets people take their time to actually know the result of their bet, thereby letting them have a buffer, not letting the results influence them or anything.

On the note of economy though, it's not like addiction is the only thing that results to funding the economy, regular gambling could do it as well. The amount of people who gamble lightly vs one heavy gambler, which would you choose?

Checked the website and it is definitely a gamble. It is a new way of gambling that involves Defi, you don't need to predict a specific number to play but instead your wallet address is your entry. Players need to hold a particular amount of their token to be eligible in the lottery. Lotto is only held twice a week and their balance is automatically deducted as their entry if it is having a draw. There is only 1 lucky winner out of 4000 current holders so winning from their platform is almost the same as winning in a real lottery. The only difference of their platforms is you just leave their token on your wallet and pray that it will hit the jackpot.

If people like to gamble, they will search for money, even if they need to borrow from other people to fills their wanting to play gambling. We do not know how they can do that, but for them, that will not too hard as they can search for other people and get that money. But the lottery is one of the gambling games. Sometimes, people do not realize that lottery is a gambling game instead will buy the ticket to win some prizes.

It is true that this is impossible to measure since there is simply too much information that is completely unknown to us, but at the same time this is not the only way to measure things, do we really want to live in a county that goes out of their way to regulate behavior that in its nature is not criminal? Basically do we want the government to tell us what to do and what not to do in our free time and to allow them to decide in what do we spend our money? And I certainly do not want that.

Then that is not wrong, if a gambler started that way, there's a big possibility that he will be in trouble in the long run. Gambling doesn't seem entertaining if you are forcing yourselves to gamble, yes, you are forcing yourself because you are borrowing money to gamble which obviously you can afford to gamble at all.

I'll easily counter this, risk is a normality.   Government, nor any person can remove the reality of the unknowns of life, the difficulties of multiple possibilities.   We cant even remove the negatives of bad weather and the constant roulette wheel the world spins on every revolution daily.    Some events can be deadly, some minor and almost all of them have a financial impact to us big or small every day, just plain rain will increase traffic jams and slow progress to business and people generally, harsh rain is easily take a hundred thousand in cost from lost productivity.   Ask any farmer if he believes in luck, his crops can fail from no personal fault.
   To eliminate gambling removes none of these negatives just a game and people can be addicted to anything unfortunately and of course we help people any time possible.

Basically, every human being does not like to be controlled by anyone. Therefore, we often see violations around us, as well as related to gambling.
Many people feel uncomfortable if the government interferes too much with activities that are indeed entertainment, such as gambling.
But the government needs to make regulations regarding gambling, because gambling has the potential to cause negative things if left free.
Because not everyone is able to control their emotions and behavior well when playing gambling,  so I admit that there needs to be rules from
the government for gambling. As long as these regulations do not interfere with our comfort in gambling, and prevent bad things from happening
we should obey the rules applied by the government.

Unfortunately, government do not look at this kind of stat they are more looking at the revenue they can collect from the taxes they impose on these casinos and from their workers and from companies that are associated with gambling casinos, they allocate a small portion of funds from the victims of gambling and they still have a big chunk of the revenues

That is obviously using gambling to make money while we knew that gambling could make us trouble someday. That person will not enjoy gambling as entertainment because he will think that gambling is something that he can try to earn money. When he forces himself to gamble, he will become addicted to gambling sooner or later, and once it happens, he will hard to stop gambling.

Social media has it's own positive vibes so do gambling. Addiction doesn't refer to everyone who participates in an action it's only used for people who can't help themselves emotionally when it comes to using a particular thing. Looking at social media it's users gets addicted to it at some point but risks little or no financial commitment. And a few who do business on social media makes return from it. Now for gambling it's a different ball game entirely. One isn't certain about what your ROI would be and has such it's adviceable to keep your gambling minimal to avoid incurring heavy losses that might lead to depression.

The problem with the things that you pointed out is that you are treating gambling like a single entity in society when in fact it should be part of one whole that completes everything. If there's an epidemic in depression, improving the mental healthcare is the biggest solution to that, crimes can be resolved by giving unemployed people jobs so they don't get desperate and if that doesn't solve it, a police force that is formidable and efficient and have integrity can do the work.

What do you mean by that exactly? Gambling should be part of one whole that completes everything? I cannot see any reason why gambling should complete anything. You are arguing that gambling is improving the mental health care? Are you serious about this?

And in that part the government is missing something , because they are lack of campaigning to warn people to gamble , they only advertised about Drugs , cigars or at least alcohol but gambling?
by any chance is there some campaign from your country that constantly warning people to learn how to gamble first before entering to play>? i mean the right behavior and treatment?
surely none of you has because the government is campaigning the gambling to be operated and not the other way around.

Gambling is part of society even before our ancestors comes to live , meaning that this must be depend on how we treated and how we managed our activities.
saving funds for gambling as an extra amount is what we must do and not to spend more than that.

Allocating your spare money and make sure that you'll not going to exceed will avoid you to face any problem in the long run knowing that the money you use are easy to let go,

Keep yourself busy with the things that already program inside you and not to add gambling as part of it, but instead treat gambling as part of your entertainment the same way you treat things out when you are allocating your money to buy something either your favorite food or things that you spent your extra money.

Gambling is an addiction right? So was with any addiction not being able to perform will lead to stress, anxiety and mental distress, so being able to treat ones gambling otherwise could lead to mental calmness. I think this is the point that @Obito is trying to put across.

I'm not at all saying that gambling is good but if not regulated well (which has been the case for many decades) then people not being able to gamble and then feed into their addiction could to do more dangerous acts, frowned upon by society.

So is there an economic cost to gambling, I say it depends on the argument you could find reasons for both sides.

Yes, but gambling from a revenue perspective remains a zero sum game between the casino and the players (leave out the edge if you will). I think we fail the time we spend gambling with something that is really beneficial to society. Imagine you would build great products or provide helpful services to people who are in need. It is not like we send our winnings to charity, and even then someone is worse off for you being better off.

It is similar with alcohol and its role in our society. Cannabis is at least used for medical treatment, alcohol is not. Yet it plays such a big role and I bet if you ask a beer brewer he will argue that beer is important and gives us pleasure. But does it really? Wouldn't we as human beings just be incentivized to find other pleasurable activities and things if we didn't know drugs and alcohol exist? I am pretty sure we would.

Easy to say but when you are on the actual situation then this is where story begins to go different because even ourselves cant really be sure if we can do this if we are on the situation on where we do get addicted to gambling.

Of course where control is really a main thing but it depends on strong self will and awareness of your actions will really be the key on avoiding such possible unfortunate events that might happen.

You wont get addicted if you wont be chasing losses and wont be chasing on making easy money with gambling.

Look at it this way: the people that gamble are gonna gamble one way or another, only if this business isn't legalized it will all be black market. Thus, uncontrollable and bringing no revenue to the government, but still running and having only a negative impact on the economy.

While legislation not only will bring money but also the possibility for the government to create statistics regarding gambling, truly evaluate the positive and negative effects, propose proper programs to deal with serious cases of addiction (that can be funded by that very revenue), not to mention the fact that this will reduce the risks of people getting involved with criminal groups that might run gambling underground.

If we look from your perspective, then it would be logical to assume that alcohol, cigarettes, nightclubs, etc. should be banned as well, as they bring in chaos, deteriorate public health, and overall can have a bad impact on society and economics, but we're past those times for the aforementioned reasons.

P.S. The term "victims of gambling" is clearly exaggerated, it's not that people are forced into gambling, people choose it themselves because it's fun and entertaining.

I really like your point of view that we have to count into the effects from people not participatinng in criminal (non-legal) gambling groups. This would be super hard to estimate but I suppose we already have in this thread the right amount to write a dissertation about the economic costsog gambling.

Gambling addiction doesn't mean that you have to spent a lot in gambling. Addiction means you can't stop yourself betting, even with the small amount, every single day. Lotteries do pay tax to the Government indeed, but that doesn't mean people will stop betting on lotteries, which in fact doesn't make anything at all except the Government taking this advantage to fund their economy using these taxes.

It's a win win situation somehow, but gambling really have a negative impact to those unfortunates who are risking their money in gambling hoping to get something big.

What you say is actually correct. Even I am more interested in being independent and free but as you say not everything should be left free and unregulated.
Gambling does have negative effects and so does many other things and it is for our best interest that everything is regulated by the governent.
But sometimes the governments take control of certain things which is wrong. This is where things tend to get messed up.
What is right for one might seem wrong to other and sometimes the government use such opportunities for their own benefits.

There's something in it, but, on the other hand, there are far worse things that the government ought to regulate in order to secure the population, for that matter: gunfire, unsafe driving under the effect of alcohol - these things are the current problems in the society, as well as suicides, which are pretty high in the causes of death ranking.

At the same time, the government can't control everything, it's not like they're your parents, their main function is to ensure the overall safety, but not dictate how you should entertain yourself and what are the possible consequences. The grownups should be mature enough to decide such things themselves, and for children, of course, it should be prohibited.

As soon as the government begins to control something "for the good of the person," then in the end the government only gets more power, and for this person it becomes worse and worse. This has already been verified many times. I am for less regulation and for greater human rights - if this does not affect anyone except him, then he has the right to do even those things that (in the opinion of others) will be harmful to him.

This is totally wrong. Gambling was popular since pre historic times. When people started to engrave symbols on bones and start to throw it - gambling become popular ))

So your conclusions not correct at all.

Right. Gambling was very popular in ancient Rome (it is even mentioned in the Bible several times) and even among the ancient Greeks, and it was most likely known well before that. Some would go as far as to say that gambling was an integral part of how society was organized and governed. However, gambling was also viewed as a sinful vice by Christians and the Church (and this feeling didn't diminish much to this day), and therefore forbidden by law. They thought this should have put an end to the games. But it didn't. Gambling games continued to be played throughout the Middle Ages, and into the modern period.

Hence, to say that gambling is more popular in our time than it has been in the past is wrong since there is no standardized method of comparison as far as I know. Of course, with the prevalence of the Internet, gambling has become much more accessible to the general public.

They can do that because they've already resorted to a solution just to fulfill their gambling needs.

They know it that it's a game and they're putting their money with the hope to win even if it's going to take them years before they win. There's an economic impact with the lottery because some of the proceeds if there's no winner are going to charities or to the fund of the government. But for those people that used to bet on the lottery, it already became part of their lives.

Well, perhaps he meant that it could be nice if the government will improve mental health care against gambling and resolved unemployed people because that is perhaps the reason why people keep addicting to gambling. But the fact is, --this is not a right solution, we should start from discipline and make them oriented at all time that the more you gamble the more you will possibly get addicted to gambling. Limit yourself in gambling and you are fine, we should have take responsibility of ourselves not to involve in addiction, we are fully oriented here in the forum compared to gamblers outside.

Gambling is indeed a multi billion dollar industry and its no denial and you can be seen on some biggest gambling capital places in the world on how much they've been regenerating on a single day in terms of profits or revenue and take for example in Macau which is only a very small city but a very progressive one because of gambling revenues where people tend to play even if it turns out to be expensive.This proves out on how big and how important gambling industry is for some
countries in terms of progress and a development. Some people are just way too judgmental that much when it comes to gambling.

It was also accessible to the public before Internet, the difference was that preInternet gambling was more about small companies of small society groups, like neighbors or friends.

Internet just made it all worldwide and give access to the games which was not popular in your local region (and sometimes was not even known)

Due to this pandemic, it's hard to show yourself and sometimes we got easily irritated because of the environment because this is not our real environment like staying at home and it's just a different way to us.

Some of them want to release that boredom and trying to enjoy themselves and try to gamble but not all the time we are winning gambling which causes the player more depression and anger to the game some of them want to urge get their money back by continuously playing but the result is not in favor of them.

This is the reason why at the start we need to know the possible outcome and the risk we will face if we try to play gambling. It's the tolerance of the player how it goes

I think they do but we must understand that things are never simple, lets put the example of the pandemic, on one hand governments had the health of the economy and on the other they had the health of the people which one do you pick? If you protect people and order them to go on a lockdown the economy will suffer but if they let people still do their normal activities we could have a lot more deaths, governments choose the health of the people over the economy and now we are dealing with those consequences, and something similar happens with making gambling legal.

That huge revenues plus many corrupt officials, all those matters are about the money government can take from this multi billion business,

They don't care about the damages as they are collecting taxes and underground fees from those casino owners who are facilitating inside their jurisdictions.

More on balancing the benefits and the damages, money talks louder than anything else.

That's right but that can happen with any addiction, if someone is addicted to drugs it's even worst. I am not advocating for gambling but unless addicted, people can enjoy gambling just like they enjoy trips and other forms of entertainment.

I agree gambling is not coming for free of cost still I guess spending some money for entertainment purposes is not a big deal for most people with respect to their upper living standards. So, enjoying gambling within a limit and not getting addicted to it by playing it responsibly are the few things, every gambler must need to remember always while engaging in gambling.

As I said before things are never that simple, almost everything has upsides and downsides, it is true that gambling can bring some downsides to the community as people could get addicted to it and lose their money, however is this enough so governments ban gambling? No, this is not enough, if governments banned gambling then illegal casinos will surge and people will still get addicted, so governments prefer to make gambling legal as there is not really too much of a difference in the number of people that get addicted while at the same time they get some taxes out of it.

Yes, gambling is a common human activity, if you do not take the extremes (which are harmful everywhere). Gambling creates a lot of jobs, a lot of taxes are paid from the money that circulates there, in addition, gambling gives many people positive emotions and hope, I think this positive impact outweighs the negative aspects.

If I'm honest, I think that gambling has even more negative impacts than positive impacts, and maybe for some gamblers, gambling may bring them profit, because they can win games with various tricks because they are used to playing, and gambling can also increase their wealth if they win, but apart from that, the negative impact of gambling in my opinion is quite large, besides being able to cause depression and even suicide, gambling also causes addiction for the players and can even lead to poverty due to uncontrolled gambling, and worse Gambling can even destroy our homes and many gamblers end up in jail for committing crimes after they lose money in the game.
I think the most important thing in gambling is that we are really able to control ourselves.

There are quite a few external costs as you've highlighted and relatively few benefits, especially as winners who get lucky once have a tendency to pour it all back in. As with things like alcohol, as long as it is approached responsibly by an educated population then it can be fine. However the casinos and bookmakers should definitely play their part, by allowing people to self-exclude and preventing playing for periods of time when the behavior is erratic (such as jumping from a $10 weekly bet to a $1k daily bet). The government also needs to heavily monitor casinos as they have a long held reputation as an easy place to launder money because everyone is playing with cash.

But the negative that you listed is not an integral part of gambling. These are erroneous actions of people, but the same actions can be caused by other reasons/motives. Therefore, if we objectively separate the causes and consequences, we should not attribute to gambling the negative that is caused by extraneous factors.

I do not agree with 3, gambling and jail are not that related.

Yes, gambling has many negative externalities, it is well know. It is particularly troublesome in the physical location of the gaming since it attracts the type of cohorts that live sucking of sucking the blood from the fortunate players. It is also linked to alcohol, drugs, prostitution, etc... Yet it is an economic activity so it also bring employment and benefits and it is not that different from many other activities with strong negative externalities, such as mining, nuclear energy, plastic production just to mention a few. Even cars pollute.

I am not quite sure if this has been posted or answered here, but it would be interesting to know if there have been any studies done on whether there is a higher positive correlation between gamblers and jail time than between non-gamblers and jail time. Intuitively I would expect there is a higher positive correlation, but I would be interested in knowing by how much if that is the case. Does anyone know anything about that?

On personal finance, gambling isn't going to help but in a community level, I am pretty sure that gambling helps a lot because they are a business that pays taxes and those taxes will be the ones that we use to fund the building of roads.

That's what a business should do, you don't blame the knife companies when there is a stabbing or you cut yourself while preparing your vegetables, that's the same for any business, they offer the product or service and it's your responsibility on what you are going to do with it.

I wish people who play gambling can realize that when they lose their money, they do not blame the casino but instead think of what they already did. It needs the courage to accept the fact because it can help us move on and have a chance to be better than before. If you can learn from your mistake, you will grow and become wiser than before to know what you will do when you play gambling.

The economic cost is really huge but if you weigh on the costs, the government benefits will outweigh the personal cost of those who suffer from gambling, gambling is a multi billion dollar industry and the revenue they are going to get is very huge that it can sustain a lot of government projects, and not only that they are employing thousands of people and many businesses are relying on the gambling industry.

Could you please underline your statement with facts and numbers? Your statement is only true if and only if the costs of gambling are lower then the benefits. The point is that studies are missing regarding gambling and economic costs as secondary or third effects, because they are really hard to estimate.

I agree with this.

People can't get in their zone mode when playing in gambling because of the pandemic, physical casinos has been shut down so the only option is online gambling. You'll definitely be irritated when you lost because you're not use to it, others are too desperate on making money therefore they bit the trap of online gambling as well resulting to another financial problem.

So the cost of it is indeed expensive, so much more in the long run.

You are mentioning a very important point. Especially the long-run-pespective is important in this case. Lets take a look at a father with 5 children. He gets addicted to gambling and looses so much money that he cant pay for food. The children grow up in a terrible environment with an increased likelihood of themself getting addicted to something. --> More economic costs.

This can possibly happen but gambling is not a place for addicts people, it can lead them "just like what you have said", 1) depression 2) crime, and 3) go to jail. We, at our own seek, should avoid already those possibilities for us to not get depressed. All gamblers should also be responsible with their responsibilities. I hope you already know what I meant.

Gambling can also be a viable option for those who are depressed already. It can function like alcohol. It is not always the other way around, it is not that you first gamble and then get depressed. You can be depressed but see an exit in gambling because it makes you forget your problems for a second. Sadly though it is mostly causing more problems afterwards as you are most likely not fully in control of your mind if you are depressed and therefore feel like gambling.

You are completely right. For some people the depression starts first. I would point out that in my opinion it starts for the most people with a depression and afterwards resulting in some kind of addiction to make the feel better. What is your opinion on the % of people starting with a depression first?

An interesting point of view and I would add to it - a person who has gone from problems (from real life) to gambling does not necessarily become addicted. Some begin to study mathematics and algorithms in depth (to try to surpass the casino), someone analysts (to surpass bookmakers), in principle, this is an excellent self-development and can be a good impetus to become successful in a new field for themselves.

Depressed gamblers are often seen to be alone and are happy with what they do. They might keep going and whether they're losing as long as it's giving happiness to them, they don't mind about the cost and the casino profits from that person.
There are times that it's not just all about the money but also we'll never know what a gambler is going through. But most of us, we know that it's all about the money, whether you're for fun or for the profit.

But this is quite the stretch for the term of happiness. Sure everyone defines happiness differently, but with all due respect if you are sad and depressed, what you feel while you are gambling isn't really happiness. I just don't buy that.

Happiness is when you have a basic good and satisfactory mood, when you like life and are able to cope with difficulties optimistically and bravely. Happiness isn't when you forget your problems because you focus on hitting numbers in roulette. Happiness is when you have strong and lovely relationships to other people. If you have all other things around you in order, then I believe gambling can make you happy. Maybe on a vacation with a great family around you, when you decide to visit a casino for a night, that can make you happy. But gambling around the clock while having a bunch of problems to solve in real life isn't about happiness.

I agree with you that you don't blame a company if it's product is mismanaged but with a little exeption to gambling where you have to go for the companies product multiple of times within a short time frame. At least gambling should seek for the employment status of the customers as well as their monthly income so the can help plan their gambling every month to avoid mismanaging funds.

It may not be the happiness that we know but that's what they're feeling, they're feeling good if they do it whatever the situation and what they're feeling by that time.

It came from you that we have our own definition of happiness. If someone forgets his problem and focuses on playing roulette then that's the definition of his happiness and we cannot question that. At the end of it, both feelings are invested including the money, and that still results to the costs needed by the casino that sums up the economic need from where it is operating.

Excessive lost in gambling causes depression on the gambler, a feeling of frustration pops up in the mind of the victim which can lead him to stealing in other to meet up his loss.When one is addicted to gambling,there is every tendency that the individual is bound to fail.

That is an interesting approach. I've already thought about something similar, but regards liquor shops and alcohol addicted people. However, the counter argument will be that if a casino doesn't accept a player because he doesn't have a fixed income, this player simply will go to another casino and spend money there, instead of spending at the first casino.
It means the player will spend his money anyway, but the restrictive casino will lose customers and money, staying very below its competitors in the gambling industry and probably going bankrupt.

Blaming the company will not solve the problem because if we want to play gambling, we need to know the risk and should manage the money. If the casino needs to check their customer's monthly income before they can enter their place, that will need time and that can make the customer moves to the other casinos. People want to play gambling because of many reasons, and I don't think that they want to be checked by the casino, no matter what the casino's reason is. The cost of playing gambling will be a concern for the gambler itself, and nothing to do with the casinos.

Time = money. Time, like any resource, costs money, so the introduction of such rules will greatly reduce the profitability of the casino and in order to fix this casino will be forced to raise prices for its services. As a result, it is the players who will suffer for the sake of whom this is all thought up.

There is no need to seek for the employment status of your customers cause it breaches their privacy of right and liberty. A casino or gambling sites does not need these status cause it can slow the rate of their participating customers making it difficult for them to make money. Like we'll Know that not everybody is ready to share their privacy with the public.
The aim of every business enterprises, companies and organisations in business is to make profits, so they're ready to put aside any factors or rules that will limit their aim of making profits.

This is the same way I see it too, it is very difficult to find anything that only brings positives, one clear example of this are cars, there are a lot of car accidents in which people end up heavily injured or dead, and while there are legitimate accidents there are also many circumstances in which those events happened because people were careless, however does this mean that we are going to ban cars to avoid this? Of course not, cars are simply too useful despite the downsides they bring and something similar happens with gambling.

The player will not want to suffer because of the casino. They will try to search for the other casino which does not have that rules and they can play gambling without a problem. Besides that, the casino will not know who is the player that will comes to them in the next days or weeks. Perhaps, the casino can use different methods or using additional rules for their players. But I bet if that does not make their player feel okay, they will not come to that casino again in the future.

Every country have their own economic adviser, they weigh in the advantages and disadvantages of having gambling casinos on their country and many countries are in favor of having one because of the economic gains more than the economic cost of gambling, the government prefers to rehabilitate those who became addicted to gambling or launch a campaign about the danger of too much gambling.

Sure. This is how the free market works. But when the state intervenes in this market with its ideas "how to make gamblers better and safer" we end up with the above-described absurdity - both gamblers and casinos suffer. This is a great illustration of how good intentions lead to bad consequences.

Your reasoning is wrong. It is not just about gamblers and casinos, it is also about their children and wifes. In my opinion "the freedom of one stops where another's begin" - ergo, in this case if someone gets addicted and the life of children is affected, then the state has the right to intervene.

But we need to remember, these days all casinos are adopting any kind of new regulation which may be government compliance or for the welfare of their customers, so we can expect such rules will be implemented at  most of the crypto gambling houses in quick succession which means gamblers may not have any good reason to switch over anymore.

If gambling houses are really caring about their sustainability of their customers then they might need to implement such new kind of rules so that it will benefit all of them like ruining of one gambler's life may get prevented if houses goes for restricting people who do not have regular income streams. Who knows, in near future houses may start adding income source information as part of their KYC.

Your opinion deserves respect.  However, I take a different position.  

A gamer is an adult.  The state fulfills its functions.  However, it cannot engage in total regulation.  This is a direct path to authoritarianism.  Each person is independent in his actions.  He also bears consequences for these actions.  

The woman has intuition.  She is also an adult reasonable person and must choose the right sexual partner and father for her children.  An emotionally weak person can easily become a drug addict or gambling addict.  You don't have to marry such people.  Or to organize such a lifestyle for them so that they do not have a gambling addiction.  

The state cannot take care of its citizens, like a hen hen of its chickens.

Casinos needs to adopt and implement what the government ask them to do, no doubt that to save their business they have to adjsut and follow what the government wants them to do, they can't just ignore things out and not to value the rules.

taking that reasons, there's no way for gamblers to choose if most of the gambling house will adopt everything, if most of the business owners ruled out what the government ask them to do. Nothing to argue since government is more in control in terms of implementing laws.

This is one of the problems with politicians, they think they can fix everything instead of thinking that there are many things that do not need to be solved because if they try then they are going to make things even worse than what they are, but that is the way they think, for them more government intervention is needed which is why we see governments that are so big and inefficient, but do not worry the current situation is unsustainable and governments will have to get a lot smaller during the next decades.

Got smaller during in next decades? I dont think that thing will happen but rather seeing the opposite but actually on some things that you had mentioned was actually on point or simply a fact.
When it comes to intentions then no one could really know if that one does have an intent on the back side or simply totally being concerned into something.
Talking about Economic state in related to gambling then this had been typical or been a standard.

Do you seriously think that a father who becomes good because the state restricts him and makes him be good is really good? And in general, do you consider such a system acceptable when the state "for the benefit of others" commits violence against an adult capable person? This is a slippery slope that killed many good people.


Sure. I don’t remember exactly who said this (it seems one of the US presidents): the government is not a means of solving problems, the government is a source of problems.

The state will be like that. The casino can not do anything if they still want to continue their business. But if they follow what the state wants, I think they will be okay and will not get a problem. But the decision will be at a gambler because they can search for the other casino easily without any force from the other side.

It is not easy to implement that thing into crypto gambling as crypto gambling is available on the internet and the government is difficult to suggest them follow their rules. A gambler will have a reason why they need to switch or moving to the other crypto gambling site and if they think that the rule will limit their access to playing gambling, they will move to the other site.

Perhaps, the crypto gambling site needs to adjust its rules to a new form that can still give its members who want to play gambling without completed verification. Hopefully, the crypto gambling site will not use strict rules for its members.

The existence of casinos and gambling sites could give some opportunity for the jobless to work with the company (as the positive side) but this also gives the chance for the young minds to have an early entry and brought to addiction.

Once gambling addiction arises, it sometimes leads to criminal activities like robbery, murder, and debts. Though it was not the responsibility of the government to take care of these gambling addicts, their concern is how to control such criminal activities. So, it gives additional workloads to the authorities and additional manpower.

Additional workpower to the government - Would you consider this as good or bad? Is is not clear to me how you see it. More manpower to the government can be seen as something really really bad from a very liberal point of view. You can also argue with more police and so on.

I really think what he mean was, more manpower needed because of more workloads, I really think that there is no need for additional manpower, and not all gambling is related or point out to getting people doing crimes, the poverty is the issue why most people are being lead to the way of the crime,

I really think that the most negative about gambling is the way addiction is hitting several people without notice, you can surely blame criminal work to gambling but not often time it is because of gambling.

This is a controversial statement, since you yourself wrote that a gambler is free to find another casino (with less regulation, which means cheaper and more profitable), which means that a casino that fully complies with the state's requirement will lose some of its customers and, as a whole, will be less competitive.

One needs to be careful with gambling to avoid being addicted to it, gambling should be done as a means of cashing fun anything out of just fun becomes an addiction which can ruin a person economic life and hurt the economy because it will cause you to lose money or even go extreme.

We all know the effect of gambling on our economy.How it has turned some individuals into nuisance in the society.When an individual plays game  and continues to loose,he looses his money,and his mind,which causes havoc and depression.He continuousy thinks of his loss and tries to make it up by gambling again.One should try to avoid gambling addiction.

Yes, it is normal for gambling to fail if you have little idea it has economic benefits as well as benefits. There are many gamblers who become addicted to gambling and sell everything and become financially distressed must play as a means of entertainment without financial expense.

Yeah, the consequence of gambling is only individual dependent up to some level and after that it will become a social issue as it has direct impact into the economy of that society and then the country. These are all because people mostly take example from successful gamblers whereas they must need to consider the pathetic situations of gamblers before getting into gambling.

I do not think that it will be possible to engage in gambling without financial commitment. You may start gambling for free of cost and you may enjoy gambling for free of cost but when you turn intensive then you might start spending from your pocket which is the point your economy begins to collapse. But, staying within the level of entertainment-only type of gambling is not possible once we get into gambling and playing for a while.

I doubt that the casino will lose some of its customers because we know that many new gamblers will visit that casino and perhaps, some of them will not have a problem following the casino rules.

Besides that, the casino can still search for new members for the casino by promoting their casino in many places to still get the new members. It will not be a problem for the casino as not all can stay in one casino forever. The casino should know about that.

Is it gambling if there is no financial element involved? Take poker for example, I enjoy playing poker with my friends, but we can't call it gambling until we put money on the table, right?

But you understand that meeting the requirements costs a certain amount of money? Accordingly, if a player in one casino sees a coefficient of 1.8 and in another one for the same event is 1.9, then he will go to casino number two. Whoever offers the best odds will get a client, and the casino that spends money on making crazy government demands will not be able to offer the best odds.

Is it possible to gamble for entertainment without putting your finance? I don't think so because every time we engage in gambling,we always do it to make profit and not  to catch fun.we think of making money while in the process loose our money.Most atimes we even touch the money we kept aside for some important thing,and when you loose it,it seems to cause depression on us.

This is why when a person decides to venture the gambling world, he should be prepared for all possible consequences.
Because if your hard-earned savings is at stake and you can't afford to lose it, better not to get involved in gambling.
But sadly, many people will just follow their inner desires and so they can lose that money. And that will start more problems on his end.

Depending on many things that make gambling cost a lot, therefore if there are people who intend to build a casino, besides having a lot of money.
But it must have excellent financial management capabilities, so that the casino can run well and provide benefits for its owners. It's not easy to
have a casino, there are lots of unexpected costs, sometimes some casinos are subject to high taxes by some countries. So it is necessary
to manage funds properly, so that the casino does not suffer losses.

What makes gambling entertaining is the adrenaline and hope of winning money in a given game. Without any consideration, it would be purely for entertainment but the feeling will not be the same compared to a game with consideration.

As previously mentioned, the game of poker will be converted to a normal game with just a winning prize. Without the involvement of risking your own cash, I personally think that it will not be called 'gambling' as you are not gambling anything.

Perhaps, you should know that some gamblers will not have a problem if one casino high costs than the other casino because they search for the comfortably which they want to get when they are playing gambling. If they can get that, they will not moves to the other casino, even if that casino offers a low cost.

That is why every casino will offer the best odds and the gambler will select what they want. Once they see the casino can give what they want, they will follow what it needs and they will just stay to playing gambling on that site than to moves to the other casino.

And what qualities of a casino can outweigh the best odds in your opinion? If we are talking about online casinos, then the comfort is almost the same everywhere, since there is no problem of distances, different staff or something else. Plus, when the player is at the stage of searching, he first of all sees the odds, he learns about the differences in comfort (if any) later.

But would you agree that there is such a think as fake happiness? For example, you get extremely wasted, have good talks with a friend after a bottle of whiskey, but they day the problems are still there and you are even less motivated to solve those problems. There can definitely be people who are truly happy when they gamble, I agree. But there is also that other group.

I agree with you. It might seem like a way to fill someone’s happy meter, but some people do things because it is their escape and distraction of some underlying emotions and problems. Maybe some people do gambling for this reason, or with a hope also to win that could perhaps aid in solving problems they carry in life.

I said that governments will have to get a lot smaller not that they got already, why? Because they will have no other option, global adoption of bitcoin is already underway and it does not matter what kind of regulations they pass people are going to do whatever they want with their bitcoin including not paying taxes, and when we take into account that things are getting unsustainable thanks to all the money they have printed then they will have no other choice, I know it seems hard to believe but long term this is where we are headed.

Why do they allow gambling to such extent when they already know how expensive it can be to the society? Why to allow casinos at the first place? It is because governments collect hefty taxes from this industry in order to let it run, the same goes to drugs and alcohol. If we expect the change, we need to be the change and start taking the first step so to let addicted gamblers come back under the category of normal gamblers who know and understand their limits.

True, taxes.

The government can impose not just 2x or 3x or 4x in taxes that they get from the usual business or company but they can impose as much as they can.

And the casinos won't have that much anything to say as long as they're continuous in operation, they'll only be following the orders of the government where they're found.

If they are playing gambling because of distracting their attention from a problem, that will not be good as they can get into trouble from gambling, especially if they lose the money. We can not imagine what he will become if he loses the money while when he finishes playing gambling, he still has the other problem. He will feel that it is too bad for his day. So maybe he needs to solve his problem first before playing gambling.

What exactly do you mean by "to let addicted gamblers come back under the category of normal gamblers"? Do you want addicted players to come back to the tables? In my opinion this would be a very bad idea, because this would make these poor people worse off if they are able to gamble again.

We all have different perceptions to this matter, I get your point and it's also need to consider, there are people who can enjoy gambling without getting addicted and enjoy drinking without being labelled as addicted to alcohol.

People who knows how to limit themselves are those who are responsible enough to continue doing this kind of activities.

And on taxes, government both straight and corrupts are leaning to this side of market / industry knowing that it provides a good amount of collections, which we called sin taxes.

The Government is not the one to blame for this, it's one of our nature as a human being, we like to play gambling and gamble, so instead of preventing us, the Government tax it instead of shutting it down to profit both parties. Government needs tax for the development of a certain country and citizens needs an adequate community to live in.

It's a win win situation, let's just admit that some people really likes to play gambling and some people doesn't really want it, but it's okay, we have our own hobbies.

Gambling addiction is left to those who can not discipline thierselves which is same in every activities whether bad or good. Addiction is quick to occur when someone enjoys doing something always. The government has a lot of ways in regulating addiction whether they spend more money on it or not through tax revenue. Individual and cooperate enterprises pays to the government.

The human nature always will be dealing with bad or good scenaries. The important is that it can and knows how to find the best way to solve these challenges.

Thanks God we've been doing a relatively development on this, but some rules are needed to not allow problems like this destroy one society. The impact must be calculated and, like "Minority Report", the film, has to be predicted!

Anyway, gambling can be balanced by the ones who are on the top, as authorities or entrepeneurs!

We can't face it as bad only!

If they successfully cured themselves by moving on even though they've lost a huge amount of money, then they should be left untouched especially those who worked hard to get to the place they are right now. They are not just suffering from those addictions because I think most of them have some huge financial problems too. If they continue to play like there is no tomorrow then that would probably happen when they lose everything in a single night again.

You misunderstood my point. I meant that the gamblers should be stopped from playing a lot and let them be capped at some point so they will not lose what they can if they continue to gamble. So if this cap is imposed and they have lost that much, they will not be allowed to gamble for some time which may move the addiction of gambling out of them.

Okay, sorry for misundestaning. I totally agree with you. The issue here is that there are many substitution goods for gamblers in general. So the cap for a slots gambler should also be applied to roulette. Of course this will increase the black market, but in generalI really like the idea.

They have no other option, the only other possibility is to ban gambling and then now you have two problems instead of one, not only you will still have the same number of those addicted to gambling now you need to chase the people behind the now illegal casinos, also it is impossible to limit how much people can gamble, if for example the limit was set to 500 dollars to non-VIP players and an addicted gambler had 5000 dollars then that person will just play in ten different casinos and lose their money anyway.

Another good point. The government needs to weigh things out as problems will show up if they start the ban for this industry, knowing that there are already people who are involve to this business.

Those owners will push the business to run even in terms of illegal activities, money will flow without any benefits for the government

while they need to spent time and money to arrest those illegal gamblers who will continue to play even restrictions already been  rule out.

But if the government implements strict rules regarding it, those who will push its limit into illegal gambling will be punished severely and they won't even think about it as their alternative. But those people who are drawn into addiction will only find their way to play even though it's not in their country. most of them have access to online gambling to suffice their hunger to play which is the case where the government has not yet enough control because of how tricky the internet is.

This has happened throughout history and it is not something new, it happened with alcohol, it happened with gambling and it is happening right now with drugs, governments have fought a war against drugs for decades and after the fortunes that have been spent on this and all the lives that have been ruined governments are finally changing their tune as they are realizing that it is useless to keep fighting against something that will never disappear when they can obtain taxes out of it.

Online activities are something many can't control no matter how good the government is. Unless they will be putting a team or unit that will just simply focus on monitoring online activities of gambling. But in today's era what will matter most is if the website is register rather than checking if addiction occurs in that player.

That is the thing, when the only way you could gamble was by going to the casino then there was some sort of way to regulate it or to make it illegal but now that gambling can be done online and it has become so popular then this is not longer possible, after all even if gambling is forbidden in a country what is stopping a person from getting some bitcoin and gamble that way? Nothing can stop a person like that since the government is not going to know that this person is gambling, so governments have no option but to make it legal and while this is not the case in all countries around the world it will eventually happen.

Addiction is a habit that won't stop in a day. It is a gradual process for a habit to be stopped. Trying to use force for an addict may not work rather it can get worsened because bad habit fights back. Even when you take the casino or gambling office away from the gambler, he can find the place.

And this is why this market is profitable due to that kind of behavior or on when people do really end up on being an addicted person.Gambling business wont really be generating

lots or big revenues if addiction doesn't really exist on the first place and since human beings is highly reactive to money or when it comes to that then these are just common behavior

for someone to see.We've seen on how gambling business do share up with bigger allocation in terms of taxes which other or most business cant really level with it
because its of course on the revenue they are making out of those addicted gamblers.

Yeah, that's why the gambling businesses are standing firm and the effect they give positively to the government through their contribution and taxes is quite big. While on the other side, they also know that there's a bad effect on those addicted gamblers that can no longer control themselves. Well, there's a balance, there's good and bad but worse for the gambler that can no longer redeem himself because of his severe addiction and don't know where to get help.

The addiction to gambling needs time to stop the habit and with having a good effort and support from their closest people, they can rise step by step and prevent the addiction in the future. It is hard for them but that is the must thing they must do if they want to solve the addiction problem. The gamblers need to realize that the casino is not asking them to continue playing gambling, but the gambler decides. Using limitations to playing gambling, they can slowly know that the addicting problem is the urgent thing they need to solve.

Capping or playing gambling with a limit as a feature in a gambling site won't be implemented because it's a business. The gambling sites doesn't care about their players getting addicted because it's a favor on them, the more addicted players they have, the more bankroll they can get. Also, it's not gambling site's responsibility to cure your addiction, it's your responsibility to control yourself when you're playing gambling so you won't suffer the consequences at the end.

Gambling doesn't have negative vices alone there are also positive vices as well. Taking for example a fun seeker you Gamble's at his/her odd hour would certainly do it for the fun of it even if the game turns out positive or negative that is a winning game or lost game since it's done with a fun. Mindset he catches the fun from it and moves on. This could also help curb boredom and loneliness

Perhaps it is appropriate to say this about real casinos, where people come to have fun, to be entertained... But if we're talking about online casinos, it's probably impossible to get it all there, like in a real casino... In online casinos there's a high chance of addiction...

I don't know if you have considered any similarities between gambling and trading? I have achieved a similarity in terms of the concept, because if I see trading as a long-term business it will give profits, that is, I can operate every day and it generates very small profits, in the long term the benefits will be seen, as it happens in gambling, if we play and have small profits we can have long-term profits.

The danger of both is that you can fall into despair and probably vice, it is a matter of being very careful and having the psychological aspect in a very high way.

gamblers are expected to start trading, prior to investing, it is the same interest in mind, and daily traders are pretty similar to gamblers
nevertheless, it is not the same, gamblers usually settle their bets within short time frame, with two possible outcomes, and traders have a chance for a turnaround in few days, regarding their trade, and trader could close a trade with a small win/loss, it is not just total win/loss situation

Yes, there are many similarities between exchange trading and gambling! And there and there most people lose money! ;D I do not know what percentage of successful gamblers, but among traders it is about 3%...
Yes, sometimes I trade at the exchange  too but I can not call myself a successful trader, it's the same with betting, sometimes I lose more than I win ... And I`m sure I`m not the only one! ;)

Almost the same is actually very different. traders have a concept like a big risk investment. different from gambling is that the results occur at the same time. I don't think trading is gambling. because there is a fundamental basis through charts and analysis.

Not only in online casinos but also in real life casinos. Both of them can trigger and can give addiction to those gamblers that are not responsible for their actions.
They have an impact economy and gives profit to the casino but the recoil also hits them for addiction as they gamble.

for me it's all just a normal life cycle....countries that got big taxes from gambling should provide rehabilitation and other costs if an addict commits a crime or wants to stop gambling.  see how gambling addicts in countries where gambling is not legal and get big taxes from gambling, their government won't provide rehabilitation for gambling addicts.

Not quite so ...

Trading also has its own croupier (crypto exchange), which takes a percentage of the transactions of all players.  The probability of making a profit usually does not exceed 50%.  This is especially true for short-term trading. 

At the same time, a trader can increase the likelihood of his winning by developing his analytical skills or using inside information. 

The player does not have such an opportunity.  Most gambling is based on luck (except poker).  The player has no control over his luck.  It is beyond his power. 

Consequently, he can acquire the syndrome of "learned helplessness."  This is a very terrible thing that destroys the human psyche ...

Gambling is very dangerous and harmful to the society because its keeps one in a particular place and while away your time without you knowing with statistics not more than 30% of gamblers normally wins a game.. it’s very addictive to some persons more than drugs, because some persons uses the last money they have to place a bet and be ready for the results without reasoning on what to do next.. I’m of the opinion that 18 years shouldn’t  be an ideal age for gambling, the age before you can gamble should be the range of adulthood

It's because he's comparing pretty much in comparison a pvp area (trading) to a pve area (gambling). Even if we don't consider exchanges, the realm of casinos winning vs players winning is quite different since casinos are mostly a pve instance, especially in cases where casinos actually eat up the money of the player. PVP gambling is pretty different imo, it acts as something like trading where everybody plays against each other.

I do agree with trading making more money for the player while gambling makes more money for the country through tax though. I do think however countries would inevitably find a way to tax cryptotrading, one way or another.

That will depend on how each people gamble. If they can control themselves and always limit their money to gamble, gambling will be very dangerous because they know to stop the game and quit gambling. The addiction will come to people who lose control over themselves and they only see that gambling is one activity that can make them feel exciting. 18 years will be the limit for people who want to play gambling and if they are under 18 years, they will not allow gambling. But in online gambling, teenagers can play gambling without anyone know.

I agree with you on most of the parts of what you said regarding gambling and its problems, Gambling should always be for fun and Social bets but that's not how everyone looks at it, Many people want to turn their initial investment into gambling 2x or 10x or so on but end up losing most of the time, The longer they keep on betting the chances of them losing increases, but many don't know this and continue on this path till it's too late to turn back and they are under the debt.


I don't think it's good for the economy, people losing their money in it most of the time and ending up doing bizarre things to recover their losses rather than getting over it (Which is quite hard tbh), Once the gambling companies stop getting profits it will not benefit them and they'll stop providing their service which will result in their employees losing their jobs and finding some other work after all those experience they had in the company, maybe that managing experience will help them somewhere else.

t could be gambling if you don't know what you're doing and rely solely on luck, but that kind of strategy won't last long because if you get hit by bad luck, your account will be burned. The trader primarily employs fundamental and technical analysis. I've never seen a gambler try to trade using only their gambling knowledge.Before you begin trading, you should be well-versed in the subject. But, in terms of gambling, I mostly agree that it is for entertainment, and that some people make a living from it.

Gambling is a business where the dumb money replaces itself with smart money. It is as simple as this. The odds are against the players' favor. Otherwise, the casinos wouldn't exist. If you know that information, you can't ruin yourself financially even if you wanted to.

Most people that lose their life savings don't know that or don't care hence the name "dumb money".

Gambling is a very bad thing to do, but sometimes those who gamble are only limited to channeling hobbies even though in the end they lose money, a gambler in my opinion must have good financial management so that he can manage spending money in gambling, financial management A good one will certainly make gamblers able to minimize bankruptcies that might occur due to gambling. it is not uncommon for gamblers to go to prison for criminal reasons and this is caused by addicted gamblers who need money to play games so they inevitably have to commit crimes to earn money.

yeah right, I agree not only online casinos but also with offshore casinos. Addictions is everywhere most to those who are engage
too much and don't have any control with their actions.

Without limitations casino owners will keep sucking your money and they will keep enjoying entertaining new gamblers that might
triggered addictions inside them.

Most of the time, casino owners keeps the high rates of winning coming from those gamblers who played from their platforms.

But when you go to a restaurant and drink $ 100 wine (which costs $ 20 in a regular store), you also have no chance of getting a refund or even saving your money  ;) But a lot of people behave like this and it suits them, they consider such spending to be acceptable. I think the majority of casino visitors think the same - it's simple spending on entertainment, not dumb money.

Another topic talking about gambling addictions? This is netting a lot of subjects. I can talk about this because I've already fallen into this addiction, I luckily didn't get lost in it and managed to stop at an early stage.

I'm in favor of laws that implement high rates for everything that is harmful to health... smoking, alcohol, prostitution, gambling. Prohibition is the worst way because it leads addicted people to seek illegal means, which is much worse.

With the fees collected, governments can better plan investments to remedy these problems and invest in prevention measures too. I've also seen countries where gambling houses have certain "benefits" when they can show that they have control measures in the games (a requirement in the declaration of income and monitoring of players who mostly consume their services).

I think we are discussing a slippery slope problem crosses with individual preferences. When you say prohibition leads addicted people to seek illegal means, high tax rates could achieve exactly the same. For some players at much lower rates, for others at higher rates. We wee that already in everyday life with other income streams. High tax rates can lead to tax avoidance/evasion while others even try to get around a 5% tax rate in Cyprus. It really depends on the person, but when addiction is involved or criminal energy anyway, it doesn't matter whether it is prohibition or high rates, nothing will probably stop them.

If you are a heavy weed smoker and you pay 20$ per gram in a pharmacy but you have a friend who sells it for 10$, there is quite a big probability you'll take it from your friend (not you exactly, but in general :P).

I agree with that, most casino goers are just having fun, they can even spend money on drinks that are expensive just to enjoy their time in a casino, so there's nothing to complain about, we just need to change our mindset and consider gambling as entertainment so it will not hunt us and we are safe from getting addicted.

^ That is why we gamble on what we can afford because it is purely entertainment not your source of income. You guys, the example above was right, just like watching a movie in a theater, you will not entertain very well if you won't buy popcorn and of course, drinks which additional cost. Those people who are in addicted to gambling are just they are greedy because they gamble just to aim for money, and even though they can't afford it they will always looking ways just to continue their habit.

I would be very careful to confuse addiction with greed. It is well known that addiction can be a clinical condition. Now you could say greed, too, but the two are in no way to be confused with each other. You know, when there is this father of three who has a wife but just can't stop to gamble and loses his house and the whole family? In most of the cases I bet it has absolutely nothing to do with greed. Addictions are really really bad and usually need treatment more often, depending on the damage is already causes for that person. There are people who are addicted to stealing. Take this quote I just googled:

"Kleptomania is a recurrent failure to resist the urge to steal. In most cases of kleptomania, the person steals things that they don't need."

They aren't stealing because they are greedy. There is just an error in their head which they can't get under control or fixed. I see it the same way with gambling addiction. I admit though that maybe even greed could represent a kind of addiction in itself.

While it is true that addiction can happen the majority of the gamblers can enjoy it without suffering any bad effects on their lives and if anything I will be more worried about people being addicted to their smartphones than gambling addiction as it is way more common, also in most countries people are considered to be adults at 18 years old so it is impossible to stop them from gambling if that is what they want to do, unless you propose that age is pushed even farther back which I do not think it is going to be very popular among the young population.

Could you please underline this claim with facts? This thread should be based on facts rather then based on beliefs. So do you know about a study stating that the majority of gamblers can enjoy it without suffering?

I do not have such statistics (although I would look at it with interest if someone provided the relevant research), but I can assume that if a significant number of gamblers suffered from their addiction, then gambling would be prohibited everywhere. By the way, would it be nice if you first clearly defined what you mean by suffering? The range of this concept is quite wide.

I agree with that, however, that number might only be a small percentage only if compared to the total number of people who are gambling, the reason why gambling platforms still exist and in fact, their industry is improving and continue to be one of the most lucrative business on earth. Gambling addiction is a gambler's fault, not on the gambling site.

We can not yes just blame gamblers. But I would say, addiction depends on its existence. I mean, as long as either gambling sites, tobaccos, alcohols and etc are available, none can be stopped from utilizing / using it. So, in other words, their existence is a kind of temptation to use though. I remember, early in 90s, lotteries were sold and many were addicted to it. But now they are all stopped in many places and this diverted its users to other activities. So, everyone is responsible for addiction and not only who gambles.

As they say, the gambling industry is a billion-dollar industry and it's just amazing to see that despite the pandemic, the gambling industry is still very profitable. According to this reputable site, U.S. gambling revenue this year has broken the previous record.

https://www.forbes.com/sites/willyakowicz/2021/08/10/us-gambling-revenue-to--break-44-billion-record-in-2021/?sh=7ef3c6bc677b

^ Definitely right and I totally agree with this, that is not the fault of the gambling casino, it is on us as gamblers who should have control ourselves not to become addicted to gambling. I don't understand why others and blame gambling sites that cause the economic cost of gambling, which is a completely irrelevant question. There are so many forms of addiction that we must take an action not only in gambling. So it the problem will rely on us how we can handle the gambling addiction, not on the gambling itself.

There are people who are irresponsible, you just have to understand that.

They made a mistake but they can't accept the mistake, instead blame the gambling site.
Just like when a person is getting drunk because of Alcohol, it's not right to blame the alcohol, it's the person's mistake on why he drinks too much that resulted in him getting drunk, I hope they'll understand how simple it is.

Largest mistake you can make is within money management while playing the game.  Expecting too much too soon or making overly large bets that cannot be sustained will lead to a loss and frustration more often.
  But to have a simple plan executed with dedication can pay off,  be able to return every day to play and master that game and you will have the durability to experience both winning and losing sections of the game, learning better to judge when is most likely every day you play.   Never try to rush a win, it can be longer then expected in arriving.

People have a tendency to blame everything and everyone else except themselves! I don't believe in addictions, I believe in people who are making their choices! We can all chose to abuse something, but abusing leads to contra effects, there's no action without reaction! When people get themselves into some deep problem, they start thinking about what went wrong, but it's already too late!
It's something we all go through... and we all learn in the easier or harder way! And of course, there is a group of people that never learns... sadly but it's the truth!

It puts a high cost to the respective family of gamblers but government prefer the money coming in the gambling casinos and online casinos, the gambling industry is a multi-billion dollar industry and its taxes and contribution to creating more jobs is something that the government weighs more important than victims of excessive gambling, they can only put up rehabilitation and a strong warning to the gamblers and their families about the harm of gambling.

Unfortunately, a lot of people failed to see themselves on the situation. Or maybe, they don't just want to admit it to themselves about their addiction. So yeah, the casino itself should not be blamed about the gambler's situation but himself. This is why gambling business is thriving because let's face the fact that the longer the gambler is playing, the better for their business. And they don't care where the gambler gets his money.

An interesting article, thank you, it's a pity that there is no information on the profitability of this business or, roughly speaking, about the total turnover of money. In fact, the figure of 44 billion looks suspicious to me, while individual firms began to exceed a trillion dollars in capitalization, the whole industry here generates only a few tens of billions of profits?  :-\

Definitely gambling got lots of externalities to our society from both gamblers and casinos end. Unfortunately most of the government are not having any kind of regulation to consider/take care of common people from those economic costs of gambling. It is kind of unique thing because the responsibility purely lying on gamblers but in some sense gambling houses also highly responsible and must take actions at least from their end.

Gambling houses must work in a way that gambling should not become addiction to gamblers but that will end up in negative consequence for their revenue which is the reason why they are not bothering about externalities of gambling.

There are also casinos where you do not have to pay taxes. I don't know about whether the casino has to pay taxes, but then it wouldn't be too good for the economy. Online earnings often disappear on offshore accounts. Then the government gets it all wrong.

Most of that $44 billion is coming from Vegas alone probably. Compared to Vegas, online casinos became much bigger I think and most of those online casinos don't operate on the US soil. Their headquarters are on some offshore island.  Of course they do that to pay less taxes. (or not at all) 

Most of them don't even accept the US players so they won't get bitch slapped by the US law.

People often attach negative sentiments when the word gambling is mentioned, because gambling can become addictive, it is what is most feared and is what is considered bad.

As much as gambling is feared, there are also some positive economical benefits to it just as you mentioned,  and some states do not consider it to be illegal because apart from the tax revenue benefit to the state and the creation of jobs for individuals, it also boost local retail sales as some of these casinos have lounges and restaurants as well as rooms that tourist or visitors can patronise.

So if visitors decide to sideline external outlets like the restaurant, hotels and lounges that are in the city to visit a casino, they still spend the equivalent amount in patronising in house facilities like these restaurants, lounges and rooms that these casino's have thus, local retail sales is sustained.

Gambling is indeed a business type with high externalities per economics, but the reason gambling dens and pubs get away with this is because of money. They bribe authorities, sometimes the government allows them to operate within their borders so long as they pay tithings, these taxes are supposed to counteract the externalities the gambling den will incur during its operation, yet of course only a small percentage of the tax ever goes to where it's supposed to courtesy of good ol' corruption. These for me are the biggest reasons why even though allowing a gambling den to operate is detrimental to the society, it is still allowed to operate anyway. Most casinos are obliged to pay their portions to the government in the form of taxes, those who do not either operate behind the government's radar or had simply paid enough mouths to shut up during meetings. Either way we must agree that these types of business-models shouldn't be allowed because not only is it damaging enough to have a gambling house operate at its leisure within your country, but the fact that they don't pay as much locals would.

I do not think so, according to a report I have read before, out of twenty people, five people are likely to be addicted, you do not just know them because gambling addicts do not want to tell anyone that they are addicts. Out of 100% of the people that are gambling, do not be surprise to see 20% among them to be an addict. Though more of gamblers are not addicts, I mean 80% percent are not likely to be addicted, but that 20% is still a very high number if related to the risk gambling can pose.

I found an interesting article on the capitalization of online casinos (I think only legal ones are taken into account) https://companiesmarketcap.com/gambling/largest-gambling-companies-by-market-cap/
https://i.imgur.com/LBSg6XO.png

The total capitalization is a quarter of a trillion dollars, not so much when compared with the capitalization of Google or Amazon. Interestingly enough, the overwhelming majority of companies are from the United States.

20% of those actual gamblers, that's seriously high and if they continue and not doing anything to solve this addictions.

Imagine how huge the problem each families will need to face, losing a lots of money that supposedly for other important purposes,
but due to addiction gambler who have this problem will risk it without any thoughts.

They are no longer in their right minds that's why they can do this kind of stuff which is unhealthy.

No you are wrong Oshosondy. If 5 people are addicted among 20 people, it means the overall percentage rate is above 20%. It corresponds to 5x5=25% of the population. One quarter of the gamblers then. Those figures are very high and I don't think they match reality because I've never heard that one quarter of traders would be addict while it's almost the same activity at the end.

I think it is better to say that people who've been so attached in gambling see themselves that they were doing gambling more than they expect but they can't refuse to say no to their hobby and still get into gambling. I mean as a gambler it takes a lot of courage when you decide to quit gambling or even let say when you decide to limit yourself from gambling because it is not easy for them. I've got to know one of the economic cost of gambling here in our country, especially at this time of pandemic our government allotted a cash assistance for every affected families of pandemic but there are some people who used their money assistance from the government to gambling and it is totally unacceptable.

Gamblers do have to dare to take steps even though this will be a big risk too, but as a hobby you must know how to limit yourself from your finances, don't just rely on economic costs, this will be very complicated if you are involved, in a situation like this there is very little help from the government but don't use it in gambling it will lead to big mistakes and can't recover if you lose, if someone does something like this then I think he doesn't think long ahead.

If that percent is real, there's no reason for the government not to ban gambling, that's an automatic ban because it only says that gambling does make the life of the people harder, and although the government makes revenue from taxes, they have to increase their budget to rehabilitation and most probably crime rates will increase, which is not a win-win situation for them.

Casinos pay big taxes I think, any gambling establishment has a higher tax rate compared to a normal business establishment. Also, it's not the clients responsibility to pay taxes, they are clients and it should be automatically deducted and if in terms of wins, I think it only applies to lotteries. Offshore accounts are easy to trace, you just need to have a dedicated team to hunt them and countries that offer them are getting fewer each year.

For businesses to be more profitable, they will not declare everything their earn, the data is only based on the amount declared but in reality, they are making more than they declared. However, it's just speculation in our mind since we have no evidence, but as a mature person who is in business as well, I know how accountant does to make the business minimize the tax responsibility, and that is by reducing income and increasing expenses per record.

I think there are two types of gaming addictions:

1.- The gambling addict, who usually gambles as much of the time as possible, and does not mind risking a lot and losing it, in general these types of people tend to lose everything, and have many problems and pretend that nothing happens.

2.-The other type of player who usually goes to the casinos and watch them play, they play little, usually they are in the casinos to see and take advantage of the food and drinks (this in the traditional casinos) the case of the casinos online there are still them, I think they play very little but they like to be there, and that can also be treated as an addiction because they stop doing the normal activities of a common person.

These types of people are usually divided into many branches, but they start from those first two premises. I have a friend who is a psychologist, and he tells me that everything starts from there.

I guess so. The client or the members is just a visitor on the business, and if they should pay the tax, maybe that is not the tax like the gambling business paid.
But if the clients won some money, they need to pay taxes that will deduct from what they win.
However, suppose the government wants to hunt the business owner with money in the offshore accounts. It is not easy as it will need cooperation with the other that the situation and conditions in the related country.
We do not know how online gambling games pay taxes because many online gambling games operate out of their country.

  People who addicted in Gambling are easy to them to find a way to go on site, and money .Some addicted they can think about their day is incomplete without the gambling cause they accustomed and they just routine the gambling. Some gambler will get a mental ill because they are uncomfortable if they can not go gambling.

After becoming addicted to gambling it becomes very much upset with not only the economic cost but also the emotional losing everything creates an uncomfortable environment a kind of negative reaction begins gambling is when a person's thoughts actions behaviors etc. are silently consumed when despite repeated attempts the action cannot be stopped, and gradually all economic family or social relationships begin to deteriorate it will be worn in mental illness too much tax is bad for the economy.

Not courage, just a plain old dose of reality is enough to accept that you did all of it, and that it's nobody's fault but you. It's not courage, it's just being responsible to your actions that's going to make a difference.

Yes, but unlike smartphone addiction in gambling there's also an adrenaline rush where the outcome is unpredictable and money is on the line.
So there's a huge percent chance that many people will get addicted to it, if not for profit then for that adrenaline rush it provides, And I think most of the earlier casinos started for that.

Hmmm ... to be honest, I can't seriously take the idea that in a country with very tough tax laws, where you can easily be jailed for tax evasion, someone does something like that. I think the discussed figures are very close to reality, even if there are some inaccuracies. Of course, there is always a black market, but we are talking about legal business, so we can ignore it.

Adrenaline is a survival hormone. 

When a person is attacked by a predator, the level of adrenaline in the blood rises sharply.  This allows you to engage in battle with a predator.  Another scenario is possible.  A person can simply run away from a predatory beast. 

Also, the adrenaline rush allows you to approach a beautiful girl and get to know her.  And then start a family and have children.  However, it works differently for gambling. 

If a player plays daily, then he has a daily adrenaline rush into the circulatory system.  This destroys the human body. 

Therefore, daily gambling is harmful.

That's happening mostly in countries where regulators are corrupt, the company does not pay the right taxes and when they are audited and found out the tax deficiencies, they will just settle with the auditors and pay them to settle the problem between them, so the government will not make the right revenue here because it goes to the pockets of the corrupt tax regulators.

Common things that do happen specially into known corrupt countries where these settlements do really happen once those establishments didnt really pay up tax well.You could really expect that there would be some

arrangements that would happen behind the curtains and would ending up that those money would really just go into the pockets of those corrupt officials.

Is this something new? No its been a normal scenario that could happen from time to time and lets embrace this sad reality.

Therefore even if how big the tax for casinos, it is still up to the implementors because if they don't implement it properly, the government would still not be able to achieve their target as these officials will only become richer from stealing the money of the people.

No in our country, lol.

Sure. This is constantly happening in undeveloped countries - the most profitable sectors of the economy (where much intelligence is not needed) are controlled by corrupt officials and it is difficult to find real numbers there, since everything is hidden. But in this particular case, the conversation was about the United States, so such small (relatively) numbers surprised me. However, I tend to trust them because in the USA it is quite dangerous to joke with the law.

Tax evasion is a serious case, the USA is strictly implementing the law that's why they benefited from the taxes they will get from casinos, and they should be an example of other countries if they want to fully maximize the revenue of taxes, it actually starts with the strict implementation of the law, this corrupt officials, however, are not afraid of the law because they know they can also pay people to keep them doing their corrupt business. What's worse is if everyone is coordinated in making corrupt practices, so it will result in a country going down and the poor will struggle more.

When we say corruption, it does not happen in a certain industry only, it could happen to all so the effect is really huge.

As long as the adrenaline is focus in gambling I don't think there will be a cure, the excitement of playing in a gambling venue online or offline create an adrenaline rush and this is something that makes the gambler alive, the professional can cure by giving the gambler an alternative to focusing the energy, it could be anything like playing basketball or painting there are many things to redirect the energy.

Agreed, it's the same with carnival rides that give you an adrenaline rush and make you want to try again, as well as games that make you feel the rush and make you want to try again and again in the hopes of winning. The feeling of winning in gambling is unlike any other that I can describe, and it is extremely addictive, unlike playing games or any physical games. It makes you feel extremely happy and amazed in ways that no words can express, but it will make the gambler addicted to it.

That is the problem. Many times problem gamblers know that what they are doing is wrong, that they should stop, that they are losing more than they can. But it's not a question of rationality, it's an emotional question. For someone who has had serious problems with gambling the only solution is to quit completely, in the same way that for an alcoholic the solution is not to drink another drop. Never. A single beer usually leads to the above pattern of self-destruction and for a problem gambler who has recovered, a single gamble usually triggers disaster.

The second one is not the characteristics of a gambling addict as I have not even seen anyone just present in casino for no reason, they all have fun while they are there until they lose money. If the person do not use high amount and just use little amount, he will be good. But gambling addicts are the ones that use high amount, lose, play more, borrow money to play and lose again and again, yet looking for other means to get money to play and causing depression, there is nothing more than addiction in this other case, but not because someone love to be there but not risking money.

I fully support your point of view. If a person is not able to restrain himself while gambling, spending more and more money from his budget, it is better to give up gambling completely and never return to it, because such behavior sooner or later will lead to serious problems.

You might want to rephrase what you've just said, if it's before our ancestors then that means that gambling has existed even before humans that have a conscious and rational mind existed. I get your point though, gambling existed for a really long time. Also, I call BS on that saving funds for gambling, not everyone has to gamble or save money to gamble.

If he can do that, then that will be better for him. Otherwise, he will still play gambling games without stopping for a while or even quitting as soon as possible. That behaviour can lead us to have a bigger passion for playing gambling and winning more money, but the fact will not be the same as what we want. But spending more budget from what he can afford will not be recommended for him as he will not know if he can win or will lose more than he can expect. The cost of playing gambling will become bigger if he can not realize the potential of losing money.

Gambling is just a choice, if someone wants to gamble and they can really afford for it then just go and gamble and get all the fun. Meanwhile its not for everyone and there is no need to allocate certain funds from our earnings only for the gambling purposes, we can allocate for entertainment and spend it on gambling and other things as well it depends on the budget.

Indeed, this is a common pattern for alcohol and gambling addiction (and probably for any other addictions too) - if a person is emotionally unstable, then even starting with something harmless (one game for little money or one sip of beer), he may end up in a very bad situation. Therefore, the best solution in such conditions is to completely avoid what is dangerous for you.

I agree with what you say, because it will be very difficult for us to let go of addiction if we have been trapped in it, and maybe it is not just alcohol or gambling addiction that is difficult for us to cure, even if we have a cigarette addiction it will certainly be difficult for us stop, so it's better if we avoid any bad actions that will indeed cause us to experience losses both in terms of finances and our personal health.
As the medical saying goes, prevention is better than cure

You can do that, think it as part of your entertainment and set your budget to fill that desire. Same with your position. If you have money, then go, but if you are not willing to risk and you don't want to lose any amount, better not to.

This place is more on losing your money, and the chance of getting addicted is high, without a control you can lose huge amount.

Entertainment and nothing else, that still okay but exceeding to that, it will harm you for sure.

What i have noticed from my past gambling is that the more money you state in gambling that you can't afford to lose then the adrenaline rush from it will be far more than normal gambling rounds and regularly getting that adrenaline rush is quite hard because you'll have to continue to bet the amount that you cannot afford to lose regularly and it will be quite a hassle in your life.

The life of someone who seeks such an adrenaline rush is doesn't always stays the same and soon many things start to become boring for them.

You are only concentrating yourself on the aspects of gambling that are negative, the gambling industry provides employment to a lot of people around the world, it provides entertainment and peace of mind to those that just want to relax a little bit after a difficult day on their job, and during the pandemic it provided people with a way to spend their time during the lockdown while keeping themselves safe with online gambling, so while gambling can have some negative effects the positive effects that it brings are significant as well.

You can get an adrenaline rush whether you're in danger or happy, that's where your instinct tells your body what to do. The effect of adrenaline rush is not harmful at all, it will only become harmful if we are doing it in a wrong way, like constantly feeding your greed by your adrenaline rush, something like that.
Frustration is the one you'll feel if you always lose your funds in gambling, not adrenaline rush.

Almost everyone knows that risk associated with gambling and still they are choosing it means its their preference or choice as said.

When they are ready to take the risk then they also should face the consequences if the results went negative.

It's true if someone decides to gamble and loses then it's on them that they made the decision of gambling and no one other than them can be blamed for it.
But when youngsters gamble without knowing the effects in long term then that really sucks, the majority will not know it till it has become a habitual gambling habit.

There is no choice.
No risk, no reward and this is gambling. The consequences are permanently there and there is no way to alter it. Losing it will make him think that he has to do it again.

Actually, when deciding to enter the crypto world, especially the gambling world, we must be ready for the risks. Every decision will always involve risks.
That is why we must know and understand exactly how to manage the risks in order to minimize the risks of losing.
If we have known about the risks, but we don't learn yet, only follow somebody else, not even trying to learn from its experience in gambling, the risks will be higher.
You are right that no risks, no rewards. If we don't take the risks, we may not get what we want. But if we want to take the risks, we must know how to minimize the risk, at least, how to avoid the condition in that risks.

Maximizing risk in the sense that you wont really needing to go too far on such decisions which might cause for you to go on things which would be more risky and might result into being wrecked with gambling.

You should be aware with that risk and wont tending to deal or make yourself get addicted because once you do get shackled with addiction then this is where hard problem do rise up.

Addiction could result into various possible bad decisions which would really be the reason for you to get the situation makes even more worst.

I think that the economic costs of gambling at country or state level are not really a problem. You could argue that there is a social cost for those that take it too far and up to the point of not being able to pay for their basic expenses or put in danger their life. However those cases are not as many as to put in jeopardy or even damage noticeably the economy of the state, whereas that is much covered by the additional taxes and economy generated from it.

That can be done by everybody but the problem is that whenever someone who's new to it, he don't analyze what he's taking and how much risk is being taken.
The risk is there but it seems to be not that much at all when they're going for it. Until they lose a lot, that's when they're starting to realize that the risk they're taking are that much.

We're talking about the circulation of money here really, the wins and losses are balanced against each other in the large majority.  The house has some cost but its pretty minor as a cost, the real negative to consider is the time taken playing the game but consider every other waste of time people could have.   To consider gambling the only negative and its all about the money is missing the point I think, if people handle their money so badly they will go broke and it might not even involve any type of gambling.  A person can even go broke doing as something as normal and routine as buying a house because houses can be a gamble also, we cannot rule out human judgement and freedom to make mistakes; I never quite get people argue freedom is the negative.

For one, money that should be alloted elsewhere, mortgage payment, bills to pay, alimony, savings, and others, are being used as gambling money by those who already exhibit gambling problems. So even if gambling affects the smallest unit of the society which is the family, of course the many families affected by gambling, this is becoming an issue with the society in general. Issues with the gambler can lead to small economic issues like lack of money to pay for taxes, being late for work, laid offs, and worst depression and death by syndicate due to huge gambling death, which leads to one fewer person in the workforce. So multiply that then we might have a potential issue that will affect the economy.

Managing our funds in the right way will reduce the risk a lot but it only comes with the experience so people should be ready to face losses and learn from it or else there is no other way. Importantly gambling is not an investment idea so that even if we take huge risk then we may end up with a loss as well so anyone wants to make money with such risk should choose some other thing instead of gambling.