Economic Costs of Gambling

[sunsilk]

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.

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[ethereumhunter]

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.

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.

[BTCLiz]

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.

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.

[Fredomago]

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.

While taxes play a large part in government and they will do many things to try and raise the tax income of the country. We also need to think about the people that want to gamble, or the people that enjoy drinking and smoking. Just because something is harmful for us doesn't mean it should be banned. For example, every year during summer people are drowning swimming in lakes and rivers. Should therefore swimming be banned? Same goes for gambling, most people can gamble reasonably without getting addicted, or drinking only on weekends without becoming an alcoholic.

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.

[AicecreaME]

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.

While taxes play a large part in government and they will do many things to try and raise the tax income of the country. We also need to think about the people that want to gamble, or the people that enjoy drinking and smoking. Just because something is harmful for us doesn't mean it should be banned. For example, every year during summer people are drowning swimming in lakes and rivers. Should therefore swimming be banned? Same goes for gambling, most people can gamble reasonably without getting addicted, or drinking only on weekends without becoming an alcoholic.

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.

[Mistafreeze]

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.

While taxes play a large part in government and they will do many things to try and raise the tax income of the country. We also need to think about the people that want to gamble, or the people that enjoy drinking and smoking. Just because something is harmful for us doesn't mean it should be banned. For example, every year during summer people are drowning swimming in lakes and rivers. Should therefore swimming be banned? Same goes for gambling, most people can gamble reasonably without getting addicted, or drinking only on weekends without becoming an alcoholic.

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.

[nikrobi]

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.

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!

[yazher]

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.

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.

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.

[2double0]

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.

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.

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.

[BTCLiz]

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.

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.

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.

[South Park]

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.

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.

[Fredomago]

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.

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.

[yazher]

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.

[South Park]

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.

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.

[dimonstration]

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.

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.

[South Park]

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.

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.

[palle11]

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.

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.

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.

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.

[Lanatsa]

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.

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.

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.

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.

[passwordnow]

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.

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.

[michellee]

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.

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.