Why should Gambling be legalized ?

[fortunecrypto]

You sum it all, for a poor country like us tax revenue is such a great help in times of calamity we are always hit by calamities almost every year, and the revenues and taxes are such a big help to help us get up and rebuild from these calamities, our government has seen the revenue coming from the gambling sector not only they regulate it but our government is the one running all the casinos and gambling industry here in our country, this is something that poor countries should consider, it's a big tourist attraction, you can create jobs for citizen and you can control and have a source of funds for many projects.


 

[passwordnow]

Charities will benefit do. There are casinos and gambling companies that have their beneficiaries that they usually donate a part of their profit for those NGOs and charitable institutions.
I think that's the one pros that I can think of since many have already said the usual benefit that a country will have when they allowed gambling into their economy. It's really a boost for the economy and it's like a domino effect in positive manner.

[Trojane]

You are only looking the benefits of these thing called gambling, you haven't decided to check the proportionality of the merits and de-merits of these thing called gambling; how indistructible it is even when it isn't legalized yet, not to talk of when it is legalized.. how? People have been madly in love with these method of earning coins till they sometimes starve themselves or go into stealing when it becomes a habit.
I see reason with you that it really helps sometimes to evade boredom but what about killing people's zeal to save coins?

[pakhitheboss]

Legalizing gambling will have a bad effect on society. It is still considered bad to gamble, also with gambling the rich will become richer and the poor will become poorer. If tax benefit was the main benefit then the government would get more benefits by regulating drugs and prostitution. Jobs can be created in other ways too not everyone would like to work for a Casino. There would be illegal activities after legalizing gambling too. These casinos will do anything to lure new clients for which they might even start offering illegal drugs. This is a debatable topic and I still believe that gambling should not be legalized.

[romero121]

Legalization of gambling doesn't look to be good for the country. When legalized it looks like the government is in favour of it. Gambling has got 50-50 chance of advantageous and disadvantages. Here the common people will be the sufferers compared to the people who are a step high spending regularly on casinos for fun and entertainment. Legalization can cause bad impact in a growing country, maybe on grown country things might be positive.

[24Kt]

You are only looking the benefits of these thing called gambling, you haven't decided to check the proportionality of the merits and de-merits of these thing called gambling; how indistructible it is even when it isn't legalized yet, not to talk of when it is legalized.. how? People have been madly in love with these method of earning coins till they sometimes starve themselves or go into stealing when it becomes a habit.
I see reason with you that it really helps sometimes to evade boredom but what about killing people's zeal to save coins?

I believe, he is looking for the benefits of legalized gambling vs not. So he wants to see the positive side of being legal in the business. But definitely, gambling has negative effects to some gamblers who don't know how to handle themselves. So if you are given to choose in the option of being legal vs illegal gambling, more than likely, you will opt for legalized gambling because of those mentioned benefits.

[Fundamentals Of]

Gambling is already legal in majority of the countries around the world. It is only suppressed on the basis of illegal operations. Gambling is regulated. There are rules and policies that gambling operators should observe. Operating without a license for example will be illegal. Another instance in which gambling is illegal is when it involves minors. Gambling is only offered to people of legal age.

But since gambling has also its own negative effects, it is expected that there will also be a part of society that is against it. After all, gambling is basically a vice. And it could damage an individual or a family.

[electronicash]

if it keeps the economy running, the government will legalize gambling and even legalize more illegal stuff. marijuana still is illegal in some states but if it helps the economy, they could legalize marijuana in several more states. who knows what we could legalize in the future. in one of the magazines, i have read before was that they were saying that drug money saves the 2008 recession. if it helps build the nation, it's not bad to do it.

[xSkylarx]

if it keeps the economy running, the government will legalize gambling and even legalize more illegal stuff. marijuana still is illegal in some states but if it helps the economy, they could legalize marijuana in several more states. who knows what we could legalize in the future. in one of the magazines, i have read before was that they were saying that drug money saves the 2008 recession. if it helps build the nation, it's not bad to do it.

Agreed, if we look at the positive side of things, it has the potential to significantly benefit the economy and to stimulate the economy. This will create or open a large number of jobs that will benefit families, as well as attract a large number of investors. It also generates a large amount of tax revenue for the government, which, if the government is not corrupt, may result in the implementation of additional projects. There are still more positive aspects, but if we look at the negative aspects, this will lead to a large number of people becoming addicted to it, as well as a higher rate of crime and family issues.

[Wexnident]

The last benefit is actually the best benefit of all tbh. Rather than letting it be run by 3rd parties that don't have any control or surveillance, it'd be better to put it in a place where they could at least watch it. It also opens up jobs for casino-related stuff, and pretty much legalizes it so that workers would have an easier time if they ever wanted to work in a casino.

Plus, it benefits the nation in general, the most that governments have been arguing about casinos is about addiction and whatnot, but those problems are more for the self? And they could apply rules such as limits and the like if ever. Performing KYC at that point would be quite natural, so just record all visitors, take note of the counts and games they visited then limit it based on that.

[molsewid]

Gambling is already legal in majority of the countries around the world. It is only suppressed on the basis of illegal operations. Gambling is regulated. There are rules and policies that gambling operators should observe. Operating without a license for example will be illegal. Another instance in which gambling is illegal is when it involves minors. Gambling is only offered to people of legal age.

But since gambling has also its own negative effects, it is expected that there will also be a part of society that is against it. After all, gambling is basically a vice. And it could damage an individual or a family.

Like what OP mentioned, a gambler will always be a gambler, and any laws and regulations that a government will be going to implement to suspend gambling activities will most like not to be effective because they will always find a way to gamble, and that's where illegal gambling takes place. However, we should always consider the possible effect of legalizing gambling because it is expected negative effects will most likely going to happen like gambling addiction. But in terms of revenue that gambling can contribute to the country it is undoubtedly a big help indeed.

[goldkingcoiner]

Should gambling be legalized? Not sure what you mean by that. Are you talking about legalization of gambling in a country where gambling is illegal or worldwide legalization? Because every country has different laws and in some countries, gambling is completely legal. If youre talking about legalizing it in countries where it is illegal, then I would say, sure. As long as there as measures to prevent abuse.

[virasog]

Time and again we have heard numerous arguments from economists and the government regarding the pros and cons of legalization of the Gambling industry, let us discuss some of them here.
{This does not exclude the cons as well, but let's discuss about the pros here}

What can legalization do for the economy?
- It can definately help the government with high tax revenues which is never Outlooked and this can help with overall economic development of any country for that matters.
- It can help in Job creation as well, since it's a big industry and people would be more engaged
- It can reduce the need for illegal gambling which means they won't have to use illegal methods or whatsoever
- Gambling cannot be controlled, at the end of the day people would find a way therefore it's best if it's regulated by the governmental bodies

There can be other social benefits during the time of Covid where people have to supposedly entertain themselves at their own homes and they won't have to visit casinos in person.

What else do you think could be the benefits ??

Taking away an industry for the organized crime is really important as well, if gambling is legalized then it means that anyone with the necessary funds can create a casino, but if it is illegal then only those that move on the underground world would do so, keeping all of the profits of the industry by themselves without paying taxes and making them even more powerful than they are.

Another benefit is that if gambling is made legal then the games can be regulated and casinos will have no incentive to cheat their customers or they will lose their license, something that is not possible to do if gambling is illegal.

That's exactly it.  If people want to gamble and it's illegal they still Will find a way to gamble.  It funds criminal organizations while not creating revenue streams for governments.  To me its a no brainer.  People with addictive downfalls can also be regulated whereas in an illegal system, they will run people dry and leave em in the gutter.  There are way more pros than cons with this one.

Well, making the gambling legal can protect users right. These days any gambling casino which is not registered or legal, can easily run away with your funds but when the gambling is legalized, then no one can scam the system. Each and every casino details will be with the government and they can protect the user/gambler interest.

[btc78]

What can legalization do for the economy?
- It can definately help the government with high tax revenues which is never Outlooked and this can help with overall economic development of any country for that matters.

Actually in some country this becomes their Bread and Butter, there are few countries that leaning in gambling businesses to increase their taxes and revenues .

- It can help in Job creation as well, since it's a big industry and people would be more engaged

But also this is the reason why many losses their Jobs because they become addicted  and not performing works in right way.

- It can reduce the need for illegal gambling which means they won't have to use illegal methods or whatsoever

I disagree on this, because while there are legal gambling places regular players, there are also Illegal  gambling places players because there are gamblers that don't wanna go in fancy places instead they choose playing with people that same as them.

- Gambling cannot be controlled, at the end of the day people would find a way therefore it's best if it's regulated by the governmental bodies

As if government  really cares about the activities and behavior of gamblers? lol they only wanted to take their piece of cake, the more addicted gamblers is the more income they take .

[icopress]

Legalization of gambling doesn't look to be good for the country.

Do you have any idea how much money the state loses every day? For many years there have been long-term disputes over the legalization of the gambling business, while this part of the shadow economy is constantly growing (not to mention the fact that if we are talking about physical casinos, then this is one of the main articles of shadow income of law enforcement agencies).

In the legalization of the gambling business, I see only advantages, since such a policy will entail the construction of roads, schools, and less corruption.
The only drawback, I would say, is the increased activity of minors, although, to be honest, in our times, children grow up earlier and earlier with each generation (therefore, hypothetical, you can close your eyes to this, focusing on the advantages of legalization).

[ipanks]

It depends on the government and how the policy of that country. Suppose they always prohibited gambling because that has been prohibited from their religion from the past. The government does not have to change its policy because that can attract many protests from many people and institutions.

Suppose the country does not have a problem with any prohibition. In that case, the government can legalize gambling so people will not have any problem gambling on the local casino or online casino. The government can control the casino and that will be their revenue from the gambling industry because the casino should pay the taxes that can help that country's economy.

[Pmalek]

Legal or illegal, people will always find ways to gamble. There is no difference between that and drugs and prostitution. If I want to have sex with a hooker while smoking a joint, I don't really care what my government has to say about it. In most normal countries, gambling is legalized and regulated. What I don't like to see is minors in casinos and sports bookies. Despite it being against the law, the owners will often look the other way preferring to take their money instead of kicking them out.

A smart government should be interested in legalized gambling and take advantage of the taxes that come from it.

[goinmerry]

Simply, if other sin activities and stuff are legal, why not also in gambling where the industry is so big. As mentioned, revenues from the gambling industry can help the government's financial aspect. We are talking about billions here that's why gambling is a big thing.

That's why in order for the government to maximize what they are getting from the gambling industry, they need to hunt down those illegal gambling operators so that people will only choose and be limited to play at only recognized legal gambling places.

[AicecreaME]

Time and again we have heard numerous arguments from economists and the government regarding the pros and cons of legalization of the Gambling industry, let us discuss some of them here.
{This does not exclude the cons as well, but let's discuss about the pros here}

What can legalization do for the economy?
- It can definately help the government with high tax revenues which is never Outlooked and this can help with overall economic development of any country for that matters.
- It can help in Job creation as well, since it's a big industry and people would be more engaged
- It can reduce the need for illegal gambling which means they won't have to use illegal methods or whatsoever
- Gambling cannot be controlled, at the end of the day people would find a way therefore it's best if it's regulated by the governmental bodies

There can be other social benefits during the time of Covid where people have to supposedly entertain themselves at their own homes and they won't have to visit casinos in person.

What else do you think could be the benefits ??

When it comes to legalization of gambling, there are different viewpoints and opinions people have. There are various perspectives that we have to consider, which makes the topic sensitive to talk about because it needs in depth analysis on whether to just right to legalize or not. The pros and cons actually just weighs one another which means it really has to be talked down and analyze deeply by the authorities as legalizing or not coukd either make or break the status of the economy as well as the well being of the citizens residing in the state.

Like what you have said, there are so many things that could be benefited if gambling is to be legalized in most countries. There are numerous perks that the state and the people could experience once the gambling will be legalized such as increase in tax revenues due to additional tax paying operations by the casinos; increase rate of tourists because of in-house casinos; increase rate of employment and job opportunities because of the demand for manpower once casinos and other food, hotel, and bar establishments have been founded; and paving another form of entertainment and income generator for the adults. These are really good points to make gambling legal. If you will think about it, the state would benefit really well once they would allow and permit the legal operations of gambling. It would get rid of the illegal and hideous transactions and activities of other people in which aren't taxable.

However, despite all of these, there are also consequences that comes with legalizing gambling. If ever the government won't be able to monitor, some casinos could manage to evade taxes they are supposed to pay. The arise of gambling houses and related establishments as well could be the death of the small and medium enterprises because they could potentially get their customers. And one of the major reasons which is why gambling isn't legal yet in most countries is because gambling causes addiction that could bring the well-being of the citizen in a bad shape. This could also trigger the curiousity of the young people to engage in such which could cause damages on to their overall health once unsupervised and left unguided.

The legalization of gambling lies in the hands of the officials. This kind of topic shouldn't be rushed as rushing could lead to having loopholes during the planning and organization. Let's just hope that the government of each country will have the ability to dig deeper and analyze the both sides gambling has to offer. That way, they could decide on whether to let it be legal or not. Once they have decided, they could always make rules, policies, regulations, and implementation of it for the betterment of the citizens' welfare as well as the country's economy.

[noormcs5]

Legalization of gambling doesn't look to be good for the country.

Do you have any idea how much money the state loses every day? For many years there have been long-term disputes over the legalization of the gambling business, while this part of the shadow economy is constantly growing (not to mention the fact that if we are talking about physical casinos, then this is one of the main articles of shadow income of law enforcement agencies).

In the legalization of the gambling business, I see only advantages, since such a policy will entail the construction of roads, schools, and less corruption.
The only drawback, I would say, is the increased activity of minors, although, to be honest, in our times, children grow up earlier and earlier with each generation (therefore, hypothetical, you can close your eyes to this, focusing on the advantages of legalization).

First thing to consider is that who will be the most benefited if gambling is legalized?  

The government
The gambling Sites
The users playing on the gambling sites
All of them
None of them

I think if the bitcoin gambling business is legalized then everyone will benefit from this. Only those gambling sites that want to scam people, may oppose this legalization.