A controversial question

[₿itcoin]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

But my answer for this question is yes there should be no problem with the government making use of the gambling industry because to me the gambling industry is just almost the same as other industries where the country makes their money from like tourism for example. All the industries have its own negative effects and gambling has too so I do not see any reason why the govt shouldn't be taking advantage of the gambling industry,

It will only be hypocritical if they are restricting gambling but wanting to get benefits from it.

yeah i completely understand what you are thinking &  I completely agree with you. Gambling is not a sin to hide but rather a means of entertainment which is a part of the economy, so if the government can tax alcohol, tobacco, lottery, etc., then why treat gambling differently ?

Another hypocrisy, which makes it bad, is when this government pretends to be a saint &  closes casinos or online platforms, while on the other hand secretly collects tax money by conducting state lotteries. But of course, if the government does not just serve politicians with the money it earns, but uses that money for the welfare of the common people, then my objection will be a little less.

[freedomgo]

It will only be hypocritical if they are restricting gambling but wanting to get benefits from it.

How can they really benefit if they’re restricting it?

The main reason some countries ban gambling is because of religious beliefs. Even if they could earn tax revenue from gambling operators, they won’t sacrifice their belief, for them, faith is more important than money. Another reason is when gambling addiction gets out of control and starts leading to crimes. So when they weigh the risks and rewards, the risk becomes too high, and banning it makes sense.

Besides, gambling isn’t the only way for a country to make money. There’s always money to be made if they’re creative enough.

[Altryist]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

But my answer for this question is yes there should be no problem with the government making use of the gambling industry because to me the gambling industry is just almost the same as other industries where the country makes their money from like tourism for example. All the industries have its own negative effects and gambling has too so I do not see any reason why the govt shouldn't be taking advantage of the gambling industry,

It will only be hypocritical if they are restricting gambling but wanting to get benefits from it.

Governments also receive huge revenues from alcohol taxes, although this would seem to be a bad thing, alcohol ruins many lives and has a negative impact on health, but states permit it because they receive significant revenue for their budgets. The same applies to gambling if everything is within the law, as determined by the govt, it will be permitted, and the govt will receive revenue for its budget. How they use this money will depend entirely on the govt, sometimes it will be used for good, while in other cases, it could be stolen if corruption is rampant.

[LOVER BOY 422]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

But my answer for this question is yes there should be no problem with the government making use of the gambling industry because to me the gambling industry is just almost the same as other industries where the country makes their money from like tourism for example. All the industries have its own negative effects and gambling has too so I do not see any reason why the govt shouldn't be taking advantage of the gambling industry,

It will only be hypocritical if they are restricting gambling but wanting to get benefits from it.

Of course the government make money in gambling,if not they can't operate in Nigeria,they pay tax infact their tax is huge ,but using it to do work for Nigerians is what I never knew because the government have a lot of money coming from different companies across Nigeria,and secondly what has the government done ,since he emarge,if at all he makes money from those casinos the money should only enter his pocket,with him regretting his move ,their are tax the government him self don't even know about they pay the tax but some group of people will not review the money,but if finally the government him self found the money he can't use it for tax ,but our mindset will be that he will use it,but me and you knows he can't.

[michellee]

The government will profit from the gambling business especially if the government allows gambling. They can use the fund to develop their country better and for public services. That country will have more sources of income besides the other business so the funds will increase. That will depend on the government's decision on what they will do to the gambling business. If they prohibit gambling, they will not make a profit from the gambling business. But their people can still playing gambling in underground casinos but the government can't make a profit from gambling.

[aoluain]

There is very little that governments DONT tax, no matter what they want to take
their cut.

Tax on gambling is just another way of a government taking money off us and they
are doing this already in my country as are almost all other governments

Unfortunately taxes are necessary for countries to be able to provide services to the
population but nobody likes paying them, especially when a government mismanage
those funds.

[shasan]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

But my answer for this question is yes there should be no problem with the government making use of the gambling industry because to me the gambling industry is just almost the same as other industries where the country makes their money from like tourism for example. All the industries have its own negative effects and gambling has too so I do not see any reason why the govt shouldn't be taking advantage of the gambling industry,

It will only be hypocritical if they are restricting gambling but wanting to get benefits from it.

I want ot say that government must take advantages from gambling as they provide income tax if they are regulated by the government. But if they are not regulated by the government which is possible only iof the gambling site is online then the governmnet might not get any advantages for the gambling site.

[YOSHIE]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

If this was done publicly by the government, of course it would be controversial, because gambling, in most people's perspective, is very contrary to religious norms. Gambling by almost all religions will give rise to serious debate if it is announced publicly.

We know that many online casinos operate in certain areas, whether it is illegal or legal, they have to pay taxes, unfortunately this money is never made public, whether used for the public interest or for themselves, but I have not seen an official speech from the government on what the money generated from gambling is used for.

[LFC_Bitcoin]

The government shouldn’t make any more profit from gambling than any other industry. They are entitled to tax the bookies, if tax is due on gambling in their country. But no government is entitled to anything more than that.

They are entitled to do whatever they see fit with taxes earned from gambling companies.

[Akbarkoe]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

But my answer for this question is yes there should be no problem with the government making use of the gambling industry because to me the gambling industry is just almost the same as other industries where the country makes their money from like tourism for example. All the industries have its own negative effects and gambling has too so I do not see any reason why the govt shouldn't be taking advantage of the gambling industry,

It will only be hypocritical if they are restricting gambling but wanting to get benefits from it.

Where is the controversy in your argument? Did you find a government that enforces this as a case study example to discuss your question?

This is not controversial at all, and the state or government has the right to impose taxes on the gambling industry and the money is used for the development of the country itself, there is no problem here and no one considers it controversial.

[Mpamaegbu]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

OP, government is already doing that. Any government that isn't doing so doesn't know how to generate revenue, to be sincere. It's a norm and there's nothing wrong in doing so. If government can tax food it thinks is luxury at point of purchase as VAT, I don't see why anyone should frown at it doing same on gambling.

Besides, government makes sure tobacco companies warn their end users of the negative effect of smoking; yet government all over the world places heavy tax on them. We know it's part of revenue drive. Your question isn't a controversial one.

[Orpichukwu]

The controversy lies not in the gambling activity itself, but in how the regulations are carefully and strictly enforced. Imagine if a poor country with high corruption relaxed gambling restrictions without specific limitations. Let's say anyone was free to gamble without financial level restrictions, and then gambling taxes were distributed only to state officials. That would seem like exploitation of the common people.

That will indeed be another level of exploitation and abuse of power. If they provide a gambling policy which allows everyone to gamble, they should allow the revenue generated to spread out to the rural and urban communities for development and not just for a few individuals to share it. Corruption and state officials stealing are common, but when they try to exploit on the high level without minding the poor who contributed to generations of that fund, that's another level of wickedness.

[robelneo]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

I don't consider this a controversial question; our country has been taxing gambling platforms. In fact, our government is the one running casinos and lotteries; they are making huge profits that enable them to provide health services to the poor sector of our society.
Recently, there were calls to ban gambling in our country by some civil sectors, but the government does not want to kill the duck that lays golden eggs. We are still a third-world country, and every revenue stream should not be stopped.

[aioc]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

How does this become controversial when it's a normal thing to do? In the first place, they legalize profit to make profit from the taxes it generates and the jobs it creates.
If they are not making enough money to sustain their social services project, they will just ban it because there is a risk of addiction among their citizen.
Of all the industries, gambling poses a risk to people, so the government should get more benefits from the gambling industry to counter the harmful effects of gambling on its citizens.

[Samlucky O]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

But my answer for this question is yes there should be no problem with the government making use of the gambling industry because to me the gambling industry is just almost the same as other industries where the country makes their money from like tourism for example. All the industries have its own negative effects and gambling has too so I do not see any reason why the govt shouldn't be taking advantage of the gambling industry,

I think you have already answered your question and that is just the fact. You know that government are making money from gambling revenue just like they make from other businesses in the country, and they can decide to use the tax or revenue gotten from it for public service if they want, and surely it will go a long way because casino is one of the highest revenue generating mechanism in every country that has a high number of casino. I still repeat yes government can use the profit made from gambling for public service to help increase economic growth.

[Agbamoni]

Should governments be making profit from the gambling industry and use said profit for public services?

The government are taxing gamblers and the casino or local sportsbook. Tax money is meant to provide infrastructures for the public, isn't that right? That answers the question.

Dont see the money they get from gambling as government profit, see it as tax imposed revenue from gambling industry which is meant to go back into the country for public benefit.

[ScamViruS]

If gambling is legal in a country, the government will consider it an industry, and when an industry operates from within the country, the government can earn taxes from it. And if the government can earn from this, since it has legalized gambling in its country, there is nothing controversial here.

However, there are many countries that place more importance on keeping their citizens from gambling than on earning tax from gambling companies, so they ban gambling in their countries. Therefore, each country has a different perspective on gambling.

[Solosanz]

Didn't in most countries are like that?

If the government collect taxes from gambling and they distribute to public services, it's normal.

Government is more evil than this one, example they not allow any sites to receive money from mixer, but they're allowed to receive the coins and use the coins too.

As long as the casino is legal, there's no problem with that, what could be a controversial if the government receive money from illegal casinos.

[Cookdata]

Some may consider this a controversial question: Should governments be making profit from the gambling industry and use said profit for public services?

But my answer for this question is yes there should be no problem with the government making use of the gambling industry because to me the gambling industry is just almost the same as other industries where the country makes their money from like tourism for example. All the industries have its own negative effects and gambling has too so I do not see any reason why the govt shouldn't be taking advantage of the gambling industry,

It will only be hypocritical if they are restricting gambling but wanting to get benefits from it.

For now, my country isn't taxing any betting income but there is a bill to pass a new rule about how to the government is trying to tax income by next year, if that's finalize your bet profit is going to be tax and count as an income tax and the percentage is based on how much you earn. Is this justify, why not if you are earning and the government makes a safe casino for you then you have to pax so the money can be use for something for the public.

However, if the government are ruthless and useless, don't use tax money for its purpose that's where I get problem with the government. In a place where governments generate tax, more infrastructure and development can be possible in all areas of the country, good road, good hospital, basic amenities is what everyone has to enjoy with tax if use well, but if mismanage especially where there is high corruption, then I strongly discourage it.

[Mahiyammahi]

According to business Research gambling industry is rn $545 Billion Us dollar in 2024. So using this industry to generate a revenue and use this on insfatrure build will going to be helpful. Let's say not everyone is connected with gambling. Those who have some kind of earning source are spending on gambling. So use the tax money to help homeless people won't be bad.

This could help lots of people to have their own home, some may get opportunity to have their living.