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Now he is asking me, is it a big concern if your employer starts to frequent casinos? Or he is just speculating that it will harm the company eventually.
If the owner is irresponsible gambler, who doesnt know to separate funds from personal and business that will probably end in very bad way. If the gambling activity stays moderate i guess that will be fine but who knows. But i think such business is handled and managed by different people and decisions and finance related stuff is managed differently so the business wil be safe.
Yes, that makes sense, but as business owners, they usually have more power to control everything, meaning that even if, for example, the business finances are managed by different people, it doesn't mean that the business owner can't reach the money, as we know that when a gambler, especially one who is addicted, is blinded by emotions, they will not hesitate to use any funds as long as they can still play with the aim of revenge, so this is indeed a quite worrying situation because there is a possibility that the business will go bankrupt and harm many people, especially employees.