Gambling is one form of entertainment activities. Many people gamble for different reasons. So do it for fun while other others are after making money. Professional gamblers play in different tournaments. Ideally, there are different types of gamblers. Even though some players have gained lot money from this activity, there are some who have lost a lot of time and money from it. Gambling is legalized in many states and countries. This article is going to discuss the advantages and disadvantages associated with this activity.
It is a social activity that is loved by many people. Most people visit casinos to have fun. It is one of the most enjoyable activities especially when it is played with dignified and good sportsmanship. Winning something in a casino is exhilarating and exciting.
Casinos are social places
Regular gamblers meet to have fun. Playing together with friends is fun. In fact, it makes winning very fun. Some of your friends will boost you up when you lose. Many people keep on coming back in casinos because of this excitement and fun.
Provides job opportunities
Gambling establishments and casinos have provided many job opportunities to many people. Many casinos are being established in different cities every time and then. This has provided job opportunities for those individuals who are looking for work.
Gambling generates revenue
Some casinos have turned out to be one of the greatest tourist spots. Las Vegas is one of the cities that have become very famous due to its amazing casinos. Many visitors have been trying their luck while in town. This has resulted in a great influx of income for the local community and the casino.
Cons of gambling
Excessive gambling is very dangerous. Gambling addiction has made many people get depleted financially. Couples who take gambling serious are at high risk of separation. This is the main reason why this activity has been put in the bad light by many people. In addition to this, it is associated with other forms of crime such as stealing and money laundering.
Some communities such as the religious sectors dislike this activity because of these cons. Gambling is mainly dependent on the players. It is similar to alcohol. Too much of something is bad. It is therefore important for the gambler to makes sure that he or she can control his/her gambling habits. The cons and pros of gambling can be seen easily by looking past the prejudice and considering the effects associated with it.…
Legal gambling is mainly monitored or controlled by various government agencies. The act of legalizing gambling has attracted many people to it. Many governments have been getting taxes from lotteries, casinos, and jackpots. However, most of these systems are highly susceptible to fraud. It is also practised in those regions where it is considered to be illegal. Declaring it illegal cannot prevent people from doing it. The following are the main reasons why gambling should be banned.
It is subjected to fraud
Gambling is among of the fastest growing industries in different parts of the world. Legalizing it can increase the level of corruption in some departments of the state government. Some agencies are addicted to the high amount of revenues generated from lotteries and Indian gambling. This is the main reason why you have heard many cases that are related to fraud and corruption in state lotteries.
Gambling facilities have increased the risk associated with problem gambling
Legalized gambling is portrayed as one of the harmless forms of entertainment activities. It is an industry that has attracted many people to it who are after winning money and having fun. Uncontrolled gambling is destructive and addictive. Furthermore, many people would avoid gambling illegally. Legalizing it has enticed people to gamble some of whom would not gamble if it was not legalized. Legalizing gambling has also stimulated acts of illegal gambling.
It exploits the poor
Studies have shown that gambling often destroys and hurts. This is something that has affected the disadvantaged and the poor in the society. If this form of activity were not legalized, you would not find any site that is promoting casinos, lotteries and other forms of online betting. These sites have ended up exploiting the vulnerable people in the community.
It sets double standards for the government
Most governments have been raising taxes from the state lotteries. Legalized gambling is one of the disturbing government policies. A good government should aim at promoting desirable traits in its citizens. It should stop seducing them to gamble. This is something that has ended up increasing the level of corruption in the society. Legalizing this form of entertainment is considered as one of the bad social policies. Raising money exploiting individuals’ greed and stupidity is immoral.
The number of compulsive gamblers is estimated to be about 12 million. It has become extremely difficult to reform these individuals. In addition to this, gamblers have been losing a lot of money through this activity. On average, a compulsive gambler has a debt of about 80,000 USD.…