Pros Gambling Essay College Essay Scholarships
It all depends on you whether you want to play in an online casino or live casino parlour.
The growth of legal gambling in the United States in recent decades has been fueled largely by increasing public acceptance of gambling as a form of recreation, and by the promise of substantial economic benefits and tax revenues for the communities in which the gambling occurs.
This is especially true for intangible social costs, such as emotional pain and other losses experienced by family members of a pathological gambler, and the productivity losses of employees who are pathological or problem gamblers.
Beneficial effects can also be difficult to measure and, as with costs, can vary in type and magnitude across time and gambling venues, as well as type of gambling (e.g., lotteries, land-based casinos, riverboat casinos, bingo, pari-mutuel gambling, offtrack betting, sports betting).
This can in theory be determined with benefit-cost analysis.
Complicating such analysis, however, is the fact that social and economic effects can be difficult to measure.
The other advantage of online gambling is that it keeps you away from the large crowds that are found in the live casino parlors. This explains why you may not receive the money instantly into your pocket.
Gambling has also resulted in economic and social costs to individuals and families, as well as to communities, as discussed in this chapter.
Clearly, to address this and related policy issues, the economic and social costs of pathological gambling need to be considered in the context of the overall impact that gambling has on society.
The benefits are borne out in reports, for example, of increased employment and income, increased tax revenues, enhanced tourism and recreational opportunities, and rising property values (e.g., Eadington, 1984; Filby and Harvey, 1988; Chadbourne et al., 1997, Oddo, 1997).
In most cases, playing online betting is better as compared to playing at the live casinos.
Therefore, they can make a lot of money in the process.