Post
Topic
Board Gambling discussion
Re: Economic Costs of Gambling
by
macson
on 18/07/2021, 08:23:27 UTC
snip

1. Gambling in fact has many negative externalities. If someone gets addicted, the likelihood is much higher to be depressed. Depression is factor, which leads to high costs for the society.
2. Gambling addiction leads to economic costs because of crime actions. Other market actors have to increase their security standards, which means higher costs.
3. Many gambling addicts go as a consequence to jail. Jail means EXTREMELY high costs to society.

What are your thoughts on this topic?
for me it's all just a normal life cycle....countries that got big taxes from gambling should provide rehabilitation and other costs if an addict commits a crime or wants to stop gambling.  see how gambling addicts in countries where gambling is not legal and get big taxes from gambling, their government won't provide rehabilitation for gambling addicts.