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?
It puts a high cost to the respective family of gamblers but government prefer the money coming in the gambling casinos and online casinos, the gambling industry is a multi-billion dollar industry and its taxes and contribution to creating more jobs is something that the government weighs more important than victims of excessive gambling, they can only put up rehabilitation and a strong warning to the gamblers and their families about the harm of gambling.