Gambling is bad for the economy

Gambling is regressive, meaning that it disproportionately impacts impoverished communities. In that regard, governments sponsoring lotteries or legalizing gambling as a way to raise money without raising taxes are effectively taxing the poor. I would argue that this isn't efficient, particularly because it leads to increased government dependence. Does Gambling Do More Good Than Bad? This has been countered by supporters of legalised gambling though. They say it’s the economy that’s restricting casino revenues. Gambling laws around the world also require players to pay a percentage of any winnings over a certain amount to the government in taxation. This is a win-win situation for the government.

Jenny Woo Talks To Barney Frank: Online Gambling Not Bad for As one of the key allies for the online gambling industry, Democratic Congressman Barney Frank has been working diligently to have the Unlawful Internet Gaming Enforcement Act (Uigea) repealed. $pringfield (Or, How I Learned to Stop Worrying and Love "$pringfield (Or, How I Learned to Stop Worrying and Love Legalized Gambling)" is the tenth episode of season 5. It originally aired on December 16, 1993. Casinos are still a bad bet in Pa. | Editorial


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