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This is problematic because it leads to less working time and hence less productivity.Sadly, the reduced productivity comes hand in hand with increased expenditure as more money is pumped into the casino.
This essay on Gambling should be illegal was written and submitted by user Adriana C. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly.
Gambling is essentially anything that starts with the phrase “I bet…”It’s a wager. What might be news is that as many as 23 million Americans go into debt because of gambling and the average loss is estimated to be around $55,000. They “borrow” from credit cards, savings accounts, investment portfolios, retirement funds – anywhere there’s money or credit available – hoping to fund the one big bet that gets them back to even.
Finally, gambling leads to addiction and debts hence devastation of the family institution.
Given these arguments, I believe that gambling should not be legalized under any circumstance.
Also, gambling has led to accumulation of debts for families.
This notwithstanding, gambling has led to increase in crime rates.
Therefore, legalizing gambling creates devastated less productive individuals. As mentioned in the above paragraph, most gamblers spend time gambling which reduces there productivity while increasing their expenditure.
Given the addiction, one would rather borrow from a friend to go and gamble than stay home when he has no money. Studies have shown that a seasoned and addicted gambler has an average debt of $ 80,000.
Furthermore, gambling leads to lowering reputation of the city in question as a result of the crimes associated.
This means that tourists fear to come to the city fearing the likely consequences and for their safety.