History of gambling dates back to the 17th century with various kinds of activities having been taken place in many countries. But the established version of betting or any such games has garnered an equal amount of hate and love. Many people believe gambling to be a practice that pushes people into an abyss with its splurge-inducing nature. This vice is often tagged with the form of living an extravagant life, and it only stigmatizes the ones who lose money at it.
From a moral standpoint, gambling isn’t that needs to be condemned because no one indulges in such a game intending to commit a crime; it simply is a form of entertainment. But since there are people who rely on such criminal activities to make money out of gambling, its prohibition was something to be warranted for. The situation has changed over the years and is now in the best stage with several innovations contributing to its development. Since the industry has evolved significantly, there is a need for the legalization of gambling to make it an accessible and normal affair. Let us have a look at the factors that suggest gambling should be a legalized activity.
1. Helping the Economy
While there have been experts in the past who claimed that gambling was of no advantage to the economy, it has been proven to have a great influence on the state of the economy. Although gambling sells no goods or services, its revenue generation is equally huge as that of any other industry. People fly from different parts of the world to the casino capitals to have a taste of the popular casino games. This directly supports the tourism industry, and the growth is mutual. The country’s economy also benefits from the gambling industry this way.
2. Better Tourism and Money
New money appears in the area with tourists gambling over the various games, and this would create a dire demand for employees. So, legalizing gambling will help in raising the standards of the country with more cash flow and employment opportunities. People don’t go to casinos for a trade but also for the entertainment, thereby adding more color to the activity. Banks do the same without the factor of fun in it, and it is such institutions that have led to the economic crash in many areas. But it still is legal, and casinos aren’t.
The casino customers wouldn’t be in the region just for gambling but also for many other purposes such as shopping, sight-seeing, and much more. The sales in many malls and restaurants shoot up this way, and the economy benefits from it. Only an unlucky group of tourists might lose money in their gamble, but that puts more cash into the casino’s account, resulting in better economic and employment conditions.
3. Elimination of the Criminal Element
When gambling stays illegal, criminals will take over the industry. The intelligent operators and owners across the globe make a bag of bucks from gambling. Quality casinos offering great games can generate more patrons in the process. This could be brought into the legal scene to avoid the criminals from thriving. By keeping it under the illegal sector, criminal intentions and dangerous activities will only increase every day.