How Gambling Effects the Economy

How gambling affects the economy This is only a Saturday night in the usual town of the United States. Families sat in front of the television and discussed how much money they should earn for the 20 tickets they got. The jackpot is 14 million. Before the numbers were displayed, the family discussed how to spend money and how good their lives would be after they won. Finally, the moment of truth. The number is displayed on the screen. The first game ... the third game ... the fourth game.

Next, gambling adversely affects the national economy. Legislated gambling is irritating to businesses because it shifts the money that might otherwise be used in the capital economy to gambling that does not spur economics. Listed companies around the casino clearly remind us, but the impact on the entire economy may be more destructive than originally. Legalized gambling plan by economic investment, loan of funds and recycling has risks. Legalized gambling draws a lot of money from the economy. Gambling invested more than primary and secondary education ($ 286 billion compared to $ 213 billion in 1990). (14) Historian John Ezel closed with his book "Wind of Wealth". If they are considered to be social, "(15)

Why is gambling? What is the advantage of gambling? Gambling can help our economy by earning money abroad. "Supporters say that it is in the state that they spend money" (legalization of gambling 2). Another important reason that gambling should be legalized is that it fascinates a large number of tourists in our state. "It can also attract potential visitors to the area, which allows visitors not only to use casinos but also to spend money at local restaurants, hotels, shops" (Legal Gaming 2 ). This statement not only proves that it will bring tourists but also that tourists will spend money elsewhere such as hotels and restaurants so that local people will flourish I will prove it. This will enrich the country