WHAT ARE THE SOCIAL COSTS IN GAMBLING
Gambling is in every country and every places in the world, gambling establishments is spreading whether its legal or not. Everyone can gamble but once the gambler couldn’t stop playing, then there will be a problem.
Problem gambling is a public health issue affecting both the gamblers, their families, their employers, and society as a whole. Much of the opposition to legalised gambling is based on analyses of the social costs that occur as a result of pathological gambling.
There is no question that legalised gambling has brought economic benefits to some communities; just as there is no question that problem gambling has imposed economic and social costs. Such costs include traffic congestion, demand for more public infrastructure or services, environmental effects, displacement of local residents, increased crime, and pathological or problem gambling. To the extent that pathological gambling contributes to bankruptcy and bad debts, these increase the cost of credit throughout the economy.
On the positive side of the ledger, a casino may increase local employment and raise state and local tax revenues. In Las Vegas and Atlantic City, where casinos primarily serve tourists, gambling creates regional jobs and an inflow of revenues. In the Midwest and South, where casinos primarily attract a local clientele, gambling causes a net loss to the community. Not only do out-of-state casino operators remove gambling dollars from the local economy, but local employers and taxpayers must foot the bill of increased crime, personal bankruptcy, domestic violence, lost workdays, child abuse and other social costs from problem gamblers. In Sweden, the societal costs of problem gambling amounted to 1.42 billion euros in 2018, corresponding to 0.30% of the gross domestic product. Direct and indirect costs of problem gambling combined amounted to one third of the equivalent costs of smoking and one sixth of the costs of alcohol consumption.
Developments in technology including internet and mobile phones, offer opportunities to provide greater consumer protection and opportunities for more forms of continuous gambling. The liberalisation of gambling has 카지노사이트 resulted in an explosion of opportunities to gamble and equivalently greater opportunities for irrational decision making with significant private costs that can only be addressed by external interventions. It does seem reasonable to treat these costs as social costs.
0
0
