Should Gambling Be Legal Or Illegal

Posted on by admin

Introduction

  1. Sports Gambling Should Be Legal
  2. Should Gambling Be Legal Or Illegal In India
  3. Why Gambling Should Be Illegal
Should gambling be legal or illegal marijuana

The first is that gambling is a fundamentally immoral activity which, its critics rightfully point out, can lead to serious issues such as addiction, debt, and dependence on criminal or nearly criminal loansharks and other unsavory activities. To the Editor: Sports gambling should be legalized. First, it could be an important source of government revenue like the many state lotteries that have flourished under this form of voluntary taxation. Second, it’s in our DNA; gambling has been a part of the human condition for some time. And third, because, as Damon Runyon once soberly put it. Gamble On Put the chips all-in, because surprisingly, gambling is one of the most popular industries in the United States. Depending on each states government, they choose whether or not varieties of gambling is legal or illegal, and most gambling is only legal in certain geographical locations, such as Atlantic City and near Indian reservations.

Karen Bleier/Agence France-Presse — Getty Images Playing poker online at home.

The House Financial Services Committee approved a bill on Wednesday that would lift the ban on Internet gambling by authorizing the Treasury Department to license and regulate Web-based nonsports betting operators. A companion measure pending before the House Ways and Means Committee would let the Internal Revenue Service tax winnings from online wagers.

While the legislation is a long way from becoming law, the prospect of taxing the winnings that have been estimated at $42 billion over 10 years would be a huge source of revenue for the government. Should Internet gambling be legalized? Free bonus no deposit mobile casino uk.

Read the Discussion »

Debaters

  • A Historical Tradition

    Raymond Sauer, professor of economics

  • Too Many Negative Side Effects

    Earl L. Grinols, professor of economics

  • Bans Don’t Work

    Michelle Minton, Competitive Enterprise Institute

  • Keep the Ban

    John Kindt, professor of business and legal policy

  • Personal Freedom

    Annie Duke, professional poker player

  • A Predatory Business

    Les Bernal, Stop Predatory Gambling

  • Leveling the Playing Field

    Robert Hahn, regulation2point0.org

  • Why Add More Options?

    Larry Ashley, addiction specialist

Recent Discussions

Why Gambling Should Be Illegal

Illegal
Gamble On Put the chips all-in, because surprisingly, gambling is one of the most popular industries in the United States. Depending on each states government, they choose whether or not varieties of gambling is legal or illegal, and most gambling is only legal in certain geographical locations, such as Atlantic City and near Indian reservations. With state laws having authority, their government gets to decide the regulations of gambling. Throughout the nation, gambling is a larger business than the airline industry, with a near 81 billion dollar revenue in 2013. American voters believe casinos improve their communities, help local economies and promote job creation. Overall, gambling is a very important aspect to the economy and will continue to improve and contribute to the economy. Gambling will continue to thrive because of the tremendous amount of revenue it produces, is a positive effect. Gambling, specifically in casinos, increases employment and provides jobs for millions of people. Finally, gambling allows for certain areas and locations to thrive, especially amongst their retail stores.
There are several reasons why gambling deserves to continue to exist, especially because of how popular, high-demanding, and big money the industry is. There are billions of dollars going into the gambling industry and is estimated to be worth at least 240 billion dollars annually in total economic impact. In 2013, 13 states generated a total of 27 billion dollars in revenue,…