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Why is the gambling industry legal in most countries?

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Post time 31-1-2024 04:42:28 | Show all posts |Read mode
There are approximately over 200 countries and regions in the world, with legal gambling existing in around 150 of them, accounting for three-quarters. Gambling, a game where valuable items are competed for, is a form of entertainment for humans, carrying different cultural and historical meanings.

Many countries in the world operate under capitalism, where the market and the state are primarily centered around capital, and there is a strong sense of individualism among the people. When it comes to activities and commercial behaviors that may lead to social issues, people in these countries often prioritize personal concerns. This is particularly true for the overall higher-educated European and American countries. While Asia and Africa also have countries where gambling is legal, many impoverished nations do not permit their citizens to engage in casino entertainment. Providing job opportunities for their citizens and generating substantial tax revenue, legalized gambling can be beneficial for the country. In many underdeveloped and yet-to-be-developed regions, the simplest and most effective way for the government is to promote the legalization of gambling. Examples include places like Las Vegas, Myanmar, Cambodia, and others.

In the current global economic downturn, many countries face financial deficits. The gambling industry contributes tax revenue to the government, which, in turn, supports infrastructure development.

In summary, developed countries promote the legalization of gambling primarily due to the overall high quality of their citizens, as well as the development of underdeveloped areas. Developing countries, on the other hand, promote legalized gambling for fiscal reasons, as having financial resources is crucial for development.
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Post time 31-1-2024 04:46:18 | Show all posts
This kind of thing is double-edged; where there are benefits, there are conflicts.
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Post time 31-1-2024 08:57:31 | Show all posts
The legalization of gambling is the general trend.
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Post time 31-1-2024 09:42:20 | Show all posts
Everyone wants to make money.
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Post time 31-1-2024 09:42:47 | Show all posts
I also haven't figured this out.
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