Cost of legalized gambling

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Stossel Vs O'Reilly On Legal Gambling

Many states in America have legalized gambling and are enjoying the benefits of doing so. However, along with certain economical advantages, there are many social disadvantages that accompany this legalization as well. Negative Aspects of Legalized Gambling: Financial Concerns: The act of wagering on the outcome of any given game is a risky one, and the gambler may be spending funds that could be better used elsewhere. The Economic Impacts of Legalized Gambling Introduction The effect of gambling on the standard of living will be pronounced if the gambling activity is regressive, meaning that the rate of participation (as a percentage of income) declines as people The Costs and Benefits of Legalized, March 5.

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