Friday, March 24, 2006

The gambling is an industry regulated by agencies of state, and federal government. These governmental agencies establish regulations that focus on the policy functions of gambling entities. These agencies ensure the integrity of the games offered to the public, and assume the responsibility to protect the public against unfair or dishonest gamming practices by those gambling entities. The gambling industry is growing every year the National Gambling Impact Study Commission states, Furthermore, the commission estimates that the figure will increase in coming years with no end insight. The rapid growth of the gambling industry has imparted economic benefits and social costs. Do the economic benefits justify the social costs of the ever growing industry of gambling The economic benefits are far greater than the social costs, and the gambling industry will enhance society as a whole, and with future planning (education of social costs incurred from gambling) eliminate or minimize the social costs. Read further...