Legalized Gambling

by Jerry "Jet" Whittaker

January 30, 2006

Legalized gambling: “Laws governing the gambling game”

There was a time when a civilized gentleman or a rich businessman would refrain from gambling not because he was not interested but because it was not legal. However more and more states have been legalizing gambling and so the inhibited law follower can also enjoy indulge once in a while in gambling. Legalizing gambling is done by passing a legislature for the open support to gambling. Legalized gambling is often seen gaining momentum in the places where it is considered as a way to supplement state revenue. But the citizens and the governing body of these particular states often ignore the costs that are associated with legalized gambling. If analyzed, the social and economic cost will come out to be enormous. With gambling being made legalized more and more people are seemed affected by the outcomes. In the next few lines we will be discussing some of the ill effects of legalized gambling.

A gap between legal and illegal gambling

One of the many assumptions of legalized gambling, which is in the mind of the people, is that the government will institute legalize gambling and will completely drive out illegal gambling. This proves that the people are going to gamble at any cost whether legally or illegally.

Secondly if given a choice people will naturally opt to gamble in a state sponsored program because it will be regulated. In this way the legalization of gambling will make many people gamble who otherwise are away from this evil practice. Generally it is stated that legalized gambling will root out illegal gambling, but to see practically just the opposite is true. Legal gambling acts as a momentum for illegal gambling.

Causes of growth of illegal gambling

The growth of illegal gambling in many areas where legalized gambling exists is simple. Firstly organized crime or legalized gambling often uses the free publicity of the state run lotteries and pari-mutual betting to run there own number games. Secondly many betters choose to gamble illegally rather then legally.

With a bookie they can bet on credit and don’t have to report their winnings to the government. These are the two things which a gambler can’t do when he chooses to gamble legally and this proves why illegal gambling holds a strong root even with the existence of legalized form of gambling.

Copyright © 2000-2006 GamblingWiz.com All rights reserved.