This document discusses the issue of whether gambling should be legalized. It outlines different types of gambling, including recreational, problem, and compulsive gambling. The document lists potential pros of legalizing gambling such as increased tourism, employment, and tax revenue. However, it also discusses cons such as financial strain, depression, criminal activity, and negative impacts on children. It concludes by saying that while gambling may provide extra tax revenue, it also brings social costs. The document suggests solutions such as establishing a gambling regulatory authority and locating casinos in remote areas.

1. Should we Legalize Gambling
or Not…?

2. What is Gambling…?
• Gambling is the wagering of money or
something of material value on an event
with an uncertain outcome with the
primary intent of winning additional money
or material goods.

3. Three types of Gambling…
• Recreational Gambling.
• Problem Gambling.
• Compulsive/Pathological Gambling.

4. Definitions
•
Recreational Gambling: Only for fun and does
not have a negative impact on the individual or the
family.
• Problem Gambling: Gambling has a negative
impact on the individual, family & work; but the
individual is still able to function at a minimal level.

5. Definitions
•
Pathological gambling :
Pathological gambling is being unable to
resist impulses to gamble, which can lead
to severe personal or social
consequences.

6. Types of Gambling Games
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Lottery
Bingo
Card Games
Skill Games (bowling, pool, golf)
Sporting Events
Horse/Dog track
Casino Games
On-line Wagering
Stock market

7. Pros of Gambling
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Tourism
Employment
Better health
Charity
Entertainment
Tax revenue

8. Tourism
• Lavish casinos are often seen by people
from out of town as a great weekend or
vacation destination because they provide
them an avenue for their gambling hobby,
normally a fun experience.
• People in countries such as United
Kingdom, Italy, etc indulge in the gambling
activity for fun, pleasure and relaxation

9. Employment
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More jobs are created in casino-hosted
regions.
The world’s biggest gambling destination in Las
Vegas, Nevada, attributes over 60% of its city
employment towards casino-based jobs alone.
it also supports over 100,000 jobs in British
economy

10. Better Health
• Gambling has been shown to help older
people and retirees drastically reduce their
health problems.
• They aren’t as likely to suffer from
depression, alcoholism, or bankruptcy as
older people who don’t gamble.

11. Charity
• Charity organizations use gambling to raise revenue is
by holding large Bingo games, having lotteries or raffles,
and by holding charity poker events.
• some schools out there hold events such as a casino
night to build money for their yearly operations

12. Entertainment
• Gambling can provide quite a thrill to those that
do it and the prospect of winning money is always
an added bonus.
• Many casinos provide customers with a vast
array of shows to make the gambling experience
even more fun.

13. Tax revenue
• Economic impact of betting industry, in
terms of direct and indirect influence, is to
the tune of 6 billion pounds ($9.3 billion) .
• casinos have to pay taxes that are above
20% just based on their total revenue, this
is normally far more money than other
businesses are going to be brining into
their area.

14. Cones of Gambling…
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Financial strain
Depression
Criminal Activity
Impact on childrans

15. Financial Strain
• Personal savings and income are squandered
• Money is taken from other economic uses,
investment, and charities
• Poverty is reinforced because poorer gamblers
take greater risks in the hopes of a big win

16. Depression
• Because of tension in mind that you have lost a
great amount of money which can cause a
disaster in both your professional as well as
personal life.
• Depression can later leads to Use of alcohol,
sleep, or drugs to escape from tenssions.

17. Criminal Activity
• Addictive gamblers often resort to burglary, theft,
larceny, embezzlement, and similar crimes to get
cash.
• As with criminal activity, the chance for greater
rewards than ordinary employment is a
disincentive to the work ethic.

18. Impact on Childrens
• Parental gambling has negative effects on
children.
• Parental gambling is linked to inadequate coping
skills, relationship and behavior problems,
increased potential for children to become
problem gamblers when they grow up.

19. Why legalise gambling ?
• Gambling-related activities could be
marketed as 'pleasure' or 'fun' part of tourist
activities.
• This can help attract more foreign
tourists and valuable foreign exchange

20. Why legalize gambling?
• It allows higher freedom with respect to what
one can do with his wealth
• It is a source of revenue for the government
• It eats into the illegal gambling market
• Helps curb match fixing due to point number 3
• The losses made in gambling are personal ( no
one else is affected).

21. Why legalize gambling?
• The growth of gambling industry can have
positive, multiplier effect on other sectors such as making casino games, software
testing, real estate, advertising, banking
and finance, hotels, cruises, pubs, etc.

22. Why legalize gambling?
• If gambling is legalised in a controlled manner , crores
of rupees in black money involved in illegal gambling
activity currently could be made available to the legal
economy.
• Without a strong regulatory structure to oversee this
illegal activity, government loses huge amount of
revenue that could be put to better use - like building
schools, hospitals, infrastructure, etc

23. Countries where gambling is
legalised…….
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United States
United Kingdom
China
Singapore
Thailand
Nepal
And Goa in India

24. Why not legalize Gambling
• Gambling can cause loss of all wealth.
• In big games between rich people, gamblers put
lots of money, even all their wealth and if they
are not lucky they lose all their money.

25. Why not legalize Gambling
• Gambling makes people
greedy and angry.
• . If gambler wins a lot of
money he/she becomes
greedy and wants to play
again or when gambler
loses his/her money
he/she becomes angry
and wants to play again
and again

26. Why not legalize Gambling
• Negative effects of gambling on Family life.
• Does not care about his/her family, comes
home late and loses lots of money in one game
which he/she gained in many years.
• Because of these motives appear a lot of
arguments between husband and wife. Thus
arguments finish with divorce which affects
children’s psychology in bad way.

27. Why not legalize Gambling
• Possibility of suicide.
• After losing everything such as family, wealth
and respect in society losers become hopeless
and miserable, so they see suicide as only way
out from the troubles.

28. Solution
• Need to set up national level gambling
regulatory authority on lines of UK
gambling commission to regulate
gambling market.
• Need to setup a good set of roles and
regulations to carryout gambling industry
effectively without corruptions.

29. Solution
• Find locations for casinos or other gambling
centers on remote areas or places which are not
accessible for middle class peoples frequently.

30. Conclusion
• The extra revenue added by casinos and
gambling would go a long way to help with our
budget deficit.
• Brings social costs.

31. Gambling: the way of getting everything from
something !
Thanks…