Few industries receive as much negative press as the gambling industry. Media reports enjoy highlighting the industry’s downsides, but very little focus is ever placed on the massive positive effects that gambling can have on a community. Typically, gambling is perceived as an addictive and dangerous form of recreation, but, statistics indicate that, for the vast majority of players, casinos and other gambling institutions represent a fun, safe environment to kick back and enjoy a great time. Let’s take a moment to review some of the massive benefits that the gambling industry can have if implemented correctly.
Jobs, Jobs, Jobs
There’s a reason that more and more states (and countries) are beginning to legalize gambling in one form or another: it is massively beneficial to the economy! Whether ins the form of casinos, race tracks or bingo halls, the gambling industry provides an injection of employment opportunities for the community. In addition, commercial businesses around casinos typically experience massive growth, leading to even more jobs. Few actions can give economies the immediate and substantial economic growth offered by entering into the gambling industry.
Taxes on gambling revenue are substantial, giving local and state governments a huge bump in available funding. With this contribution, the gambling industry can play a part in improving schools and infrastructure while limiting personal income tax. The economic impact of the gambling industry can’t be overstated, as both citizens and governments are able to benefit from the massive influx of sustainable tax money.
If you’ve ever lived in a sleepy town, you’ll understand how difficult it can be to find a relaxing hobby to take your mind off of your busy schedule. Casinos provide working class people with a convenient escape complete with luxurious bells and whistles to keep things interesting. For couples with kids, few places make for a more fun date night than a casino. Adults have been proven to be more efficient throughout the week when relaxed and happy, and the gambling industry provides a great way to unwind.
Increased Sense of Community
Particularly for the elderly, casinos and bingo halls can become a type of therapy. By allowing visitors to socialize and interact with like-minded people, the gambling industry can help alleviate the loneliness and isolation experienced by some members of the community. Particularly in smaller markets, gambling locations allow people to get out of the house and socialize, which is never a bad thing when it comes to improving the daily lives of residents.
As with all forms of entertainment, gambling is best enjoyed responsibly. While there are certainly some outlying cases, it’s important to remember the massive overall benefits that the gambling industry can have on a community. Despite negative media reports, the benefits offered by gambling establishments have led to continued growth and adoption in states, as well as countries around the globe. With proper limitations and discipline, visitors to casinos and other gambling institutions have plenty of fun and, with a little luck, some major winnings coming their way.