Reasons why government should support betting?

[Btaliat]

In a free society country, government is not really concerned what people do with their money. It is seen as a free market country where citizens are free to do whatever they want. Countries like the United States of America has reached the stages. Citizens are free to place any bet at their own expenses.

The following are the reasons why government should allow betting in its economy.

It is a means of generating fund for the government and also the citizens. It is not a gainsaying that government makes huge money in betting. In fsct, there are some states in the United States of America, like Las Vegas, that depend solely on the betting money.

 

[Hannman]

It's not actually a compulsory thing for any government to support and it does not also mean that government should go against it. Gambling industry is becoming one of the most industry for accumulating huge amount of money but it has also so many disadvantage to the development of any nation which are one of the reasons some governments are considering for not supporting betting

 

[SlotsMaster]

Government receive taxes from the sport betting companies and in my country, the government receives very high taxes from these companies and it translates that they are making huge amount of money from them.

 

[Sike_lottery]

Government receive taxes from the sport betting companies and in my country, the government receives very high taxes from these companies and it translates that they are making huge amount of money from them.

The government receives very huge taxis from all betting companies and that is why you should try as much as possible to support them in all ways possible and how to make the industry grow at an alarming rate.

 

[SlotsMaster]

The government receives very huge taxis from all betting companies and that is why you should try as much as possible to support them in all ways possible and how to make the industry grow at an alarming rate.

I also need a research into the subject and I discovered that the government levied heavy taxes on sport betting companies and they also make gains from the sport betting companies in some other ways . This is why it is necessary for them to support the bookmakers.

 

[Bigron]

I think it is ideal if the government support betting because the state collects taxes from betting companies which are regulated by the gambling commission. In addition, it provides employment for prospective workers at offline betting centres

 

[SlotsMaster]

I think it is ideal if the government support betting because the state collects taxes from betting companies which are regulated by the gambling commission. In addition, it provides employment for prospective workers at offline betting centres

Any organisation that is contributing to the development of a country deserves to be supported by the government because taxes are used for the growth of the state and as such the company should also recieve support from the state too.

 

[Bigron]

Any organisation that is contributing to the development of a country deserves to be supported by the government because taxes are used for the growth of the state and as such the company should also recieve support from the state too.

You have a point, but the authorities in power deem the practice of betting to be immoral, which is why they have failed to fully condone it and suppressed its emergence in the nation.

 

[kayode10]

I don't think that government should support debate in because he does a lot of more harm to the youth than the benefit. if you look at sport betting very well you will discover that only a tiny fraction are winning huge amount of money why the sports betting companies are recording huge return-on-investment year in year out. Beside that most of the vices or call as a result of social gathering on betting.

 

[SlotsMaster]

I think it is ideal if the government support betting because the state collects taxes from betting companies which are regulated by the gambling commission. In addition, it provides employment for prospective workers at offline betting centres

The Western countries that takes casino as very important are making a huge amount of money from the Taxes collected from casinos and it seems that the type of tax paid by this kind of company are huge.

 

[Bigron]

The Western countries that takes casino as very important are making a huge amount of money from the Taxes collected from casinos and it seems that the type of tax paid by this kind of company are huge.

I believe the religious condemnation and vitriol towards gambling is not as high over there, and this has given the gambling commissions abroad free rein to fully develop the casino and betting industry, and to their credit, they are reaping the full rewards of it.

 

[SlotsMaster]

I believe the religious condemnation and vitriol towards gambling is not as high over there, and this has given the gambling commissions abroad free rein to fully develop the casino and betting industry, and to their credit, they are reaping the full rewards of it.

Stringent rules are not placed in those countries and the casinos industry are given enough room to operate, this is why you see casino and any other gaming industry growing at an alarming rate.

 

[WinJonny]

No government is required to support it, and opposing it does not automatically indicate that government should do the opposite. The gambling industry is one of the most lucrative sectors for accumulating large sums of money, but it also has many negative effects on the growth of any country, which is one of the reasons certain governments are considering not promoting gambling.

 

[Bigron]

Stringent rules are not placed in those countries and the casinos industry are given enough room to operate, this is why you see casino and any other gaming industry growing at an alarming rate.

In the context of allowing these companies the freedom to run their activities, I think they are less strict, but to say they are less stringent in other contexts is erroneous. They have to be quite diligent in ensuring that the games played are fair.

 

[Hardexy1]

Over a long periods now betting has really grown big time, there are so many reasons why government must support betting, already government are Collecting huge amount of taxes from all these betting site owner and they can at thesam time use this money for the betterment of the society

 

[Bigron]

Over a long periods now betting has really grown big time, there are so many reasons why government must support betting, already government are Collecting huge amount of taxes from all these betting site owner and they can at thesam time use this money for the betterment of the society

I agree with your point that betting should be more legalized in certain locations, but do you not think that the public perception and reaction plays a role in the government's reluctance to normalize such a venture?

 

[swift]

Although the government could actually benefit through taxes and others , but I don't think they would place so much concern on gambling , because I think they are so concentrated on other issues affecting the country