Information About Financial Points

Gambling can affect:

Financial situation


Borrowing money to delay disaster. Gambling until all the money is gone. Gambling to chase losses, even when in debt. Financial difficulties possibly leading to legal problems.

Gambling creates economic costs for society and taxpayers, including non-users.


Information about Financial Points

Crime:

E.g. Aggravated assault, rape, robbery, larceny, burglary, auto theft, embezzlement, fraud.

Business and Employment Costs:

Lost productivity, lost work time, unemployment-related employer costs, Bankruptcy, Suicide.

Illness:

E.g. Stress-related, cardiovascular, anxiety, depression, cognitive disorders.
Social Service Costs: Treatment, unemployment & other social services, Direct Regulatory Costs.

Family Costs:

E.g. Divorce, separation, child abuse, child neglect, domestic violence, Abused dollars

Other Thoughts

  1. For many, gambling merely transfers dollars from one pocket to another without creating a tangible product.

Some gamble for recreation (such gamblers are presumably provided recreation value for their lost dollars), but many gamble to acquire money. Instead of creating a product or offering a service to earn money, this second group of gamblers doesn't accomplish anything and yet expects to acquire money. The more people there are who gamble to acquire money, the poorer society is. If everyone gambled to acquire his money, we would all starve.