By legalizing and taxing gambling it will provide another revenue stream for the government in their quest
Gambling is a source of entertainment and time pass . It can raise economic status of a state e.g. las vegas , And foreign tourist can be attracted..I.E, tourism development and it is the individual right .
to balance the budget.
It brings money into the economy
Through the use of taxation with gambling, much more money would be put back into the economy and we would be able to fund many other important government projects with the money created by the taxation. This would save Americans millions of dollars and help this country get out of debt.
Legalized gambling is beneficial because
1.It allows higher freedom with respect to what one can do with his wealth
2. It is a source of revenue for the government
3. It eats into the illegal gambling market
4. Helps curb match fixing due to point number 3
5. The losses made in gambling are personal ( no one else is affected).