Blog2 - Billion Dollar Industry: The Success Story provided by Gambling
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Billion Dollar Industry: The Success Story provided by Gambling

There are a lot of things wrong about gambling, but there can be a great deal right about it especially if looking at the money it brings and the benefits to the economy. Crazy as it might seem, but here’s why gambling is good for business:

A Huge Boon in Employment. Let’s face it—a lot of people have gone unemployed over the years. Casinos have provided them with a positive chance at regaining their confidence. It has provided jobs where there was none.

Revenues by the Billions. It can’t be denied that casinos account for at least $81 billion in revenue. About a third of that alone comes from casinos which are Native American in nature.

tax - Billion Dollar Industry: The Success Story provided by Gambling

A lot of taxes from the Casinos. People pay taxes and the government uses them. When casinos pay taxes, it’s by the billions; that’s a whole lot of money and it can be used on a lot of projects.

Economic impact to the tune of an explosion. The direct effect of casino gaming on employment can be likened to a bomb; it creates a splash effect where billions of dollars can be taken. This money can be used for a lot of things, most of it a help to people.

econ - Billion Dollar Industry: The Success Story provided by Gambling

The economy moves. As people move, so do casinos and gambling. This accounts for an exodus of money across states. It also means progress as taxes are paid and money from the casinos is used on the states’ projects.

When you think about it, casinos and the games have been designed for the enjoyment of people. It only becomes bad when you get addicted to it to the point that it controls your life. But if you learn to control it, you’ll see that it does, after all, provide some sense of positivity.