Gambling #4

Today I read through two of my last sources of this project and learned about some of the negative factors of gambling and its relation to the economy and how different types of gambling are available in all states. When I think of gambling I just think of Las Vegas people going to the casino playing blackjack, roulette, craps, and other games. The lottery that is legal in all states in the U.S. is another form of gambling that can be seen on a smaller sector. Gambling is a form of putting money into an investment where no one knows the outcome of it. This fits the lottery as people put wages into the lottery with uncertainty if they will win the big jackpot gambling their money away to this industry. There are so many negative aspects to gambling as some critics from ABC-CLIO talked about gambling saying, "it is immoral, it destroys families, attracts crime, and leads to addiction, infidelity, and bankruptcy. Some critics also argue that gambling addiction can even be responsible for divorces and suicides." With all these factors in the air when gambling is involved, this industry can do nothing but hurt the economy. People argue that this industry actually helps the economy because it creates more jobs, and gives the government more money to invest in necessary areas. This will not be an industry that creates more jobs, it actually loses jobs as people get addicted to the game and let it take over their lives which can lead to them losing their jobs and money. The money that these citizens are losing in the casinos or through the lottery are losing the money that they would spend on necessities such as clothes, household goods, and food. It is more important to maintain an economic strength in these areas because they are the industries keeping the economy alive, while gambling is moving the economy in the opposite direction. The negative aspects completely outweigh the positive ones of gambling so that is why I am a firm believer that they should not make it legal to gambling in Chicago is it will hurt our economy overall.