The impact of gambling on society can be measured on many different levels. Some of these impacts are financial, while others are societal in nature. Financial impacts can be measured as the revenue that casinos generate, the impact that gambling has on other industries, or the value of local properties that are impacted. Economic activity is also affected by these effects, and they can contribute to the overall societal financial situation. Labor impacts can be measured as decreased productivity and job creation, and they can also involve physical health and psychological well-being.
Impacts of gambling on the public health
While addiction to alcohol and tobacco is well understood and accepted as a public health problem, the impacts of gambling on public health are not so well understood. However, gambling-related harms are a growing concern, with many people reporting increased mental health problems and financial hardship. Although gambling harm has been studied and evaluated in many countries, few interventions exist for people who are already addicted or in danger of relapsing. By identifying the health risks associated with gambling, policies can be developed at national and local levels to reduce harm.
Impacts on small businesses
There are several types of impacts of gambling, ranging from general to specific, to local to societal. The impacts on individuals can be nonmonetary, including the time lost from work or other activities. The societal impacts of gambling, on the other hand, are more monetary. For example, the economic impacts of problem gambling, including the costs associated with social care and increased property values, may be monetary in nature. In addition, the economic and social impacts of problem gambling can be both direct and indirect.
Impacts on crime
The impact of gambling on society is both obvious and subtle, and is debatable, but there are certain common patterns. Problem gambling is associated with increased rates of crime, including violent crime and driving under the influence of alcohol. Moreover, it increases the number of tourists and the population, both of which increase the risk of crime. Pathological gambling also costs the community an extra $51 million to $243 million in police costs over its lifetime. Despite the negative impact of gambling on society, the benefits of legalized gambling are overwhelmingly positive.
Impacts on tourism
While the effects of gambling are widely debated, there are some clear economic benefits for communities that have casinos. While Las Vegas is one example, smaller communities might not experience the same tourism boost. It is not clear if the economic benefits of casinos outweigh the drawbacks. Nevertheless, the debate over the benefits and drawbacks of gambling continues to grow. The following is a brief review of the benefits and drawbacks of casinos.
Impacts on families
The impacts of gambling on families are often invisible. Many victims are unaware that their loved ones are affected, especially if they have no clue of the extent of their financial loss. Gamblers often take out loans to cover the debts of others. In addition to the financial hardships that result, family members may also suffer from problems such as a lack of essential household items, strained relationships, and stealing. To combat this problem, families must be taught how to intervene.