Is Legalized Gambling Worth the Costs?
Legalized gambling has been used to finance various public works and private nonprofit institutions such as hospitals, colleges, and local school systems in America from the time of the landing of the first settlers. The method employed at that time was state-sanctioned lotteries. Today, all but a few states have some form of legalized gambling.
From the point of view of lawmakers and public officials, using gambling to raise money is attractive. Permitting various forms of legalized gambling--chiefly lotteries and casinos--and then taxing the resulting receipts at a high rate seems to avoid a political problem. Gamblers are willing payers; they submit voluntarily to playing …
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Publication information: Article title: Is Legalized Gambling Worth the Costs?. Contributors: Not available. Magazine title: The World and I. Volume: 12. Issue: 3 Publication date: March 1997. Page number: 287. © 1999 News World Communications, Inc. COPYRIGHT 1997 Gale Group.
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