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It effects the economy because the gambling company looses money and other people get it, and the people working there get payed less.
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∙ 13y ago
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How does gambling hurt the economy?
Gambling tends to be addictive, therefore, may people who gamble become addicted. That, just like any other addiction, can lead to problems. I've personally never verified it, but many people claim that bankruptcies increase in any area where there is legalized gambling. Regardless, if a person becomes addicted and loses most of his or her money, that affects the economy in various ways.
How do teenagers affect the economy?
Gambling
How does the economy affect business?
how does economy affects business
What are non economic activities in Oman?
The country of Oman's economy does not include activities that include alcohol, or gambling. The economy is based on the production of oil.
How the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
How sensex affects the Indian economy?
sensex doesnt affects economy but economy affects sensex
How does gambling hurt the economy?
Gambling tends to be addictive, therefore, may people who gamble become addicted. That, just like any other addiction, can lead to problems. I've personally never verified it, but many people claim that bankruptcies increase in any area where there is legalized gambling. Regardless, if a person becomes addicted and loses most of his or her money, that affects the economy in various ways.
How do teenagers affect the economy?
Gambling
What is the economy of Macau like?
Macau's economy is largely based on gambling and tourism
How does the economy affect business?
how does economy affects business
How the business affect the economy?
how does economy affects business
What are affects of the telegraph?
it was the economy
What are the affects of gambling?
you get hooked to it, becomes and addiction and you start to waste all of your paycheck or at least most of it.
Why did neveadsa legalize all forms of gambling?
Because that is what drives the state and their economy. Most recently, online gambling was legalized there with the hopes of creating more revenue.
What are non economic activities in Oman?
The country of Oman's economy does not include activities that include alcohol, or gambling. The economy is based on the production of oil.
How does the geography of Venezuela affect the economy?
It affects the economy by changes locations of many buildings anbusinesses.
How the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
