Social and political criticisms
Personally, I do not think casinos are good for the economy. Gambling, gaming are zero sum games, are economic blackholes that sucks money, savings, and resources, and barely returns anything to the economy. It creates paupers, losers, gambling debts, and broken homes.
This is unlike entrepreneurship that creates wealth jobs, and employment; casino and gaming for as long as people have something to gamble/bet. It does not create value.
I have seen millionaires become paupers; rich people lose their cars and homes to gambling losses.
Why does the government still license and promote casinos/gambling? Does it make sound economic sense?
Are casinos good for the economy?
Discovery - net effect of casinos to cities is negative
