IMPACT OF GAMBLING PHILLIPPINES PART 2 wpc online sabong
- September 1, 2023
gambling has become a significant source of tax revenue for the Philippine government. The taxes imposed on casinos and other gambling establishments have helped fund various public services and infrastructure projects. This additional income has helped improve the country’s overall economic condition and standard of living.
However, the positive economic impact of gambling should not overshadow the negative social costs associated with it. One major concern is the prevalence of gambling addiction. The accessibility and availability of gambling activities have made it easier for individuals, especially those vulnerable to addiction, to engage in risky behavior. Gambling addiction can lead to a range of problems, including financial ruin, family breakdown, and mental health issues. The detrimental effects on addicted individuals and their loved ones cannot be underestimated and should be addressed through proper regulation and support systems.