Gambling in Guyana Is a Benefit to the Society

Topics: Gambling, Casino, Hotel Pages: 2 (528 words) Published: December 12, 2012
Gambling in Guyana is a benefit to the society
I support the argument that gambling in Guyana is a benefit to the society. When I say gambling, I refer to legal gambling. I acknowledge that gambling can become an addictive activity on a personal basis and can lead one to bankruptcy. At the same time I believe that Guyanese should be given the freedom of choice to determine how they spend their money and what decisions are best for them. Some argue that gambling is bad for our society since it makes one addicted to it as with drugs. I totally disagree since unlike drugs, gambling is not physically but is physiologically addictive. The Guyana lottery, established in 1997, is deemed a legal form of gambling by the laws of Guyana. The lottery involves playing various games of chance with the hope of earning fast tax free cash. In an interview with Tracey Lewis, the lottery company’s general manager, she stated that the company provides direct employment for 34 persons and business opportunities for approximately 80 retail agents. She also stated that the company has earned over $4.5 billion in revenue for our country to date. From the facts given, can one really argue that a company that has done so much and is continuing to do much more is not beneficial for Guyana? I highly doubt that since this company has made it possible for many Guyanese to be employed and also has donated significantly to our already struggling economy. The Gambling Prevention Law which was amended in 2007 legalized the establishment of casinos locally. The Casino provides a means of employment to many Guyanese and also is a source of revenue since the Casino owners are compelled to pay tax. The Casino Act states that the only people who can gamble at the casino are international tourists and locals who are guests at the hotel. One may argue that gambling in casinos will make more Guyanese bankrupt. This can easily be refuted since the legislation only permit locals staying at the hotels to...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Society Benefits from Legalized Gambling Essay
  • Gambling
  • The Effects of Gambling on Society Essay
  • Essay about Gambling: Dangerous to Society?
  • Essay on gambling
  • The benefit of Facebook to the society Essay
  • The Benefits to Society of Information Technology Essay
  • Essay about The benefits of human cloning to our society

Become a StudyMode Member

Sign Up - It's Free