There are always going to be too clear decisions when it comes to gambling. Where one side only sees the adverse effects it might have on society. Yet, these thoughts usually have a direct link to personal experience. But it is also due to unknown factors the industry contributes as a whole. Leading us to the second segment, the yes-sayers. That manages to keep an objective viewpoint and see more on the positive side the industry brings. And in a recent report published by the Betting and Gaming Council (BGC) leans more towards the positives rather than the negatives. On that note, let’s see what the organization found, shall we?
Say and think what you want, but the fact remains. The gambling industry, online and land-based operations have a substantial positive impact on the overall economy. In fact, the report outlines that all in all. The betting shops, brick and mortar, and online casino gross £7.7 Billion favoring the UK economy in 2019. Plus an added tax income of around £4.5 Billion. Yet, the positives don’t stop here. Also pointed out in the findings is that the industry creates roughly 119,000 jobs for the Brits. Although, the reported numbers still don’t remove the core beliefs the BGC has. Namely to ensure all players safety in a world-class setting. In other words, gambling can be fun and rewarding in so many ways for more players than the active base.
The break of date for reviewing the 2005 Gambling Act was on the last day of March 2021. And is supposedly leading to a “white paper” publication. Basically, its purpose or white paper is to inform readers and decision-makers where problems lay. In essence, it helps to spell out the areas without clouding the judgments with different wording. Simply put, to understand an issue without deciphering. As such, making a decision that simply makes sense and works in as many peoples or segments’ favor as possible. Meaning, just because gambling might have a stamp as a society drain doesn’t necessarily make it so after investigating it thoroughly. Yet, what the outcome of the revised 2005 Gambling Act may include remains to the near future.