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Essay / Casinos impact Australia - 1873
In the 1970s and 1990s, the number of casinos in Australia increased, which helped the Australian economy. Indeed, the casino industry is one of the most heavily taxed industries and is a popular tourist destination in Australia. The casino industry can increase employment when it needs additional infrastructure and public services. Casinos have a positive economic contribution as they attract large numbers of tourists who travel to Australia to gamble. On the other hand, casinos have negative social impacts as studies have shown that the casino industry can cause various problems such as health problems and family problems. Australia has limited the number of casinos to be developed because studies have shown that as gambling becomes more convenient, there will be an increase in the incidence rates of problem and compulsive gambling. According to the National Opinion Research Center, $5 billion per year is spent on problem and compulsive gamblers. Accordingly, this essay will use various articles, reports and websites to critically analyze the positive economic contributions as well as the negative social and economic impacts of the casino industry in Australia. Casinos are considered a potential tourist destination in Australia. . Tourists are willing to travel to other destinations to gamble because gambling is considered a romance entertainment compared to other entertainments such as cinema and sports (Novak & Allsop 2009). Statistics from 2006 to 2008 showed an increase in the number of tourists traveling to Australia for the purpose of gambling. An increase in the number of tourists traveling to Australia would benefit the Australian economy by generating more revenue. According to... middle of article... the purpose of gambling increased because people viewed gambling as romance entertainment over other entertainment. The increase in tourists to Australia has helped the economy because of the revenue it generates from tourists. However, casinos have negative social and economic impacts in Australia. Problem gamblers and those affected by problem gamblers would suffer similar serious consequences from the casino industry. The increase in casinos is causing gambling problems because it has made gambling more convenient for people. Casinos can cause depression, anxiety, suicidal thoughts, and other significant problems. The social costs for problem gamblers are approximately $48 million to $150 million. Therefore, casinos can be considered to have a positive or negative impact in Australia..