Legalization of Gambling

Paper Summary:

This persuasive paper provides support for the legalization of gambling in the U.S. It argues that since 48 states already support gambling in some form or another, there is no reason why gambling of all forms should be allowed in all states. The paper looks at the financial benefits of gambling to America's economy and argues that gambling is no bigger a vice than smoking or drinking alcohol.

From the Paper:

"Gambling should also be legalized because on-line stock trading is legal. On-line trading is the buying and selling of stocks and bonds over the Internet for persons 21 and over. The trading of stocks over the Internet is essentially gambling, with the same outcomes of winning and losing money. The stock market is designed for careful investors who research and plan their buying and selling. With the establishment of on-line stock trading the market has become a form of gambling. Now people who have the required $1,000 to establish an Internet account just sit down at their computers and "bet" on whether a company's stock will go up or down to "win" the trader money, just like betting on whether a seven or eleven will come up on the dice."

More papers on Legalization of Gambling:

• Argumentative Essay # 74662 : "Effects of Gambling"
• Essay # 47498 : "The Economic Impact of Gambling"
• Term Paper # 99908 : "Online Gambling"

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