“When the state joins forces with private industry in order to sponsor and propagate an old human vice, the results can devastate both civic life and, in the long run, the civic purse as well.” This is the conclusion made by author Harvey Silvergate after a visit to Atlantic City with his son. His libertarian values would, one would think, compel him to support as many casinos as the free market would support. However, this visit to an Atlantic City casino showed him the despair which problem gamblers feel as they drain their savings in slots. The surrounding community, with its old, rundown, dilapidated buildings further convinced him of casinos’ harmful effects. Ultimately he makes the conclusion that this is not so much a private business as it is a government-sponsored industry that causes social dislocation and poverty. The story he tells is gripping and the poverty he describes is palpable. The article is a must-read for anyone looking into the issues of government-sponsored casino gambling.
American Medical Association: Growing Health Concern Regarding Gambling Addiction in the Age of Sportsbooks
March 3, 2025
The number of states with operational sportsbooks increased from 1 during 2017 to 38 during 2024. Total sports wagers increased