“Gambling is the son of avarice and the father of despair.”
Gambling is evil for the wrong values it creates. It Â reflects greed Â in a man that makes him long to get rich quick without honest labor. Â Since it is addictive – small time gambling can lead to bigger ones, assuming that one survives the financial drain that plagues habitual gamblers.
Among Asian Â nations, the Philippines has one of the lowest savings: GDP (Gross Domestic Product) ratio. Yet, we are a nation of addicted texters and Â many are participants in the illegal gambling games, costing money.
Even the BSP (Central Bank) and some concerned NGOs are worried that there is indeed Â no “financial literacy” among most Filipinos and even OFWs ; they fritter money into otherwise less productive expenditures. For a Third World country, Â for instance, we waste billions in Â casual texting and useless exchange of meaningless communication. Notice , too, how jueteng thrives in many communities in the country.
Yet setting aside P 50 per day into Â genuine savings can- in perhaps Â a year or so- make one capable to engage in Â a simple buy and sell business, a mini sari sari store, buy a second hand tricycle or banca but we do not.
So before it attracts a multitude who will Â make gambling a way of life, it is good to heed the Â (87%)voice of the callers in station dyRD’s Â “Inyong Alagad” program -stating Â their objection to E-Gambling and thus be Â a message to City Hall not to listen Â to Â the three applicants for the Â E-game in the city. Needless to say, the Catholic Â church frowns upon it.
An American Deputy General in a gambling state in America also once Â said:” No one in the history of mankind has developed or operated a gambling firm out of a burning desire to improve the lot of the community.”
It is unlike what the PCSO does, the lotteries’ proceeds are used exclusively for social services for the public Â (mostly health-related). Those not run by Â the government operates from the pure Â private profit motive. And since “the house never loses”, the E- gambling operators will Â consequently Â siphon more money out of the community than it will ever pay out Â for the few winners. That’s Capitalism 101.
At least they are taxed, unlike the illegal jueteng operators.But that is a small comfort.
That is why Thomas Devar is right Â when he quotes: ” No one can endure a gambling husband; unless he is a steady winner.” Because no one can really Â be a steady winner or he will put the gambling operator out of business. Gambling could be one of the worst type of social cancer.
For instance- Â one can only drink so much- and Â in excess – Â one will just Â merely collapse from imbibing too much alcohol. Two, Â one can always Â place limits on how much he pampers his mistress. But a gambler never stops. It Â is Â monumentally hard for him to walk away when he is winning and even harder to leave the table or E-center when losing – because he wants to recoup.
That is why all of us Â have heard of gamblers selling properties, dealing with ” 5-6 ” lenders and neglecting Â their families and jobs to attend to the demands of Â being a gambler by Â choice. The E – gambling has been operating in Panglao and Dauis, two tourist-havens in Bohol, we have heard.
Some tricycle drivers have reportedly missed on their daily contribution to the family table- allured by this game of chance. Â Some Panglao island boat men, too, allegedly spend the pre-paid advances of tourists (for island hopping) Â and when in a losing situation, cannot remit the same Â to the operators. Some of them have to be reportedly physically yanked out of the E-gambling centers to do their jobs- since these are the places Â they have unleashed their addiction upon.
Gambling is indeed addictive and Â a study shows Â that the suicide rate among gamblers is reportedly 150% higher than the average person Â for obvious reasons.
We ask City Hall, therefore, Â not to be attracted by the few Â prospective taxes Â that this low-bet Â electronic-gambling business will bring to the coffers of the government but Â which , in turn, will Â incur great social costs and family ruination in the community. Â It would be monumentally better to start Â instead a Â “Financial Literacy” campaign to the resident Â folks Â in the city -in cooperation with the many socially-conscious banks.
In the process, the Â newly-educated city folks may yet be able to Â use their “savings” as counter part funds for livelihood Â financing Â that the city or some financial institution Â can extend Â to them and thus Â make businessmen Â out of them instead of Â they Â becoming addicted gamblers for life.
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