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//Should government support casinos?//

Nowadays, Australian Casinos are 5% of global casino market in the world. Those casinos are spending money heavily to improve facilities to attract more high rollers (see remarks) and Asian wealthy travelers. However, the competition among other countries is intense. For example, Singapore opened its casino industry few years ago with integrated resorts and international theme park. Other Asian countries, like Thailand, Vietnam, and South Korea also considered new casino development. Macau became the biggest gambling destination and is currently twice as big as the famous Las Vegas casino developments.

Since Macau and Singapore government play active roles to support the casino industry. Some people suggested Australian government should also have a role to play through their policies on direct flights to Australia from Asia, ease of access to Australian Visas, and gaming regulation etc. An Australian tourism expert proposed the government increasing the numbers of casinos in different states to attract tourists especially for high rollers. He said that both government and tourism will benefit from Casino expansion projects. In contrast, building new casinos also bring in the problem of gambling addiction and criminal problems. Promoting the gambling industry is a controversial issue between social cost and financial benefits.

What is your opinion? Should the Australian government support the casino industry to make it more competitive? What are the pros and cons of promoting casinos or gambling industry? //‍Pls give your opinion////s// //or// //comment////s// //on this topic. ‍//

//Remarks:// Definition for higher roller- referred to as a whale in the casino industry, is a gambler who wagers large amount of money.

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