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Message: The Case Against Legalized Gambling Gambling costs far more than it benefits. Studies show that for every dollar gambling produces for a regional economy, $3 are cost because of the economic and social costs of gambling. Gambling cannibalizes local businesses. A hundred dollars spent in a slot machine is a hundred dollars that is not spent in a local restaurant, theater or retail store. Gambling triggers addiction. The more legalized gambling is available, the more addictive behavior is triggered. In 1989, only 1.7% of Iowaís adults were gambling addicts, but after riverboat casinos were legalized, the rate of addiction more than tripled to 5.4%. Gambling addiction has become an epidemic among youth. Researchers now call gambling the fastest- growing teenage addiction, with the rate of pathological gambling among high school and college-age youth about twice that of adults. According to Dr Howard Shatter, director of the Harvard Medical School Center… Read Full Article