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New Jersey is a great example of the commercial impact gambling can have, with the state currently enjoying a big boom in revenues and employment within the sector. With the majority of people able to gamble without any issues, the pros generated by the industry appear to outweigh the cons. Ken Edwards While some states are still debating whether to fully embrace the gambling industry, there are many others who are already enjoying the financial benefits it brings Employment Boom Highlights Benefits of Gambling Industry 08 Jan 20 News. Read more Accept.{/INSERTKEYS}{/PARAGRAPH} However, while the expansion of gambling in some states has been shown to cause an initial spike in the number of problem gamblers, the figures eventually level off. Supporters of online casinos and sports betting sites argue that allowing them to operate within a jurisdiction has huge economic benefits for that particular region. Recent research by the iDevelopment and Economic Association iDEA has shown that more than 1, jobs were created by the sector in New Jersey during That takes the total of new jobs created since when online casinos were first launched in the state to over 6, When bets are done legally and in the proper regulatory framework, everyone wins. By: Ken Edwards. With New Jersey enjoying the benefits of a licensed and regulated gambling industry, it is easy to see why many other states are eager to jump on the bandwagon. One of the major reasons that states allow online casinos and sports betting sites to operate within their boundaries is the positive effect it can have on the local economy. Nebraska is one such state, with a local Native American tribe campaigning heavily for casino gambling to be legalised there. Studies have shown that states that allow casinos to open have around eight percent higher rates of employment and greater salary levels. Tax revenues from gambling are proven to have a positive impact on local economies, allowing money to be spent on state programs that might otherwise have been neglected. This is often in areas where support is needed most, such as homeless projects, aiding people with disabilities or helping the elderly. Study Highlights Big Gambling Boom One of the major reasons that states allow online casinos and sports betting sites to operate within their boundaries is the positive effect it can have on the local economy. Opponents often highlight problem gambling as a reason why states should not allow the practice, arguing that it has a negative impact on the community. {PARAGRAPH}{INSERTKEYS}While some states are still debating whether to fully embrace the gambling industry, there are many others who are already enjoying the financial benefits it brings. Ho-Chunk Inc.