Can Gambling be Considered a Business?

Springtime

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Individual gambling cannot be considered as a business because money making mainly depends on luck. Operating a business requires planning management and marketing skills. Running a casino is a business.
 
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Starmix

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Gambling could be a business for it involves money. Though there is s 50 /50 chance of winning but it's assured the gamer could also win. That's his gambling business he enjoys.
 

Alberello75

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You have to forgive me, but my answer to your question, according to my personal experience as a bettoer, is NO. So I don't consider gambling a business idea, unless you're on the side of the house that always wins.
 

Elendu

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Gambling is often viewed negatively by the public, which can impact the reputation of businesses operating in the industry and this negative perception can make it difficult for businesses to attract customers and investors, and may limit their growth opportunities.
 

IB D

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The only way I see gambling as a business is for the people that run the places where people are able to gamble such as online betting sites, casinos, betting shops, and also arcades as well. I don't believe that you as a person can see gambling as a business as that would mean you can become too invested in it and that is never a good idea when it comes to gambling. Yes with gambling you can win some and lose some but you risk losing so much in gambling if you take it too far which is why I don't see it as a business for the gamblers but more for the businesses who run the service.
Those are the only set of people that are assured profits in the business. I have studied gambling deeply and I realize that at every point, the odds favour the betting companies.
 

Alberello75

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Also thinking about opening a betting agency, it's a pity that in Italy gambling is managed by the State Monopolies and it is necessary to pay them a license of € 200,000 !! Where you are, is it perhaps the same thing, I ask?
 

Heatman

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Gambling could be a business for it involves money. Though there is s 50 /50 chance of winning but it's assured the gamer could also win. That's his gambling business he enjoys.

A friend of mine actually owns a gambling betting shop which is his full-time business and he's making a very good money from the business from those that patronize his store.
 

Starmix

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A friend of mine actually owns a gambling betting shop which is his full-time business and he's making a very good money from the business from those that patronize his store.
That is why I considered it a business because the owner paid a license to operate the gambling firm. The owner also pays taxes. Those who play may not be considered a business for them. It serves as fun and relaxation for their troubled brain.
 

Alberello75

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A friend of mine actually owns a gambling betting shop which is his full-time business and he's making a very good money from the business from those that patronize his store.
I see, but forgive me, I kindly wanted to know about your friend who opened his betting center as a shop, how much did he have to pay as an initial investment, obviously inclusive of taxes?
Thank you
 

Niyi Briggs

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There is no way gambling can be considered a business. A business is not a money doubling venture like gambling is. It involves exchange of a value for money.
 

Bisolami

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There is no way gambling can be considered a business. A business is not a money doubling venture like gambling is. It involves exchange of a value for money.
Some people consider it as a business but it is one of the most risky business that people can ever engage themselves and so it is not even advisable to do it
 

Hate2Wait

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NO its not a business as there is no confirmation that you will earn so I don't think we should consider it as a business as its more like a fun thing
 

capri

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Provided that a person puts in the required many hours and perhaps money to learn the ropes of gambling, this activity could be deemed a business idea. After acquiring the skills, the individual would carry out his gambling activities profitably.
 

Abdul01

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Some people are lucky and win lots of money, while some will lose no matter how long they play. This makes it too risky, but can it still be considered a business idea?
Gambling can never be considered as a business to me , its just a game of chance or luck and also with risk attached to it . even if you win from gambling to day and stake even more, you may lose a lot from it.
 

Bisolami

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NO its not a business as there is no confirmation that you will earn so I don't think we should consider it as a business as its more like a fun thing
There is no sign that you are going to make money from this kind of business so I cannot see that a business because a business is something that you're sure of making profit from
 

fcbetting

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Also thinking about opening a betting agency, it's a pity that in Italy gambling is managed by the State Monopolies and it is necessary to pay them a license of € 200,000 !! Where you are, is it perhaps the same thing, I ask?
In Croatia you msut have deposit of minimum 400 000 euros for 50 sportbook shops. For bigger number deposit rice. If you will go online then minimum is again 400 000 euros.
 

Bisolami

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In Croatia you msut have deposit of minimum 400 000 euros for 50 sportbook shops. For bigger number deposit rice. If you will go online then minimum is again 400 000 euros.
That is a lot of money and it is not like that here. You can use a little amount of money to begin to gamble and you can even withdraw it on some platforms but not all
 

Semi

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Gambling can never be a business in any guise. It takes money from you and gives to the guys that own the gambling agency. It might be a past time hobby but it is never a business.
 

Hate2Wait

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There is no sign that you are going to make money from this kind of business so I cannot see that a business because a business is something that you're sure of making profit from
Still many people try to earn from gambling and even invest their last penny to be able to get rich but its impossible to expect stable income from this so better to stop gambling
 
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