The costs of addicted gamblers: Should the states initiate mega-lawsuits similar to the tobacco cases?

Abstract

Owing to costs created by new addicted gamblers, bankruptcies, and crime once gambling is legalized, some have argued that gambling establishments should be held liable for the costs they place on society. Legal experts have suggested that there might be a lot of money made by suing the entities that get people addicted to gambling. This trend is evidenced by the tobacco mega-lawsuits that have reached into the billions of dollars. Upon close inspection, there are many parallels in the behavior of the tobacco industry vis-a-vis the gambling industry.

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