Essay

According to the report, which demonstrates that the problems that are associated with gambling industry tends to affect only the small minority of people, however according to Prime Minister of UK believe that it is a very serious issue which needs to be properly regulated. The role of government is to make sure that gambling is safe and fair for all. gambling is a public private sector in which both the government and the industries have an interest for making sure that the industry is profitable at this same time it is also favorably regarded by the public. hence it is important to well regulate the industry. As the industry has the capacity to deliver the economy benefits not only to the government but to also those people who are in need. The government needs to come with an intervention which could lead to a well regulation that potentially reduces the harm of gambling specially through the means of education. besides that, the laws that have been formulated for gambling are 30 years old hence to make them more relevant and adequate for catering the modern technology and also for providing the customer satisfaction it is vital for the government to come up with more modernize regulations which have the capacity to respond flexibility to the future technologies as well as the market development. it is important for the government to analyze the advantages and disadvantages of their interventions.