Here is another exercise in calibration and differentiation. Some people will be labelled as "financially vulnerable" and be restricted from visiting the casino. Others will not be restricted. All in the interest of looking after their welfare. Back to the nanny state.
http://www.todayonline.com/Singapore/EDC120707-0000095/Problem-gambling-safeguards-may-target-up-to-6,000-Sporeans
My preference is to pass a law to disallow gambling debts. If the casino or loan shark gives a loan for gambling or to pay off gambling debt, the loan will be illegal and will not be enforceable. If you cut off this source of funding, the gambling problem will be reduced considerably.
It is all right to gamble with money that one can afford to lose. But one should not gamble on borrowed money. This also apply to speculating in the stock market or, to use a nice term, "investing" in the stock market.
http://www.todayonline.com/Singapore/EDC120707-0000095/Problem-gambling-safeguards-may-target-up-to-6,000-Sporeans
My preference is to pass a law to disallow gambling debts. If the casino or loan shark gives a loan for gambling or to pay off gambling debt, the loan will be illegal and will not be enforceable. If you cut off this source of funding, the gambling problem will be reduced considerably.
It is all right to gamble with money that one can afford to lose. But one should not gamble on borrowed money. This also apply to speculating in the stock market or, to use a nice term, "investing" in the stock market.
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