Should the government allow the two lottery operators to offer online betting?
In about 1000 words, write a persuasive argumentative essay defending your position in order to argue for your particular stance on this issue. Other than providing supporting arguments for the position you take on this issue, you MUSTanticipate objections and provide counterarguments to write the paper.
Word Count / Required:
1048 / 1000 (Parts of the essay is removed from the preview)
As this is an argumentative essay, you will have to provide two sides of the argument and ultimately pick on a particular stance. Take note that you should always provide an introduction and conclusion for any essays. You can see in the preview that the introduction is about 8-12% of the total essay word length which is ideal.
A standard 1,000 word essay like this usually will contain about 6-10 references.
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The issue of the legalisation of online betting has recently been the subject of much intense debate in Singapore (“Resolving Online Betting,” 2016). The problem is further complicated by the vast range of arguments that either support or oppose legalisation of online betting. From the perspective of economics, some parties state that legalisation is agreeable due to the lucrative nature of the industry (Griffiths & Barnes, 2007). Conversely, others argue against legalisation, highlighting the tendency of online betting to promote problem gambling (Griffiths, 2003). This paper is a persuasive argumentative essay that addresses the following question: Should the Singaporean government allow two lottery operators, namely Singapore Pools and Turf Club, to offer online betting? Specifically, the position that argues in favour of allowing the two lottery operators to offer online betting is defended herein.
Definition of Online Betting
Online betting, which is otherwise known as online or Internet gambling, is a term that is used to describe any betting activities that take place on the Internet (Woolley, 2003). The term encompasses numerous types of betting, such as poker, casinos, sports betting, horse racing betting, and lotteries (Griffiths, 2003). This migration of betting to the world wide web means that users all around the world have unlimited, convenient, and 24-hours-a-day access to a great amount of gambling websites (Griffiths & Barnes, 2007). Such unlimited access provides online gamblers with the opportunity to shorten their gambling intervals, take part in events more frequently, gain instant reinforcement, and forget their losses by gambling again straight away (Griffiths, 2003; Griffiths & Barnes, 2007).
Arguments Supporting Legalisation of Online Betting
Firstly, there are those who insist that online betting should be legalised because of the large amount of profits that would result from such a decision. In 2011, the revenues earned from the global online betting market were estimated to be worth US$30 billion, a large amount of money that could be collected every year (Stewart, 2011). In addition, it was found that millions of people spend approximately US$4 billion per year to engage in online gambling (Stewart, 2011). However, such revenues can only be captured if the online betting industry is legalised. By choosing to legalise the online betting industry, a country gains the capacity to exclude any unlicensed operators. This exclusion of unlicensed operators is crucial for the creation of a successful online gambling industry, as the government would not be able to regulate or profit from the activities of such entities (Stewart, 2011). … Parts taken off.