20 Feb '12, 9am

Can gambling be sustainable?

Can gambling be sustainable?

Anna Simpson weighs up the odds of responsible practice in the betting industry. "To err is human. So is to gamble", writes John Adams, Emeritus Professor at University College London , in his influential book, 'Risk'. Very few of us like to lose, he argues, but many do like to gamble. We've all felt the thrill of different possible outcomes as the dice roll across the table, or the ball nears the goalposts. The more we care about the result, of course, the greater the thrill – and for some, putting money on it is a simple way to feel more involved in the game. We're talking big money. Globally, this is a €260 billion industry But at what cost? For those who casually pick up a lottery ticket or pop into the betting shop before 'Match of the Day', the answer is, relatively little. They risk what they can afford to lose, and feel that the chance of winning is worth the hole ...

Full article: http://www.forumforthefuture.org/greenfutures/articles/ca...

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