‘Gambling should never be glorified’
IN THE December 19 issue, Mo Chaudry defends the Coates family against those criticising it because its gambling firm has been making phenomenal sums of money.
He portrays bet365 as benefiting the nation in general and Staffordshire in particular.
Its 4,000 employees and generous donations to charities are mentioned.
Its wealth ‘cascades through the community.’
Let us consider this more closely. Where is this money coming from? Who is filling this horn of plenty? The punters.
The benefit to the community is dwarfed by the sums put in by the credulous and optimistic.
The expenses of the industry-fat salaries, glitzy buildings and largescale advertising must be heavy. Gambling is essentially a parasitical industry and those involved in it are doing non-jobs.
Many punters cannot afford to gamble and a good few end up in debt. A look at any paper shows this can lead to crime.
People cling to fantasies that their luck will turn and they will win fortunes. They would do better to adapt to the real world.
We might have to tolerate gambling but we should not glorify it.
Margaret Brown Name and address supplied