The biggest effect the casinos have on Singapore is undoubtedly its economic effects. The prime reasons for the building of these casinos were intended as a source of income as well as to create more jobs for the economy. However, these effects are not 100% pro, there are its flipsides.
Let me start with the positive factors first. These casinos are going to be a good source of income for the economy. The opening of the casinos here would attract more tourists to Singapore. This would help to boost the tourism industry. The casinos would also be a source of income for Singapore's economy. This could help boost the economy and spur more growth. The creation of jobs would also benefit the population.
Now to the negative factors. Though this would boost the economy, there are certain drawbacks. People could become addicted to gambling and hence incur huge losses from it. This would drive them into debt and perhaps even crime. They would use up their hard-earned savings on gambling. This could lead to problems with their family members and also have a great effect on their jobs.
In conclusion, considering the economic gains and social problems that the casinos would bring, my judgement on the casinos is that they have both pros and cons. I think that the casinos would be a good thing for Singapore if people can control themselves and gamble in moderation. Despite the social problems, these casinos would greatly benefit Singapore economically.
