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Author Topic: Can gambling be taken as a family business?  (Read 614 times)

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Re: Can gambling be taken as a family business?
« Reply #15 on: January 15, 2025, 10:42:16 PM »
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
some family can pass it to other generation as the case maybe,but am not in support of that,normally we preach against addiction in gambling,so passing it on to the next generation is big sign off addiction,so for my own opinion it can be accepted as a family business.
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Re: Can gambling be taken as a family business?
« Reply #15 on: January 15, 2025, 10:42:16 PM »

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Re: Can gambling be taken as a family business?
« Reply #16 on: January 15, 2025, 10:55:37 PM »
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.

Yes, its possible. Many casinos, online and offline, are run by families, so its possible that the children can inherit the business. Like all businesses, casinos are highly competitive, so the head of the family should make sure that the children who will inherit the business have what it takes to be run; they have to teach the ins and outs of the business at a young age when they are capable of understanding what gambling is, because unlike other businesses, gambling can only be thought of when they are of age.
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Re: Can gambling be taken as a family business?
« Reply #16 on: January 15, 2025, 10:55:37 PM »

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Re: Can gambling be taken as a family business?
« Reply #17 on: January 16, 2025, 11:41:27 PM »
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
This can only be possible if they are casino operation or betting site owners then it can be as a family business were they can passed to the  next generation to manage, but yet I don't think this is possible because in a business when the rightful owner is no longer existing it is very difficult for them manage it without the rightful owner. So, gambling can never be seen as a family business.

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Re: Can gambling be taken as a family business?
« Reply #18 on: January 16, 2025, 11:57:35 PM »
So I was wondering if gambling can be a family business passed from one generation to another.
If a family has a casino, it can be considered a family business from one generation to another. You may be surprised that the family that owns this casino does not even have gamblers, and they only have a casino as a business.
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Re: Can gambling be taken as a family business?
« Reply #19 on: January 17, 2025, 05:43:13 AM »
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism.
this passing of business to the next generation does not seem out of willingness but instead something that is enforced upon their children and it doesnt matter whether they want it or not
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So I was wondering if gambling can be a family business passed from one generation to another.
gambling as an activity is not considered a business at least for me but if you are talking about having casinos and hotels and such then obviously that will be passed on to generations since that certainly can be that family's empire and main source of income

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Re: Can gambling be taken as a family business?
« Reply #20 on: January 17, 2025, 03:47:22 PM »
But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret.
This is very bad. Gambling should not be taken as a business because you can not win the house after a long time gambling. Such people will be losing and may likely be in dept.

I agree with you, gambling is not sustainable. It will be delusional for a family to see gambling as a family business. They will not only be in debt, they will also live like criminals

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Re: Can gambling be taken as a family business?
« Reply #21 on: January 17, 2025, 04:36:55 PM »
But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret.
This is very bad. Gambling should not be taken as a business because you can not win the house after a long time gambling. Such people will be losing and may likely be in dept.

I agree with you, gambling is not sustainable. It will be delusional for a family to see gambling as a family business. They will not only be in debt, they will also live like criminals

Gambling being a business is just their way of looking at it.

The more they think gambling is their business then they will be doing it.  They know it's not a sustainable business. Somehow when one family member is hooks to it, a few members are also jumping into it because the discussion on the table is about gambling.



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Re: Can gambling be taken as a family business?
« Reply #21 on: January 17, 2025, 04:36:55 PM »


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Re: Can gambling be taken as a family business?
« Reply #22 on: January 17, 2025, 10:25:18 PM »
Gambling can be fun activity, but it is not a must to pass on to the next generation. I even have no intention to pass gambling habit to my children. I never tell my children about any gambling activity. I hope they can get a better activity, the children aren't a must to be gamblers as well. It is quite surprising that you consider gambling as family business, I just can't imagine if most of family members get addiction. This will be a disaster because all of family members need a help, and no one reminds others to stop when they get addiction.

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