It is identified to be one minus expected value of gamble. A Search of the Globe Carl Tretner on Where in the World to Invest? Technological progress, social trends, globalization and especially the recent and still ongoing economic crisis are at the source economica both lands based and online gambling rehabilitation. It identifies that gambling exist in both a legal and illegal form. Gamblers don't like paying tax.Against a background of extraordinary growth in the popularity of betting and gaming across many countries of the world. Since this is still a relatively young area in economic research, with only a handful of individuals focusing on gambling, there is still very little empirical evidence on the economics of gambling. Economics of Gambling. Autor: Nicolas • March 17, • Research Paper • 2, Words (10 Pages) • Views. 4. Issues. a. Gambling as Economic Regenerator? b. Social Costs.