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Few industries receive as much negative press as the gambling industry. Media reports enjoy highlighting the industry’s downsides, but very little focus is ever placed on the massive positive effects that gambling can have on a community. Too Many Negative Side Effects to Online Gambling Too Many Negative Side Effects to Online Gambling Earl L. Grinols is distinguished professor of economics at Hankamer School of Business at Baylor University. Updated July 29, 2010, 3:28 PM Is Gambling a Sin? What Are the Effects of Gambling? - JW.ORG