Comment on Experts warn mobile sports betting could be gateway to gambling crisis for young men in New York
themoken@startrek.website 9 months ago
Sports gambling is just terrible for everyone except the bloodsuckers that run it. Sports teams don’t want it because it incentivizes cheating / rigging games. Personal bankruptcy and domestic abuse skyrocket when people lose money they can’t afford to lose. Now the apps feed an unstable addiction literally all day long.
Thanks to the Supreme Court for pulling a bullshit ruling out of their collective asses in 2018 that makes everything worse for average Americans.
Shit, I don’t even gamble and I’m just sick of their logos and ads all over every thing when I watch a game. Used to be they had “Gambling Prohibited” up around the stadium, now they may as well own the teams.
Sports teams don’t want it because it incentivizes cheating / rigging games.
this isn’t true generally speaking. some individuals may speak out against sports betting, but in the aggregate the players and leagues are happy to take the revenue it generates. If they really took issue with it they could address it in their collective bargaining agreements, but it has never been a contentious issue as far as i know.
The difference is that black market gambling is distributed. It means that there are fewer protections for people who engage in it.
But legalization just means most of the action is controlled by a handful of corporations, and the government is involved in protecting the flow of money, of which they get a cut.
agreed, the overall point is that sports leagues definitely do want sports betting. more engagement, more ad sales, and they can even get in on the action directly.
“regulated” doing a lot of heavy lifting
Lizardking13@lemmy.world 9 months ago
I agree with most of what you’re saying, but I don’t think gambling should be illegal. That’s the tough thing.
ICastFist@programming.dev 9 months ago
If you make it illegal, they’ll just run back to a tax haven like so many are already doing, but at least people will be less likely to find them. If you tax them to hell, they’ll also run to a tax haven and do money laundering+tax evasion. Gambling companies are lose-lose-win for people-govts-themselves.