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> and who is not profit-motivated and therefore will do less to encourage problem gambling, is better than the alternative in practice. When a government taxes
by r3trohack3r 4y ago
> and who is not profit-motivated and therefore will do less to encourage problem gambling, is better than the alternative in practice.
When a government taxes vice its now depending on those revenue streams. It creates an incentive system where the regulator for advancing social good is depending on tax income from the failure of regulating.
Illinois is doing this right now with their gambling industry. Those little gambling machines are in every restaurant and there are dedicated e-gambling buildings everywhere in Springfield. You see folks go in and dump their life savings into those machines. I know a restaurant owner who has customers park out back to hide their gambling from their spouse.
But gambling tax revenue is bailing out the failing state. At the end of the day, it seems like the government of Illinois is the true addict.
- cowpig 4y agoI just think it's ok for the government to run a lottery and not advertise it. Allowing gambling machines in restaurant is a whole different story. I think conflating the two is a slippery slope fallacy.