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I think a more compelling argument is damages exceed the profit even if they don’t exceed the gross revenue. It’s one of those things where yes people are fork
by Retric 2y ago
I think a more compelling argument is damages exceed the profit even if they don’t exceed the gross revenue.
It’s one of those things where yes people are forking over 14 billion per year, but that’s because they have 14 billion which would otherwise be spent on something else. Even just VAT on 14 billion gets close to the total tax revenue from UK gambling especially when you include other economic losses.
So where’s the benefit?