4 ms·

remember when gambling was illegal? and the idea of advertising gambling on television wasn't even something conceivable? and, even more so, the idea that spo

remember when gambling was illegal? and the idea of advertising gambling on television wasn't even something conceivable? and, even more so, the idea that sports entertainment channels would be directly involved in the operation of gambling of was just completely beyond comprehension? ahhh, the remote, halcyon, bygone days of 2018...

deadbabe 7mo ago
All those serving hard time in prison for sport gambling crimes should be pardoned.
- prpl 7mo ago
  It would be interesting to make that sort of thing generic. A law couldn’t legalize something without backporting the legalization.
- sandy_coyote 7mo ago
  Pete Rose: reprehensible pariah or radical pioneer?
- georgemcbay 7mo ago
  > All those serving hard time in prison for sport gambling crimes should be pardoned. That is certainly on the table... as long as they have a couple of million stashed away to put into World Liberty Financial and the charges are federal. The unwashed poors though... they are SOL.
skdhfkdjfhsjk 7mo ago
It was a quaint, simpler time. Now we are much more sophisticated and modern.
fasterik 7mo ago
Remember when alcohol was illegal? Ahh, the remote, halcyon, bygone days of the 1920s. How about we treat adults like they're adults and let them make their own choices?
- hgoel 7mo ago
  I guess you also think we need to stop policing drunk driving? Because the reasons for regulating gambling are similar.
  - fasterik 7mo ago
    That's quite a straw man. Drunk driving is and should be illegal because it puts the lives of others at risk. Alcohol is legal because it only puts the health of the drinker at risk. Generally in a free society we accept that adults should be free to make decisions that harm only themselves.
    - hgoel 7mo ago
      It's interesting to be arguing that gambling doesn't put others at risk in the comments to a post about a broad trend of collective harm associated with loosened controls on gambling. Do you think these people exist in a vacuum? On top of that, sports betting inevitably leads into match fixing, threatening of players etc.
      - fasterik 7mo ago
        I believe most of the negative impacts you're referring to are covered by existing laws concerning fraud and consumer protection. I'm in favor of making truly fraudulent and predatory behavior illegal. I don't see any evidence that the "collective harm" you mention from the article is anything other than individuals making bad financial decisions. I believe that I, as a responsible adult, should be allowed to gamble for entertainment if I want to, and my right to do that shouldn't be taken away because a small minority of the population has low impulse control.
        bpt3 7mo ago
        > I don't see any evidence that the "collective harm" you mention from the article is anything other than individuals making bad financial decisions. Legalized gambling establishments do very little besides extract money from visitors and project negative externalities into their surroundings. > I believe that I, as a responsible adult, should be allowed to gamble for entertainment if I want to, and my right to do that shouldn't be taken away because a small minority of the population has low impulse control. You can believe that, and be correct in theory. In practice, the "small minority" doesn't appear to be small enough under the current regulatory regime. It's no different than the regulation of controlled substances and other vices. Or do you have an issue with that as well, and feel you should have the right to consume as much heroin as you want?
dandanua 7mo ago
It increases GDP. Also, have you seen the Dow?
- JumpCrisscross 7mo ago
  > It increases GDP I want this rigorously studied. If it does, I’m more open to it. I don’t think it does. It’s a minuscule industry, macroeconomically spwaking, with massive negative externalities. I think regulating the marketing and conduct of industries proximate to addiction is something productive societies do. (On the other side of the spectrum we have the Qing.)
  - izacus 7mo ago
    It's obviously a tongue in cheek comment sir.
    - JumpCrisscross 7mo ago
      > It's obviously a tongue in cheek comment But it captures a truth. States see lotteries as a funding source. Kalshi and Polymarket are combined valued at the GDP of Iceland (or alternatively, 13 Greenlands). Casinos are run as a productive part of Nevada’s economy. Lotteries, too, on average, at least in some places. Our liquor and now cannabis industries are economic engines. It isn’t ridiculous to expect gambling apps to wind up in a similar place.
      - danny_codes 7mo ago
        Depends. I imagine the opportunity cost of alcohol and cannabis outweigh their benefits from lost productivity. So likely those industries merely give an illusion of positive economics
        cucumber3732842 7mo ago
        The economic windows are less broken when people smoke themselves stupid than they are when we send state violence after those people. This goes for most "bad" things. (State) violence is just that destructive to productivity. See also: prohibition.
Ferret7446 7mo ago
Humans have tried to ban gambling for as long as gambling existed, and gambling has existed for about as long as homo sapiens. Gambling still exists.
- notTooFarGone 7mo ago
  Ah yea and 1 billion $ or 100billion $ it's all the same
- recursivedoubts 7mo ago
  Humans have tried to ban murder for as long as murder existed, and murder has existed for about as long as homo sapiens. Murdering still exists.
  - Ferret7446 7mo ago
    What a strawman. Murder is done to other people. Gambling is something people do themselves consensually. Murder is banned and people universally condemn it. Gambling is banned and people have always been generally tolerant of it.
    - recursivedoubts 7mo ago
      > Gambling is something people do themselves consensually. Yes, as evidenced by the full court press advertising.
- blueboo 7mo ago
  For those who find this appealing: Fires still burn down houses so what’s the point of fire departments?
sghiassy 7mo ago
If you’ve seen Back to the Future 2, you would know we’re in this state because Biff got the Sports Almanac

deadbabe 7mo ago

All those serving hard time in prison for sport gambling crimes should be pardoned.

prpl 7mo ago
It would be interesting to make that sort of thing generic. A law couldn’t legalize something without backporting the legalization.
sandy_coyote 7mo ago
Pete Rose: reprehensible pariah or radical pioneer?
georgemcbay 7mo ago
> All those serving hard time in prison for sport gambling crimes should be pardoned. That is certainly on the table... as long as they have a couple of million stashed away to put into World Liberty Financial and the charges are federal. The unwashed poors though... they are SOL.

skdhfkdjfhsjk 7mo ago

It was a quaint, simpler time. Now we are much more sophisticated and modern.

fasterik 7mo ago

Remember when alcohol was illegal? Ahh, the remote, halcyon, bygone days of the 1920s. How about we treat adults like they're adults and let them make their own choices?

hgoel 7mo ago
I guess you also think we need to stop policing drunk driving? Because the reasons for regulating gambling are similar.
- fasterik 7mo ago
  That's quite a straw man. Drunk driving is and should be illegal because it puts the lives of others at risk. Alcohol is legal because it only puts the health of the drinker at risk. Generally in a free society we accept that adults should be free to make decisions that harm only themselves.
  - hgoel 7mo ago
    It's interesting to be arguing that gambling doesn't put others at risk in the comments to a post about a broad trend of collective harm associated with loosened controls on gambling. Do you think these people exist in a vacuum? On top of that, sports betting inevitably leads into match fixing, threatening of players etc.
    - fasterik 7mo ago
      I believe most of the negative impacts you're referring to are covered by existing laws concerning fraud and consumer protection. I'm in favor of making truly fraudulent and predatory behavior illegal. I don't see any evidence that the "collective harm" you mention from the article is anything other than individuals making bad financial decisions. I believe that I, as a responsible adult, should be allowed to gamble for entertainment if I want to, and my right to do that shouldn't be taken away because a small minority of the population has low impulse control.
      - bpt3 7mo ago
        > I don't see any evidence that the "collective harm" you mention from the article is anything other than individuals making bad financial decisions. Legalized gambling establishments do very little besides extract money from visitors and project negative externalities into their surroundings. > I believe that I, as a responsible adult, should be allowed to gamble for entertainment if I want to, and my right to do that shouldn't be taken away because a small minority of the population has low impulse control. You can believe that, and be correct in theory. In practice, the "small minority" doesn't appear to be small enough under the current regulatory regime. It's no different than the regulation of controlled substances and other vices. Or do you have an issue with that as well, and feel you should have the right to consume as much heroin as you want?

dandanua 7mo ago

It increases GDP. Also, have you seen the Dow?

JumpCrisscross 7mo ago
> It increases GDP I want this rigorously studied. If it does, I’m more open to it. I don’t think it does. It’s a minuscule industry, macroeconomically spwaking, with massive negative externalities. I think regulating the marketing and conduct of industries proximate to addiction is something productive societies do. (On the other side of the spectrum we have the Qing.)
- izacus 7mo ago
  It's obviously a tongue in cheek comment sir.
  - JumpCrisscross 7mo ago
    > It's obviously a tongue in cheek comment But it captures a truth. States see lotteries as a funding source. Kalshi and Polymarket are combined valued at the GDP of Iceland (or alternatively, 13 Greenlands). Casinos are run as a productive part of Nevada’s economy. Lotteries, too, on average, at least in some places. Our liquor and now cannabis industries are economic engines. It isn’t ridiculous to expect gambling apps to wind up in a similar place.
    - danny_codes 7mo ago
      Depends. I imagine the opportunity cost of alcohol and cannabis outweigh their benefits from lost productivity. So likely those industries merely give an illusion of positive economics
      - cucumber3732842 7mo ago
        The economic windows are less broken when people smoke themselves stupid than they are when we send state violence after those people. This goes for most "bad" things. (State) violence is just that destructive to productivity. See also: prohibition.

Ferret7446 7mo ago

Humans have tried to ban gambling for as long as gambling existed, and gambling has existed for about as long as homo sapiens. Gambling still exists.

notTooFarGone 7mo ago
Ah yea and 1 billion $ or 100billion $ it's all the same
recursivedoubts 7mo ago
Humans have tried to ban murder for as long as murder existed, and murder has existed for about as long as homo sapiens. Murdering still exists.
- Ferret7446 7mo ago
  What a strawman. Murder is done to other people. Gambling is something people do themselves consensually. Murder is banned and people universally condemn it. Gambling is banned and people have always been generally tolerant of it.
  - recursivedoubts 7mo ago
    > Gambling is something people do themselves consensually. Yes, as evidenced by the full court press advertising.
blueboo 7mo ago
For those who find this appealing: Fires still burn down houses so what’s the point of fire departments?

sghiassy 7mo ago

If you’ve seen Back to the Future 2, you would know we’re in this state because Biff got the Sports Almanac