Thread

1. whatever1 · 1789584798 · focus · HN ↗

   All gambling should be state owned. It is a strict societal loss anyway, we can at least soften the overall blow.

   Losses can be redistributed and cover for the externalities of gambling. And we will be able to control the knob on how addictive we make them.

   For profit companies have the target to maximize their profit, so of course they will ramp up any method that can bring in more revenue.

   1. pfisch · 1789587508 · focus · HN ↗

      It should either be illegal or not. This idea that the state has a monopoly on getting money from doing a thing that you are saying is bad doesn't make sense.

      If it is bad and yet the government is allowed to use it to make money then is the government evil? Why does the government get to do it if we can't? It just makes the whole thing seem ridiculous and makes underground betting seem like I guess it isn't really that bad since the government is allowed to do it. The operators are just people fighting for their freedom to operate the same business the government operates.

      1. NikolaNovak · 1789588439 · focus · HN ↗

         I think of it is the level of regulation I'd require / desire in an endeavour.

         On one side there's things with very little regulation required, private companies go crazy (and they will!:).

         On the other hand, there's things I want high regulation on - use of violence (army / pokice / security), medicine, key infra utilities, alcohol/drugs/gambling, etc.

         We can discuss whether we agree those things need regulation, and if so, what form that regulation takes.

         (To me, some things I want so highly regulated there's no benefit in private ownership, just risk of runaway loop exploitation)

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