The popularity of online gambling, especially among young men, has addiction researchers worried in New York, where mobile sports betting has surpassed casino gambling as the primary reason for calls to the state’s helpline.
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.
I agree with most of what you’re saying, but I don’t think gambling should be illegal. That’s the tough thing.
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.