"Museum industry"?
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Maybe that's the reason why education is being defunded
It's all part of getting every last penny out of us before we die. If you've still got some disposable income left after paying rent and student loans, then here's a fun way to throw it away!
Lately I've been seeing Matthew Broderick advertising a new gambling app with Candy Crush type games, instead of sports or Vegas style games, so it will be much more attractive to people who already play games on their phones. Worse, they are aiming at middle-aged women, but not just any middle-aged women, they are looking for those who are unfulfilled in life.
I've seen three different commercials, and all of them feature a woman whose family is ignoring her, and making her feel bad. Then Ferris Beuhler sidles up with this fun new game, and now she's getting fat hits of dopamine, and she's happy.
Many women handle the household finances, and in a couple of years, we're going to see stories of Moms who lost the family home, gambling on her phone.
Lately I’ve been seeing Matthew Broderick advertising a new gambling app with Candy Crush type games, instead of sports or Vegas style games
It can only mean he has money problems.
Maybe he hit someone else with his car
That in no way excuses being a shill
Either way a has-been find themselves clawing up the wall.
Just fulfilling his fiduciary duty to his family, scummily.
Does the stock market count as gambling? 😂
Michael Burry invested more on gambling stocks and now I can see why.
For this article? No. For people with retirement accounts? Arguably no.
For people trading daily with an app on their phone? Yes.
It's a tax on people who can't do math.
Gambling addiction is an illness.
So is measles.
One you can prevent taking a vaccine. Other you can prevent not gambling.
Happy to say I contributed zero to that, but jesus fuck regardless.
Yeah I've never even bought a lottery ticket, no interest whatsoever.
I wonder what this figure is like not including the whales throwing around six figure paychecks. hard to spend 10k on a single book or movie ticket or song, ya know...
Apparently a lot of people (particularly younger generations) are increasingly getting hooked on gambling and are even psy-op’d enough to consider it as a part of their retirement strategy

Not entirely surprised, but surprised it is that high.
When I went there 10 years ago I met people in Vegas who go there every year as their main holiday with a few thousand euro budget to gamble.
I'm not pro-gambling but I think Vegas vacations are valid - they're special occasions where you get a thrill for your money. What's the difference between a $2000 cruise and a $2000 weekend in Vegas? Both are a waste to me but I see the appeal.
But this is different...it's very much NOT about Vegas (which is struggling), it's the apps. "Sports betting" aka gambling was legalized in 2018.
DraftKings and the rest have been fighting regulations since like...2012? And they won. Which is why there's gambling ads everywhere with very little regulation. It's why polymarket and kalshi exist.
Regulate these internet gambling companies back to the 2000s and the problem mostly goes away.
While I wholeheartedly agree with your statement about the app/site/sports betting, I don't wholly agree with the travelling comparison.
Travelling and visiting places tend to open your horizons and enrich you culturally. It's not easily generalized. Travelling to Disneyland probably won't really broaden your horizons or teach you something culturally and neither will idly sitting on a cruise ship.
You are correct that the article is more about sports betting rather than casinos like in vegas. I merely meant that given what I experienced there, I'm not surprised the gambling in apps and sports is getting out of control. That's on me though :)
Maybe I am against things like the Vegas vacations because I have such a large distaste for gambling in general. ( Loot box 'surprise' mechanics also do not help ).
I used cruises as an example because I don't really consider that "traveling" for the most part. You're on a floating box shuffling between touristy ports.
Very much not my idea of a good trip but some people LOVE that. I'd rather spend a week somewhere to soak it all in
Okay, yeah sure. That looks bad. But how much did those Americans win back?
Handle is gross throughput, not consumer expenditure: over 90% of what is wagered gets returned to bettors in the form of winnings. That $1,000 in bets translates to roughly $100 in average losses per adult.
The market is big, but less than the more clickbaity headline would suggest.
over 90% of what is wagered gets returned to bettors in the form of winnings
As someone who has gambled once or twice, this seems like a wild overestimate.
They didn’t say it returned to the same individual. Some people get the ocasional win and stop, others keep gambling the winnings until they lose it all.
This is a bit misleading in my opinion... 90% of the money is returned to the bettors per article.
Which is actually more than I expected and a pleasant surprise to me. I'm glad the USA is no longer imprisoning/fining gamblers, it's a sin. Haha get it
Its also really not as insane as it sounds because it will also include all the state lotteries.
166 billion divided by roughly 300 million Americans puts it at about $500 a year. So if you buy a $10 ticket every week you are hitting the national average.
The insane amount, is that per capita, America is only second.
The graph of all countries average spending per capita on gambling is nice and straight, with America second at about $450 per capita. Then it jumps to the no.1, who spends $2400 per capita on gambling.
Australia
That does surprise me, I thought it would be one of those tiny tax haven countries.
500 a year on gambling is quite a lot. Though also not a crippling amount. If you really enjoy it then whatever, go throw away your money.
I spend money on arguably stupid things too. Got 5 games on GOG for £55 the other day.
House takes 10%.
Well losers lose and the winners win, with the house taking a cut from the middle.
Insane but unsurprising with how bad betting advertising is and prediction market scams.
How much did the museum industry spend on gambling?
Less than Americans did.
with the intellectual level they have displayed in the last few years, this is no surprise
Woof, that's depressing
"So you should buy me more books"
-- my wife
My vices are many but thank god gambling isn't among them.
I can make a gallon of mead for the cost of the minimum bet on a single horse race.