“Sporting codes’ gambling revenue is not sacrosanct. A business model that relies on causing harm must end”

#GamblingIndustry money is no more sacrosanct than tobacco, alcohol or fossil fuel industry money. You decide what are your principles and live accordingly #GamblingIsForLosers

https://www.theguardian.com/commentisfree/2023/jun/29/sporting-codes-gambling-revenue-is-not-sacrosanct-a-business-model-that-relies-on-causing-harm-must-end?CMP=Share_iOSApp_Other

Best thing I’ve read in a while. A long form piece by Kit Chellel in @business on a gambler who beat roulette. #GamblingIndustry [gift link] https://www.bloomberg.com/features/2023-how-to-beat-roulette-gambler-figures-it-out/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTY4MDgxOTA3OCwiZXhwIjoxNjgxNDIzODc4LCJhcnRpY2xlSWQiOiJSU09EVVBUMVVNMFcwMSIsImJjb25uZWN0SWQiOiJGRkVDRkExRUVGREE0N0UzOTY0RTg2OUNFODlDRUZENSJ9._hbGSuH0EuW_Z-pi-FTBv0GJu3X5kFt1Iuc8CEg74WU

Best thing I’ve read in a while. A long form piece by Kit Chellel in Bloomberg on a gambler who beat roulette. #GamblingIndustry [gift link] https://www.bloomberg.com/features/2023-how-to-beat-roulette-gambler-figures-it-out/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTY4MDgxOTA3OCwiZXhwIjoxNjgxNDIzODc4LCJhcnRpY2xlSWQiOiJSU09EVVBUMVVNMFcwMSIsImJjb25uZWN0SWQiOiJGRkVDRkExRUVGREE0N0UzOTY0RTg2OUNFODlDRUZENSJ9._hbGSuH0EuW_Z-pi-FTBv0GJu3X5kFt1Iuc8CEg74WU

Another 🤯🤯🤯thread on the horrors of unfettered #capitalism including but not limited to #EffectiveAltruism #Healthcare #USUniversities and #collegeSports as a #GamblingIndustry opportunity from @pluralistic
Honestly, if you're on #mastodon you're probably following already but horrifying doesn't even cover it . ..

https://mamot.fr/@pluralistic/109382080111563292

Another 🤯🤯🤯thread on the horrors of unfettered #capitalism including but not limited to #EffectiveAltruism #Healthcare #USUniverditoes and #collegeSports as a #GamblingIndustry opportunity from @pluralistic
Honestly, if you're on #mastodon you're probably following already but horrifying doesn't even cover it . ..

https://mamot.fr/@pluralistic/109382080111563292

#BuyNowPayLater has so much in common with #GigEconomy and #GamblingIndustry - at best, exploitation of the poor and massive profits for bosses; at worst, financial ruin of the vulnerable and the guilty have immunity from prosecution.
Another case where government legislation and independent oversight is needed to ensure fairness and equity. Veneration of profiteers and criminals is not an acceptable substitute.
https://www.abc.net.au/news/2022-11-21/buy-now-pay-later-new-laws-regulation-consumers-financial-abuse/101676286