this post was submitted on 23 Dec 2024
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Canada
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I agree quite a bit with you, but the new 'legal' sports gambling is private (and really under-regulated).
The government has clearly failed to regulate sports gambling advertising enough.
I would guess that sports gambling companies only pay the corporate tax rate. If so, that is bullshit and there should be added tax on gambling profits. This can help fund treatment, research, and awareness-building about problematic gambling
That's why I said "almost all forms of gambling are regulated by governments".
Right on. I'm realizing that I think I've overestimated sport betting's current market share in the landscape of Canadian gambling, because 1) I'm into sports and 2) almost everyone seems to agree that sports betting ads too common. They're still still smaller than land-based casinos, government online gambling, lotteries, etc