[afinlayson]

Didn't we learn our lesson in SimCity? Crime went up when you added a casino.. but governments gained a little tax revenue... We seem to get the crime (see insider trading) but no tax revenue... Maybe I'm just showing my age...

[LanceH]

You have to complete the cycle to make sense.

gambling happens, tax comes in, crime goes up, police get hired, politicians get the police vote

[stetrain]

They've discovered that it's more efficient if the money flows directly from the private enterprise to the politicians without going through tax revenue.

[toephu2]

U.S. citizens still need to pay taxes on their winnings.

Kalshi and Polymarket require you to provide your SSN.