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izacusyesterday at 8:47 PM2 repliesview on HN

It's obviously a tongue in cheek comment sir.


Replies

JumpCrisscrossyesterday at 8:53 PM

> It's obviously a tongue in cheek comment

But it captures a truth. States see lotteries as a funding source. Kalshi and Polymarket are combined valued at the GDP of Iceland (or alternatively, 13 Greenlands).

Casinos are run as a productive part of Nevada’s economy. Lotteries, too, on average, at least in some places. Our liquor and now cannabis industries are economic engines. It isn’t ridiculous to expect gambling apps to wind up in a similar place.

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Dylan16807yesterday at 11:52 PM

It's obviously a joke, but joking that a bad thing is actually good because of some surface-level benefit does raise the question of whether it even has that surface-level benefit.