Social and economic costs of legalized gambling, and the difficulty of its regulation are the subjects of this Southern Illinois University Law Review article by John Warren Kindt. The evidence shows that gambling causes addiction, bankruptcy, crime, and corruption in its surrounding communities. All of the social costs associated with those problems can add up, and there is shockingly little pressure on government or the predatory gambling business to do better.
“They Looked Like They Were Getting Rich on Polymarket— but None of It Was Real” | Wall Street Journal
By Katherine Long, Caitlin Ostroff, Neil Mehta and Brenna T. Smith “The prediction market has flooded social media with deceptive