When riverboat gambling came to Iowa in 1991, limits were placed on the amount of money people could lose and gambling could only take place when boats were cruising along the river. By 1994, these betting ceilings had been removed, cruising requirements were relaxed, and land-based slot machine locations were legalized. Why is this important? Because it highlights that the predatory gambling industry constantly pushes past initial limits to expand its reach into citizens’ wallets.
“Stock market casino: the rising stakes of ‘gamified’ investing” | Financial Times
November 10, 2026
By Stephanie Stacey As investment sites and prediction markets merge, investors are more vulnerable than ever. Retail trading platforms like