Internet sweepstakes cafes are popping up all over the country. One of the highlights from the article below is a quote from someone making big money in the sweepstakes industry on his customer base: “Lower-income customers are coming in because they’re bad at math…It’s like the lottery. The lottery is a tax on people who are bad at math. They’re coming in to try and catch a big break.”
“New York City Launches Sweeping Investigation Into Polymarket and Kalshi” | The Wall Street Journal
By Kevin T. Dugan, Katherine Long “The New York City Council is investigating four prediction markets for alleged deceptive marketing