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squall571 t1_j2yztk9 wrote

You know a society is in decline when more Casinos are popping up

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co_matic t1_j2z969n wrote

Also the fact that sports betting is suddenly A-OK and encouraged everywhere.

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CactusBoyScout t1_j30cjf0 wrote

That was part of a major lobbying effort that the NYTimes just wrote a big investigative piece on.

> Four years ago, betting on live sports was illegal in most of the United States. Now, fans watching games or attending them at stadiums are barraged with advertisements encouraging them to bet on matchups, not just watch as spectators.

> This transformation in sports betting started nearly a decade ago, at first with the explosion of wagering on fantasy sports. Then in 2018, the Supreme Court cleared the way for states to legalize wagers on live games. Today, 31 states and Washington, D.C., permit sports gambling either online or in person, and five more states have passed laws that will allow such betting in the future. Professional sports in the U.S. now are part of a multibillion-dollar corporate gambling enterprise.

https://www.nytimes.com/2022/11/21/briefing/gambling-sports-betting.html?smid=nytcore-ios-share&referringSource=articleShare

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femaiden t1_j2zhkdu wrote

Can't watch TV without getting sportbetting rammed down your throat. Wild

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drpvn t1_j310mdq wrote

Half of my son’s high school friends are basically gambling addicts.

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TonyzTone t1_j30ri0m wrote

We started banning this shit back when the only recreation available to most folks was books, rolling a wheel down a hill, and if you had some money maybe the one play your town had.

Casinos and other gambling halls were the form of entertainment but they also sapped your money since they were addicting.

Nowadays, we have other options that should hopefully distract you just enough to prevent you from spending your rent payment on dice.

Then again, we have things like Candy Crush and EA games sapping our dollars in much of the same way that slots and pinball used to do 100 years ago.

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ctindel t1_j35lkn1 wrote

I just read the book “Straight Flush” and find it so infuriating how the government tries to stop adults from gambling. Like any drug just fucking legalize it and regulate it. As if sports betting is somehow worse than playing the mega millions run and sanctioned by the state.

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Barebacking_Bernanke t1_j2zrvyz wrote

Gambling is a tax on the poor. The addictions they encourage hit the poor the hardest and society will be paying the price for it in perpetuity. In a place like Singapore, they don't even allow locals to play at their casino because they know the toll it extracts on society, so only tourists are allowed.

Somehow, society destroying parasites like casinos are invited into this state and city, while local politicians fought tooth and nail against an Amazon HQ in Queens. This is such a backwards ass system we have. Owning Jeff Bezos on Twitter was more important than protecting the people from the pestilence of addiction, poverty, and crime that follows every casino that has ever been built in America.

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CactusBoyScout t1_j30d6tz wrote

Why is this paternalistic logic okay when it’s about gambling? If you made the same argument about alcohol’s impacts on society as a justification for banning it, you’d rightly be laughed at.

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drpvn t1_j310q0z wrote

It’s true, for starters.

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CactusBoyScout t1_j312tg9 wrote

It’s true for alcohol too.

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drpvn t1_j31u2kz wrote

Good point. I guess we always had to legalize gambling so we weren’t hypocritical about alcohol. Don’t want to be paternalistic!

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SachaCuy t1_j33rsr8 wrote

Both gambling and alcohol prey on addictions. It is not necessarily paternalistic to say that both can cause poverty. We tried banning alcohol once and the consequences were deemed worse than not banning it.

In this case we are legalizing gambling because the state wants a piece of the action. As far as I can tell illegal gambling has been doing just fine in NYC with massive crime attached to it but the state wants their money too because apparently a 200b budget per year isn't enough.

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CactusBoyScout t1_j33s5de wrote

Right so both should be legal to take money away from organized crime?

You’re never going to find a perfect solution to these societal problems but I think the Prohibition example shows that handing over an entire industry to organized crime is the worse option.

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SachaCuy t1_j33vlhh wrote

I am ok with organized crime making money from gambling.

We all got to make a living.

Alcohol no. That became too disorganized. Weed we will see how this new experiment goes.

Don't forget the state taxes you on your winnings and you can't write off your losers. Not only is it negative expected value (which is fine) but the winnings are taxed.

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ctindel t1_j35m0xi wrote

You can write off losses up to the value of your winnings.

Letting organized crime make money on anything is fucking stupid for society. Regulate and tax, make sure the gambling is fair and properly run and money isn’t laundered.

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SachaCuy t1_j397gdd wrote

I think you should be able to write off losses vs other risk assets (i.e. stocks) but that's just me.

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ctindel t1_j398a8p wrote

Absolutely. But the tax code isn't written to help normal people, just businesses.

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NKR1978 t1_j31pk7b wrote

Stop infantilizing adults.

We must protect the poor from themselves. They’re just too stupid to know what’s best for them. That’s what your argument sounds like.

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CensorshipIsTheDevil t1_j31tvk2 wrote

Not what it sounds like, it is what it is. "I know the impacts on your life better than you, so you shouldn't be allowed to do it."

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ctindel t1_j35ltsq wrote

> society destroying parasites like casinos

Society runs gambling programs we just call it a lottery. Reminds me I gotta get my megamillions ticket

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[deleted] t1_j31prqq wrote

[deleted]

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drpvn t1_j31v538 wrote

More people gamble the more widely available gambling is.

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[deleted] t1_j31y0s9 wrote

[deleted]

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drpvn t1_j31z2xw wrote

Gambling can still have a deleterious effect on the poor overall even if not everyone who gambles doesn’t become an addict.

My only point is that “people will do thing X regardless” isn’t a good response here.

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[deleted] t1_j31zvbw wrote

[deleted]

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drpvn t1_j3209lz wrote

It’s certainly true that at some point, the horses are out of the barn.

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shant_jan t1_j2zdok6 wrote

yup. also a big "nothing to see here" as gambling rolls across a state famous for insider corruption

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joyousRock t1_j33o6at wrote

"Senator, you can have my answer now, if you like. My offer is this: nothing. Not even the fee for the gaming license, which I would appreciate if you would put up personally."

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NKR1978 t1_j2zepdq wrote

Casinos are fun and harmless to 99% of the people who go. Why should New York continue to lose money to Connecticut and New Jersey?

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Darrackodrama t1_j2zn6v7 wrote

Casinos are symptoms of problems despite them being harmless

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Pool_Shark t1_j30fgck wrote

What problem is that ?

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DadBodofanAmerican t1_j33l6cq wrote

societal decay.

It's a lack of education because people think they're gonna win. A lack of activities because people don't have anything else to do but go and lose money amidst faux luxury and flashing lights. And the casinos market hard towards the exact sort of poor, uneducated people who can't afford to go there.

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joyousRock t1_j33ofnn wrote

I used to think I could win and then I started looking around the casino wondering how they could afford to run this place....

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saltycookies420 t1_j31yt57 wrote

Government wants their cut.

Crypto making money? Better get involved. Online casinos moving billions? Get involved.

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redditorium t1_j2zmj3o wrote

Please have a real poker room.

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jaynyc1122 t1_j30igs2 wrote

It doesn’t feel very likely… poker usually doesn’t generate much $ for a casino compared other table games—unless you charge absurd rake

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ctindel t1_j35mab1 wrote

Foxwoods has a giant poker room I guess that’s just a nonprofit part of their games.

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Darth_JarJar300 t1_j38h7wu wrote

It's an attraction to get people in the door and playing their more lucrative games.

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ctindel t1_j38rm2e wrote

Poker rooms are highly profitable even with a fair structure like 5% rake $5 max.

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jaynyc1122 t1_j3asbi9 wrote

You must not have very good reading comprehension. Nobody said that poker isn’t profitable. I said that it doesn’t generate as much revenue compared to other games.

Foxwoods is not in a central location. It needs ways to market and attract people from the city. The only legal casino in Manhattan will not need to do that. There’s a reason why poker rooms are almost always in the back of a casino.

Now, the 5/10 game at my previous casino charged $7/0.5hr per person in timed rake. At a full ring that’d be $126/hr. The 1/3 and 2/5 games charged 10% capped at $5 but obviously made less than $126/hr on average. A game like roulette can usually generate much more than that.

At the end of the day, I don’t know whether they’ll have a poker room or not—they very well might. But if I were to bet, I’d wager that there won’t be one. Space is a commodity in this city. Why use valuable space for less profitable games when you don’t need to… unless they charge absurd rake, in which case, it won’t be worth it to even play.

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SnacksBooksNaps t1_j30lkcv wrote

I would love to be able to play some real blackjack at an NYC casino. Resort and Empire have those horrible video machines. :(

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IRequirePants t1_j30inhg wrote

If you think about it, isn't a slot machine just poker with a lever?

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banehardens t1_j30jlsu wrote

Completely different. Poker tables require a human dealer and the money for the casino is a small (~$5) amount taken from every hand which takes minutes to unfold.

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chellygel t1_j304j1o wrote

Mets Casino here we come

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SometimesDoug t1_j30fakg wrote

As someone that doesn't like gambling - gimme your tax moneyyyyy

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michael_p t1_j305o3m wrote

Table games?! Hopefully that means Live Dealers and not the nonsense slots casinos we have now! Live dealers is not only more fun for the players - it’s countless jobs!

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derekjeter3 t1_j30hpcy wrote

Lots of jobs I would honestly love to be a blackjack dealer seems fun

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michael_p t1_j30i8h9 wrote

I love me some good Craps dealers!! I have to go to CT, NJ or PA to play with live dealers. Those states get my tax and tourist rev that we could have right here in nyc.

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CensorshipIsTheDevil t1_j31u22h wrote

That would be a boring job I think. Can't move much, stand at a table and hand out cards when you have people there. Take a bunch of people's money, and hope you can make some tips in the meantime. I think the money is OK, but the work sucks.

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TheBurrprint3D t1_j32h9ch wrote

Being a craps dealer seems kinda fun, at least in my experience. They make a lot of tips if the table is hot

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CensorshipIsTheDevil t1_j336nwi wrote

Yeah, but I think a lot of the time other than the few hours it is busy, you just stand around a table a lot. Could be great some days, and boring as shit on others.

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NKR1978 t1_j328kq7 wrote

It would be a fun job to retire to. I've struck up some nice conversations with dealers over the years. I love hearing their stories.

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CensorshipIsTheDevil t1_j32cgq3 wrote

Yeah, in some ways. Low barrier to entry. I would imagine that the good stories are close with their bad stories though. They have to see some shit and endure some shit as well from drunks and abusive customers. Not for me, but I could see it not being the absolute worst job around.

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hangrywich t1_j2zrwy3 wrote

It’s a milly just to APPLY?!

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NYHere1 t1_j34c1le wrote

NYC doesn't need this, but hey anything for revenue considering the state of the city currently..😢💸💸

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