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mrmincenttoday at 2:34 AM2 repliesview on HN

I used to work for a (now defunct) wagering operation. From my understanding even internally the marketing and business guys would’ve preferred the advertisements to be banned. It’s such an effective customer acquisition tool that the only way to compete is to spend insane amounts on marketing, because if you don’t, all of your competitors are and you’ll go bust. A ban would drastically level out the playing field and make things more sustainable.

The only ones that don’t want the ban are the ones selling the advertising slots. No way they’re giving up the gravy train.


Replies

aenistoday at 7:48 AM

And the 2nd level consequence of that levelling the playing field would be more competition, and fewer huge, powerful gambling companies. Fewer, huge companies have the money and skills to buy politicians (exhibit one: "prediction markets"). Banning ads would be a net positive for the addicts, and net negative for politicians, hence it won't happen in our current universe.

nswangotoday at 7:15 AM

Are you claiming that advertising doesn't increase the total gambling spend?

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