I'm sympathetic to your point, but at some point other people ruining themselves degrades your experience as well.
I don't gamble and in theory don't care if others do. But prediction markets are affecting sports and possibly governance as well in obviously negative ways.
For this specific issue - the more functionally illiterate, zero-attention-span humans we create, the worse all of our lives will become.
there have always been losers, junkies and assholes. i'd rather have some of them but an entire society of adults brainwashed into wearing mental diapers.