There is a market for the gamblification of everything because there is no other widely accessible path for young people to build a future. A college degree is no longer a guaranteed path to a stable, well paying job. Building wealth through real estate is no longer viable.

With no clear options the only visible path to building a modicum of wealth is timing the next big crypto rugpull, hitting a 5 leg parlay, ripping a shiny charizard etc...

We can (and should) try and regulate away this kind of gambling but the underlying problem remains.

Unfortunately, the gambling industry is going to have a much wealthier and more powerful lobby than any effort to displace it.

Democracy doesn't exactly have a long history of stable states, and the US only been a liberal democracy for about 60 years. In that time we've done very little to hold politicians accountable. It's not clear there is a democratic fix outside of the theoretical realm. Nobody wants to kill the golden goose....

Only works with fair elections