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A comment on Woman earning $750 a week gambles $3.7M. Parent comment

Re:Woman earning $750 a week gambles $3.7M by lupire on Tuesday April 06, 2021 @08:27PM (#26719077)
Make gambling losses refundable unless the bettor posts a bond in advance. Only allow one purchase of chips per day. This prevents bleeding people drip by drip, while still allowing gambling.

Mandate that all chips display actual cash value.

Require signed disclosures with big warnings about the risks and costs of gambling, every time chips are purchased, like required on mortgages.

Apply Accredited Investor rules to gambling.

Mandate warning labels like on cigarettes.

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Re:Woman earning $750 a week gambles $3.7M by thebean11 on Tuesday April 06, 2021 @10:12PM (#26719830)
Those all seem reasonable-ish (maybe a bit draconian) except:

> Apply Accredited Investor rules to gambling.

Sorry, you should not need to earn $200k per year or be a millionaire to go blow a few hundred bucks at a casino. That's crazy.

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Re:Woman earning $750 a week gambles $3.7M by aeternum on Wednesday April 07, 2021 @02:04AM (#26721051)
Yes, but maybe there should be a cap based on income, especially if the person claims dependents.
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Re:Woman earning $750 a week gambles $3.7M by tartoran on Tuesday April 06, 2021 @09:27PM (#26719514)
They’ll never do that, that would spoil their business. They’re in the business of enabling addicts bleed dry
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Re:Woman earning $750 a week gambles $3.7M by fuzxi on Wednesday April 07, 2021 @12:03AM (#26720473)
I believe the implication is that these should be law, not internal policy.
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Re:Woman earning $750 a week gambles $3.7M by tartoran on Wednesday April 07, 2021 @01:08AM (#26720805)
Yes but casinos have lots of money to constantly lobby and enable the way of addiction one way or another. There are lots of addicts in casinos, I'm not saying that most of them are but quite a bit of casino frequenters are addict and any changes in legislation that would make these people not come back would reduce income which in turn would reduce taxes and so on. One hand scratches the other. Education is the only alternative I see to help people not fall into the gambling trap.
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