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A comment on Polymarket gamblers threaten to kill me over Iran missile story. Parent comment

Re:Polymarket gamblers threaten to kill me over Iran missile... by nickburns on Monday March 16, 2026 @04:02PM (#47404103)
Excuse my ignorance if otherwise obvious—but how does legalized but untaxed gambling raise any public revenue? Bookie licensing?
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Re:Polymarket gamblers threaten to kill me over Iran missile... by scoofy on Monday March 16, 2026 @05:21PM (#47405066)
Why on earth would you think it's untaxed? A legalized gambling business trivially creates taxable income.
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Re:Polymarket gamblers threaten to kill me over Iran missile... by nickburns on Monday March 16, 2026 @05:42PM (#47405337)
Ah, right. These legalized bookies should be paying income tax to the jurisidictions they operate in (albeit probably happening as reliably as winning bettors are on their winnings).
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