I’m generally in the “no step on snek” camp, but it’s clear why states restrict gambling

It siphons attention away from meaningful uses of time and also drives down moral due to the nature of who wins and loses

We make exceptions for equity, bond & commodity markets because the underlying assets have productive value

friendly neighborhood shitcaster // working on @pinetree

i reckon they mostly restrict it so they can effectively maintain monopolies on gambling within their jurisdictions, with state lotteries and the such. at least in the u.s.