Tag Archives: EthicalGambling

America’s Gambling Obsession Has Taken A Ghoulish New Turn

America's Gambling Obsession Has Taken A Ghoulish New Turn

If you are betting on the California wildfires, I don’t know what to tell you. Go outside (if it’s safe). Do some reflecting. Call a gambling-addiction hotline, probably. Though I suppose the impulse to wager on destruction isn’t all bettors’ fault — gambling companies have people right where they want them, placing wagers on things most of us never would have imagined just a few years ago. We’re days into the new year, and it already feels like the gambling boom has gone too far. In case you missed it, the prediction market Polymarket is letting people place bets on aspects of the fires that have ravaged the Los Angeles area. The platform set various markets for questions like how long it would take the first fire to be contained