@AmazingOmeara@TempletonPeckJr True enough, those I think lots and lots of people have pensions they don't even look at, collected from various employers. They might be surprised they are invested in a Palantir-heavy Defence ETF for 12% of their Frinton-on-Sea retirement pot
If your behaviour (FOBT proliferation in poor areas, high FOBT live spin limits, chasing whales, preference of gaming vs gambling, profit over-optimisation) leads to intervention, these actions, rather than the predictable incompetence of the legislative class, kill the game.
@djbradshaw64@AmazingOmeara I should add, over-optimisation is everywhere, certainly not just in the gambling sector. It's an interesting pressure on any market-listed company looking for both advancing earnings/stock price and directorial renumeration. It exists on a human level too (think over-training).
@djbradshaw64@AmazingOmeara The hidden fragility in this case was an unhappy customer cohort across the board, but most damagingly in the harm area. This ended up promoting GC interest and intervention - a disaster for the entire sector and the general societal discourse around gambling/risk
But it will not happen in Britain. People's pensions will still be riding on markets, commodities, currencies, but the population remains strangely removed. 'Gambling' is somehow separated from 'risk', and is now a dirty word, and that can only be the fault of the industry.
This is perverse, as risk is more obvious, in fashion and growing. But the British gambling sector has blown it. Plays in markets, stocks, ETFs, crypto, even foreign exchanges, gain traction and understanding globally. There is a great dissussion about risk in society to be had