LA therapists are seeing more young patients with gambling problems. They blame Kalshi

[flvegan]

4. The founders are billionaires, so who cares?

I'd be interested in comparing the restrictions on advertising comparing "gambling" or prediction market whatthefucksit contract betting (whatever) is called versus alcohol and smoking. I hardly watch tv, but it seems it's overrun with one idiot celebrity or another hawking some form of "gambling" forum. The ads are almost a "you can't/won't really lose, it's fun!" if you just listen to the blather. I see Hard Rock (?) ads where IIRC they basically say even if you lose on your first bet, we'll give you money back (to bet again). I may be misremembering that a bit, but I do recall hearing that and thinking "oh yeah, what could possibly go wrong here."