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In reply to the discussion: In your opinion, are DraftKings and FanDuel gambling? [View all]Xolodno
(6,739 posts)44. That's half true.
If you invest into blue chip stocks your statement is correct. But if you invest into high risk stocks/borderline or on pink sheets....you can lose your ass. Just ask investors into Six Flags (prior to bankruptcy) and Playboy before it was bought out.
...and yes, I was an "investor" in both, albeit, I did so on the notion I was going to lose the money and was gambling on a possible recovery.
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Yet inevitably every one of those investment contests is won by a 16 yo
Algernon Moncrieff
Jan 2016
#56
Taxed in the same way/Jurisdiction any other ecommerce activity would be. If I
kelly1mm
Jan 2016
#17
Not that I am for either of the two sites, never played then or any online gambling...
R. Daneel Olivaw
Jan 2016
#6
There is always a paternalistic element to the "it preys on the poor" argument
Algernon Moncrieff
Jan 2016
#16
Cannabis is banned in your State because some hated it and hated the cultures who used it.
Bluenorthwest
Jan 2016
#34
So since you hate all of some activity it should be banned? How .... 'fundy' of you ....n/t
kelly1mm
Jan 2016
#42
The State of New York is not against gambling per se, just gambling it does not get a cut of. nt
kelly1mm
Jan 2016
#43
If we control everything in our society from the point of those with "problems" we will have nothing
CBGLuthier
Jan 2016
#26
Some days I want to slap you all. It was illegal to have gay sex in many States until 2003. Illegal.
Bluenorthwest
Jan 2016
#36
Obviously gambling, should be regulated by states commisions if allowed to exist
Johonny
Jan 2016
#40