I'm confused, are you just mad about the label middle class, or do you believe that the only people spending large sums on gambling can afford it and therefore there are no ethical issues in this type of business?
Because you seem to be setting up a straw man bringing in a lot of talk about net worths in the millions, when the conversation was about losing "hundreds of thousands". The median net worth for a US family is $192k according to a recent Nerdwallet article, so it's absolutely in the realm of possibility that millions of Americans are vulnerable to losing hundreds of thousands to a gambling addiction. Certainly a lot of people would have their lives destroyed by losing $50k to a gambling addiction, and no doubt that happens plenty. Where we draw the line on what constitutes middle class doesn't really seem all that relevant to me.
Because you seem to be setting up a straw man bringing in a lot of talk about net worths in the millions, when the conversation was about losing "hundreds of thousands". The median net worth for a US family is $192k according to a recent Nerdwallet article, so it's absolutely in the realm of possibility that millions of Americans are vulnerable to losing hundreds of thousands to a gambling addiction. Certainly a lot of people would have their lives destroyed by losing $50k to a gambling addiction, and no doubt that happens plenty. Where we draw the line on what constitutes middle class doesn't really seem all that relevant to me.