Could be in any context. I do it a little on UFC fights but that’s a relatively low amount and I can afford I to lose any time I do. It seems like it’s becoming a really wide spread problem though, at least in the US. At the same time I don’t see why it should be illegal. Granted I also don’t think any drug should be illegal.
I think it should be heavily regulated when not done informally.
Informal gambling is fine. Not my vice but you do you.
Gambling as a business should be heavily restricted because of its destructive and addictive nature. The current state of things is like if everyone had a tap with running vodka in their home. Sure plenty would be responsible, but the people who use it most would be the ones who need it to be less accessible, while the people who use it responsibly would be fine having to go outside town to a casino or something to get their fix.
Personally I’d prefer it only be legal in parts of my country where it’s traditionally legal such as las Vegas and Atlantic City, but that’s not an opinion I can firmly justify.
Yeah I’d be fine with a good bit of regulation.