Latest betting market development: Warren Buffett On Legalized Gambling: ‘I Don’t Like Things That Make A Sucker Out Of People’. Analysis for sports bettors and prediction market participants.
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- Warren Buffett On Legalized Gambling: ‘I Don’t Like Things That Make A Sucker Out Of People’ Eric Raskin Mon, April 27, 2026 at 10:41 PM GMT+8 4 min read Casino Reports In his first sit-down interview
- The short version of Buffett’s take: It’s bad for the common person and it indirectly benefits the rich
- And in a Sunday morning post on social media site X that gained significant traction, Aakash Gupta, host of The Growth Podcast , broke down the math and came to the same conclusion as Buffett
- “Nine US states have no state income tax,” Gupta wrote
- The states most committed to never taxing wealth are the same states running the largest extraction machines on people who cannot afford to lose
- ” During his CNBC interview that prompted Gupta’s post, Buffett noted that when he was a kid, gambling was only legal in one state, Nevada
- Source: Warren Buffett On Legalized Gambling: ‘I Don’t Like Things That Make A Sucker Ou
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Published by Bocphot on April 28, 2026. Source: Warren Buffett On Legalized Gambling: ‘I Don’t Like Things T
