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Robin Hanson: How Global Elites Manufactured Stagnation and How We Escape
From the New World
Is There a Regulated Lottery?
It seems clear that straight up gambling is very heavily regulated, more heavily regular than the others. In the united states, certainly, you can gamble, you have to go in person to a casino. And y who is allowed to offer a casino is limited not just why geographically, but even in those places,. what kinds of things you can do there is regulated. It's quite heavily regulated. Soa lottery, no, a consumer lotteries are regulated heavily in the sense that pretty much only the state can offer lotteries. I don't have a competitive market to offer different kind of lottery tickets. There's just one lottery ticket you can buy that the state offers you.
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