Gamblers lost US$440 billion last yr

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07 Feb 2014 20:31 #19024 by relaxing
The poor lost USD440 billion last yr and the rich became richer. Surprisingly Spore has the 2nd highest loss per resident, mainly in casinos. Dunno why people think they can win in casinos ? We go to the casinos too, not to gamble but to enjoy the foods and live entertainment.

There is a stigma for those who gamble in casinos, as they are deemed greedy or losers, so they go there quietly. But gambling ( oops, investing ) in the stock market is okay as it’s cool and intellectual. Nowadays, if you tell friends you don’t buy stocks, they think you are a country bumpkin LOL.

www.economist.com/blogs/graphicdetail/2014/02/daily-chart-0

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09 Feb 2014 14:08 #19043 by chinsoonyuen
yes, those at the bottom of the pyramid tend to buy 4D, toto and go casinos. those at the top don't need these type of "prize" money.

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