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Industry News
Game Industry NewsReinvent betting as a game of savingsStanley Koh’s stinging article points to several conclusions; first being that we are a nation of compulsive gamblers and nothing good can come out of gambling.All religious or social dogma preaches against and even vilifies gambling; a message worth taking seriously.But the thing is, there’s no ‘real’ alternative to the highs of the game of chance, so if not legal then fester the illegal syndicates. What dogma rarely does is logical analysis, i.e. why is gambling such an ill? Cut coldly, gambling’s major ill is risk. Gambling is an unmitigated ‘risky’ venture for the gambler.The odds are stacked in favour of the house and the chances of return of investment, in fact return of capital, is astronomically against you.The fact that it is human nature to get a high on game of chance is undisputed, but can this form of social habit be given a paradigm shift? The answer lies in looking at another ancient money business, called money-lending.
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