The $11 Billion Casino-Style Economy Built on Players Who Can Never Cash Out

The $11B Casino-Style Economy Built on Players Who Can Never Cash Out Apple and Google are raking in money from social casinos that replace real winnings with virtual coins and dopamine hits. Some players have spent more than $1M to keep playing Gift access: www.bloomberg.com/features/202...

The $11 Billion Casino-Style Economy Built on Players Who Can Never Cash Out [!!!] “Apple and Google are raking in money from social casinos that replace real winnings with virtual coins and dopamine hits. Some players have spent more than $1 million to keep playing.” Gift link—to the insanity.

A look at casino-style games, considered gambling in some US states, where player "whales" spend tens of thousands via IAP on Apple, Google, and Meta platforms (Bloomberg) Main Link | Techmeme Permalink

tfw that sketchy shit that made your skin crawl at that gdc talk you wandered into that one time (or heard about from a coworker who used to work there) shows up in class action lawsuit proceedings being covered by bloomberg

www.bloomberg.com/features/202... This is another scam and additional companies are running on vunerable people to make billionaires that are financial vampires. This needs regulation!