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Gambling platform Stake, which is co-owned by Drake, can create a ton of money right now by launching their lending platform. See, whenever a gambler loses money, they want to recover the lost money via gambling again. But many of the gamblers can'

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Vrishank Raj

VC enthu • 10m

Well, govt is still not okay with stake (that's why stake does transactions with offshore and dummy accounts) but still the govt is allowing them to run. If the govt was serious, they would have banned them already. But for govt too, Stake users, winning are bringing them revenue (30% tax on gambling wins)

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