As for Draft Kings and the like, whether it's skill based or not they are just another engine that keeps those who struggle with impulse control from truly finding financial independence.
I don't believe in divine government to save the people from these sites, but at the same time I am saddened as the volunteer work I do to help people with their finances is filled with these kind of fantasy bills.
That's just flat out false advertising. At least Vegas is up-front about the fact that the odds are in their favour. And I think it's perfectly reasonable to have the government enforce basic standards about advertising and communication by companies to the public.
But I believe that it should be possible to come up with a set of mandatory guidelines that would ultimately help consumers make more informed decisions when selecting a product. And I think this is a pretty reasonable thing to say, since so many governments enforce already some form of legislation to fight against deceptive advertising [0]. Actually, advertising of the very industry being discussed in this thread (gambling) is already being regulated by many countries [1], so I would be interested in hearing more about why you think this shouldn't be the case.
[0] https://en.wikipedia.org/wiki/False_advertising [1] https://en.wikipedia.org/wiki/Gambling_advertising
Me neither, which is why I think gambling, drugs, and many other things we have nanny laws for should be legal.
One is a direct attempt to take advantage of the poor, the other is actually targeted at people with money.
Sadly, credit cards are also extremely predatory and loose and also provide no barriers.
I worry at times that the idea that these fantasy sport games give in terms of skill and being 'better at it' is what keeps these people playing despite ample evidence they lose a lot.