Spending a good bit of my formative years in Biloxi seriously changed my attitude around all of this.
The degree to which the casino industry in Biloxi is celebrated as a heroic engine of economic development and generosity depresses me. The Coast was no utopia before the casinos. And sure, yeah, the casinos employ a bunch of people and some tax money goes to local schools.
But seeing people - often poor people - gamble away their lives, seeing how much prostitution came into play, seeing how many hard drugs come in through them...I don't think the price was worth it.
But all you'll see in the local paper, and hear from most locals, is laudatory: casinos are the savior. We need more of them!
Lol...
The freedom allowing people to make those types of decisions trumps that argument.
Where would you draw the line and determine what we should "let" people do with their own possessions?
So you would not let a person gamble their house on a crap shoot? How about their car? Their watch? $5?
If you want to gamble your house away in a private bet, go for it, but the local government shouldn't move heaven and earth to get a casino built to enable thousands and thousands of people to make those decisions in the name of tax revenue.
Similarly, I don't think you would be taking away people's freedom in any meaningful way if, say, you limited lottery transactions to say, $20.
Only take it a step further. The state shouldn't move heaven and earth to get anything privately owned built. That it's a casino only makes something inherently bad even worse.