On gambling

First things first, I think the proliferation of gambling ads in public life is one of the more visible signs of the deep moral rot our society is currently experiencing. There are zero good reasons sports leagues should be official partners of gambling platforms. It damages the integrity of the game. The NBA already had a huge deal about this with the Tim Donaghy situation… and somehow Scott Foster is still reffing games in 2026? Make it make sense. It’s even worse when the broadcast platforms are also partners with the gambling firms. I don’t need talking heads shouting about money lines during timeouts and halftime. It’s so incredibly annoying! Prediction markets somehow feel even less regulated than crypto. It is my opinion that it is entirely too easy to place a bet these days.

Don’t take this to mean I am anti-gambling. I grew up in Las Vegas, I understand the highs and lows that gambling can provide. All I’m saying is that gambling should be regulated and confined to designated spaces — casinos and brokerages! After all, what is the biggest casino of them all? The stock market. Personally, I love to gamble on interesting pre-revenue companies. Sometimes it pans out, sometimes it doesn’t. You have to understand the risk you are taking with any investment position.

This time, I think I’ve found a real gem ($LWLG) and I wanted to share my research in an easily scannable format. I built Ketchup Bottle Moment to be that resource. It explains my investment thesis with publicly available facts and figures. No investment is an absolute sure thing, but I have a good feeling about this one 😎