By : Luci Kelemen
Publisher : news
Date : April 28, 2026

Buffett Lumps Prediction Markets With Sports Betting in ‘Tax on Stupidity’ Rebuke

Buffett Lumps Prediction Markets With Sports Betting in 'Tax on Stupidity' RebukeWarren Buffett used his first sit-down interview since stepping down as Berkshire Hathaway CEO to bundle prediction markets, legalized sports betting, and day trading into a single critique, calling state-sponsored gambling a “tax on stupidity” that quietly subsidizes wealthy Americans – a take which is now receiving renewed attention on social media, having been originally […]

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