Is Placing a Wager in a Casino an "Investment"?

Producing quality goods that aren't addictive or obsoleted in a few years--there's no money in that, fool. Get real. You want to get rich, "invest" in a bet in the casino.

Is placing a bet in a casino an "investment"? Absolutely! An "investment" is now defined as a wager, often leveraged, at a gaming table in the casino. Anything that offers a gain is an "investment."

This is of course at odds with the classic understanding of "investing in new productive assets" that is core to classical capitalism in which the open marke…