- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
What type of investment that people can do in playing gambling?
When people deposit their money in casino account, it shouldn't be for investment or saving purposes. They must use the money for playing gambling games. If people really want to use their money for saving or investment, they will prefer other things. People mostly store money for saving in bank accounts. But if they want to invest, they probably buy gold, lands, property, or crypto coins.
What a question, but you can see a simple example in the OP, and mind you, investments could be established around gambling and similar activities on social media should have hinted to you. If you think deeply, you can still point to at least 3 of them aside from the Ponzi-related one suggested in the main OP. But that is not the issue for me, the issue is whether those building investments around gambling understand this business and have a workable plan that is foolproof.
Will they be sincere with their partners/investors and not betray their trust to cause them losses? This is important because if truly one would do a thing like that, it mustn't be about the money of the person as you supposed, commercialising it one way or the other is the only way that can bring more money in gambling aside from gambling directly as we popularly know.