NBC News spoke to 21 people who said they were hooked on casino-style apps and had spent significant sums of money. The industry is almost entirely unregulated.
I found the above article interesting in light of my ill-advised move to buy a year of Tinder Gold last fall, which just ran out last week. As I've mentioned in the past, my "like" rate is something like one per week at best. One out of ten of those might be someone I'd swipe right on.
In what is surely an amazing coincidence, I've accumulated 12 likes in the week since my subscription expired. Almost like they're suddenly showing my card in other people's stacks or something. I don't get those numbers even when I occasionally take advantage of a free "boost".
That's enough to have me not get suckered again. The question is what does it take for me to delete the app altogether (along with the equally futile Bumble).
But the business model of getting people to fork over money in return for the low odds of getting lucky, but with no provision for a payout... feels really familiar.