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star casino gold coast ufcOf those asked, a strong majority — 93 percent — said they support allowing area residents to decide if the parish’s longstanding ban on commercial gambling should be lifted. Buffett believes that allows investors to essentially gamble with their money by becoming inexperienced day traders.“If you cater to those gambling chips when people have money in their pocket for the first time, and you tell them they can make 30 or 40 or 50 trades a day and you’re not charging commission… I hope we don’t have more of it,” the man worth more than 0 billion declared.Robinhood CountersRobinhood’s founders realized early on in their Wall Street careers that it cost brokerages just fractions of a penny to execute trades, but typically charged clients to per trade. Warren Buffett addresses Berkshire Hathaway investors during the company’s annual meeting on May 1, 2021. [Robinhood] has become a very significant part of the casino aspect that has joined into the stock market in the last year or year and a half,” Buffett opined, adding that he doesn’t believe ordinary Americans are particularly good at picking stocks to invest.Unlike other financial institutions at the time, Robinhood (started in 2013) was one of the first to offer customers commission-free trades. Robinhood launched with the business model of allowing customers to trade limitlessly for free. Robinhood, the commission-free trading platform that was involved in the 2021 GameStop short squeeze, has responded to criticism from billionaire Warren Buffett. clearwater casino hr department