the mishna in sanhedrin 3:3 disqualifies a dice player from being a witness or a judge, and the gemara in sanhedrin 24b explains it two ways, either because what he takes is an asmachta and close to theft, or because he is not busy with yishuvo shel olam. but that is the professional gambler. what about a regular person?

1. is occasional gambling for fun, a lottery ticket, a casual card game, a friendly bet on a game, actually assur, or just frowned upon?

2. the rambam in hilchos gezeilah va’aveidah 6:10 to 11 counts playing dice among the things chazal forbade as derech gezel, and adds the same problem to buying and selling with people whose income comes from those things. what about investing in companies whose business is gambling, or other industries like that, does the same logic apply?

3. and when does it cross the line, when it becomes an addiction, when a person gambles money the family needs, when it takes over his time? is there a clear halachic point where a permitted game becomes assur?

bottom line: what is the actual halacha of gambling for a normal person, and what about profiting from the gambling industry?