I think you have the cause and effect reversed. I think he spends money on stupid gacha games because he's bankrupt, not the other way around.
Go to a casino at 1pm on a Wednesday and what do you see? Old people. You know why old people frequent casinos? Their lives are fucked and they don't have the normal endorphin releases like sex and exercise. Gambling and the bing bing wahoo stuff at casinos targets the same parts of the brain having an orgasm does. We know Phil doesn't fuck, and he doesn't work out, and he's probably anxious or depressed over his completely FUCKED financial state. It makes perfect sense that at the current stage in his life he would spend obscene amounts of money on what is essentially e-gambling minus the potential to win money.
Now this is all just speculation; monday morning quarterback, but people are willing to do absolutely insane stuff to get a fix when they're down.
Nah, gambling is always the root cause of financial woes but once they are in the hole they usually dig faster.
I do think you’re right that his gatcha habit increased as he got more stressed.
Phil has been playing gatcha games for a few years and it looks like he whaled out on several. But the weird part is degenerate gamblers can at least pretend if they keep going they will hit it big and solve all their problems. Phil can only hope to get a sweatier wrestling man. It’s bizarre. What Phil has done is the equivalent of putting hundreds of dollars in a slot machine every week in the hopes it will spit out a fancy Hulk Hogan or Macho Man JPEG instead of $100,000.
Given what we know Phil spent on WWF Champions he could easily paid his CT condo mortgage or some of the crazy balances on his CC. Phil just spent five years getting credit cards, maxing them out, paying the minimum, get a new credit card, Max out, pay minimum...rinse repeat. Plus also getting shitty peer to peer loans.
People that behave that way are either unemployed with no income trying to survive on credit or addicts (drugs, gambling, shopping),
Bankruptcy Court is going to recognize all the tale tell habits of addict spending, esp because Phil was getting a good income all this time. What’s interesting will be his attempt at trying to pretend micro transaction in his gatcha games are a necessary business expense. He’s never covered Mobile gatcha games on his streams but probably counts on nobody actually investigating that or the fact you can play these games without whaling out if you have any common sense or self control.
paypigs will still be sending him money to his commissary account even in the Federal pen with absolutely no cahntent because they think they owe him money for all his YouTube videos still being available.
