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The Tumultuous Rise of American Sports Gambling | Bloomberg Businessweek
Posted
April 8, 2026
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188
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April 8, 2026
188
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9:40Now PlayingDraftKings and FanDuel are thriving—but lax regulations, understaffed “responsible gambling” departments, and lack of resources for gambling addicts can make sports betting platforms uniquely insidious. For many users, this new 'vice' has cost them thousands, sometimes millions, while other profit. Danny Funt, Sports Journalist and author of 'Everybody Loses: The Tumultuous Rise of American Sports Gambling' discusses the unsettling truth about America's sports betting boom and how it can cost people everything they have.
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