Americans gambled $150 billion through online sportsbooks last year. Far too many lost nearly everything. More:
www.rollingstone.com/culture/cult...
www.rollingstone.com/culture/cult...
There's Now a Casino in Everyone's Pocket. For Some Young Men, It's a Near-Fatal Gamble
The rise of mobile sports-bet operators like FanDuel and DraftKings has coincided with a spike in problem gambling among young men in America.
www.rollingstone.com
October 25, 2025 at 8:41 PM
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when i was a kid this was what we meant when we talked about sportsbooks
October 27, 2025 at 3:26 PM
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Americans gambled $150 billion through online sportsbooks last year. Far too many lost nearly everything.
Rolling Stone investigates how FanDuel and DraftKings have helped fuel the country's gambling addiction ↓
Rolling Stone investigates how FanDuel and DraftKings have helped fuel the country's gambling addiction ↓
There's Now a Casino in Everyone's Pocket. For Some Young Men, It's a Near-Fatal Gamble
bit.ly
October 23, 2025 at 4:15 PM
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maybe all the leagues shouldn’t have gotten into bed with the sportsbooks. maybe then we wouldn’t have at least 1 player going down a season for gambling
also this season is 2 days old!!!
also this season is 2 days old!!!
Miami Heat guard Terry Rozier was arrested early Thursday morning as part of an FBI sports betting gambling probe, sources tell ESPN. The Eastern District of New York and FBI director Kash Patel will hold a press conference at 10 am ET to announce arrests from investigation.
October 23, 2025 at 12:00 PM
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"The NBA has multiple business arrangements with massive betting brands like DraftKings, FanDuel, and BetMGM, and several of its teams host sportsbooks inside their arenas in which they are paid a percentage of the handle, which is the amount of money wagered." www.nytimes.com/athletic/674...
Chauncey Billups and Terry Rozier arrested in federal investigation into sports betting
Billups, a Hall of Famer as a player, and Rozier will both appear in federal court on Thursday.
www.nytimes.com
October 23, 2025 at 1:47 PM
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Brian Windhorst tells Rich Eisen the NBA pulled Terry Rozier for the rest of the season after the sportsbooks informed the NBA about the betting irregularities in March 2023. The NBA later cleared Rozier. He was indicted today.
www.nbcsports.com/nfl/profootb...
www.nbcsports.com/nfl/profootb...
Brian Windhorst: NBA pulled Terry Rozier for rest of season after he left March 2023 game with injury
Some of the biggest questions emerging from the federal indictment of Miami Heat guard Terry Rozier relates to the NBA.
www.nbcsports.com
October 24, 2025 at 12:48 AM
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This has everything. The mafia and sports stars. Gambling. Extortion. The FBI. It's a movie script
A 4-year investigation that amounted to *checks notes* 7 million dollars in losses to the victims (who I assume were sportsbooks?)
Either way, 40B of taxpayer money to Argentina is a bigger deal
A 4-year investigation that amounted to *checks notes* 7 million dollars in losses to the victims (who I assume were sportsbooks?)
Either way, 40B of taxpayer money to Argentina is a bigger deal
October 23, 2025 at 4:01 PM
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it's funny how much traction this story about a $7 million take on an illegal poker cheating scheme is getting while sportsbooks legally take in over $10 billion annually.
the only reason the story is so big is the victims are rich.
the only reason the story is so big is the victims are rich.
October 24, 2025 at 6:51 PM
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The moment i even heard murmurings of expanding sportsbooks, it was gonna have consequences far worse than i think anyone realized. Seeing people gamble on the LITTLE LEAGUE WORLD SERIES….like shit is not ok y’all
Americans gambled $150 billion through online sportsbooks last year. Far too many lost nearly everything.
Rolling Stone investigates how FanDuel and DraftKings have helped fuel the country's gambling addiction ↓
Rolling Stone investigates how FanDuel and DraftKings have helped fuel the country's gambling addiction ↓
There's Now a Casino in Everyone's Pocket. For Some Young Men, It's a Near-Fatal Gamble
bit.ly
October 23, 2025 at 6:29 PM
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For the last 2 years, nearly every commercial I see or hear is for sportsbooks so I'm assuming an illegal gambling ring is just one that doesn't pay taxes.
October 23, 2025 at 4:50 PM
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No. 2 here is the most important and some states (Iowa first, I believe) already do it, proving the viability.
Remove credit card deposits into sportsbooks. The easiest big step toward responsible gambling.
Remove credit card deposits into sportsbooks. The easiest big step toward responsible gambling.
Support legalized betting but a national ban on 1) parlays 2) credit card deposits and 3) more than $X wagered through apps. A few weeks ago I had one evening in Vegas and walked up to the window and looked the dude in the eye and said "$100 on the Guardians." It was artisanal. Organic. Rewarding.
Surprised and disappointed to learn that a national policy of allowing anyone at any time to instantly wager on sports via smartphone app might have had some negative consequences
October 23, 2025 at 6:16 PM
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The one upside to legalized sports betting is that I do think you're more likely to get caught because of the monitoring services legal sportsbooks use. You can try and keep it on the DL with a bookie, but a decent chance it ends up getting caught by the legal books.
October 23, 2025 at 1:34 PM
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And it's the rare case where everyone's incentives align. It's easier to catch and prosecute point shaving when the feds, state regulators, sportsbooks, leagues, and bettors all have an interest in stopping it.
October 23, 2025 at 1:04 PM
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Attorney Joseph Nocella Jr on today’s gambling arrests: the sportsbooks were the victims in the case
Also, this press conference was sponsored by FanDuel! Make your bets on who gets arrested next on our app!
Also, this press conference was sponsored by FanDuel! Make your bets on who gets arrested next on our app!
October 23, 2025 at 4:28 PM
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Lions QB Jared Goff should be the MVP favorite at this point in the season, given his numbers and the quality of his team. He's currently listed by multiple sportsbooks at 15-1.
www.nbcsports.com/nfl/profootb...
www.nbcsports.com/nfl/profootb...
Jared Goff has MVP-caliber numbers, so far
Goff's odds are much lower than they should be.
www.nbcsports.com
October 11, 2025 at 6:52 PM
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as someone who makes money betting on sports, here's my guide to being a Winning Bettor
—bet the promos sportsbooks give you in hopes you will start making bets with worse odds
—only bet those promos
—not a promo? don't bet it
—only bet the best promos bc most of them are actually still -EV
—bet the promos sportsbooks give you in hopes you will start making bets with worse odds
—only bet those promos
—not a promo? don't bet it
—only bet the best promos bc most of them are actually still -EV
October 9, 2025 at 3:16 PM
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This is the kind of shit that a competent regulatory regime should nuke online sportsbooks from orbit for.
You want to be in the pocket of every risk addicted 20-something dude in America you get limits slammed on the size of the edge you can take against them.
You want to be in the pocket of every risk addicted 20-something dude in America you get limits slammed on the size of the edge you can take against them.
The sportsbooks’ advantage is obvious in the data: Operators bring in far more revenue for every dollar wagered on these bets than they do straight bets. Parlays account for about one-third of the total amount wagered, but they generate roughly two-thirds of the sportsbooks’ revenue.
October 9, 2025 at 3:50 PM
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As mobile sports betting has boomed, parlays, or multi-part bets, are becoming more popular, accounting for an increasing share of the money wagered on sports.
Sportsbooks are making a fortune off of them. https://wapo.st/3KI6tQo
Sportsbooks are making a fortune off of them. https://wapo.st/3KI6tQo
October 9, 2025 at 7:15 PM
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How long until sportsbooks start offering lines on the Sesame Street letter of the day?
October 8, 2025 at 11:39 AM
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arb against traditional sportsbooks?
October 5, 2025 at 12:15 PM
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Rolling back sports gambling to only be in-person at sportsbooks may be a tough one, but it’s the right thing to do and becoming more popular
% of US men under 30 who say legal sports betting is a *bad thing* for society
22% in 2022
47% in 2025
No other demographic group has seen a bigger increase.
22% in 2022
47% in 2025
No other demographic group has seen a bigger increase.
Americans increasingly see legal sports betting as a bad thing for society and sports
Today, 43% of U.S. adults say the fact that sports betting is now legal in much of the country is a bad thing for society, up from 34% in 2022.
www.pewresearch.org
October 2, 2025 at 4:50 PM
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The small policy move is "ban advertising for sportsbooks on public airwaves", the medium move is "antitrust and financial regulation for ESPN" and the ultimate move is "create a regulatory body to oversee professional sports leagues".
October 2, 2025 at 5:19 PM
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Nothing many, many other people haven't already said, but requiring all sports betting to be conducted in-person at a licensed, physical sportsbook, banning advertising for gambling, and prohibiting sports leagues from partnering with sportsbooks are the absolute bare minimum of necessary reforms.
I'm genuinely in favour of pretty heavy regulation of the gambling industry, will have more to say on this at length but I low key think the way the industry works and has embedded itself into many democracies a giant regressive tax in some sense. Do not like!
October 2, 2025 at 5:42 PM
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Oh yeah, and prohibiting broadcasters and streaming services from partnering with sportsbooks is almost as important as breaking up their partnerships with the leagues
October 2, 2025 at 5:45 PM
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that's what i wanted when i supported legalization: more sportsbooks, with supervision and regulation. but that's not what we got. and here we are.
October 2, 2025 at 7:13 PM
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