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Organized Money: FanDuel and DraftKings and the online betting duopoly
Manage episode 450938232 series 3506872
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Americans lose over $150 billion annually to state lotteries, casinos, and online gambling—that’s $300,000 every minute. How did gambling become so entrenched in American life? And how are FanDuel and DraftKings driving this crisis?
In this episode, we’re joined by Les Bernal, National Director of Stop Predatory Gambling, and Dr. Kavita Fisher, a psychiatrist whose life was deeply affected by online gambling addiction. Together, they uncover how corporate giants and state governments profit at the expense of millions, fueling addiction and financial ruin.
Check out the Al Jazeera documentary " The Big Gamble": https://www.youtube.com/watch?v=fQ9qp9UftEE.
And the New York Times investigation into online sports betting: https://www.nytimes.com/2023/02/10/podcasts/the-daily/sports-betting-lobbying-laws-states.html
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