New book by Danny Funt documents the meteoric — and questionable — rise of sports gambling - Chicago Sun-Times
Summary
Danny Funt’s book, “Everybody Loses,” examines the swift and often troubling growth of the sports gambling industry since its legalization in 2018. Through stories like Georgetown student Rob Minnick’s struggles with betting and anecdotes about families affected by gambling addiction, Funt highlights the industry’s potential for harm, particularly among young people. He questions the leagues’ sudden embrace of gambling after years of opposition and criticizes the lack of transparency from companies like DraftKings and FanDuel. The book reveals a concerning lack of regulation and oversight, allowing predatory practices like touts profiting from customers’ losses. Funt draws parallels between the current situation and the historical issues with cigarette advertising, expressing skepticism that significant change will occur without a major scandal or tragedy.
(Source:Chicago Suntimes)