Tax revenue vs. temptation: Legalized online sports betting creates a dilemma for problem gamblers

Sep 6, 2022
Where mobile betting is legal, it accounts for 90% of all wagers, one expert says. Do the pros outweigh the cons?
“Americans have always bet on sports," says John Holden of Oklahoma State University.
Roslan Rahman/AFP via Getty Images

The gambling industry is seeing historic revenue numbers

May 13, 2022
Pent up demand and the expansion of online gambling and sports betting are giving the industry a boost.
Casinos are putting up pre-pandemic numbers.
Getty Images

The "Billion Dollar Fantasy" that propelled FanDuel and DraftKings

Sep 11, 2019
The story behind the rise of fantasy sports startups FanDuel and DraftKings, and their battle against each other.
The fantasy sports website FanDuel.
Scott Olson/Getty Images

Regulators in Kenya concerned about growing popularity of online gambling

May 31, 2019
Mobile phones are allowing ordinary Kenyans to try their luck on sports gambling.
A billboard advertising a popular sports betting site is seen along a highway in Nairobi, on November 8, 2017.
ONY KARUMBA/AFP/Getty Images

Now that states can legalize sports betting, venture capital wants in

Apr 8, 2019
One investor says sports bets could evolve into a different type of asset.
Sports Adviser Stuart Feiner, who was portrayed by actor Al Pacino in the film "Two for the Money," displays his betting tickets on Major League Baseball at Dover Downs Casino on June 5, 2018 in Dover, Delaware.
Mark Makela/Getty Images

Mobile phones could make sports betting more accessible — and addictive

Jul 10, 2018
Experts caution that widely available and accessible sports betting on mobile phones could lead to an increase in gambling addiction.
The gaming research firm Eilers & Krejcik predicts that in states that adopt it, mobile wagering will make up roughly half of the revenue generated by sports betting operators.
Adrian Ma/Marketplace

All bets are off for DraftKings and FanDuel in New York

Mar 21, 2016
The gambling sites are waiting out for a possible bill in their favor
Both companies are under investigation in multiple states. 
Scott Olson/Getty Images

For public good, not for profit.

Sports channels tap fantasy games for new content

Jul 27, 2015
Investors are pouring money into online sites like DraftKings.

My money story: Boom and bust, at the blackjack table

Jan 30, 2015
A story of one very lucky hand.

Need some Econ 101?

Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.