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Losing Big: America's Reckless Bet on Sports Gambling
Paperback
Fantasy SportsSports GeneralGeneral Gambling
Publisher Price: $18.00
Publisher: Columbia Global Reports
Published: Apr 1 2025
Pages: 192
Weight: 0.45
Height: 0.70 Width: 4.90 Depth: 7.40
Language: English
In 2018, the United States Supreme Court opened the floodgates for states to legalize betting on sports. Eager for revenue, almost forty states have done so. The result is the explosive growth of an industry dominated by companies like FanDuel and DraftKings. One out of every five American adults gambled on sports in 2023, amounting to $121 billion, more than they spent on movies and video games combined.
In Losing Big, historian Jonathan D. Cohen lays out the astonishing emergence of online sports gambling, from sportsbook executives drafting legislation to an addicted gambler confessing their $300,000 losses. Sports gambling is here to stay, and the stakes could not be higher. Losing Big explains how this brewing crisis came to be, and how it can be addressed before new generations get hooked.
Losing Big demonstrates how legalized sports betting became a gigantic business, a ceaselessly annoying marketing presence, and a genuine danger to hundreds of thousands of people. --Daniel Okrent, author and inventor of Rotisserie League Baseball
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