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Online sports bettor says gambling now is "like crack in the '80s"

Online sports bettor says gambling now is "like crack in the '80s"

Summary

A CBS News investigation found that sports gambling companies, like FanDuel, try very hard to keep people betting, even when they are losing a lot of money. One online sports bettor compared the rise of sports gambling to how crack cocaine spread in the 1980s.

Key Facts

  • CBS News conducted an investigation into sports gambling.
  • Companies such as FanDuel work strongly to keep bettors engaged.
  • Bettors are encouraged to keep placing bets despite losing money.
  • An online sports gambler compared current gambling trends to the crack epidemic in the 1980s.
  • The comparison highlights concerns about the addictive nature of sports betting.
  • The report focuses on the impact of marketing and engagement strategies by gambling companies.
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