As greater scrutiny is falling on online sports betting companies for the way they offer extravagant perks to customers who are losing large sums of money, there is another question emerging about this fast-growing industry: how the companies treat their biggest winners. States and state lawmakers have raised questions about a practice called “limiting” —…
Online sports bettor says gambling now is “like crack in the ’80s” – CBS News Watch CBS News A CBS News investigation into sports gambling found that companies like FanDuel push hard to keep gamblers engaged and wagering, even as their losses pile up. Jim Axelrod has more. Source link
When Meta agreed last month to pay states $17.1 billion in penalties and make major changes to address claims that its platforms are addictive, attorney Jennifer Hoekstra already had her eyes set on the next frontier in the consumer backlash to Big Tech — sports betting. Hoekstra, a Florida attorney whose firm was involved in…
The Emmy Award-winning “CBS News Sunday Morning” is broadcast on CBS Sundays beginning at 9:00 a.m. ET. “Sunday Morning” also streams on the CBS News app beginning at 11:00 a.m. ET. (Download it here.) Hosted by Jane Pauley COVER STORY: The addiction of online sports gambling: “Like crack in the ’80s”The money legally wagered on…
