Terry Thompson wagered $22 million with DraftKings and FanDuel over five years. He lost $1.8 to $2 million of it. His last documented bet was a $10,000 DraftKings parlay this past February. Christopher Sage lost around $175,000 across both apps. Both men are now suing. FanDuel and DraftKings’ response, filed in Philadelphia court this July,Continue reading “FanDuel and DraftKings Are in Court Arguing Their VIP Programs Don’t Fuel Addiction. Come On.”
Tag Archives: gambling addiction
Follow the Money: How the Betting Industry Built a Bankruptcy Machine
The sports betting industry is making billions while Americans drown in debt, and nobody’s pretending otherwise anymore. The New York Federal Reserve dropped a study in April 2026 showing that states with legal online betting saw a 10% spike in bankruptcy filings. Meanwhile, Bank of America is drooling over a $1.1 trillion market. The mathContinue reading “Follow the Money: How the Betting Industry Built a Bankruptcy Machine”
Betting Sports Blog 