The UK’s Gambling Nightmare Is Heading to the US
Online gambling is enormously popular in the UK. Millions of people spend hours a day playing catchy games on their phones that keep them spinning–even when they’re losing big. No surprise that online gambling addiction is a serious issue.
Now, some US states are loosening their gambling laws. And with it comes concerns that the problems gamblers in the UK are experiencing will soon play out on an even larger scale in America.
Bloomberg reporters Gavin Finch and Harry Wilson join this episode to talk about the UK gambling boom, and what’s in store for the US. We also hear from Stewart Kenny, a co-founder of the gambling company Paddy Power (https://en.wikipedia.org/wiki/Paddy_Power), who walked away from the industry and is now one of its most vocal critics.
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