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, who walked away from the industry and is now one of its most vocal critics. Learn more about this story here: https://bloom.bg/3iq35LM Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

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