"Several times, he tried quitting & would go days w/out placing a bet. Then his phone would ping. It was his VIP representative from FanDuel with a text message. 'Hey Jordan … I just put a $200 bonus bet into your account.' In the 15 months since he made his first bet, Holt lost more than $110,000."
It's almost like gambling is a terrible addiction and enabling people to access it easier with their phones will have colossal negative consequences for individuals and society.
Told everyone it would spell ruin.
Absolutely sickening Like giving coke addicts in rehab a free 8 ball
I hate what it has done to sports fandom , i despise gambling with all my heart.
I approach online gambling the same way I approach heroin: If I never ever start, it cannot totally fuck up my life.
$110k! That's absolutely terrifying. If you have a friend or family member using these predatory apps, check in on them. Ask them about it. Gambling addiction is a disease, and these apps do not give one fuck, and government regulation is failing, we need to step in to help others.
There are self-exclusion tools available, although clearly these are only part of the problem. UK online gambling operators are required to be part of GamStop, for example, but UK ISPs are not (AFAIK) required to block access to foreign gambling sites. www.gamblingcommission.gov.uk/news/article...
The Gambling Commission has today announced that all online gambling operators must participate in the multi-operator self-exclusion scheme GAMSTOP.
nobody wants to regulate predatory business practices because nobody thinks they're prey