Author: Brian Pempus
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Mississippi Lt. Governor Condemns Online Betting Legislation
In July, Mississippi Lt. Gov. Delbert Hosemann threw cold water on the idea of legalizing online sportsbooks in Mississippi. The state is among a minority of states with only retail, in-person state-sanctioned sports betting. The Republican said on social media: “Online mobile sports betting increases the risk of gambling-related harm and addiction compared with traditional…
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Burry’s Head In Sand With New Sportsbook Stakes
One of America’s most prominent investors is essentially betting against a public health movement that aims to address the growing gambling addiction crisis. This week, the famous stock trader Michael Burry said he has taken stakes in DraftKings and FanDuel’s parent company because he thinks so-called prediction markets are in trouble. Burry, known as a…
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Bryce Harper Gambling Scandal: The City of Brotherly Predation?
Philadelphia Phillies star Bryce Harper, one of the highest-paid players in baseball, reportedly helped FanDuel in its relationship with a man who says he developed a life-altering gambling addiction. The Philadelphia Inquirer acquired a short video that FanDuel allegedly sent to Pennsylvania resident Terry Thompson in November 2024. In the video, Harper is seen wishing…
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FanDuel-Sponsored Golfer Says Betting Makes Fans Toxic
Jordan Spieth and FanDuel might be due for a breakup. The professional golfer said at a recent press event for the John Deere Classic that legal sports betting has noticeably affected fan behavior over the past few years. He said some fans are hurting the game. Spieth warned that fans with money on the line…
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Arnold Ventures Awards $2.6m To Study Sports Gambling Harm
On Tuesday, Arnold Ventures announced 12 new research grants totaling $2.6 million to study sports gambling in the United States and its harmful impacts. The funding will support academic, peer-reviewed research. The Houston-based group, the philanthropic vehicle of billionaires John D. Arnold and Laura Arnold, said the research will be independent of gambling industry influence…
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About the Founder
Brian Pempus
Brian Pempus has covered the gambling industry for 20+ years, including for Forbes. His work has appeared in The New York Times, AARP, Fortune Magazine, The Washington Post, and The New Republic.
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