Everybody Loses: The Tumultuous Rise of American Sports Gambling

Everybody Loses examines the American sports gambling industry through interviews with major figures at companies like FanDuel and DraftKings. Journalist Danny Funt investigates how the betting industry uses methods designed to maximize losses among gamblers. The book includes accounts from former sportsbook executives who acknowledge misleading customers, VIP hosts who describe perks offered to major losers, and industry insiders who recall meetings where NBA, NFL, NHL, and MLB executives learned about potential league revenues from gambling. Funt also documents how lobbyists worked to shift politicians' positions on the industry. The narrative explores the rapid expansion of sports gambling in America and examines the relationship between the sports leagues, gambling companies, and their customers.