DraftKings and FanDuel are thriving—but lax regulations, understaffed “responsible gambling” departments, and lack of resources for gambling addicts can make sports betting platforms uniquely insidious. For many users, this new 'vice' has cost them thousands, sometimes millions, while other profit. Danny Funt, Sports Journalist and author of 'Everybody Loses: The Tumultuous Rise of American Sports Gambling' discusses the unsettling truth about America's sports betting boom and how it can cost people everything they have.

DraftKings and FanDuel are thriving&mdash;but lax regulations, understaffed &ldquo;responsible gambling&rdquo; departments, and lack of resources for gambling addicts can make sports betting platforms uniquely insidious. For many users, this new 'vice' has cost them thousands, sometimes millions, while other profit. Danny Funt, Sports Journalist and author of 'Everybody Loses: The Tumultuous Rise of American Sports Gambling' discusses the unsettling truth about America's sports betting boom and how it can cost people everything they have.

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Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

The Tumultuous Rise of American Sports Gambling

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/97b06e2d-56f0-4f3b-a6e2-b4250130a133/transcript

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."
Hosted by Carol Massar and Tim Stenovec

Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.

You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily." Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio. You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News. Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BW

Bloomberg Businessweek Weekend - April 10th, 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3767007b-5aaf-423f-a8cb-b42800fb85a5/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Donald Trump ramped up pressure on Iran as Vice President JD Vance traveled to Pakistan for talks to end the war, with Israeli airstrikes in Lebanon and the Strait of Hormuz’s effective closure looming over diplomatic efforts.

Trump posted on social media Friday that Tehran’s only leverage is “short term extortion of the world by using International Waterways” — a reference to Hormuz, a critical shipping lane for oil and natural gas that remains largely shut, raising global energy prices. Trump declared that the “Iranians don’t seem to realize they have no cards.”

While the two-week ceasefire was broadly holding across the Middle East, the situation with the strait and continued fighting between Israel and Hezbollah in Lebanon threatened to complicate negotiations due to begin over the weekend in Islamabad.

Iranian Parliament Speaker Mohammad-Bagher Ghalibaf insisted in a social media post that a ceasefire in Lebanon is one measure that “must be fulfilled before negotiations begin.” The other is the “release of Iran’s blocked assets,” he added, without being more specific.

This episode features:
Jeff Mason, Bloomberg News Washington and White House Correspondent
Humayun Tai, McKinsey Global Energy & Materials Practice Senior Partner & Leader
Todd Gillespie, Bloomberg News Banking Reporter on Treasury Secretary Scott Bessent and Federal Reserve chair Jay Powell convening an urgent meeting with Wall Street leaders on the latest AI model from Anthropic
Drive to the Close with Jed Ellerbroek, Argent Capital Management Portfolio Manager

Hosted by Tim Stenovec and Emily Graffeo, in for Carol Massar

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump ramped up pressure on Iran as Vice President JD Vance traveled to Pakistan for talks to end the war, with Israeli airstrikes in Lebanon and the Strait of Hormuz&rsquo;s effective closure looming over diplomatic efforts.
Trump posted on social media Friday that Tehran&rsquo;s only leverage is &ldquo;short term extortion of the world by using International Waterways&rdquo; &mdash; a reference to Hormuz, a critical shipping lane for oil and natural gas that remains largely shut, raising global energy prices. Trump declared that the &ldquo;Iranians don&rsquo;t seem to realize they have no cards.&rdquo;
While the two-week ceasefire was broadly holding across the Middle East, the situation with the strait and continued fighting between Israel and Hezbollah in Lebanon threatened to complicate negotiations due to begin over the weekend in Islamabad.
Iranian Parliament Speaker Mohammad-Bagher Ghalibaf insisted in a social media post that a ceasefire in Lebanon is one measure that &ldquo;must be fulfilled before negotiations begin.&rdquo; The other is the &ldquo;release of Iran&rsquo;s blocked assets,&rdquo; he added, without being more specific.
This episode features:
<ul>
<li>Jeff Mason, Bloomberg News Washington and White House Correspondent</li>
<li>Humayun Tai, McKinsey Global Energy &amp; Materials Practice Senior Partner &amp; Leader</li>
<li>Todd Gillespie, Bloomberg News Banking Reporter on Treasury Secretary Scott Bessent and Federal Reserve chair Jay Powell convening an urgent meeting with Wall Street leaders on the latest AI model from Anthropic</li>
<li>Drive to the Close with Jed Ellerbroek, Argent Capital Management Portfolio Manager</li>
</ul>
Hosted by Tim Stenovec and Emily Graffeo, in for Carol Massar

Trump Threatens Iran as Vance Heads to Pakistan for Peace Talks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bf16912f-9073-4807-8c85-b42801640d11/transcript

Of all the prevailing media narratives around Gavin Newsom, the one that is most conspicuous by its absence is how under its two-term governor California became the top performing economy not just among its 49 siblings but also any developed nation. No wonder Elon Musk quietly sought Newsom’s help when the world’s richest man sought to move a bunch of Tesla Inc. engineers back to the state after relocating them to Texas. Amid the thousands of headlines referencing California failings with wildfires, droughts, floods, mass transportation, aging roads, education, homelessness, unaffordable housing, widening inequality and poverty along with the exodus of billionaires, corporate headquarters and longtime residents -- never mind the “slick” label whenever the betting favorite for the 2028 Democratic presidential nomination is mentioned in the press – the Golden State (population 39 million people), just supplanted Japan (123 million) as the fourth-largest economy.

Matthew Winkler, Bloomberg News Editor-in-Chief Emirtus discusses how California's economy has grown faster than either China or Germany... And picking up steam.

Of all the prevailing media narratives around Gavin Newsom, the one that is most conspicuous by its absence is how under its two-term governor California became the top performing economy not just among its 49 siblings but also any developed nation. No wonder Elon Musk quietly sought Newsom&rsquo;s help when the world&rsquo;s richest man sought to move a bunch of Tesla Inc. engineers back to the state after relocating them to Texas. Amid the thousands of headlines referencing California failings with wildfires, droughts, floods, mass transportation, aging roads, education, homelessness, unaffordable housing, widening inequality and poverty along with the exodus of billionaires, corporate headquarters and longtime residents -- never mind the &ldquo;slick&rdquo; label whenever the betting favorite for the 2028 Democratic presidential nomination is mentioned in the press &ndash; the Golden State (population 39 million people), just supplanted Japan (123 million) as the fourth-largest economy. Matthew Winkler, Bloomberg News Editor-in-Chief Emirtus discusses how California's economy has grown faster than either China or Germany... And picking up steam.

Who Knew Newsom Was Such an Economic Maestro?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b24b3fc2-0b38-49cc-a7f9-b427014c7b8a/transcript

The Tumultuous Rise of American Sports Gambling

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