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.

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

Each weekday, Big Take brings you a story - one big, important story. We talk to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what's happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology - we cover it all.

Each weekday, Big Take brings you a story - one big, important story. We talk to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what's happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology - we cover it all.

Big Take

The UK’s Gambling Nightmare Is Heading to the US

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b3b18127-f705-478a-8ead-af5d01761845/transcript

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