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The Descent of the Online Sports Gambler

Newseze Wire·Mon, Nov 9, 11:00 AMWire: Bloomberg Markets
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The Descent of the Online Sports Gambler

Without their most frequent bettors, digital sportsbooks could lose about 60% of their gross revenue. Bloomberg analyzed more than three years of betting deposits to understand who these apps depend on, and the potential risks for their…

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Without their most frequent bettors, digital sportsbooks could lose about 60% of their gross revenue. Bloomberg analyzed more than three years of betting deposits to understand who these apps depend on, and the potential risks for their… The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: Bloomberg Markets.
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