One Saturday a year, everyone becomes a horse racing expert. Coworkers who have never watched a race in their life are suddenly explaining the difference between a trifecta and a superfecta. Group chats fill up with picks. Somebody’s aunt is downloading TwinSpires on her phone. The Kentucky Derby is the great equalizer of the gamblingContinue reading “The Kentucky Derby Is the Super Bowl of Gambling and the Industry Is Going All In”
Tag Archives: DraftKings
Sports Betting Made $17B — Now Comes the Reckoning
The machine worked. That’s the only honest way to read the American Gaming Association’s 2025 numbers: nearly $17 billion in sports betting revenue, up nearly 23% from the year before, extracted from $166.94 billion in total wagers. The industry got rich. The question nobody wanted to ask out loud — until very recently — isContinue reading “Sports Betting Made $17B — Now Comes the Reckoning”
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