Business & Finance
The Descent of the Online Sports Gambler
Key Points
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 customers. Aaron Gordon and Polly Mosendz report.
Nov 9th, 2026
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 customers. Aaron Gordon and Polly Mosendz report.