Can GLP-1 drugs help people stop throwing away their money?
Researchers will explore whether weight-loss drugs can deter risky or impulsive financial decisions. "It might be very good financially for the average person," one neuroscientist said.
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Researchers will explore whether weight-loss drugs can deter risky or impulsive financial decisions. "It might be very good financially for the average person," one neuroscientist said.
ProPublica reporter Jake Pearson spent 10 weeks patterning his behavior to mimic the actions of a gambling addict as he placed online sports bets. He was hoping to see how sports books would respond to his recklessness. Pearson joined "The Takeout" to discuss what happened next.
A CBS News investigation into sports gambling found that companies like FanDuel push hard to keep gamblers engaged and wagering, even as their losses pile up. Jim Axelrod has more.
The U.S. has seen an explosive rise in online betting in recent years, with more platforms available than ever before. But behind the surge is one of the darker sides of big business, one that takes advantage of vulnerable gamblers. Jim Axelrod reports.
Betting apps are being accused of fueling addictive behavior, especially for vulnerable gamblers. Alex Klavens, a data journalist for The New York Times, interviewed former DraftKings employees who claim the platform may have been targeting addicts. He joins CBS News 24/7 to discuss his findings.
Betting platforms FanDuel and DraftKings say tools are there to help addicted gamblers slow down.
The money legally wagered on sports gambling has surged to $167 billion a year since it was legalized beyond Nevada in 2018. But data show, in states where online gambling has been made legal, bankruptcies and credit card delinquencies go up 25%. Correspondent Jim Axelrod talks to a gambler who wagers his annual income; and examines how the online betting platforms FanDuel and DraftKings – now the subjects of lawsuits regarding their design – interact with their customers.
New York State is suing Kalshi, the online betting portal, for allegedly operating an illegal gambling business. Kalshi says that it is a federally regulated exchange and is not subject to state laws. CBS News legal reporter Katrina Kaufman has more.
It's rare for the Trump administration to admit a mistake, but Vice President JD Vance did just that on Joe Rogan's podcast, saying they mishandled the release of files related to convicted sex offender Jeffrey Epstein. Political strategists Joe Borelli and Cameron French join with analysis.
President Trump will allege Chinese meddling in U.S. elections during his primetime speech on Thursday night, sources say. CBS News White House reporter Olivia Rinaldi has the latest.
Former NBA players Malik Beasley and Ed Davis have been indicted on illegal sports gambling charges, authorities announced Monday.
Malik Beasley, who played in the NBA for nine years, was indicted Monday alongside former player Ed Davis in the latest round of charges by the Justice Department as part of its gambling investigation, officials said. CBS News' Anna Schecter has more.
Prediction markets like Kalshi and Polymarket, which allow people to bet on nearly anything, are big business, and Meta is hoping to get in on the action, according to a new report from the New York Times. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
Mike Isaac, a tech reporter for The New York Times, joins CBS News 24/7 to discuss a story he helped break about Meta CEO Mark Zuckerberg directing the company to develop a prediction market app.
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
More than $1 billion has been wagered on prediction markets this year on military decisions and outcomes. This Sunday, 60 Minutes investigates suspiciously timed bets with information that appears too specific for civilian outsiders.
A U.S. soldier pleaded not guilty to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000.
Federal prosecutors charged 34 defendants across two indictments, alleging sports betting and mafia-linked rigged poker games.
A U.S. special forces soldier was arrested Thursday for allegedly using confidential government information to make more than $400,000 off the arrest of former Venezuelan President Nicolás Maduro on Polymarket. CBS News homeland security correspondent Nicole Sganga has the details. Then, Dennis Kelleher, CEO of financial regulation nonprofit Better Markets, joins with analysis.
As prize money soars into the millions, elite racing pigeons are being targeted by what insiders call the "pigeon mafia." 60 Minutes reports, Sunday.
A U.S. Army soldier is under arrest on Thursday after allegedly helping to plan and execute the capture of Nicolas Maduro and using that advanced knowledge to make a series of big bets on the prediction platform Polymarket.
Prediction market site Kalshi has fined and suspended three political candidates from its site for "political insider trading." CBS News senior business and tech correspondent Jo Ling Kent has more details.
A recent survey shows 36% of boys between the ages of 11 and 17 have gambled in the past year. Among 17-year-old boys, it rises to 49%. Psychiatrist Dr. Sue Varma explains how parents can approach the topic with their kids.
McKay Coppins, a writer for "The Atlantic," was given $10,000 by the magazine to immerse himself in online gambling. "The Atlantic" agreed to cover his losses and split any winnings. Coppins speaks about his recent article, "Sucker: My Year as a Degenerate Gambler," in which he details losing nearly all of the money and the impact of betting.
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.