"It's made to make money. How do they make money? By us losing."
Online sports betting has exploded into a multibillion-dollar industry โ but the boom may be coming at a steep cost.
Louis Ruggiero says he lost millions of dollars in just eight years, betting thousands of dollars per game, accusing the companies of purposely making the apps addicting.ย The companies say they make tools available for gamblers to stop and self-limit.
This weekend on @CBSSunday, @JimAxelrod investigates what happens when some of the biggest bettors canโt stop โ and what a former FanDuel employee says the company knows about customers who may be headed for trouble.