"I Quit Gambling... Now What?" (Listener Intervention)
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Hey, money rehabbers. Before we start this episode, I just wanted to let you know that the episode includes some descriptions of compulsive gambling. If this is a subject that's difficult for you, please take care while listening. If you or someone you know is struggling with compulsive gambling, you can call the National Gambling Hotline to be connected with local resources at 1-800-GAMBLER. I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab. In the last quarter of 2023, DraftKings, the sports betting app, reported revenue of $1.2 billion, which is up 44% from Q4 the year prior. And that is just one app. With the rise in legalization of sports betting platforms, gambling has never been easier, and compulsive gambling has never had a lower barrier to entry.
Today, I talked to a money rehabber who, as he tells me, does not identify as a gambling addict, but he has had his fair share of highs and devastating lows over a decades-long career of gambling.
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