As Super Bowl LX nears, sports betting has become inseparable from the modern fan experience, even as scandals ripple through the NBA, MLB, and NCAA. Journalist Danny Funt joins Rapid Response to explore his new book, Everybody Loses, and explain how legalized gambling is transforming leagues, media, and the economics of fandom. From the dominance of FanDuel and DraftKings to the rise of prediction markets like Kalshi and Polymarket, Funt reveals who’s winning, who’s being exploited, and whether the industry is headed for a reckoning.

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