Gambling’s global coming out party in Qatar

DraftKings shares have slumped after customers reported their accounts were compromised and cash withdrawn.

DraftKings Inc. shares fell after customers reported their accounts were compromised and cash withdrawn. The company will make the affected customers whole. Technology has increased the appeal and accessibility of sports broadcasting and unleashed the ability of gambling firms to reel in punters 24/7. UBS reckons the US market could be worth $19 billion by 2025. The betting boom's defenders argue it is a virtuous pattern of dodgy offshore business being dragged onshore. It's not known if the bombardment of celebrity-packed gambling ads will create its own crisis of problem gambling.