We might be causing unnecessary harm with our new addiction to gambling, says ‘Losing Big’ author

Key Takeaways:

• Jonathan Cohen warns of potential harm associated with widespread sports betting
• “Losing Big” highlights the dangers facing gambling enthusiasts nationwide
• America’s increasing fascination with betting is sparking urgent conversations
• The discussion took place on “Squawk Box,” indicating prominent media attention
• Published on August 22, 2025, the story underscores the ongoing debate over gambling’s future

Introduction

Sports gambling in America has seen explosive growth, hailed by some as the next entertainment frontier and by others as a troubling social trend. In a story published by Biztoc on August 22, 2025, cautionary voices are growing louder—and Jonathan Cohen’s may be the most urgent.

A Cautionary Perspective

Jonathan Cohen, author of “Losing Big: America’s Reckless Bet on Sports Gambling,” has emerged as a vocal critic of the betting industry’s rapid expansion, warning that gambling’s potential to do harm often goes underplayed in the public sphere. The title of the book itself mirrors the sentiment in the original article: “We might be causing unnecessary harm with our new addiction to gambling.”

The Author’s Warning

Appearing on “Squawk Box,” Cohen outlined growing concerns about sports betting’s influence on communities. While details of his full commentary remain under the umbrella of paid content, the available discussion points to a system where thrill-seeking may quickly devolve into dependency—a hazard felt keenly by both bettors and society at large.

Why It Matters

Cohen’s commentary arrives at a pivotal moment. As legislative changes and new technologies make sports wagering more accessible, questions arise about stakeholder responsibility and public awareness. When the possibility of profit overshadows concerns for individuals and families, critics claim, the entire nation could be “losing big.”

Conclusion

The spotlight on gambling addiction is gaining momentum—something this Biztoc coverage on August 22, 2025, clearly illustrates. While the debate on sports betting is far from settled, voices like Jonathan Cohen’s are prodding a broader societal conversation. Whether readers agree or disagree with Cohen’s stance, his warning underlines an important question: at what cost does America continue to bet?