US EditionDrake Loses over $100 Million to Gambling in One Month
- On June 18, 2025, Drake revealed on Instagram that he lost over $8 million after placing nearly $125 million in bets in one month.
- Drake’s heavy gambling stems from his endorsement deal with crypto-based betting site Stake, which is banned in the UK and allows cryptocurrency wagers.
- Despite large losses, such as a $1 million bet on Argentina in 2022 and a $565,000 loss backing Tyson Fury this year, Drake also won $425,000 betting on UFC fights.
- Drake admitted in a mock Instagram interview, “I am a flawed sports better,” and joked about the ‘Drake curse’ linked to his betting slips not cashing out.
- These disclosures illustrate Drake’s costly gambling habits while he prepares to headline London’s Wireless Festival starting July 11, reflecting ongoing public interest.
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·United States
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The rapper posted his statements on Instagram
·Buenos Aires, Argentina
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He himself reported this on his Instagram, saying that he wanted to show the other side of gambling.
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Total News Sources17
Leaning Left5Leaning Right1Center2Last UpdatedBias Distribution63% Left
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- 63% of the sources lean Left
63% Left
L 63%
C 25%
13%
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