Drake Loses $8 Million in One Month to Gambling, Sparks Addiction Concerns
June 19, 2025
Drake recently disclosed that he lost over $8 million from gambling in just one month, having placed bets totaling more than $124 million, highlighting the significant financial risks associated with his gambling habits.
These staggering losses come amid a $100 million endorsement deal with the online gambling platform Stake, where he actively shares his betting activities on social media.
Since partnering with Stake in late 2021, Drake has gambled over $1 billion, earning him the infamous nickname 'Drake Curse' due to his poor luck.
His candid admission about his gambling struggles has sparked conversations about the risks of high-stakes betting, serving as a cautionary tale for fans.
The rise of online gambling has raised concerns about addiction, with a report indicating a 61% increase in searches for help regarding gambling problems since the expansion of legalized sports betting.
Public reactions to Drake's gambling losses have included expressions of disgust and concern, with some fans fearing he may be developing a gambling addiction.
Despite his gambling setbacks, Drake remains active in music, recently announced as the headliner for the Wireless Festival in London, marking his first UK performances in six years.
In addition to his gambling activities, Drake is reportedly working on a new album speculated to be titled 'Iceman', which is expected to be released before the end of 2025.
His betting history includes notable losses on significant sporting events, such as a $1 million bet during the World Cup final and $1.8 million on UFC fighter Sean Strickland.
Drake has shared screenshots of his betting profits and losses, revealing the extent of his gambling activities over the past month.
Known for promoting the legal gambling industry, Drake frequently shares his betting receipts during major sporting events, further normalizing high-stakes gambling.
His catchphrase 'I need a max win' has gained popularity, leading to merchandise and becoming the title of his recent tour.
Summary based on 19 sources
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Sources

BuzzFeed • Jun 19, 2025
Drake Shares $8 Million Gambling Losses
Daily Mirror • Jun 19, 2025
Drake's jaw-dropping gambling losses exposed as he warns fans after horror defeat
Billboard • Jun 19, 2025
Drake Reveals Massive Sports Betting Losses: ‘Gotta Share the Other Side of Gambling’