McKay Coppins
๐ค SpeakerAppearances Over Time
Podcast Appearances
But the number of people who were doing that was relatively small.
And the average House of Representatives member is about 60 years old, which is well outside the DraftKings target demographic, right?
But it is also the case that this industry is just flush with cash.
It has a lot of money to spend on lobbying.
It has a lot of money to spend on advertising.
It is also kind of a truism of politics that trying to take away a popular thing from your constituents is not very good politics.
There are, but they're very easy to get around.
You know, and there are a number of scenarios where a young person might have access to online sports gambling.
One common one is that fathers will set up a sports betting account with their sons as kind of a bonding exercise, right?
They'll say...
Hey, I want my boy to watch the Sunday NFL games with me.
This will entice him to take an interest.
And the dad will kind of say, look, I'll cover the losses, and if we win anything, we'll split it, right?
But what happens is the dad then, you know, Sunday ends, the dad goes to work, whatever.
And the son still has access to the account.
And I talked to people who had crazy stories about young people getting deep, deep in gambling debt without their parents having any idea until they would get a phone call from somebody saying, hey, you owe me $5,000.
And they would say, what are you talking about?
He'd say, well, your son has racked up this big gambling debt and somebody's got to pay it.
A lot of it is happening digitally.