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Today, Explained

The case against legal sports betting

23 Dec 2024

Description

Sports betting is a costly mistake, says addiction researcher Charles Fain Lehman. He and NBA great Danny Green discuss how it's changed sports for the worse, and whether there's a way to fix it. This episode was produced by Hady Mawajdeh, edited by Matt Collette, fact checked by Laura Bullard with help from Victoria Chamberlin, engineered by Andrea Kristinsdottir, and hosted by Sean Rameswaram. Special thanks to Steven Delaney, host of Fantasy or Reality? The Gambling Problem Podcast. Transcript at vox.com/today-explained-podcast Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcription

Full Episode

0.578 - 11.107 Sean Rameswaram

Remember when sports betting wasn't everywhere you looked in this country? Back in the 90s, Congress passed a pretty sweeping ban on sports betting across the United States.

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12.128 - 19.034 Charles Fain Lehman

This is a pretty universally popular law. It passes overwhelmingly. All the sports leagues speak out in favor of it. It's the law of the land between 1992 and 2018.

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21.056 - 30.799 Sean Rameswaram

It wasn't until 2018 that the Supreme Court stepped in and basically undid that law. Since then, almost all of the states have gone ahead and legalized sports betting.

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30.919 - 47.945 Charles Fain Lehman

The American Gaming Association estimates that last year Americans bet over $100 billion on sports. Something like one in three Americans now bets on sports. It's everywhere. It's on your phone. It's on TV. ESPN, which is to say Disney, now runs its own sports book.

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48.565 - 58.89 Sean Rameswaram

Mickey Mouse is now a bookie. That's completely correct. Pay up or I'll break your knees. Charles here says legalization was a terrible mistake. He's going to tell us why on Today Explained.

59.977 - 75.06 Unknown Speaker

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86.041 - 89.082 Sean Rameswaram

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