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Marketplace All-in-One

How teenagers can get hooked on sports betting

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 23 September 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

You might say online gambling has been on a winning streak since a Supreme Court decision in 2018 cleared the way for states to allow sports betting. It’s now legal in 30 states and its influence is hard to miss: online sportsbook companies like DraftKings and FanDuel are on billboards, commercials even college campuses, many of which have made deals with sports betting companies. Yanely Espinal, host of Marketplace’s “Financially Inclined” podcast, recently covered this topic on her show and she explained to Marketplace’s Meghan McCarty Carino how these online betting companies are reeling in younger users.

Transcript

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0:00.0

Hi I'm Kai Rizdahl the host of How We Survive

0:03.4

It's a podcast from Marketplace. In 1986, before I was a journalist,

0:08.3

I was flying for the Navy.

0:09.7

Mr. Gorbachev, tear down this wall.

0:14.4

It was the cold war, and my first deployments were intercepting Russian bombers.

0:18.6

Today, though, there's another threat out there, climate change.

0:22.5

This could be the warmest year on record.

0:24.6

Climate change is here.

0:25.7

Temperatures here are warming faster than anywhere on Earth.

0:29.5

And while the threat seems new,

0:31.6

the Pentagon's been funding studies on climate change since the 1950s.

0:35.9

I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change.

0:44.7

This season, we go to the front lines of the climate crisis

0:47.5

to see how the military is preparing for the threat.

0:51.0

Listen to how we survive,

0:52.3

wherever you get your podcasts.

0:56.0

Online gambling and young people.

0:59.0

Not a great combo.

1:01.0

From American Public Media, this is Marketplace Tech. I'm Megan McCarty Karino. You might say online gambling has been on a winning streak since a Supreme Court decision in 2018 cleared the way for states to allow sports betting.

1:26.0

It's now legal in 30 states and its influence is hard to miss.

1:31.2

On billboards, commercials, even college campuses, many of which have made deals with

1:36.4

sports spending companies. Three out of four college students gambled last year, according to the National Council on Problem Gambling, and online

...

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