Special Edition: The Rise of Legal Sports Betting
The NewsWorthy
Erica Mandy
4.7 • 1.3K Ratings
🗓️ 29 October 2022
⏱️ 18 minutes
🧾️ Download transcript
Summary
The legal sports betting industry has really taken off in the last few years, ever since the U.S. Supreme Court overturned a ban. A recent Pew Research Center survey found about 1 in 5 U.S. adults say they've bet money on sports in the last year and the majority of states have now legalized some form of sports betting. What are the potential benefits and consequences of this type of gambling?
We're getting two interesting perspectives today. Later, you'll hear from Mike Raffensperger, an executive at one of the biggest players in the sports betting world: FanDuel. But first, you'll hear from Dr. Timothy Fong, an addiction psychiatrist and the co-director of the Gambling Studies Program at UCLA.
This episode is brought to you by Indeed.com/newsworthy and ZocDoc.com/newsworthy
Get ad-free episodes by becoming an insider: www.theNewsWorthy.com/insider
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Today is Saturday, October 29th. |
| 0:02.3 | The legal sports betting industry has really taken off |
| 0:04.8 | in the last few years, ever since the U.S. Supreme Court |
| 0:07.2 | overturned a ban and left the question of legality |
| 0:09.8 | up to states. |
| 0:11.0 | A recent Pew Research Center survey found |
| 0:13.3 | about one in five U.S. adults say they've bet money |
| 0:16.1 | on sports in the last year, |
| 0:18.0 | and the majority of states have now legalized |
| 0:20.0 | some form of sports betting. |
| 0:21.8 | In fact, the most popular state, California, |
| 0:24.0 | will vote on two propositions about sports betting next month. |
| 0:27.6 | So what are the potential benefits and consequences |
| 0:30.7 | of this type of gambling? |
| 0:32.2 | We're getting two interesting perspectives today. |
| 0:34.4 | Later, you'll hear from an executive |
| 0:36.0 | at one of the biggest players in the sports betting world, |
| 0:38.5 | FanDuel. |
| 0:39.7 | But first, I'm joined by someone who studies gambling |
| 0:41.8 | for a living, Dr. Timothy Fong. |
| 0:43.8 | He's a board-certified addiction psychiatrist |
| 0:46.4 | and the co-director of the gambling studies program at UCLA. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Erica Mandy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Erica Mandy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

