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Marketplace All-in-One

Sports betting platforms attempt to encourage safer gambling

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 28 March 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Seven of the largest U.S. sportsbooks, including FanDuel and DraftKings, are launching a trade group to promote responsible gambling. The move comes as legal sports wagers surge and as the NBA and MLB each investigate high-profile betting scandals involving athletes. Also on today’s show, we hear how the Baltimore bridge collapse is impacting workers there and look at proposed legislation aimed at tackling some of the burdens of medical debt.

Transcript

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0:00.0

The No Choice Kind of Debt that's a leading driver of personal bankruptcy.

0:07.0

I'm David Brancaccio in New York First.

0:09.0

The effects on supply chains, yes, but also the effects on the jobs and livelihoods for people who work

0:15.1

at the Port of Baltimore still cut off today from the main shipping channel after the

0:19.8

highway bridge collapsed earlier this week, Marketplace's Henry Epp reports.

0:24.6

Over 15,000 people work directly at the Port of Baltimore and over 100,000 more have jobs tied

0:29.8

to the port's activity.

0:31.4

And for now, there's still work for them, since there's freight sitting at the port's activity, and for now there's still work for them since there's freight sitting at the port

0:34.6

ready to be unloaded. But once that runs out, possibly within a week or two, a lot of work dries up.

0:39.7

And there's not yet a clear picture of how long it might take to remove the fallen bridge so ships can bring in new freight.

0:46.0

Maryland lawmakers are drafting a bill that would replace lost income for port workers,

0:50.0

but they're under a tight deadline. The legislature adjourns April 8th.

0:53.5

I'm Henry Epp for Marketplace.

0:55.4

Henry's in-depth reporting about this will be in the Marketplace

0:58.2

morning podcast later this morning.

1:00.9

Seven of the largest U.S. sports betting books, including Fan duel and Draft Kings, are

1:06.3

launching a trade group to promote what the industry wants to promote as safer gambling.

1:11.2

Members of the Responsible Online Gaming Association will share best practices

1:16.2

and the names of customers who have been banned from their platforms for problematic betting.

1:20.8

This comes as Major League Baseball and the NBA. Each

1:23.7

investigate high-profile betting scandals involving athletes. Here's

1:27.6

Marketplace's Samantha Mar.

...

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