The Devil’s Bargain of Sports Betting

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The Atlantic

News, Society & Culture, Politics

4.3 • 2.3K Ratings

🗓️ 25 July 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

After a 2018 Supreme Court decision kicked off a wave of legalization across America, sports gambling has become an integral part of how fans consume sports and how leagues make money. But with high-profile athletes caught up in betting scandals, a windfall welcomed by the sports industry also poses serious risks to it. Sports journalist and Atlantic contributor Jemele Hill joins guest host Adam Harris to discuss whether leagues can manage the mess of banning athletes who gamble, all while advertising sports betting. And what if any impact the spike in gambling will have on a new generation of fans. Get more from your favorite Atlantic voices when you subscribe. You’ll enjoy unlimited access to Pulitzer-winning journalism, from clear-eyed analysis and insight on breaking news to fascinating explorations of our world. Subscribe today at TheAtlantic.com/podsub. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Want to meet great minds who don't think alike?
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0:07.0	featuring two days of lively exchange and debate on the issues that matter most.
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0:19.0	Hear from best-selling authors, elected officials, notable actors, CEOs, and more.
0:24.7	This year's speakers include Representative Hakeem Jeffries, Carl Rove, Anna Devir Smith,
0:30.4	Jake Tapper, Jonathan Hight, Senator John Federman, Noah Hawley, Elaine Welteroff, and
0:37.0	more of today's most influential thinkers in conversation with Atlantic journalists, including
0:42.4	Jeffrey Goldberg, Jamel Hill, and Derek Thompson.
0:46.0	Tickets are on sale now at the Atlantic Festival.com. There was a time not too long ago when you could turn on the TV and watch sports without ever thinking about gambling.
1:04.1	But now it feels impossible to escape.
1:07.2	Put a little Betting GM action on it now.
1:09.0	Any game becomes the game.
1:11.1	The same game parlays on fan dual,
1:13.5	you can bet on how your favorite players will do.
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1:17.2	Finally a sports book from your favorite sports brand.
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1:22.1	Betches $5 to get 200 bonus bets instantly.
1:25.0	In 2018, a Supreme Court decision opened the floodgates to sports betting.
1:30.0	It's now legal in three out of every four states.
1:34.0	Last year, Americans placed nearly $120 billion in legal sports bets.
	...

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