The New Liberal Podcast What should we do about the rise of sports betting? ft. Isaac Rose Berman
Apr 22, 2025
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Internet Drives Sports Betting Growth
- The rise of sports betting in the US is mainly due to internet accessibility.
- Betting shifted from physical casinos to phone apps, increasing participation dramatically.
From Sketchy Sites to Mainstream Ads
- Before legalization, sports betting websites were offshore and sketchy.
- Now, apps like DraftKings sponsor leagues and are ubiquitous in sports culture.
Sports Betting Smaller But Growing
- Despite visible ads, sports betting revenue is lower than lottery or slots.
- It is growing fast though and affects mainly young men.