NBC Meet the Press

Bob Costas warns legalized sports betting will ‘ruin some lives’: Full interview

Jul 6, 2025
In this captivating discussion, Bob Costas, a veteran sports broadcaster known for his extensive coverage of major sporting events, warns that the rise of online sports betting poses serious risks, drawing from personal family experiences. He reflects on his remarkable career, revealing how gambling influenced his viewpoint on sports. Costas also critiques the evolution of sports media, emphasizing the importance of responsible gambling practices while exploring the challenges athletes face in today's complex landscape, particularly regarding mental health.
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ANECDOTE

Father's Gambling Shaped Costas

  • Bob Costas' father was a gambler whose bets deeply affected their family life.
  • Costas grew knowledgeable about sports through bonding with his father over his betting habits.
INSIGHT

Sports Accessibility Changes Excitement

  • The availability of every game anytime has diminished the traditional excitement around sports.
  • Gambling and harsh online commentary have changed viewers' relationships with sports events.
INSIGHT

Bob Costas Warns Legalized Sports Betting Could Ruin Lives

Bob Costas shares a deeply personal perspective on the rise of legalized sports betting, drawing from his own family experience. He highlights how his father’s gambling impacted his youth and voices concern that the ease of online betting could lead to addiction and financial ruin for many people.

Costas explains, “some of those people are going to become addicted to it, and it's going to ruin some lives.” He also refuses to participate in gambling advertisements, feeling it would be irresponsible to encourage something that has an insidious side despite being recreational for some.

This candid reflection emphasizes the need for more regulation and awareness as nearly all states move toward legalizing sports gambling, reminding us of the risks alongside the booming industry revenue.

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