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Andrew Yang Podcast
The Dark Secrets of Sports Gambling: Why Millions Are LOSING More Than Money
Dec 16, 2024
Charles Lehman, a Manhattan Institute Fellow and urban policy expert, dives into the dark world of online sports gambling. He sheds light on how algorithms prey on addiction and the financial destruction it wreaks on young men and families. Lehman discusses the rapid legalization of gambling despite known harms, revealing its psychological toll. The conversation also addresses the normalization of gambling in sports media and its damaging social repercussions, urging a rethinking of regulations to protect vulnerable populations.
52:51
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Quick takeaways
- The podcast emphasizes the alarming rise in addiction to online sports gambling, particularly among young men struggling with financial and emotional health.
- It highlights the urgent need for stricter regulations on legalized sports gambling to protect families from its detrimental societal impacts.
Deep dives
The Marketing of Addictive Goods
The discussion highlights the growing trend of marketing addictive goods, such as gambling, drugs, and even social media. Experts express concern over the normalization of these substances, questioning whether the perceived benefits truly outweigh the detrimental effects on society. Gambling, in particular, is portrayed as a regulatory challenge that can lead to significant issues for vulnerable individuals. The need for stricter regulations is emphasized due to the risk that excessive gambling poses to personal and financial health.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode