AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
WEAPONIZED with Jeremy Corbell & George Knapp
You Might Also Like: Revisionist History
Feb 25, 2025
Join bestselling author Michael Lewis, known for "Moneyball" and "The Big Short," and sports betting expert Rufus Peabody as they explore the astonishing world of sports gambling. They discuss the evolving relationship between sports leagues and betting, the psychological manipulations that target fans, and the integration of gambling into media. Lewis and Peabody share insights on navigating high-stakes betting, the impact of recent legal changes, and the implications of massive betting company marketing. A fascinating glimpse into a booming industry!
00:00
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The Supreme Court's ruling against the federal ban on sports gambling has led to a rapid commercialization and acceptance of betting across the U.S.
- Sports leagues have transitioned from condemning gambling to becoming stakeholders in its profits, reshaping fan engagement and traditional sports commentary.
Deep dives
The Transformation of Sports Gambling
The Supreme Court's decision to strike down the federal ban on sports gambling has led to rapid changes within the industry across the United States. Sports betting, once stigmatized and viewed as corrupting the integrity of sports, has transformed into a lucrative enterprise embraced by professional leagues and states alike. Legal sports bookkeepers, such as DraftKings and FanDuel, have heavily influenced the market, driving an explosion in betting activity that generated over $11 billion in revenue in 2023 alone. As states partnered with these companies, they transitioned from gatekeepers to promoters of gambling, leveraging marketing tactics that entice fans into betting.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode