You’ve probably encountered an advertisement for sports betting in one form or another. In the past few years, there’s been a marked rise in the number of online sports betting ads from companies like DraftKings and FanDuel. Gambling companies now spend billions of dollars a year on advertising. At the same time, there’s growing concern over the effect betting is having on our experience with sports, the lack of comprehensive federal regulation and its addictive potential. Eric Lipton is a Pulitzer Prize-winning journalist and New York Times investigative reporter. He’s spent years following the sports betting boom. Lipton joins WITHpod to discuss how we got to this moment where sports gambling ads are integrated into almost every sports broadcast, the role of lobbying in the explosion of online betting, how the space is policed and more.
You’ve probably encountered an advertisement for sports betting in one form or another. In the past few years, there’s been a marked rise in the number of online sports betting ads from companies like DraftKings and FanDuel. Gambling companies now spend billions of dollars a year on advertising. At the same time, there’s growing concern over the effect betting is having on our experience with sports, the lack of comprehensive federal regulation and its addictive potential. Eric Lipton is a Pulitzer Prize-winning journalist and New York Times investigative reporter. He’s spent years following the sports betting boom. Lipton joins WITHpod to discuss how we got to this moment where sports gambling ads are integrated into almost every sports broadcast, the role of lobbying in the explosion of online betting, how the space is policed and more.