High Stakes: The Gamble Behind Legal Betting

Since the U.S. Supreme Court allowed states to legalize sports betting, 37 states and the District of Columbia have created regulated sportsbooks. From a financial standpoint, the results have been striking: since 2018, over half a trillion dollars have been legally wagered on sports in the U.S. But is this surge in legal sports betting good for society? In the latest episode, Prof. Mark Conrad - known as Prof. C - explores this question. Drawing on his 2024 article in the Harvard Journal of Sports and Entertainment Law, he discusses the potential harms of widespread gambling and outlines his proposals to limit advertising and promotional tactics. Read the full article: Harvard Journal of Sports and Entertainment Law (2024) Listen now to the latest episode of the Sports Business Podcast with Prof. C. Host: Mark Conrad Producer: Victoria Ilano Additional Production: Jeffrey Haynes Artwork: Pamela V. White Marketing: Michelle Miller Music: ”MarcusWay/Energetic Pop Punk/Tribe of Noise”