Has Legalizing Sports Gambling Become a Bad Bet?

Has Legalizing Sports Gambling Become a Bad Bet?

Perfect for Super Bowl & March Madness

In 2018, the Supreme Court struck down the federal ban on sports betting, allowing states to legalize and regulate it. Since then, sports gambling has exploded, with over thirty states embracing sports betting. Now, legal betting platforms like DraftKings are integrated into major sports leagues, apps, and advertisements, making wagering easier and more accessible than ever. But was the gamble worth it? Those who say that what has happened since legalization is a positive, argue that sports gambling is good for the economy, generating tax revenues and creating jobs. It has also increased fan engagement in their favorite sports teams and athletes and helps operators monitor problem gambling. Critics of what has happened since legalization worry about its normalization, particularly among young people who may be vulnerable to the increased risk of gambling addiction. They also worry about the integrity of the sports industry. 

Now, before we place a bet on our phones, we debate the question: Has Legalizing Sports Gambling Become A Bad Bet? 

Arguing Yes: Harry Levant, Director of Gambling Policy at the Public Health Advocacy Institute  

Arguing No: Bill Pascrell III, Partner at Princeton Public Affairs Group 

Nayeema Raza, Journalist and Host of “Smart Girl Dumb Questions”, is the guest moderator.