America is losing big on sports betting
August 11, 2025
53 min
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721 of 775
August 11, 2025
America is losing big on sports betting
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Gray Area Episodes Around August 11, 2025
Episode 721 of 775 — walk the feed in the order it was published.
America is losing big on sports betting
Summary
Almost every tech platform is designed to grab and hold your attention, to keep you clicking, scrolling, and buying for as long as possible.
Sports gambling has become one of the clearest examples of this. The industry has created frictionless apps on your phone that let you bet on everything from March Madness to a pregame coin toss to who wins a minor league British dart tournament.
While betting has become easier — and arguably fun — the cost of these apps is much higher than the money that is won and lost on them.
Today’s guest is Jonathan D. Cohen, author of Losing Big: America's Reckless Bet on Sports Gambling. He and Sean discuss the rise of sports betting, why the industry targets young men in their advertising, the social costs of frictionless sports gambling, and how the industry could be improved.
Host: Sean Illing (@SeanIlling)
Guest: Jonathan D. Cohen, writer and author of Losing Big: America's Reckless Bet on Sports Gambling
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