Inside the Digital Sports Betting Boom: Part 1 | Crash Course
February 11, 2023
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47:44Now PlayingInside the Digital Sports Betting Boom: Part 1 | Crash Course
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as posted by the channelIf it hasn’t already, sports gambling is coming to your town, your living room, and your cell phone. Americans bet about $450 million on sports every day! That’s one of those numbers Tim O’Brien doesn’t even know how to comprehend – it’s so huge! – but, of course, gamblers lose a lot of that money. That’s how the industry pulled in $44 billion last year, and it looks like betting is going to keep on exploding. To better understand that boom, Tim spent time with somebody who’s really good at navigating all of the ups and downs of gambling: Blair Montgomery, one of the industry’s super users. He gambles every day, and he’s making more money betting than he does from his day job.
This is the first of three episodes about the past, present, and future of the multi-billion-dollar sports betting boom, and its impact on games, fans, and society. The series will take you from Chicago to London to the tribal lands of Connecticut to learn more about the rise of mobile betting and match fixing, and the future of tribal casinos.
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Hosted by Bloomberg Opinion senior executive editor Tim O'Brien, Crash Course will bring listeners directly into the arenas where epic business and social upheavals occur. Every week, Crash Course will explore the lessons to be learned when creativity and ambition collide with competition and power -- on Wall Street and Main Street, and in Hollywood and Washington.
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