The dark side of the US sports-betting boom

Sports betting is a relatively young industry in the US, in effect launching after a 2018 US Supreme Court ruling struck down a federal ban. Before then, those who wanted to gamble on sports legally had to travel to casinos in Nevada, or three other states that were exempt from the ban. Lifting the federal ban has led to a US sports-betting boom. How will regulators respond? It’s a subject that Oliver Barnes, the FT’s leisure industries correspondent, has investigated and he spoke to Brooke Masters, the FT’s US finance editor, about what he found.Want more?The dark side of the US sports betting boomDisney turns to gamblingUK sets out biggest shake-up of gambling industry since 2005If you would like to talk to Claer about a future episode, please email the Money Clinic team at [email protected] with a short description of your problem, and how you would like us to help. You can follow Brooke on X, formerly Twitter, @brookemastersFollow Claer on X, formerly Twitter, and Instagram @ClaerbPresented by Brooke Masters. Produced by Jake Harper. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.