How Sports Betting Hit the Mainstream in America

<p>This weekend, one of the most watched sporting events of the year, the Super Bowl, will draw an estimated $16 billion in bets from Americans, more than double last year’s total.</p><p>The booming trade is a sign of how gambling has gone from illegal to legal very quickly in many states — and hints at the enormous risks posed by the change.</p><p>Guest: <a href="https://www.nytimes.com/by/kenneth-p-vogel?smid=pc-thedaily">Kenneth P. Vogel</a>, an investigative correspondent for The New York Times.</p><p>Background reading: </p><ul><li>Cigars, booze, money:<a href="https://www.nytimes.com/2022/11/20/business/sports-betting-lobbying-kansas.html"> A lobbying blitz</a> helped to make sports betting ubiquitous.</li><li>Government oversight of gambling in the United States<a href="https://www.nytimes.com/2022/11/20/business/sports-betting-laws-states.html"> offers scant consumer protections</a> and looks to the industry to police itself, The Times found.</li></ul><p>For more information on today’s episode, visit </p><p><a href="http://nytimes.com/thedaily?smid=pc-thedaily">nytimes.com/thedaily</a></p><p>. Transcripts of each episode will be made available by the next workday.</p>