Marketplace Tech With Molly Wood

How teenagers can get hooked on sports betting (rerun)

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Sinopsis

This episode originally aired Sept. 23, 2024.You might say online gambling has been on a winning streak since a Supreme Court decision in 2018 cleared the way for states to allow sports betting.It’s now legal in 30 states and its influence is hard to miss: Online sportsbook companies like DraftKings and FanDuel are on billboards, commercials even college campuses, many of which have made deals with sports betting companies.Three out of four college students gambled last year according to the National Council on Problem Gambling, and online betting sites are increasingly targeting young people.Yanely Espinal, host of Marketplace’s “Financially Inclined” podcast, recently covered this topic on her show, and she explained to Marketplace’s Meghan McCarty Carino how online betting companies are reeling in younger users.The following is an edited transcript of their conversation.Yanely Espinal: So that’s where I think it’s most interesting and a little bit scary, because the physical space where people are going to