Sport Betting Problems in the USA 02/07/2025

Sport Betting Problems in the USA 02/07/2025

https://aalbc.com/tc/profile/6477-richardmurray/?status=2839&type=status

 

GAMBLING

Amazing how marijuana is hyper criminalized but gambling is allowed to fly free... 

 

Uniform Resource Locator

https://www.pbs.org/newshour/show/study-reveals-financial-impact-of-the-sports-betting-boom

Transcript

 

Transcript This Sunday in New Orleans, the Philadelphia Eagles will try to block the Kansas City Chiefs from taking home a historic third consecutive Super Bowl title. But there will also be a historic $1.4 billion riding on the game. Paul Solman reports on the snowballing and potentially perilous sports betting craze. Read the Full Transcript Notice: Transcripts are machine and human generated and lightly edited for accuracy. They may contain errors. Amna Nawaz: This Sunday in New Orleans, the Philadelphia Eagles will try to block the Kansas City Chiefs from taking home an historic third consecutive Super Bowl title. There will also be an historic amount of money riding on the game. The American Gaming Association estimates that nearly $1.4 billion will be legally wagered, as Paul Solman reports, proof of a snowballing and potentially perilous sports betting craze. Eli Manning, Former NFL Player: I'm doing the FanDuel Kick of Destiny 3 live Super Bowl Sunday. Paul Solman: Super Bowl Sunday, our eyes and ears blitzed by calls to get in on the action. Kevin Hart, Actor: Now, I know it's the Super Bowl and all, but everyone gets a free bet? Paul Solman: Nearly seven years after the Supreme Court struck down the ban on commercial sports betting, 39 states and the District of Colombia have legalized it. Last year, more than one in three Americans said they'd put money on a game at some point in their life, up from the year before, while the American Gaming Association estimates that commercial sports betting revenue reached more than $14 billion, up 28 percent from 2023. Rob Minnick, Former Gambler: And it's gotten to a point where, if you're not betting on sports, people are starting to question why you're watching the game. Paul Solman: For 25-year-old Philadelphia resident Rob Minnick, the gambling gateway was fantasy sports played as a teenager. The switch to sports betting, which he began on illegal and offshore sites before turning the legal age of 21, was all too easy. Rob Minnick: If I was going to hang out with my friends or a family event was going to be happening, the center focal point was a professional sport of some kind. And so this idea that we could do what we were already doing, but now make money doing it, it was like way too good to be true. And it was. Paul Solman: Too good because fun with friends became six to eight hours a day of compulsive gambling. Rob Minnick: Gambling was my way of expressing myself to prove I was smart, to prove I could win, to prove that I was worthy. And the money kind of reflected the scoreboard. Paul Solman: After six years of betting, he joined Gamblers Anonymous, eventually kicking his habit two years ago, and now hosting a podcast "One Day At a Time: Gambling Awareness," talking to people like himself about their struggles. Man: I started sports gambling, which was really what was my biggest vice, when I was 19. Rob Minnick: I'm going to call this an epidemic of addiction that's heading towards the United States, if not already hitting the United States. It's not because the doors opened up and you got access. It's because the doors opened up and people started pulling you through those doors. Man: All right, boys, who are we betting on? Paul Solman: With the ads and come-ons that now buffet us all. Of course, gambling addiction is nothing new, but understanding how big the problem is difficult, as there's no comprehensive national data. The National Council on Problem Gambling estimates about 2.5 million Americans meet the criteria for severe gambling problem, while another 2 percent to 3 percent have a mild or moderate problem. And recent studies found that legal sports betting decreased household savings and investments, led to more bankruptcies and loan delinquencies, even contributed to a rise in domestic violence. Harry Levant, Northeastern University: I made my last bet on April 27, 2014, and on that same night, nearly took my own life. Paul Solman: Former lawyer Harry Levant, disbarred for stealing some $2 million from client funds to fuel his gambling addiction. Now a licensed counselor and advocate for reform, Levant testified before the Senate Judiciary Committee in December. Harry Levant: We have known for more than 12 years that gambling is an addictive product and gambling disorder is an addiction similar to heroin, opioids, tobacco, alcohol and cocaine. Paul Solman: Levant's own struggles began well before the advent of widespread legal sports betting, and he acknowledges that states now receive a cut of gambling revenues to build roads, schools and even fund treatment, like the 1-800 gambler help lines tagging those ads you see everywhere. And so: Harry Levant: I'm sympathetic to the need of our elected officials to balance budgets, but what has happened here is, they have no recognition or very little recognition of the product the gambling industry and its sports and media partners have rolled out. Narrator: This is you, and this is your powerful hunch. Paul Solman: He's pointing to the boom in offerings since the ban was lifted. Narrator: With FanDuel, it's easier than ever to… Paul Solman: Proposition bets, wagers on the first player to score a touchdown at the Super Bowl,the length of the national anthem there, whether Taylor Swift and Travis Kelce get engaged. Jamie Foxx, Actor: BetMGM has got all the sports betting in one place and it's live, baby. Paul Solman: There's live betting, which turns every moment of every game into a betting opportunity, and with A.I. constantly adjusting the odds. Narrator: You have got the power to create your perfect parlay any way you want. Paul Solman: And there are parlays, which string together multiple bets, giving winners potentially sky-high payouts, but stacking the deck hugely in favor of the house, a fact that is not advertised. Man: And we will take an 18 again. Man: Yes, yes. Man: We will get our money back. Paul Solman: Finally, livestreaming on both legal and offshore sites, and featuring influencers like mega-rapper Drake… Man: You want $20,000. Congratulations, man. Paul Solman: … who is paid to play and lure in new players. All the while, the sports books harvest data from users, gaining insight into how to keep customers coming back. Harry Levant: I'd like to say it this way. When the first cave person invented the first wheel, there was some schmuck three caves down laying 3-1 the wheel wouldn't work. Gambling has been around a very long time. It's not going anywhere. But this is a fundamentally new, different, defective and dangerous online product. Paul Solman: Last year, Senator Richard Blumenthal and Representative Andrea Salinas, both Democrats, introduced the Gambling Recovery Investment and Treatment Act to fund treatment and also research. Five states with some form of legal gambling currently offer no funding at all for the treatment, and in September Blumenthal joined Democratic representative Paul Tonko of New York to propose the SAFE Bet Act to limit TV ads, restrict the number and the type of bets, ban A.I. use to track players habits and create micro-bets, among other things. Harry Levant: Every other addictive product, government regulates the advertising, promotion, distribution, and consumption. Paul Solman: Sitting just behind Harry Levant at that Senate hearing in December was the American Gaming Association's Joe Maloney. The AGA says federal regulation not only isn't necessary; it will actually make things. Joe Maloney, American Gaming Association: The advancements in technology are just going to continue to take place. They're just not going to take place in the legal regulated market. Paul Solman: This is the key to the legal industry's argument, that it's taking the action away from illegal gambling, with its loan sharks, kneecappers, and unregulated offshore markets that teenagers like Rob Minnick use. So, for example, in 2022, in Texas and California, which haven't legalized sports betting, the AGA says players spent more than $600 million in the illegal markets. Joe Maloney: Where they're prey to deceptive consumer practices, where there's no promotion of responsibility whatsoever, and there's zero taxes being remitted back into the state for the purposes of providing accessible clinical support for those demonstrating problematic activity or any other priority that they might deem those monies to go to. Paul Solman: The SAFE Bet act is expected to be reintroduced in this Congress, although both Rob Minnick and Harry Levant agree, the legal gambling genie is out of the bottle. Harry Levant: I encourage people to become more aware of what is happening and understand there are serious risks involved and become part of the conversation to bring public health reform, not to prevent people from enjoying gambling, but to prevent an industry and its partners from preying on the public. And, with that, I wish people who are gambling on a Super Bowl for recreational reasons, I wish them well with their bets. Enjoy the game. I'm in Philadelphia right now. I need to say, go, birds. Paul Solman: For the uninitiated, those birds would be the Eagles. And for you all and the "PBS News Hour," Paul Solman in Boston.

 

IN AMENDMENT

 

WHERE IS THE SNAKE MAN FOR LEGAL GAMBLING + ALCOHOL DRINKING + SMOKING CIGARETTES ? I have never seen him, why?

 

02082026

 

CITATION

https://aalbc.com/tc/topic/12447-sport-betting-problems-in-the-usa/#findComment-80044

 

 @ProfD 

On 2/7/2026 at 8:20 PM, ProfD said:

 

Gambling has been huge for almost 100 years now.

Gambling has been huge since humanity existed. Gambling was huge at the time of the pharoahs. But gambling, like all potentially addictive actions [cocaine/chocolate/fornication] can become a self induced crime. But during the time of the pharoahs no potentially addictive actions, that can lead to self induced crime,  were illegalized.

So to get to modernity, where are the black elected officials legislations to legalize addictive actions that will aid black profiteering? I can't find any bills even put to the legislatures? why? 

On 2/8/2026 at 10:21 AM, ProfD said:

So far, about $1.7 billion dollars has been bet on Super Bowl LX.

 

and how much of that is through gambling addiction? 

Comprehend I am not knocking profiteering, but in my eyes, gambling addiction is being deemed an acceptable, not merely legal, but acceptable, why can't the others be acceptable? no one can give any valid reason. 

 

@Pioneer1 

On 2/8/2026 at 7:15 AM, Pioneer1 said:

This is supposedly a "free" country so if people want to waste their money away gambling or MAKE a fortune gambling...it should be their decision.

Are you in support of legalizing all drugs/prostitution/ and other illegal acts, since you share this libertarian position?

On 2/8/2026 at 7:15 AM, Pioneer1 said:

It's really a "problem" only because so much money is being circulated around without taxes being taken out.

Really? gambling is global, taxing across borders is a complex mess. Can you provide a source to your assertion?

I argue gambling addiction has a greater financial negative but because it is dominated by whites, who have the money to gamble, it isn't criminalized in media or the legal system, what say you?

 

On 2/8/2026 at 7:15 AM, Pioneer1 said:

The numbers game was a "problem" too....until the states started running and regulating it and get THEIR cut of the money.....now it's promoted.

Wait a minute the first lotto was in NYC and to be even , white owned nyc media never said the numbers game in harlem was a problem. You know who actually said the numbers was a problem, black media, the black church. The NYPD and the mob, which at that time in nyc was very powerful,  made good money off of the numbers. White media never called the numbers a problem, it was black people, specifically the black churches and its self righteous acolytes  and black individuals who... I will rest my thoughts. 

One thing, the lotto is not a continuation of the numbers, from a statistical perspective, the numbers have better odds than the lotto. The lotto did supplant the numbers in the black populace, and again, led by black churches and their members who.. anyway, the lotto did supplant but it is a lie to say it is a continuation of the numbers. Like legal sports gambling, if you look at the statistical details, it is far worse odds than illegal gambling, whether the numbers or other. 

 

02082026

 

CITATION

https://aalbc.com/tc/topic/12447-sport-betting-problems-in-the-usa/#findComment-80054

 

 @Pioneer1

On 2/8/2026 at 11:39 AM, Pioneer1 said:

Absolutely.
Legalized and regulated.

I didn't comprehend how much a supporter you are of regulation till the following

On 2/8/2026 at 11:39 AM, Pioneer1 said:

Go to any bar, factory, and many street corners and you'll find people gambling freely and not paying taxes on their winnings.

 

i see so a private card game has to be taxed, not easy to implement that, unless invasion of privacy becomes legally acceptable. The federal government has tools to do it, but those tools don't allow the kind of flagrant use needed to tax card games and craps. 

On 2/8/2026 at 11:39 AM, Pioneer1 said:

As far as the racial component.....people of all races tend to gamble so I'm not sure what to say about that.

 

you miss the financial reality of scale. Black people have always gambled as whites but the scales are far different and that matters, numerically, financially, it is not the same scale and thus can't have the same penalty of scale if numerically proportional. Cause if not, then support every single business being to big to fail. the rational behind too big too fail is that the major banks in the banking industry can't fail because of their scale, so scale is accepted by whites in the usa, so blacks, even statian blacks like yourself, should be able to comprehend scale in penalization.and thus white gambling is a higher scale than black gambling in the usa. 

On 2/8/2026 at 11:39 AM, Pioneer1 said:

The same Black church who was GIVING OUT numbers for people to play?

 

the black church was not the main numbers agents ever in nyc, maybe outside nyc, even enough, but in nyc the black churches/black church was never the main agent. Many black people who went to church played numbers cause many black people did, it was a chance to make a dollar. But black churches were not the main agents in nyc. 

On 2/8/2026 at 11:39 AM, Pioneer1 said:

How do you know this?

In nyc you can see the odds for each game on a lotto ticket. They are worse odds than the numbers. A little arithmetic three digits each have ten possibilities, zero to nine three times,  so the odds is ten to the third power, ten times ten time ten,  that is one out of a thousand, that is far better than any legal lotto system. Come on.. if you want to hate the village just say so. But here, don't take my word for it. 

https://www.lotteryusa.com/news/history-of-new-york-illegal-lottery

On 2/8/2026 at 11:39 AM, Pioneer1 said:

Never heard of the state breaking anybody's leg or arm for a gambling debt.
Never heard of the state shooting and killing anybody for trying to pass off a phony winning ticket.


How do you know so much about illegal gambling vs legal gambling?

awwwww

The numbers are different... you just love knocking the village, or maybe you love upsetting me. 

The gambling debt your talking about isn't numbers, or playing cards or dice because you can't play any of them without money upfront. you can't have a gambling debt with cards/dice/numbers... the slot machine, playing the horses, cause you need money to play upfront. 

The only way you can have a gambling debt playing numbers is if you went to a loan shark to get money to play numbers, but you talk about libertarianism, who told you to go to a loan shark? You just championed libertarianism but then when it extends to actions you don't think people should be free to do , you cite crime ahhhh

 

Know so much? In my own mind I don't know anything. But field hand, you haven't figured out anything.  Pioneer porgy,  how was church this morning field hand?

 

 

@ProfD

On 2/8/2026 at 12:09 PM, ProfD said:

Black folks do not how that much power here in the USA.

On 2/8/2026 at 11:09 AM, richardmurray said:

yes, but I amended my point by saying the following 

On 2/8/2026 at 11:09 AM, richardmurray said:

So to get to modernity, where are the black elected officials legislations to legalize addictive actions that will aid black profiteering? I can't find any bills even put to the legislatures? why? 

On 2/8/2026 at 10:21 AM, ProfD said:

I don't mind bills not getting passed, but bills aren't even sent to the floor? why? why not? black elected officials are not busy. They do not work for a living based on the legislature they get passed or put forward so... regardless of not having enough black elected representatives to be a voting black in legislatures, in modernity, each can propose laws. By law, of the country you hold so dear, every single elected officials can put bills to the floor. The reparations bill has not been passed, or turned into a law. but a black elected official, a black woman, [pardon me for forgetting her name] person put it forward. No excuse existed in the past. I didn't suggest laws had to be made. And each black member of congress... any member of congress has the power to put a bill to the floor. No one is stopping any of them. From women members of congress putting equal pay bills to the floor. from paraplegic members of congress putting equal worker protections bills to the floor. 

If they don't want to work, ok, but power has nothing to do with it. Many bills die on the floor. why not more? 

 

02/09/2026

 

CItation

https://aalbc.com/tc/topic/12447-sport-betting-problems-in-the-usa/#findComment-80063

 

osted just now

@Pioneer1 

  21 hours ago, Pioneer1 said:

Wonderful!
The preacher reminded me a lot of YOU...lol.

hahaha:) i am laughing while insulted:) 

please dont tell me his hair was soul glo-ed?

  21 hours ago, Pioneer1 said:

For 4 or 5 hours he demanded everybody remain silent while he read the WHOLE Bible.
He then asked the people did they have any questions.
When a few dared to raise their hands....he SCOLDED them for not paying attention...lol.

you made this up:) no way this is true

 

@ProfD

  5 hours ago, ProfD said:

these organizations exist to protect American freedoms and interests.

is that snide?

  5 hours ago, ProfD said:

As with everything else in the USA, there is an organization, American Gaming Association (AGA), that advocates for gambling.

yes, lobbying is legal in the usa and all monied parties in or out of the usa have lobbies in the usa. But, the presence of lobbies is open, anti gambling and anti guns have lobbies too. Why is it many can talk about the power of lobbies for anti abortion/pro guns/pro gambling but then act like lobbies don't exist for pro abortion/anti gambling/anti guns . Everyside on any issue has a lobby today. So, lobbies aren't an excuse for anything. Elected officials choose the lobbies whose financial support they accept. But again, it is a choice. In terms of black affairs the tobacco lobbies would support a law that will lower their taxation or industrial limits while doing things for black smoking industries like marijuana. Lobbies for womens rights will support laws to legalize prostitution, if said laws offer more impowerment to women 

No profd, every side on all positions has lobbies today. 

Now, if black elected officials have secrets or can be extorted/twisted by lobbies for things they have done or people they have associations with , well that isn't the power of lobbies that is the weakness of elected officials. 

I will never forget when a black elected official was taking money in the new york state assembly and he had his pay money in tupperware. I wasn't angry he got caught, the price of illegal behavior is always the threat of being caught. But, he had dirty money in tupperware in his fridgerator? what kind of "american gangster" put your money behind a bunch of dogs, feces is this. And he has no excuse historically , black people have made accounts in swiss banks. Black people have taken dirty money and not been caught. So if elected officials are fools well ok, but that isn't about the lobbies. 

  5 hours ago, ProfD said:

Politicians dare not bite the hands that are feeding them.

Modern District of Columbia is full of titties from all over the world and in all industries and sectors, full of titties. Change the titty you suckling from. Whatever you want to do, if you have imagination, if you have will, the titty is out there, waiting for your mouth. If you don't want to change the titty you suckling from, your free cause other money is out there, shame on you. If the titty you suckling from has some shackle on you, shame on you. 

 

02112026

 

Citation

https://aalbc.com/tc/topic/12447-sport-betting-problems-in-the-usa/#findComment-80087

osted just now

@ProfD

  On 2/9/2026 at 9:26 PM, ProfD said:

Years ago, we had a politician who told his wife to stuff money in her underwear when federal agents raided their home.

 

you made that up:) a woman with fat titties and a fat kitty. 

 

  On 2/9/2026 at 9:26 PM, ProfD said:

Therein lies the problem. Too many politicians are sucking on one titty or several.

it isn't a problem, you and pioneer always talk about intelligence, well, black elected officials are smart enough to get all they need to suckle and still do the for black populace? aren't they? That is the point of a law maker, make laws to satisfy the titties you suckle from WHILE do for the populace in your voting area. the key is imagination. If they don't have it, shame on them. If they are extorted shame on them.