388. The Economics of Sports Gambling

An economist calls America’s beef industry a “miracle.” An antitrust scholar calls it “broken.” Maybe they’re both right? SOURCES:Austin Frerick, agriculture antitrust expert, fellow at Yale University, author of Barons: Money, Power, and the Corruption of America's Food Industry ...  Show more

That’s the question at the heart of a battle between Kalshi and state gambling regulators. As prediction markets boom, there are other questions, too — about insider trading, market manipulation, and whether the public has turned against them. (Part two of a two-part series.) SOU ...  Show more

In this deep dive, we explore the booming business of online sports betting, a multi-billion-dollar industry reshaped by a landmark 2018 Supreme Court ruling. From the dominance of FanDuel and DraftKings to the untapped potential in states like Texas and California, we uncover ...

After a 2018 Supreme Court decision kicked off a wave of legalization across America, sports gambling has become an integral part of how fans consume sports and how leagues make money. But with high-profile athletes caught up in betting scandals, a windfall welcomed by the sports ...  Show more

In this episode we examine America’s favorite pastime: gambling. With loosening regulations, the explosion of online betting sites, and the full support of major sports leagues, sportsbetting has become ripe for scam. In this episode we meet an accountant who worked the system an ...  Show more

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 t ...  Show more