Why America Can't Afford To Stop Gambling

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Why America Can't Afford To Stop Gambling



The biggest sports betting advertiser in America isn't FanDuel, it's Kalshi, and not one of its 5.2 billion ads had to carry a gambling warning. This covers Robinhood earning more from prediction markets than stocks, the New York Stock Exchange owner putting two billion into Polymarket, Penn National buying Barstool for $163 million, New York suing Kalshi and losing to a federal agency, the SAFE Bet Act, $72 million spent on both parties, and the 20 cents of every dollar bet that comes out of savings. If you're tired of hearing Gen Z is just bad with money, watch this.

Chapters:
00:00
Intro
01:32 Everyone Who Couldn't Say No
11:43 Why Nobody Can Stop It
17:49 The Last Bet Left
 

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