Jonathan D. Cohen Quotes

The sports leagues and their gambling partners ... conspired with state governments to place what he calls a “landmine” in front of young people. Many of these young people will be able to avoid gambling or avoid incurring any harm from gambling. Many will not. Most do not realize how addictive it can be, how much attention, time, and money it can suck away. So they download the app onto their phone, eager to add some excitement to the games they love, not realizing this can be the start of a dangerous journey.

Between May 2018 and August 2024, Americans gambled $308 billion through legal sportsbooks, including $121 billion in 2023, more than they spent that year on video games, movie tickets, music streaming services, books, and concert tickets combined.

As the tobacco industry knew with its lectures to high schoolers informing them that smoking is only for adults, the best way to ensure young people are interested in doing something is to tell them they are not allowed to do it.

He was addicted to the dopamine high that came with the feeling of a bet hanging on the outcome of a game, having a stake in something he could not control. “Since I started gambling, I could turn every day—no matter how much work/school/ stress I had into the most exciting day of the year,” he later wrote in his journal. He would bet in the shower. He would bet while driving. Betting became his reason to wake up in the morning. He would place a wager before he fell asleep and wake up eagerly to check the result. Regardless of the outcome, he would place another bet, his action the only thing that could motivate him to get out of bed and start the day.

A study from Australia finds that each problem gambler financially or psychologically affects five others—for example through requests for money—so even a modest increase in the percentage of people with a gambling disorder will impact millions of people.

Much of sportsbooks’ behavior is obviously less about competing with the black market and instead about cultivating a new generation of gamblers. “Anybody under twenty-five they have their eye on,” one former FanDuel employee said of their old company. The vast majority of these bettors would likely never have bet illegally. But the companies know that young people are crucial for their bottom line, that bettors between the ages of twenty-five and thirty-five are “the guys that bring you all the money,” the former FanDueler told me.

[New Jersey Democratic senator Bill Bradley] feared the spread of problem gambling, that legalized gambling would supplement rather than supplant illegal gambling, and most of all, the threat of the corruption of sports and of America’s youth. “When young people see the State involved in gambling on sports, can there be any doubt that they will think that that’s what sport is all about?

Colorado had the misfortune of launching legal sports betting at the height of the COVID-19 pandemic, when all major professional sports leagues were shut down. Some people, like Garnett, were willing to place bets that would not be decided for months (the Broncos finished 5–11). Others wanted action right away, wherever on the globe they could find it. Among the most popular sports in those early months were South Korean baseball, Costa Rican soccer, and Russian ping-pong. In May and June, Coloradans bet $15.7 million—roughly a quarter of the total bet on all sports—on table tennis, which was exciting, fast paced, and played at all hours of the day. Even if many bettors were simply picking players at random, they were not going to miss the chance for convenient, legal betting.