WEBVTT - Sen. Richard Blumenthal on the SAFE Bet Act

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<v Speaker 1>Push Kim.

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<v Speaker 2>Hey there everyone, it's Michael Lewis here. Welcome back to

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<v Speaker 2>Against the Rules.

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<v Speaker 1>Just now.

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<v Speaker 2>There are lots of political conversations happening in the United

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<v Speaker 2>States that some of us might have thought were over.

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<v Speaker 2>Politics feels upended, chaotic, certainly distracting.

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<v Speaker 1>But here's my point.

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<v Speaker 2>This conversation we've been having here on this show about

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<v Speaker 2>the rise of sports betting in the United States. Many

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<v Speaker 2>people once thought that conversation was completely over. This sports

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<v Speaker 2>betting was de facto illegal forever, with only a few exceptions,

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<v Speaker 2>and furthermore, that the issue would never come up again

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<v Speaker 2>because politicians had decided it. As you may recall, way

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<v Speaker 2>back in the early nineteen nineties, a new Jersey Senator

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<v Speaker 2>named Bill Bradley introduced a bill to keep most states

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<v Speaker 2>from legalizing sports betting. Bradley wasn't just any old senator.

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<v Speaker 2>He'd been a beloved college and professional basketball star. When

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<v Speaker 2>he spoke out about the corrosive effects of sports gambling,

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<v Speaker 2>people listened.

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<v Speaker 3>So I passed this little bill. Who it was not

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<v Speaker 3>a big bill. It was a little bill that banned

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<v Speaker 3>sports betting in the states that didn't have it, and

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<v Speaker 3>it was the law of the Land, and I felt

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<v Speaker 3>good about it.

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<v Speaker 2>That law was called the Professional and Amateur Sports Protection

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<v Speaker 2>Act PASPA, and it held for a couple of decades.

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<v Speaker 2>Earlier this season, I told the story of what happened next. Basically,

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<v Speaker 2>a single state began to challenge PASPA, New Jersey in

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<v Speaker 2>twenty and eleven, and folks in the state of New

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<v Speaker 2>Jersey voted yesterday to legalize sports betting. So eventually the

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<v Speaker 2>issue went all the way to the Supreme Court, and

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<v Speaker 2>the Supreme Court overturned PASPA. Starting in twenty eighteen, states

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<v Speaker 2>were allowed to legalize sports betting, and as of now,

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<v Speaker 2>thirty nine states.

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<v Speaker 1>Have done so.

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<v Speaker 2>For most of the season, I've been reporting on the consequences.

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<v Speaker 2>We've heard about gambling addicts who ruin their lives, college

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<v Speaker 2>and pro athletes who are threatened by angry fans, state

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<v Speaker 2>regulators trying to do anything at all to stop companies

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<v Speaker 2>from luring in under age betters. So the last place

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<v Speaker 2>to go this season is a question who now is

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<v Speaker 2>in a position to do anything about any of this?

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<v Speaker 2>Are there any lawmakers stepping in to be Bill Bradley

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<v Speaker 2>this time around? Democratic Connecticut Senator Richard Blumenthal has stepped

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<v Speaker 2>into this role. He's been on a mission to regulate

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<v Speaker 2>sports betting since it was legalized, and with a US

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<v Speaker 2>Congressman from New York, he's introduced a bill that would

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<v Speaker 2>place restrictions on sports gambling company's ability to advertise and

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<v Speaker 2>offer inducement bets, among other things. The lawmakers say sports

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<v Speaker 2>gambling is turning into a public health crisis.

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<v Speaker 1>I called up Senator.

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<v Speaker 2>Blumenthal and I asked him, how did this issue get

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<v Speaker 2>on his radar In the first place.

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<v Speaker 4>I was working on addiction in various spheres of life.

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<v Speaker 4>I sued the big tobacco companies because they were attracting

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<v Speaker 4>and addicting kids to nikochine. I have been active on

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<v Speaker 4>alcohol issues, drunk driving, and I got to know some

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<v Speaker 4>people who had real life stories about how sports betting

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<v Speaker 4>literally ruined their lives, broke apart, their families, ended their careers,

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<v Speaker 4>and I became more and more interested in how sports

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<v Speaker 4>betting operates. I was approached by people who heard that

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<v Speaker 4>colleges had entered into contracts with the casinos they're promote gambling.

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<v Speaker 4>Absolutely mind boggling that colleges would promote gambling among kids

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<v Speaker 4>who were not permitted legally to gamble. So it is

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<v Speaker 4>a pervasive and huge industry in America, and nobody's focused

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<v Speaker 4>on the serious damaging consequences.

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<v Speaker 2>It's kind of shocking to me that more people aren't

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<v Speaker 2>upset right now.

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<v Speaker 4>First of all, it appears so benign. I mean, what

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<v Speaker 4>could go wrong sports betting? Sports is good betting, Hey,

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<v Speaker 4>everybody bets. Second, a lot of it is invisible. You know,

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<v Speaker 4>it's no longer placing a bet to a physical person

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<v Speaker 4>the bookie who then in the old days was a

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<v Speaker 4>part of the mob in essence and could use the

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<v Speaker 4>mob to extort. There were physical consequences and crime involved

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<v Speaker 4>in sports betting. Third, I think that there is a

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<v Speaker 4>kind of denial that takes place, as it does with

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<v Speaker 4>any addiction. You know, people are in denial often about

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<v Speaker 4>alcoholism or drug addictions, and gambling addiction is no different.

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<v Speaker 4>People don't want to acknowledge they're going through a divorce

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<v Speaker 4>or separation because the financial problems and the frustrations of

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<v Speaker 4>the spouse or significant other rose to a level that

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<v Speaker 4>would no longer sustain the relationship.

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<v Speaker 1>I learned about sports betting.

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<v Speaker 2>My tool is the pen. I can write about it,

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<v Speaker 2>I can talk about it. You're a senator, you can

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<v Speaker 2>do something about it. How does the issue rise to

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<v Speaker 2>the level of concern with you and then that you

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<v Speaker 2>might actually take some action, introduce some legislation.

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<v Speaker 4>How does a legislator get the idea for a new law.

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<v Speaker 4>It's often just by listening or reading. So I was

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<v Speaker 4>listening to people who told me about this problem. I

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<v Speaker 4>am not a sports better nothing wrong with sports betting,

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<v Speaker 4>per se. Keep in mind, I'm not trying to ban

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<v Speaker 4>in sports betting. Yeah, just make sure there are safeguards

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<v Speaker 4>to stop problem.

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<v Speaker 1>Gambling before you even write the law.

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<v Speaker 2>Do you just kind of even sound out your colleagues

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<v Speaker 2>to see if there's any hope for such a law passing.

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<v Speaker 4>I do talk to colleagues to determine whether they're interested,

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<v Speaker 4>whether other like minded colleagues would want to join me.

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<v Speaker 4>And I also talk to experts in the field, because

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<v Speaker 4>I don't trust my own judgment alone. I want to

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<v Speaker 4>talk to the problem gambling experts, and I talk to

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<v Speaker 4>leaders in the Senate, for example, what are the chances

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<v Speaker 4>of this thing getting passed? What do you think about it?

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<v Speaker 4>Let me have a hearing. That's the second part of

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<v Speaker 4>what we do. Try to build the public case for legislation,

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<v Speaker 4>and then that you know, after the legislation is written

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<v Speaker 4>and I introduce it and we have hearings, then at

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<v Speaker 4>some point the committee will hopefully vote it out of

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<v Speaker 4>committee to the floor of the United States Senate where

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<v Speaker 4>it would pass. Obviously it has to go through the

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<v Speaker 4>House of Representative as well. That's the legislative process. In

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<v Speaker 4>thumbnail sketch.

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<v Speaker 2>And you're after talking to experts and talking to the

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<v Speaker 2>people in your districts, and what did you decide needed

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<v Speaker 2>to be done at the federal level, what did the

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<v Speaker 2>law need to do.

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<v Speaker 4>I was a federal prosecutor back in the day. I

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<v Speaker 4>was the US attorney and connected. We did some criminal

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<v Speaker 4>cases against the mob extortion people, and I learned something

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<v Speaker 4>about bookies and sports betting and so forth in the

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<v Speaker 4>old days. What impressed me about this industry was how

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<v Speaker 4>advanced it is technological, how they can target you because

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<v Speaker 4>they know you really like to bet on whether the

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<v Speaker 4>quarterback is going to be tackled eighteen times in the

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<v Speaker 4>first quarter, or whether you want to bet on whether

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<v Speaker 4>so and so, you know running back will catch a

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<v Speaker 4>touchdown in the third quarter. There are all these are

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<v Speaker 4>kain different ways to bet these days prop betting as

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<v Speaker 4>it's called, and the reason it's possible is because the

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<v Speaker 4>technology is so advanced that you can make that beack.

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<v Speaker 4>But also it enables them to pitch you with promotions

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<v Speaker 4>and bonuses, and if you haven't bet before, they can

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<v Speaker 4>offer you a free bet no lose bet. Yeah, And

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<v Speaker 4>then if you win, of course you're going to bet again,

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<v Speaker 4>and they'll pitch you again and again. And here's the

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<v Speaker 4>other dirty little secret here. If you're losing, they will

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<v Speaker 4>continue to target you. That's the way they make money.

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<v Speaker 4>If you're winning, they throttle you. That's the term. They

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<v Speaker 4>don't want you to bet because when you win, it

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<v Speaker 4>means less money for them, the sports betting company. So

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<v Speaker 4>that's what attracted me in the sense of wanting to

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<v Speaker 4>do something about it, because it seems so unfair that

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<v Speaker 4>the house, so to speak, had this technological advantage through

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<v Speaker 4>algorithms and artificial intelligence that could put you at a

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<v Speaker 4>disadvantage not just in a single bet, but also make

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<v Speaker 4>you more vulnerable to problem gambling.

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<v Speaker 2>When we return, I find out exactly how Senator Bluementhal

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<v Speaker 2>wants to regulate sports camp like on the federal level

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<v Speaker 2>and encourage states to regulate it as well. We're back

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<v Speaker 2>with Connecticut Senator Richard Blumenthal. I will say that his bill,

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<v Speaker 2>introduced in the fall of two thousan twenty four with

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<v Speaker 2>the New York Democratic Congressman Paul Tonko, has a much

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<v Speaker 2>better acronym than PASPA. It's called Supporting Affordability and Fairness

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<v Speaker 2>with Every Bet, or the Safe Bet Act.

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<v Speaker 4>There are two approaches to the legislation. One is to

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<v Speaker 4>try to set standards for those promotions and pitches and

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<v Speaker 4>the hours when they can do advertising. And the other

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<v Speaker 4>bill is to take money from the excise tax. You know,

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<v Speaker 4>there's a point zero two five excise tax on all gambling,

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<v Speaker 4>and to use part of it for treatment of problem gambling.

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<v Speaker 4>So I kind of took a while to come up

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<v Speaker 4>with the two approaches.

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<v Speaker 2>The first approach is the one that interests me most

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<v Speaker 2>because the gambling industry is perfectly happy to have all

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<v Speaker 2>the attention focused on the problem gambler like it's their fault.

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<v Speaker 2>It has nothing to do with the way the environment

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<v Speaker 2>is designed to create in mind addiction, and in fact,

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<v Speaker 2>the playbook of the gambler industry from before sports gambling

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<v Speaker 2>has been to sort of like, oh, people need to

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<v Speaker 2>learn how to control themselves. And there's some people who

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<v Speaker 2>have an illness and we'll just treat them. So this

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<v Speaker 2>first part attempts to kind of constrict the industry.

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<v Speaker 1>What do you think needs to be done?

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<v Speaker 4>The framework of this bill is fairly straightforward. First of all,

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<v Speaker 4>betting anywhere in any state requires that there be state standards.

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<v Speaker 4>We want the states to be actively involved, but the

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<v Speaker 4>standards have to comply with certain minimums set in federal legislation,

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<v Speaker 4>and those minimums prohibit, for example, sports betting broadcast advertising

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<v Speaker 4>between eight am and ten PM. Prohibits sports betting advertising

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<v Speaker 4>during the sporting event, advertisements designed to induce gambling with

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<v Speaker 4>bonus no sweat bonus bets. We prohibit sports betting advertising

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<v Speaker 4>designed to induce use of gambling products by showing audiences

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<v Speaker 4>how to gamble or explaining how wagers work. But those

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<v Speaker 4>are all advertising constraints.

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<v Speaker 1>What's number two on your list?

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<v Speaker 4>Second aspect relates to affordability, and that is for the

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<v Speaker 4>promoters or the sports betting businesses to avoid exploiting people

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<v Speaker 4>when they know they can't afford what they're doing. Basically

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<v Speaker 4>prohibits operators from accepting more than five deposits from a

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<v Speaker 4>single customer in a twenty four hour period, prohibits operators

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<v Speaker 4>from accepting deposits via credit card. It requires affordability checks

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<v Speaker 4>if there is a certain amount of gambling, and it

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<v Speaker 4>requires a national clearinghouse for people to be able to

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<v Speaker 4>exclude themselves. This point is really important. It is, you know,

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<v Speaker 4>the self exclusion part. A lot of people know they're

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<v Speaker 4>betting too much, you know, they know they're getting in

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<v Speaker 4>over their heads, and they want to be able to stop.

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<v Speaker 4>But the nature of addiction, obviously is they can't stop

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<v Speaker 4>as long as you know the betting is out there

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<v Speaker 4>right in front of them. So if you know, you

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<v Speaker 4>know you're looking at your wife, you're looking at your kids,

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<v Speaker 4>you're getting into death, that's going to force you to

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<v Speaker 4>give up your house, and you say yourself, I got

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<v Speaker 4>to stop. I need help. I want someone to tell

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<v Speaker 4>me you can't gamble. So there is a possibility for

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<v Speaker 4>self exclusion to stop not just the advertising, but also

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<v Speaker 4>potentially the access.

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<v Speaker 2>So if I put my name on this list, I

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<v Speaker 2>can't just take my name off that the list when

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<v Speaker 2>I want to when I want to gamble, I put

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<v Speaker 2>it on the list, and it's I'm stuck.

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<v Speaker 4>That's roughly the way it works. I mean, at a

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<v Speaker 4>at a certain point you could probably take your name

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<v Speaker 4>off the list. It's not you're not bound forever, but

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<v Speaker 4>at least then you turn on you know, your computer

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<v Speaker 4>or you know your cell phone. This is how you

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<v Speaker 4>bet your smartphone now is your casino. You're in a casino, yep.

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<v Speaker 4>And we want you to be able to say to

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<v Speaker 4>that smartphone, look, I just picked it up. I want

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<v Speaker 4>to gamble, and it says no. And then I realize

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<v Speaker 4>this is how I get into trouble. And you put

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<v Speaker 4>the smartphone back down and you go on to do

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<v Speaker 4>something else and it catches you before you used to

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<v Speaker 4>come Now, I'm far from naive. This is not a

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<v Speaker 4>full proof that method of breaking an addiction, right. You know,

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<v Speaker 4>there are all kinds of different ways to break gambling addiction,

0:15:19.116 --> 0:15:21.236
<v Speaker 4>just as there are nicotine you know, some people use

0:15:21.276 --> 0:15:25.916
<v Speaker 4>a patch, some people can do it without anything. It's

0:15:25.996 --> 0:15:30.476
<v Speaker 4>hard to break nicotine addiction, just like any drug addiction.

0:15:30.556 --> 0:15:32.916
<v Speaker 4>But it's also hard to break gambling addiction.

0:15:33.596 --> 0:15:36.116
<v Speaker 2>You know, it's interesting you're in this piece of the

0:15:36.196 --> 0:15:39.836
<v Speaker 2>legislation where you're dealing with the kind of like forcing

0:15:39.876 --> 0:15:42.876
<v Speaker 2>some of the responsibility for the behavior of the gamblers

0:15:43.996 --> 0:15:48.756
<v Speaker 2>onto the companies that are benefiting from their behavior. One

0:15:48.756 --> 0:15:51.396
<v Speaker 2>of the things that's just been shocking to me is

0:15:52.316 --> 0:15:57.556
<v Speaker 2>state by state, the gambling industry has has persuaded regulators

0:15:57.556 --> 0:16:00.996
<v Speaker 2>that that they of course need to be able to

0:16:01.036 --> 0:16:06.396
<v Speaker 2>monitor the activity of their customers, the gamblers. And the

0:16:07.156 --> 0:16:09.876
<v Speaker 2>reason is that they say is that we want to

0:16:09.916 --> 0:16:11.716
<v Speaker 2>you know, we want to be able to identify gamblers

0:16:11.716 --> 0:16:13.476
<v Speaker 2>who are doing things they shouldn't be doing it's bad

0:16:13.516 --> 0:16:16.276
<v Speaker 2>for them. In fact, the only thing they do is

0:16:16.356 --> 0:16:18.596
<v Speaker 2>monitor for the people who are winning and know what

0:16:18.636 --> 0:16:21.196
<v Speaker 2>they're doing so they can chuck them off the platforms.

0:16:21.556 --> 0:16:24.876
<v Speaker 2>And the state regulators we've talked to know of no

0:16:24.996 --> 0:16:27.756
<v Speaker 2>case like where the company said you've got to stop

0:16:27.796 --> 0:16:31.316
<v Speaker 2>because you have a problem, and a lot of cases

0:16:31.356 --> 0:16:34.036
<v Speaker 2>where people come and say, I have a problem. You know,

0:16:34.196 --> 0:16:36.516
<v Speaker 2>you got to kind of limit me, and and the

0:16:36.516 --> 0:16:41.036
<v Speaker 2>companies continues to pitch to them. We know that the

0:16:41.076 --> 0:16:43.636
<v Speaker 2>companies know they have such great data on their on

0:16:43.676 --> 0:16:47.516
<v Speaker 2>the gamblers. We know that they can identify problem gamblers

0:16:47.556 --> 0:16:52.276
<v Speaker 2>better than problem gamblers probably could ever be identified in history. Uh,

0:16:52.356 --> 0:16:54.796
<v Speaker 2>how do you how do you how do you regulate this, like,

0:16:54.836 --> 0:16:58.556
<v Speaker 2>how do you actually force the issue so that they

0:16:58.556 --> 0:17:01.236
<v Speaker 2>get in real trouble. Do you put regulators inside the

0:17:01.276 --> 0:17:04.596
<v Speaker 2>gambling companies? Do you you just you trust them to report?

0:17:04.796 --> 0:17:11.996
<v Speaker 4>That question goes to the next provision of the legislation,

0:17:12.836 --> 0:17:17.596
<v Speaker 4>which relates to artificial intelligence. This legislation would prohibit the

0:17:17.676 --> 0:17:23.516
<v Speaker 4>use of AI artificial intelligence to track and individual gamblers

0:17:24.156 --> 0:17:27.636
<v Speaker 4>habits yep. And it would also prohibit the use of

0:17:27.676 --> 0:17:34.036
<v Speaker 4>AI to create individualized offers and promotions the customers. I

0:17:34.116 --> 0:17:42.396
<v Speaker 4>was describing earlier hypothetical and how the gambling industry can

0:17:42.636 --> 0:17:46.476
<v Speaker 4>target people who are winning and if they are losing,

0:17:46.676 --> 0:17:50.996
<v Speaker 4>and what kinds of bets they like to place, what

0:17:51.236 --> 0:17:57.356
<v Speaker 4>sports and so forth, and the sports betting companies can't

0:17:57.356 --> 0:18:00.916
<v Speaker 4>do it without artificial intelligence. So the prohibition against that

0:18:01.036 --> 0:18:06.956
<v Speaker 4>kind of tracking and individualized promoting is very important. So, no,

0:18:07.116 --> 0:18:12.596
<v Speaker 4>we don't put regulators inside the companies. And you know,

0:18:12.876 --> 0:18:15.796
<v Speaker 4>in an ideal world, we might be a little bit

0:18:15.836 --> 0:18:20.716
<v Speaker 4>more heavy handed in terms of the intervention in the companies.

0:18:21.596 --> 0:18:25.556
<v Speaker 4>I've tried to think through this concept of a duty

0:18:25.596 --> 0:18:29.996
<v Speaker 4>of care. You know, if you're a bartender in a

0:18:30.036 --> 0:18:34.276
<v Speaker 4>bar and you serve somebody who is drunk a drink

0:18:34.796 --> 0:18:40.956
<v Speaker 4>and that person hits and kills another person behind the wheel.

0:18:42.356 --> 0:18:46.796
<v Speaker 4>You have in most states, I think it maybe all

0:18:46.836 --> 0:18:53.276
<v Speaker 4>states now a liability. The tobacco companies have been held liable.

0:18:53.676 --> 0:18:57.116
<v Speaker 4>I know because I sued them and we got quite

0:18:57.116 --> 0:18:59.676
<v Speaker 4>a bit of money. But we also changed their practices

0:19:00.316 --> 0:19:05.636
<v Speaker 4>and now they are often held liable if they deceive people.

0:19:06.796 --> 0:19:11.116
<v Speaker 4>We can't stop them from selling cigarette, but they can

0:19:11.196 --> 0:19:18.556
<v Speaker 4>be held responsible for breaches of their duty. And the

0:19:18.596 --> 0:19:24.156
<v Speaker 4>importance here of taking or eliminating some of the means

0:19:24.196 --> 0:19:30.596
<v Speaker 4>that are used that promote addiction. The goal here is

0:19:30.596 --> 0:19:36.516
<v Speaker 4>to increase the standards that states apply when they regulate gambling.

0:19:36.556 --> 0:19:40.036
<v Speaker 4>They are the regulators. Ultimately, we're not going to regulate

0:19:40.076 --> 0:19:45.516
<v Speaker 4>it with a federal gambling regulatory authority. We're not creating

0:19:45.756 --> 0:19:48.916
<v Speaker 4>a new bureaucracy. We want to make sure that these

0:19:48.956 --> 0:19:50.796
<v Speaker 4>standards are enforceable.

0:19:51.476 --> 0:19:54.156
<v Speaker 2>Who make sure at the federal level that the states

0:19:54.156 --> 0:19:55.836
<v Speaker 2>are meeting the minimum standards.

0:19:56.436 --> 0:19:58.156
<v Speaker 1>There's got to be some federal oversight.

0:19:58.516 --> 0:20:03.996
<v Speaker 4>In effect, the federal government would ban gambling if they

0:20:04.036 --> 0:20:09.556
<v Speaker 4>fail to meet the standards, and the enforcement authority for

0:20:09.716 --> 0:20:13.396
<v Speaker 4>taking action by the federal government would be the Department

0:20:13.396 --> 0:20:17.196
<v Speaker 4>of Justice. The Department of Justice has ultimate authority to

0:20:17.316 --> 0:20:22.996
<v Speaker 4>say those standards in Connecticut or New York meet the

0:20:23.036 --> 0:20:26.956
<v Speaker 4>federal minimums. They're doing everything they need to do. We

0:20:26.996 --> 0:20:30.796
<v Speaker 4>also prohibit the use of AI to create gambling products

0:20:30.836 --> 0:20:33.396
<v Speaker 4>like micro bets on amateur sports.

0:20:33.636 --> 0:20:36.756
<v Speaker 2>Oh, you ban bets on amateur sports.

0:20:36.796 --> 0:20:43.436
<v Speaker 4>We prohibit bets on amateur sports, with some exceptions for Olympics, Paralympics,

0:20:43.516 --> 0:20:52.676
<v Speaker 4>and some college sports. We also prohibit all proposition bets

0:20:53.356 --> 0:20:56.636
<v Speaker 4>featuring college or Olympic athletes.

0:20:56.756 --> 0:21:00.116
<v Speaker 2>So this is very clearly a dark side of this

0:21:00.356 --> 0:21:03.876
<v Speaker 2>is the pressure on young people who are playing sports

0:21:04.676 --> 0:21:08.836
<v Speaker 2>to modify the betters who are betting on their behavior,

0:21:09.236 --> 0:21:12.676
<v Speaker 2>and the threats they're getting are it's just it's crazy.

0:21:12.716 --> 0:21:15.156
<v Speaker 2>They feel like they're essentially they feel like they're all

0:21:15.196 --> 0:21:18.316
<v Speaker 2>working for the mob, and the mob is going to

0:21:18.316 --> 0:21:20.436
<v Speaker 2>come decap them if they don't do the thing they're

0:21:20.436 --> 0:21:22.316
<v Speaker 2>supposed to do on the field, or don't do it.

0:21:24.236 --> 0:21:26.236
<v Speaker 2>On that thought, I'm going to interrupt myself so we

0:21:26.236 --> 0:21:30.076
<v Speaker 2>can take a quick break. When't we return, Senator Blumenthal

0:21:30.156 --> 0:21:32.596
<v Speaker 2>talks about why it's important to get sports gambling on

0:21:32.636 --> 0:21:35.676
<v Speaker 2>the nation's radar as a public health issue? Can I

0:21:35.716 --> 0:21:51.956
<v Speaker 2>do a little lobbying of my own? I'm back with

0:21:52.036 --> 0:21:55.076
<v Speaker 2>Senator Richard Blumenthal. I asked him what else he wants

0:21:55.076 --> 0:21:57.356
<v Speaker 2>to see happen besides the passage of his own Safe

0:21:57.396 --> 0:21:57.916
<v Speaker 2>Bet Act.

0:21:58.276 --> 0:22:01.836
<v Speaker 4>This may sound inconsequential, but it could be important. A

0:22:01.916 --> 0:22:06.916
<v Speaker 4>Surgeon General report on the public health impacts of sports betting,

0:22:07.476 --> 0:22:10.156
<v Speaker 4>which goes to the very first question that you asked me.

0:22:11.036 --> 0:22:14.956
<v Speaker 4>Why aren't there others who care about this issue? There's

0:22:14.996 --> 0:22:22.556
<v Speaker 4>a very powerful, well resourced in industry that wants to

0:22:22.636 --> 0:22:27.956
<v Speaker 4>squelch awareness. And the challenge here is to elevate to

0:22:28.236 --> 0:22:32.476
<v Speaker 4>raise awareness, partly to get this legislation done, but also

0:22:32.636 --> 0:22:39.716
<v Speaker 4>because erasing the self denial, getting families to focus on

0:22:39.956 --> 0:22:43.276
<v Speaker 4>the problem. Gambler, Well, maybe people will begin asking that

0:22:43.396 --> 0:22:48.716
<v Speaker 4>question like they do now with alcoholism, you know, bring

0:22:48.756 --> 0:22:49.556
<v Speaker 4>it out in the open.

0:22:50.196 --> 0:22:52.636
<v Speaker 2>What I'm curious, does the sports gambling industry and the

0:22:52.676 --> 0:22:55.916
<v Speaker 2>sports gambling problem remind you of anything specifically?

0:22:56.356 --> 0:22:57.196
<v Speaker 1>What's the precedent?

0:22:58.476 --> 0:23:01.676
<v Speaker 4>It reminds me a lot about tobacco. You know, there

0:23:01.756 --> 0:23:06.996
<v Speaker 4>was a time when advertisements for smoking actually had doctors

0:23:07.196 --> 0:23:12.996
<v Speaker 4>in their white coats recommending Chesterfield I remember very vividly

0:23:13.036 --> 0:23:19.116
<v Speaker 4>because my mom smoked. Eventually, unfortunately she died from diseases

0:23:19.436 --> 0:23:23.236
<v Speaker 4>related to tobacco. But I can remember the ads that said,

0:23:23.276 --> 0:23:29.916
<v Speaker 4>in effect, doctors recommend Chesterfield cigarettes like this is healthy

0:23:29.996 --> 0:23:34.516
<v Speaker 4>for you, helps you lose weight well in a certain way.

0:23:34.556 --> 0:23:40.676
<v Speaker 4>I'm reminded of it because it's a seemingly harmless activity

0:23:40.756 --> 0:23:46.196
<v Speaker 4>with an invisible effect that can be highly disruptive. Sports

0:23:46.196 --> 0:23:49.556
<v Speaker 4>bending industry is tremendously powerful, Needless to say, I've heard

0:23:49.556 --> 0:23:53.036
<v Speaker 4>from them and they want me to go away. They

0:23:53.676 --> 0:24:01.476
<v Speaker 4>have huge resources to lobby and to do advertising, and

0:24:01.956 --> 0:24:06.276
<v Speaker 4>they are engaged in both to a great scale. But

0:24:06.316 --> 0:24:10.196
<v Speaker 4>the tobacco industry was also very, very powerful, and they

0:24:10.236 --> 0:24:13.396
<v Speaker 4>spend a lot of money to try to keep us

0:24:14.156 --> 0:24:20.836
<v Speaker 4>silent and stop our litigation and in effect, to see people.

0:24:21.436 --> 0:24:22.596
<v Speaker 1>You think the future is for the bill.

0:24:22.916 --> 0:24:27.916
<v Speaker 4>I think at some point the bill will pass. I

0:24:27.996 --> 0:24:31.796
<v Speaker 4>can't tell you when. I also think that states will

0:24:32.236 --> 0:24:37.956
<v Speaker 4>raise their standards on their own, because the public awareness

0:24:37.956 --> 0:24:42.956
<v Speaker 4>we're generating will affect state legislatures. I was a state

0:24:42.956 --> 0:24:47.316
<v Speaker 4>attorney general of Connecticut, and before that job, I was

0:24:47.356 --> 0:24:50.116
<v Speaker 4>in the state legislature. It is so much easier to

0:24:50.116 --> 0:24:54.156
<v Speaker 4>get things done in state legislatures than it is in

0:24:54.356 --> 0:24:57.596
<v Speaker 4>the United States capital because the stakes are so much

0:24:57.636 --> 0:25:00.596
<v Speaker 4>higher here. I want to put in a plug for

0:25:00.676 --> 0:25:07.156
<v Speaker 4>my other act. I do think that channeling money into

0:25:08.356 --> 0:25:14.796
<v Speaker 4>problem gambling addiction treatment is very, very important. You know,

0:25:14.876 --> 0:25:18.836
<v Speaker 4>we have programs to treat all the other addictions, literally,

0:25:18.996 --> 0:25:23.916
<v Speaker 4>all the other addictions, none for gambling addiction. And so

0:25:24.156 --> 0:25:28.676
<v Speaker 4>taking a part of the revenue that comes to the

0:25:28.716 --> 0:25:32.476
<v Speaker 4>government as a result of gambling or sports betting, I

0:25:32.516 --> 0:25:37.396
<v Speaker 4>think appropriately could be used for state programs as well

0:25:37.436 --> 0:25:42.316
<v Speaker 4>as federal programs to treat gambling addiction. And I think

0:25:42.476 --> 0:25:47.836
<v Speaker 4>that bill is the more likely to pass more quickly

0:25:50.116 --> 0:25:55.556
<v Speaker 4>because it may arouse less opposition from the industry for

0:25:55.596 --> 0:25:58.516
<v Speaker 4>the very reason that you have said. A lot of

0:25:58.516 --> 0:26:01.076
<v Speaker 4>the companies are more than happy to say, oh, we

0:26:01.156 --> 0:26:04.476
<v Speaker 4>have no problem gambling, and whenever we encounter it, of

0:26:04.556 --> 0:26:07.276
<v Speaker 4>course we offer programs to deal with.

0:26:07.636 --> 0:26:09.996
<v Speaker 1>Right, I'm gonna let you go, but I do I

0:26:09.996 --> 0:26:11.756
<v Speaker 1>do want to pitch you what I think needs to

0:26:11.756 --> 0:26:12.196
<v Speaker 1>be done.

0:26:13.356 --> 0:26:16.276
<v Speaker 2>So at the top of my list and my wish

0:26:16.316 --> 0:26:19.396
<v Speaker 2>list for any bill would be a ban on advertising

0:26:20.076 --> 0:26:25.596
<v Speaker 2>explicit a statement of the odds of the bets so

0:26:25.596 --> 0:26:31.076
<v Speaker 2>so that you see so there's some transparency there and

0:26:31.156 --> 0:26:34.836
<v Speaker 2>the how the how this gets done is again tricky.

0:26:34.916 --> 0:26:39.116
<v Speaker 2>But the using of the technology, they have to understand

0:26:39.116 --> 0:26:41.476
<v Speaker 2>the gambler for the purposes that they say they're using

0:26:41.516 --> 0:26:43.396
<v Speaker 2>it for, which is to identify the problem gambler and

0:26:43.436 --> 0:26:46.476
<v Speaker 2>prevent them from getting into trouble. Unlike the cigarette companies

0:26:46.476 --> 0:26:48.796
<v Speaker 2>who don't know their customers. You know, they knew generally

0:26:48.836 --> 0:26:51.196
<v Speaker 2>that people were getting addicted, but in this case, you

0:26:51.316 --> 0:26:55.116
<v Speaker 2>know that Joe Bob has got a problem, and and

0:26:55.396 --> 0:26:58.396
<v Speaker 2>you could just stop Joe Bob from gambling, and it's

0:26:58.516 --> 0:27:00.836
<v Speaker 2>it's it's it is in theory really.

0:27:00.636 --> 0:27:01.916
<v Speaker 1>Fixable in some ways.

0:27:02.036 --> 0:27:05.196
<v Speaker 2>And to foist that responsibility upon them because they have

0:27:05.316 --> 0:27:09.396
<v Speaker 2>the knowledge and so those would be like the big

0:27:09.796 --> 0:27:13.436
<v Speaker 2>my Big three. There's a whole gray market which isn't

0:27:13.436 --> 0:27:15.436
<v Speaker 2>fan duel and draftings because they don't want to get

0:27:15.476 --> 0:27:19.356
<v Speaker 2>in this kind of trouble, but the marketing of an

0:27:19.556 --> 0:27:22.796
<v Speaker 2>exploitation of minors. There isn't a high school in the country,

0:27:22.836 --> 0:27:25.556
<v Speaker 2>I bet where there aren't kids gambling on sports. And

0:27:26.476 --> 0:27:29.036
<v Speaker 2>in college it's like sixty percent of the men on

0:27:29.076 --> 0:27:30.396
<v Speaker 2>college campuses.

0:27:29.956 --> 0:27:31.076
<v Speaker 1>Are gambling on sports.

0:27:31.636 --> 0:27:36.516
<v Speaker 2>Most those people are underage, So hammering people for taking

0:27:36.596 --> 0:27:39.996
<v Speaker 2>underage bets because that's a period, especially with young men,

0:27:40.316 --> 0:27:44.956
<v Speaker 2>those brains are very vulnerable and if you can if

0:27:44.996 --> 0:27:47.596
<v Speaker 2>you can protect people in that window, they have a

0:27:47.636 --> 0:27:49.556
<v Speaker 2>much better chance of never getting into trouble in the

0:27:49.556 --> 0:27:50.076
<v Speaker 2>first place.

0:27:50.596 --> 0:27:54.636
<v Speaker 4>Those are great ideas. I love all of them. On

0:27:54.716 --> 0:27:59.076
<v Speaker 4>the underage gambling issue, enforcement has always been a problem,

0:27:59.276 --> 0:28:04.516
<v Speaker 4>you know, whether it's tobacco, liquor anything involving social media.

0:28:06.076 --> 0:28:10.596
<v Speaker 4>Age verification is really problematic because kids are ahead of

0:28:10.596 --> 0:28:11.436
<v Speaker 4>our technology.

0:28:11.516 --> 0:28:15.476
<v Speaker 1>Yeah, I understand you, and I yes, I understand. I understand,

0:28:15.516 --> 0:28:17.596
<v Speaker 1>but at least banging that drum a little bit.

0:28:18.196 --> 0:28:21.516
<v Speaker 2>I really appreciate you giving us all this time. You

0:28:22.276 --> 0:28:26.316
<v Speaker 2>got important things to do, and so thank you, and

0:28:26.356 --> 0:28:29.596
<v Speaker 2>good luck with dealing with this tornado.

0:28:29.796 --> 0:28:32.796
<v Speaker 4>Thank you, take care, Bye bye bye bye.

0:28:34.076 --> 0:28:37.756
<v Speaker 2>Richard Blumenthal is a Democratic US Senator from Connecticut who

0:28:37.796 --> 0:28:40.876
<v Speaker 2>introduced the Safe Bet Act with New York Congressman Paul

0:28:40.916 --> 0:28:44.716
<v Speaker 2>Tonko in twenty twenty four. With everything else that's going

0:28:44.716 --> 0:28:47.996
<v Speaker 2>on in Washington right now, he's realistic about the bill's chances.

0:28:48.716 --> 0:28:51.916
<v Speaker 2>But nothing ventured, nothing gained. I like to think that's

0:28:51.916 --> 0:28:54.276
<v Speaker 2>a spirit of Against the Rules too, along.

0:28:53.956 --> 0:28:57.876
<v Speaker 4>With anybody can win, but everybody's going to lose anyway.

0:28:57.876 --> 0:28:59.516
<v Speaker 1>Thanks so much for coming along this season.

0:28:59.676 --> 0:29:01.116
<v Speaker 2>I've got to take a break here so i can

0:29:01.156 --> 0:29:03.836
<v Speaker 2>start reporting from my next book. You'll be hearing about

0:29:03.876 --> 0:29:05.876
<v Speaker 2>it soon enough, and I'll be popping back into this

0:29:05.956 --> 0:29:09.156
<v Speaker 2>feed with other announcements and projects before you know it.

0:29:09.196 --> 0:29:11.916
<v Speaker 2>So don't go away, and don't gamble your life away.

0:29:12.156 --> 0:29:21.836
<v Speaker 2>It's a hard way to make an easy living. Against

0:29:21.876 --> 0:29:24.396
<v Speaker 2>the Rules is written and hosted by me Michael Lewis

0:29:24.876 --> 0:29:29.396
<v Speaker 2>and produced by Lydia gene Kott, Catherine Gerardeau, and Ariella Markowitz.

0:29:30.316 --> 0:29:34.316
<v Speaker 2>Our editor is Julia Barton. Our engineer is Sarah Bruguier.

0:29:35.516 --> 0:29:38.596
<v Speaker 2>Against the Rules is a production of Pushkin Industries. To

0:29:38.636 --> 0:29:43.756
<v Speaker 2>find more Pushkin podcasts, listen on the iHeartRadio app, Apple Podcasts,

0:29:44.196 --> 0:29:47.236
<v Speaker 2>or wherever you listen to podcasts, and if you'd like

0:29:47.316 --> 0:29:50.676
<v Speaker 2>to listen to ad free and learn about other exclusive offerings,

0:29:51.156 --> 0:29:53.956
<v Speaker 2>don't forget to sign up for a Pushkin Plus subscription

0:29:54.396 --> 0:29:58.276
<v Speaker 2>at Pushkin dot fm, slash Plus or on our Apple

0:29:58.316 --> 0:29:59.676
<v Speaker 2>show page.