Sports gambling addiction epidemic fueled by some combination of psychology, economics, and politics

Statistical Modeling, Causal Inference, and Social Science 2024-09-08

We’ve written about this before, for example:

2012: There are four ways to get fired from Caesars: (1) theft, (2) sexual harassment, (3) running an experiment without a control group, and (4) keeping a gambling addict away from the casino

2022: Again on the problems with technology that makes it more convenient to gamble away your money

2023: There are five ways to get fired from Caesars: (1) theft, (2) sexual harassment, (3) running an experiment without a control group, (4) keeping a gambling addict away from the casino, (5) refusing to promote gambling to college students

Corbin Smith shares some new stories on the unfortunately topical subject of gambling addiction and how it relates to the financing and the sports media. In his article, Smith implicitly makes a strong case that to understand the problem you need to think about interactions between psychology, economics, and politics. The sports, news, and entertainment media are pushing gambling so hard. I guess that in the future we will look back on the present era and laugh/cringe in the same way that we laugh/cringe at the “Mad Men”-style drinking and smoking culture from the 1950s.