Latest / DEEP INSIGHT / Experts say sports micro-betting is sparking gambling addictions among young men
Transcript
- 0:00Speaker 1: This time of March madness, and we're taking a look
- 0:02Speaker 1: at the world of online sports gambling meant for adults,
- 0:06Speaker 1: yet its hold is stronger than ever now on some
- 0:09Speaker 1: teens thanks to new features, experts say amp up the dopamine,
- 0:14Speaker 1: giving them a series of quick fixes, yet it can
- 0:17Speaker 1: lead them into addiction. Now, ABC News has partnered with
- 0:21Speaker 1: our own and affiliated stations in a nationwide investigation called
- 0:25Speaker 1: in on the Action. Here's ABC chief investigative correspondent Aaron Katski.
- 0:31Speaker 2: It's March and for sports fans, the madness is Backland
- 0:37Speaker 2: Saint John's advancing with a buzzer beater, Iowa busting brackets
- 0:41Speaker 2: with a shocker beating defending champion Florida Baris here with
- 0:46Speaker 2: all the action on the court.
- 0:48Speaker 3: Here are my best bet for day one.
- 0:50Speaker 2: It's the online betting action off the court that's attracting
- 0:53Speaker 2: a lot of attention and billions of dollars. With superstars
- 0:57Speaker 2: like Livy Dunn.
- 0:58Speaker 4: My fanatic sports book is making this time tonament ten
- 1:00Speaker 4: times more.
- 1:01Speaker 2: Of rewarding and Tom Brady promoting online gambling.
- 1:04Speaker 3: Wait, what did I do?
- 1:06Speaker 2: But what happens when the fun turns into an addiction?
- 1:09Speaker 5: When I saw these commercials saying, hey, win some money
- 1:11Speaker 5: while you're watching these games. It felt like, Wow, that
- 1:14Speaker 5: looks amazing. I was already watching it. I might as well,
- 1:16Speaker 5: you know, make a little bit of money doing it.
- 1:18Speaker 2: Rob Minnick was in high school scooping ice cream for
- 1:20Speaker 2: minimum wage when he started gambling through a bookie.
- 1:23Speaker 5: This concept that I could make one hundred dollars on
- 1:26Speaker 5: a Phillies game versus you know, working two days.
- 1:29Speaker 3: At the store.
- 1:30Speaker 5: It was like, why would I ever work again?
- 1:32Speaker 2: And when online sports betting became legal, he says, his
- 1:35Speaker 2: addiction escalated.
- 1:37Speaker 5: I put myself into debt six times over the course
- 1:39Speaker 5: of six years, to the point that I had to
- 1:40Speaker 5: work a second job to.
- 1:41Speaker 2: Pay it off. Rob is in recovery now, but for
- 1:44Speaker 2: six years he was part of a generation of young
- 1:46Speaker 2: men enthralled with gambling. Americans In twenty nineteen, legally wagered
- 1:51Speaker 2: roughly thirteen billion dollars on sports alone. Last year, that
- 1:55Speaker 2: figure surpassed one hundred and sixty billion dollars. I plays
- 1:59Speaker 2: my first batten as eleven.
- 2:01Speaker 5: I bet you any time, I'd probably had fifteen apps.
- 2:04Speaker 2: ABC News, along with our own and affiliated stations around
- 2:07Speaker 2: the country, launched a nationwide investigation into the growing link
- 2:11Speaker 2: between youth gambling and the rise in gambling addiction in America.
- 2:14Speaker 3: It's a looming public health crisis. In fact, it's already here.
- 2:18Speaker 2: Doctor Nasir Nakvi runs the Gambling Disorders Clinic at Columbia University.
- 2:22Speaker 2: He has seen gambling problems in people as young as thirteen.
- 2:26Speaker 3: What we find is actually a very similar pattern of activation,
- 2:30Speaker 3: same parts of the brain, same parts of the brain,
- 2:32Speaker 3: drugs and alcohol gambling exactly.
- 2:35Speaker 2: A growing body of research shows that gambling at an
- 2:37Speaker 2: early age can drastically increase the likelihood of developing a
- 2:41Speaker 2: gambling addiction.
- 2:42Speaker 3: The parts of their brains that respond to these rewards
- 2:44Speaker 3: develop more quickly, and so they become sensitive to these
- 2:48Speaker 3: rewards and to that dopamine release before the part of
- 2:51Speaker 3: their brain that helps them to control these behaviors.
- 2:55Speaker 2: Gambling addiction in adults is rare, only about one percent
- 2:58Speaker 2: report addictions. Among young people, up to seven percent develop
- 3:02Speaker 2: gambling problems, including addictions and Knackvie says, the patients he
- 3:07Speaker 2: sees are increasingly devoted to one very specific type of
- 3:10Speaker 2: gambling online sports. You don't have to wait till the
- 3:13Speaker 2: end of the game to see who wins. You can
- 3:14Speaker 2: bet on all sorts of things along the way.
- 3:16Speaker 3: There's a continuous engagement with the betting platforms during the game,
- 3:22Speaker 3: and so it just creates a higher intensity type of
- 3:26Speaker 3: behavior that is that much more addictive.
- 3:29Speaker 2: That continuous engagement is called micro betting or in game
- 3:33Speaker 2: betting and chances to live bet from the first sound
- 3:36Speaker 2: of the final whistle. Micro Betting is about action. It's
- 3:38Speaker 2: about a constant, NonStop delivery. Place your bet, get your fix,
- 3:43Speaker 2: and keep going.
- 3:44Speaker 3: It doesn't stop.
- 3:45Speaker 2: On the opening night of March Madness, we visited a
- 3:47Speaker 2: sports bar in New York City with doctor Harry Levaughn,
- 3:50Speaker 2: a self described recovering gambling addict, clinician and advocate, who
- 3:54Speaker 2: showed us how you can bet on almost any moment
- 3:56Speaker 2: during the course of a sporting event. A pitch, a pot,
- 3:59Speaker 2: a free throw with fifty one seconds, fifty one seconds left.
- 4:03Speaker 3: This is designed for people who were losing their bets.
- 4:06Speaker 2: Here's one more opportunity to bet. Experts believe these in
- 4:09Speaker 2: game bets, perhaps more than any other factor, are responsible
- 4:12Speaker 2: for the surge and gambling addiction among young men. Gambling
- 4:15Speaker 2: has been around from Na dawna time, we are seeing
- 4:19Speaker 2: an enormous increase of people struggling with gaming addiction. Therefore,
- 4:24Speaker 2: one of two things is so.
- 4:25Speaker 3: Either in twenty twenty six, all of our brains have
- 4:28Speaker 3: somehow changed, or.
- 4:30Speaker 2: The product has changed. The product has changed. A trade
- 4:35Speaker 2: group representing some of the biggest sports betting apps. As
- 4:37Speaker 2: the industry does everything it can to prevent gambling addiction,
- 4:40Speaker 2: including built in wager limits, time limits, and deposit limits.
- 4:45Speaker 6: Our companies continue to communicate that this is an entertainment
- 4:48Speaker 6: exercise and not a wealth creation exercise.
- 4:51Speaker 2: Levan has helped author state and federal legislation that would
- 4:54Speaker 2: prompt big changes in sports betting, including banning in game
- 4:58Speaker 2: bettings supported by artificial and intelligence.
- 5:01Speaker 6: We are not trying to outlaw sports gampling or trying
- 5:04Speaker 6: to make it safer.
- 5:06Speaker 2: But with millions of dollars in tax revenue coming in
- 5:08Speaker 2: every year, it's an uphill battle. Numbers crunched by ABC's
- 5:12Speaker 2: data teams show online sportsbooks generated at least three point
- 5:15Speaker 2: seven billion dollars in taxes for state and local governments
- 5:18Speaker 2: in twenty twenty five, up nearly a billion dollars from
- 5:21Speaker 2: the prior year. In New York, gaming apps, brought in
- 5:24Speaker 2: more than two hundred million dollars more than table games
- 5:26Speaker 2: and slots in one month alone. Lawmakers in California are
- 5:30Speaker 2: introducing legislation that would mandate more stringent age verification tools
- 5:34Speaker 2: and apps and regulate how companies advertise.
- 5:37Speaker 4: This is an opportunity for us to get ahead of
- 5:39Speaker 4: the problem. Finally.
- 5:40Speaker 2: Jim Steyer runs Common Sense Media, the nation's largest children's
- 5:43Speaker 2: advocacy group. He says most young people bet on video
- 5:47Speaker 2: game platforms or offshore sites and now prediction markets like
- 5:51Speaker 2: Calci and Polymarket. Many children also manage to gain access
- 5:55Speaker 2: to legalized forms of betting like sports books.
- 5:58Speaker 3: We're giving you ten profit books every single tournament.
- 6:01Speaker 2: Gamebag and with ads like these flooding the airwaves and
- 6:04Speaker 2: social media, and with a.
- 6:06Speaker 4: Table, you're betting the king sports books.
- 6:09Speaker 2: Critics say these platforms are normalizing a known addictive product.
- 6:13Speaker 4: The young people are being targeted without really understanding it.
- 6:17Speaker 4: That is a very serious concern.
- 6:19Speaker 2: Industry leaders say they have a zero tolerance policy for
- 6:22Speaker 2: youth gambling. In addition to age restrictions in their absent
- 6:25Speaker 2: on their ads, they require a social Security number and
- 6:27Speaker 2: bank account to register.
- 6:29Speaker 6: This is a product for adults and adults only. That
- 6:33Speaker 6: means not advertising on college campuses, not casting actors or
- 6:39Speaker 6: character portrayals below the age of twenty one on any
- 6:42Speaker 6: advertising or known to attract younger audiences.
- 6:45Speaker 2: They pulled out the BETMGM app and put together a
- 6:47Speaker 2: live parlay. The normalization of gambling in America means that
- 6:50Speaker 2: kids often first learn about gambling from their favorite celebrities
- 6:54Speaker 2: or sports idols before parents can educate them about the risks.
- 6:58Speaker 4: You have to have an ongoing discuss with your kids
- 7:00Speaker 4: about this all day, about not just media and technology,
- 7:04Speaker 4: but now about the gambling factor.
- 7:06Speaker 2: Rob placed his last bet in twenty twenty two.
- 7:09Speaker 5: I gambled compulsively for six years.
- 7:11Speaker 2: Now he's on social media, devoting his time to help others.
- 7:14Speaker 2: He hears from teens every day.
- 7:16Speaker 5: This is my life now. No one cares enough about
- 7:18Speaker 5: the gambling addicts except for ourselves to do anything about it.
- 7:21Speaker 5: If it means that I have to make tiktoks out
- 7:23Speaker 5: of my little cubby in my second bedroom here until
- 7:26Speaker 5: the day that I die, I guess that is what
- 7:27Speaker 5: it is.