Boys & Men Online
First things first: On June 18th at 1 pm ET, we’re hosting a live conversation [https://aibm.org/events/the-gamblification-of-everything/] about “the gamblification of everything” with economic commentator kyla scanlon [https://substack.com/profile/13311420-kyla-scanlon], Fantatics CEO Matt King [https://www.fanaticsinc.com/matt-king], and our own Jonathan D. Cohen [https://substack.com/profile/99301014-jonathan-d-cohen]. Germán López [https://substack.com/profile/206131211-german-lopez] of the New York Times will moderate the discussion and take your questions. It’s sure to be a fascinating conversation about what the normalization of online gambling is doing to our culture, politics, and mental health. You can register here [https://us06web.zoom.us/webinar/register/WN_CmP0rol2TdOAGqlCjJiEMQ#/registration]. This week’s episode is an appetizer of sorts. I called up Jon Cohen, who leads our work on sports betting policy, to better understand the history of gambling in the United States as we approach our 250th anniversary of independence. Jon notes that we describe the American dream as a story of pluck. But there has always been another version of the American dream built on luck. When people believe that the system is rigged and the economic ladder is blocked, a lucky break starts to look like the only way up. Online sports betting and prediction markets have arrived during a populist moment of deep institutional distrust. Many Americans believe the experts are wrong, elites are corrupt, and the financial game is stacked against them. Prediction markets channel the mood: the pundits must be wrong, and betting becomes a way to assert one’s agency. Except the vast majority of regular users end up losing money. The rhetoric is empowerment, but the business model is extraction. Still, Jon reminds us to never accept the present as permanent. Since the founding of the United States, lotteries spread, provoked backlash, disappeared in many places, survived through exceptions like the Louisiana Lottery, and eventually reemerged through state lotteries beginning in New Hampshire in 1964. Even if gambling will always exist in some form, it doesn’t have to be as addictive, ubiquitous, and harmful as it has become in 2026. We also discuss: * The OG American dream: How a lottery helped fund the Jamestown colony * The phones changed everything: Pro-social forms of gambling like a neighborhood raffle or poker night with friends are becoming displaced by apps that function more like slot machines: speed, repetition, anticipation, and reward. * Addiction is not just in the brain: We discuss Hanna Pickard’s What Would You Do Alone in a Cage with Nothing But Cocaine? and its implications for sports bettors. * The takeaways from the case of Carl Jacobson, the New Haven police chief who reportedly embezzled public money while gambling millions [https://www.newhavenindependent.org/2026/02/23/jacobson-wont-be-last-official-to-fail-while-sports-betting/] through legal betting platforms. * The real reason why Colorado’s recent reform bill is significant, despite getting watered down on the way to Governor Polis’ signature. * Why young men, in particular, need stronger guardrails to prevent disastrous financial harm. * The three approaches AIBM is taking to reduce the harms of sports betting and prediction markets without resorting to prohibition. Don’t forget, you can register for the June 18th webinar here [https://us06web.zoom.us/webinar/register/WN_CmP0rol2TdOAGqlCjJiEMQ#/registration]. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.menonline.org [https://www.menonline.org?utm_medium=podcast&utm_campaign=CTA_1]
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