Sports agent and media analyst Doug Eldridge warned Saturday on Newsmax that the explosive growth of sports betting poses a growing integrity threat to professional and even younger athletes, as federal prosecutors move forward with criminal cases tied to an alleged multimillion-dollar NBA gambling operation.
Eldridge appeared on “Saturday Report” and said the industry’s growth is creating real exposure.
“Sports betting in the United States generated $13.7 billion in revenue last year. That was a 25% hike from the previous year,” he said. He added that, structurally, “when you have a $13 billion industry that’s increasing 25% per year, it’s effectively illegal in three-quarters of the states. There’s always going to be that temptation.”
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