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¡°The issue is the scope of harm of the product,¡± says Levant, who was disbarred for stealing from his clients to support his addiction. ¡°I hurt my kids, my wife, my clients and my friends. Each person struggling hurts others.¡±
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Local radio is also benefiting from sportsbooks seasonal ad spending strategy. According to Inside Radio, after a lull of several months in marketing activity, for the week of September 5 (which coincided with the start of the 2022 NFL season) three sportsbook companies ranked among the top 100 advertisers. DraftKings led, ranking ninth among all advertisers with 28,945 AM/FM spot occurrences, the most radio ads run by a sportsbook advertiser in any week. FanDuel ran 11,268 ads ranking 52nd and Caesars Sportsbook aired 6,766 messages ranking #86. BIA recently increased its radio ad spend forecast for sportsbooks from $150 million to $164 million for the year.
There is an argument to be made that legalization may lessen the stigma around sports betting and lead to healthier conversations about it. But there¡¯s a flip side to that, too. Umali said he never had any kind of addiction before he started playing online poker and that he would never have begun playing had it not been legal.
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