For decades, Alabama lawmakers have debated whether expanding gambling could generate new revenue for the state. But what happens when the state itself has a financial stake in citizens losing money?
On this episode of Alabama Policy Insights, Stephanie Smith sits down with Les Bernal, National Director of Stop Predatory Gambling, to examine the economic and social costs of government-sanctioned gambling.
They discuss the argument that gambling is “free money” for state budgets, the rapid shift from lottery tickets and casinos to gambling apps available 24/7, the targeting of young adults through sports betting, and whether legalization actually reduces illegal gambling. They also explore the emerging world of prediction markets and the tension between federal regulation and state gambling laws.
Plus, Les explains why opposition to predatory gambling has brought together conservatives, progressives, faith communities, and consumer advocates—and what Alabamians can do if they want to get involved.
Is gambling expansion really an economic win—or does the house always win?