Navigated to E255 - Keith Whyte from Safer Gambling Strategies

E255 - Keith Whyte from Safer Gambling Strategies

July 25
36 mins

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Episode Description

On this episode of the Business of Betting Podcast, Jason is joined by Keith Whyte, Founder & President at Safer Gambling Strategies LLC.

Hear them discuss:
01:24 - How Keith got into the space of problem gambling and responsible betting
02:16 - The definition of problem gambling vs. responsible gambling
05:35 - How gambling addiction compares to substance addictions like drugs or alcohol
07:25 - The gender breakdown of gambling addiction and who is most at risk
08:42 - Whether the form of gambling (sports betting, slots, etc.) changes addiction pathology
10:15 - Why gambling addiction is considered a “hidden addiction”
12:46 - What Keith wants betting executives to understand about addiction
17:28 - Keith’s view on operator responsibility and the need for regulatory clarity
20:50 - The challenges of affordability checks and drawing the line on responsible gambling
22:50 - The cost of regulation and its unintended consequences, especially for startups
27:00 - Jason and Keith dive into Kalshi and the convergence of trading and betting
30:50 - Empowering consumers with limit-setting tools and self-awareness
32:12 - Jason on why unfair pricing, not betting itself, is the real issue

 

 

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