Do Good Conversations August 25, 2026 - John Krutz

John Krutz has a mission: to stop predatory gambling. But what exactly is gambling—and when does gambling become predatory? Those questions have taken on a new urgency as gambling moves far beyond the casino floor and onto our phones, into sports, politics and even what increasingly look like financial markets. Where does investing end and gambling begin? What happens when a market is built around the human desire to make a quick bet? And what does all of this mean for people who simply can't stop? John Krutz is a professor emeritus at Boise State University's College of Business and Economics. He has studied gambling policy and its economic impacts for decades and serves as chairman of the national board of the Stop Predatory Gambling Foundation. His latest concerns extend into the rapidly expanding world of prediction markets—where billions of dollars can be wagered on everything from elections to sporting events. In this episode, we're asking a deceptively simple question: When does a market become a casino—and who pays the price when it does?

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