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This is an iHeart podcast. Guaranteed Human this summer. Find your next obsession on Prime. Steamy romance, addictive love stories and the book to screen favorites you've already read twice off campus, Elle, the Love Hypothesis and more. Slow burns, second chances chemistry you can feel through the screen. It's all here. Binge worthy series. Can't miss movies. Your next obsession is waiting.
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Newt Gingrich
Welcome to Newt's World Podcast on the Iheart Podcast Network. I want to take a minute as we are talking about the tax season. April 15th is the classic American day when all of us look at the federal government and realize that that's where a lot of our money went. And there's some fascinating things going on. The one big Beautiful bill passed July 4th last year is actually working. And that's important. Remember, the theory of the one big beautiful bill is that if we reduce taxes, leave more money in your pocket, allow small businesses in particular to have more resources so they can grow, hire more people, that in fact the economy will get better. And if you'll notice, despite all the problems, despite the war with Iran, despite the challenges of getting oil out of the Strait of Hormuz, the economy overall has been remarkably strong and remarkably stable. And we keep adding jobs. And remember when you see those job numbers, that's after reducing the federal employment by 350,000 people. So we're actually adding so many private sector jobs that we are more than making up for the degree to which the Trump administration has shrunk the federal bureaucracy. But let me just give you some examples. This year, the Internal Revenue Service is issuing higher refunds with an average of about $3,462, which is about 10% more than last year. Last year, they gave out $3,116. The bigger refund checks reflect the major tax cuts passed in the one big beautiful bill. And remember, it's not just the tax cuts and the refunds in the short run. But no tax on tips is going to be a huge break for millions of Americans who work hard. No tax on overtime is a big break, including, for example, for emergency workers where there are hurricanes or earthquakes or forest fires and they have to work overtime and now they won't have to pay taxes on the overtime they're earning. There are a huge increase in the child tax credit, so families with children will have more resources to raise their children. There are a number of things happening in the tax area. Almost all of them are for higher income, greater investment, more jobs, and a more prosperous American future. So it's sort of useful this April to stop, take stock and realize that, in fact, we are turning the corner towards a more prosperous, healthier, and dramatically, economically better off America. Coming up, I'm joined by Dr. Greg Gansky, former Congressman who represented Iowa's 4th district. His recent op eds on online sports betting caught my attention.
Prime Video Narrator
Obsession is in session. And this summer, prime has everything you steamy romances, irresistible love stories, and the book to screen favorites you've already read twice off campus.
Dr. Greg Gansky
This is the part where I tell you all the things I want to do to you.
Prime Video Narrator
Elle, can you think of anything more fun and fearless? Every year after the Love Hypothesis Sterling point and more slow burns second chances chemistry you can feel through the screen your next obsession is waiting. Watch only on Prime.
Public Investing Advertiser
Support for the show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc, SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comDisclosures
Firestone Tires Advertiser
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Deciding on what to listen to is hard. Using Xumo to stream music from iheart 90s radio is easy or play Iheart Country Classics Radio or Hip Hop Beats your choice. All for free. Stream Easy with Zumo Play. Get live and on demand entertainment with no logins, no signups, no accounts counts, no hassle. Get cozy on the couch and binge your favorite movies like Hollywood Homicide starring Harrison Ford, the Call starring Halle Berry and more. All streaming free on Zumo Play. Go to play.zumo.com now. Life is hard. Zumo is easy.
Newt Gingrich
I am really pleased to welcome my guest Dr. Greg Gansky, former member of Congress representing Iowa's 4th district. Very good personal friend who I spent a lot of time with over the years. A retired plastic and reconstructive surgeon, a retired U.S. army Reserve lieutenant colonel, and frankly one of the smartest people I've ever worked with with an Amazing background and he's got some ideas that have me intrigued. Greg, welcome and thank you for joining me on Newt's World.
Dr. Greg Gansky
Well, thank you, Newt, for having me on. It's really nice to talk to you.
Newt Gingrich
You did two recent op eds. One, sports are too important to be ruined by betting. And the second one, Internet betting is a bad bet and a public health crisis. I read all of your stuff. These two really caught my attention. Frankly. I have a deep traditional conservative bias about betting in general as a terrible misuse of money and also teaching people the wrong things about life. But in particular, we've seen this explosion of online sports betting and now we have this whole prediction markets betting thing. I'm really delighted that you're raising this issue because I think we ought to look very closely at both of these industries. You argue that sports are foundational to personal development. In your judgment, what do young people gain from sports that they really can't get anywhere else?
Dr. Greg Gansky
Well, part of the reason that I'm concerned about this betting problem is because I think sports are so important. They're important to the development of young people. They teach discipline, teamwork, working hard to goals and I think the lessons that you learn on the playing fields, what was it Wellington who said Waterloo was one on the playing fields of Eton? I think that's still true. And all you have to do is look at how important sports is in our society. It's multi trillion dollar industry. And the thing that concerns me about the betting is that sports is dependent on trusting the integrity of the results. If people start questioning who wins and who loses and whether this pitch that is thrown into the dirt is now possibly caused by somebody trying to throw the game, you're going to lose with young people the respect for sports that they should have and you're going to significantly hurt all the benefits of sports for all generations. I mean, here in Iowa we don't have a professional sports team, but a lot of people follow professional sports. They pick a team and it helps build a sense of community in following that team. And it cuts across all economic classes and is exceedingly important for, I think, encouraging a sense of community. And all these things are at risk if sports is deemed as not being honest. We just had an example in the Winter Olympics where this French ice skating judge gave the French pairs team an unbelievably high score which caused them to beat the American team. And everyone who watched the competition questioned that judge's grading. And this has gone on the Olympics for quite a while. But when you throw in huge amounts of money that could result in people unfairly winning betting amounts of money. I think it just magnifies the problem that we have in many different sports with how the refs call the game.
Newt Gingrich
You approach it from both sides in that you also raise the issue that some significant number, maybe 2 to 4 million Americans, actually have gambling addiction. And in a sense, putting all this online empowers that addiction and increases the amount of undermining of their lives by making it so easy. Yeah.
Dr. Greg Gansky
Under the medical diagnostic codes, there's a classification for a gambling addiction. And basically, it defines a person who has persistent and recurrent problems of gambling that causes, you know, loss of control, economic disaster, chasing losses to try to get even, lying to families, risking their jobs, going bankrupt. And that's maybe 2 to 4 million Americans. But there's another risk which is not quite so severe, and that's, you know, you could add another 10 million Americans who are very close to a gambling addiction. But the interesting thing is that about 60% of bettors account for just about 1% of the sportsbook revenue, but that leaves 99% of the sports bet revenue coming from 40% of bettors. And so there's this huge gray area of millions of Americans, particularly young men, but even many young women today also, who have what we would call problematic gambling behavior. And they have mood swings, increased rates of anxiety, obsessive obsessions, intrusive thoughts. They're more likely to miss classes, drink alcohol, do other risky behaviors. And I think this really kind of hit home for me when I was watching some of the march madness games with my brother and sister. They both have several daughters who are in their early 20s. And they were talking about how their daughters, boyfriends would come over, and they'd be watching the games, and the guys would be on their cell phones all during the game, placing bets, bets on what immediately is going to happen. And both my sister and brother said they've strongly advised their daughters not to continue dating those guys. But this addiction is interesting because physiologically, for the individual, it's been shown that the act of gambling causes increased dopamine release in the brain. And that's similar to the type of thing that happens when you take opioids. You get a release of dopamine, and it gives you this sort of sense of euphoria. But for gambling is interesting because it happens not just when you win, but it happens when you lose. That may be part of the reason why it's well known that people tend to, you know, chase their losing bets and so there's a physiological component to this. You don't have a physical withdrawal like you might from alcohol, but you definitely can have a psychological withdrawal. And so this is a problem. You know, it's a problem for individuals. It's a problem for state governments, the national government. It's a problem globally. Because globally, a recent report by Lancet showed that about 450 million people in the world are betting very frequently. I think this is something that we need to start looking at in terms of a real health problem. This is a problem of national health and international health concern.
Newt Gingrich
When we come back, the risk of sports betting and how that is changing the sports industry
Prime Video Narrator
obsession is in session and this summer prime has everything you want. Steamy romances, irresistible love stories and the book to screen favorites you've already read twice off campus.
Dr. Greg Gansky
This is the part where I tell you all the things I want to do to you.
Prime Video Narrator
Elle.
Newt Gingrich
Can you think of anything more fun and fearless?
Prime Video Narrator
Every year after the Love Hypothesis, Sterling point and more slow burns, second chances chemistry you can feel through the screen your next obsession is waiting. Watch only on Prime.
Public Investing Advertiser
Support for the show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screenshots thousands of stocks, builds a one of a kind index and lets you back test it against the S P500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Income Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comDisclosures
Firestone Tires Advertiser
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Newt Gingrich
You wrote that the benefits of sports hinges on its integrity. How do you see potentially that integrity being undermined by the sheer scale of money now being bet on games and on sports activities?
Dr. Greg Gansky
All you have to do is watch TV and you can see the ubiquitous gambling ads on TV, FanDuel and others. You see sports heroes like Rob Gronkowski pitching FanDuel during the Super Bowl. Gronkowski was touting for FanDuel, this deal where you could put a $5 bet down and double your money if he made a field goal during halftime. The gambling industry, the amounts of money, it's a little hard to calculate, but we're talking about probably close to a trillion dollars. And globally, we may be talking about 850 million plus in losses. So the scale and then all of these sports associations like the NBA and the NFL, and just the other day I saw the pga, the Professional Golf association, entering into associations and contracts with these gambling entities. And the gambling groups, they say, well, you know, this is just a matter of free speech, free activity. It doesn't amount to very much. But the sports leagues, Major League Baseball, others, they're making millions and millions off this association. And I just think it's really unhealthy because they're legitimizing this behavior, which can be very damaging when you have this
Newt Gingrich
sheer volume of money. The temptation for some athletes to somehow change their behavior for financial compensation becomes pretty amazing. And frankly, if you're already a professional anyway and you're playing to make money, the fact that you're going to make money differently undermines the sports ethos, but it doesn't necessarily undermine the income ethos.
Dr. Greg Gansky
Newt, we've had examples for a long time of cheating in sports. Pete Rose was banned for betting on his own team. He was betting that his own team would win. Remember when Rosie Ruiz jumped in halfway into the Boston Marathon, East Germans doped their athletes Lance Armstrong was stripped of Tour de France titles. And we've had NBA betting scandals in the past, like in 2002 and 2007. So we've had these episodes of cheating in the past. But what is so much different now is this association between the ease of betting and gambling. All you need is a cell phone and a credit card. So you're then throwing huge amounts of money into the gambling problem. And there's a temptation then for cheating to now involve mega millions of dollars. So what have we had? Well, In October of 2025, the FBI exposed this gambling scandal that involved coach Chauncey Billups and several players. And, you know, mafia associates were using insider information to manipulate NBA bets and over 30 individuals were charged. So now every time when an NBA player misses a shot that could determine the game, you're wondering, well, wait a minute, was there a bet? Even more so the point shaving that can go on. And I think this is a problem not just at the very top, but for instance in basketball with the March Madness where you have the mid majors, you have all these players who know that they're probably never going to play in the NBA. They're probably not getting much money from nil. And so they're approached by these underworld figures and say, you know, if you just don't play as hard the first half so they can shave the point spread on the first half, then go ahead, Mr. Basketball Player, go ahead and you play hard the rest of the game and then you aren't really fixing the gain. But they sure have fixed the betting for, let's say, what the spread would be at the end of the first half. This then is going to hit at whether the average person watching these sports can really think that this is an honest event. And I think that if people start thinking that it's not an honest event, then the sport loses a lot of its appeal.
Newt Gingrich
You have the long term degrading of the sport. I don't understand the entire transition in paying college athletes and then allowing them to switch colleges, et cetera. It's rapidly becoming so different from the world you and I grew up in. I remember somebody once said that you'd never get a modern baseball player to play with the intensity of players in the 1920s, because in the 1920s they weren't paid very much and they were playing because they really liked baseball. And now you have such huge contracts, it's really dangerous for them to get too injured because the amount of money involved is so great. And that changes a lot. I think of the tone of what we're discussing. Let me ask you about one other part of that though, which is we've been talking about sports betting. Where are you on this whole emerging prediction markets betting with platforms like Kalshi and Polymarket.
Dr. Greg Gansky
I think it's huge because again, it's combining our cell phones with an ease of betting. You know, the average person spends about four and a half hours a day on their smartphone and then you make it so that you can bet before you get out of bed. You just grab your cell phone and then you go on a betting app. Well, then these entities like Kalshee and others are basically getting around the gambling rules by saying that what they're doing is they're creating a market. It's regulated by the government organization that controls futures and commodities and the cftc, which probably is not adequately able to control this. And so, you know, you have every bit as much the possibility of cheating on these sites as well as with the sports betting. It has gotten to the point where, you know, there's been bets on whether politicians could be assassinated. The results of elections. Well, Newt, we already know that there's huge incentives for abuse in elections and then you throw in the gaming aspect to it and it puts a lot of things at risk. So I would say that this is something that should also be addressed in terms of what you were talking about with the sports thing. I think President Trump was right in terms of trying to put some limits on transfers of athletes and things like that. But I think that if you and I were back in Congress, we would be looking at trying to do something to handle this gaming problem which is metastasizing to everything.
Newt Gingrich
Coming up, what should Congress do to enact meaningful change in regulating the sports betting industry?
Prime Video Narrator
Obsession is in session and this summer, prime has everything you want. Steamy romances, irresistible love stories and the book to screen favorites you've already read twice off campus.
Dr. Greg Gansky
This is the part where I tell you all the things I want to do to you.
Prime Video Narrator
Elle, can you think of anything more fun and fearless? Every year after the Love hypothesis, Sterling point and more slow burns, second chances chemistry you can feel through the skin screen. Your next obsession is waiting. Watch only on Prime.
Public Investing Advertiser
Support for the show comes from public, the investing platform for those who take it seriously. On public, you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index. With AI it all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year. You can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Investors Advisors, llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comDisclosures
Firestone Tires Advertiser
Real value shows up in reliability. You don't have to second guess Like a set of Firestone All Season tires. They're designed to deliver confidence inspiring wet weather, traction and a quieter ride no matter the road, season after season. Firestone All Season tires for durability you can count on just like people count on you. Firestone always dependable since 1900.
Xumo Advertiser
Deciding on what to listen to is hard. Using Xumo to stream music from iheart 90s radio is easy or play Iheart Country Classics radio or Hip Hop Beats your choice. All for free. Stream easy with Zumo Play. Get live and on demand entertainment with no logins or free. No signups, no accounts, no hassle. Get cozy on the couch and binge your favorite movies like Hollywood Homicide starring Harrison Ford, the Call starring Halle Berry and more. All streaming free on Zumo Play Go to play.zumo.com now life is hard. Zumo is easy.
Newt Gingrich
Traditionally, you know, and this is what makes this whole thing so you look at a place like Las Vegas. Casinos had real guardrails and they had real state authorities and they had controls about how much they could rig the game, et cetera. But now we're in a wild west online, which reaches everybody. In a sense, when you regulate Vegas, you're regulating the people who can afford to go to Vegas. But now everybody has an opportunity in what is really a pretty unregulated environment. From your perspective, if you were in Congress, what would you be calling for?
Dr. Greg Gansky
There have been calls for regulating aspects of gambling. They just haven't become law yet. There's a law that's been proposed called the Bets off act, which would ban insider training on these prediction markets that we were just talking about there's a bipartisan bill that has proposed that at least 1/3 of the federal excise tax on sports wagers would go into supporting gambling addiction prevention and treatment services. There's another bill called the GRIT act, which proposes setting aside 50% of federal sports excise tax for treatment and research at the NIH on gambling addiction. And, you know, I think that's pretty important because the gambling interests have promoted some research on how gambling is not so bad. Obviously they're paying for that research, and we need an independent group on that. I think that we should look at treating this as a public health problem like we've looked at tobacco and alcohol. You know, I was involved with one of the early drafts for the Tobacco Regulation Act. We could do things like regulate advertisements on TV for gambling. You could require that players set annual loss limits, and you could have, like, mandatory firewalls to prevent excessive borrowing. This one would, I'm sure, would be really fought by the gambling industry. But you could prohibit the use of credit cards for gambling. And you should put strict age limits on who can gamble. And you should make sure that those age limits are verified. You could restrict ATMs from places like at some of the sports venues. They have special rooms in the stadiums. I think in New Jersey, there's a place, one of the stadiums has a special place where you can go and place your bets. Different things that we could do. But I want to emphasize, because this is a personal matter and that was that a former congressman, Jim Leach, was a good friend of mine from Iowa. He passed a bill as the banking chairman that limited access to Internet gambling by offshore entities, which were mainly organized crime. The gambling industry targeted Jim in his re election that year. They mobilized to get out the vote effort of all the gamblers in his district. And he lost a close election by 6,000 votes. And I think it was due to that activity by the gambling industry. The gambling industry itself contributes something like $800 million a year to lobbying in Washington. And a study from a few years ago showed that more than half of the congressmen had received donations from gambling interests, especially the ones that are involved on committees that deal with gambling or could deal with gambling. And so this is something that, you know, needs some public exposure. I think when I ran for Congress, I told my fundraisers, I said, listen, we're not going to accept any contributions from the tobacco industry. And maybe we need a few politicians to make that same determination on the gambling donations as well. So to show how big this is in terms of doing something about gambling advertising. Gambling advertising is second only to on TV advertising for food products, I. E. All the restaurant ads, all the pizza ads that you see on the sports things, you know, and gambling is right there with them. So big problem.
Newt Gingrich
Amazing. So let me ask one last question, which is, do you think we should focus on trying to have better regulations or on banning it?
Dr. Greg Gansky
I think that we should focus on regulation. I think that total bans would probably be something that goes to the Supreme Court. And I think the first amendment issues get involved in this. So trying to devise some regulations that would meet constitutional requirements I think is the best way to go. We have a problem with government and gambling because government makes money off gambling. And so there's a conflict of interest there. Every state has its lottery and everything else. And so none of these things would be easy to enact and would meet fierce opposition from the gaming industry. Just like we had to deal with the tobacco industry, for instance. But I think the stakes are just too high to not do something.
Newt Gingrich
I think your notion of having the right hearings, setting up the right research, there's a lot that can be done. The industry might fight, but I suspect the public would be very, very supportive. Listen, as always, I find talking with you amazing. You're a remarkable person. You've had an amazing career. I want to thank you for joining me today.
Dr. Greg Gansky
It is my pleasure.
Prime Video Narrator
Obsession is in session and this summer Crime has everything you want. Steamy romances, irresistible love stories and the book to screen favorites you've already read twice off campus.
Newt Gingrich
This is the part where I tell
Dr. Greg Gansky
you all the things I want to do to you.
Prime Video Narrator
Elle, can you think of anything more fun and fearless? Every year after the love Hypothesis, Sterling point and more slow burns, second chances, chemistry you can feel through this screen. Your next obsession is waiting. Watch only on Prime.
Public Investing Advertiser
Support for the show comes from Public, the investing platform for those who take it seriously. On public, you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index. With AI, it all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year. You can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors, llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete disclosures available@public.com disclosures your vehicle doesn't
Firestone Tires Advertiser
just get you from here to there. It's a bridge to the people and places that matter most. It's how you show up for your family, your community and everyone else that depends on you. That's why for 125 years Firestone has been building tires with one thing in to deliver products that are as reliable as you are. Firestone always dependable since 1900
Xumo Advertiser
deciding on what to listen to is hard. Using Xumo to stream music from iheart 90s radio is easy or play iheart country classics radio or hip hop music Beats your choice.
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All for free.
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Newt Gingrich
And now I'm pleased to introduce a new segment to Newt's World where I answer listeners questions. To ask a question, please email me at newtgingrich360.com Wyatt H. Asks, we all understand the reasons for the filibuster, but is it what our Founding Fathers agreed on and is it really legal as per the Constitution? You know, a filibuster is a tactic in the Senate which is used to delay or block a vote on legislation by extending debate requiring a 60 vote cloture majority to proceed. It actually originates from an 1806 rule change. It forces bipartisan compromise and protects minority party rights, though is often criticized for causing gridlock. George Washington, in explaining why the Senate was important to Alexander Hamilton, said to him that the Senate should be the cooling saucer to the hot cup coming out of the House. And by that he meant the Founding Fathers wanted the system to be slower. They wanted to protect freedom. They did not trust majorities running amok and doing whatever they wanted, and they would prefer the problems we have today to the problems of a dictatorship. I think, frankly, while I'm a member of the House was a member of the House and I think like a House member where things are fast and 218 votes passes things for the sake of the country's stability, it's actually helpful to have a Senate that slows things down a little bit, makes it a little harder, and frankly that's good for freedom. And it's frustrating. But that frustration is the price of freedom. I look forward to hearing from you. To ask a question, please email me@newtingers360.com thank you to my guest, Dr. Greg Gansky. Newt's World is produced by Gingrich 360 and iHeartMedia. Our executive producer is Garnesey Schlomp. Our researcher is Rachel Peterson. Special thanks to the team at Gingrich360. If you've been enjoying Newtsworld, I hope you'll go to Apple Podcast and both rate us with five stars and give us a review so others can learn what it's all about. Join me on subset@gingrich360.net I am Newt Gingrich. This is Newt's World.
Firestone Tires Advertiser
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This is an iHeart podcast guaranteed human.
Host: Newt Gingrich
Guest: Dr. Greg Gansky (former Congressman, physician, and military officer)
Release Date: April 16, 2026
This episode of Newt’s World dives into the explosive growth of online sports betting and prediction markets, examining both the cultural and public health implications. Newt Gingrich hosts Dr. Greg Gansky, former U.S. Congressman and medical doctor, whose recent op-eds warn about the erosion of sports integrity and the growing public health crisis caused by easy-access online gambling. Gingrich and Gansky analyze the societal, personal, and regulatory challenges, and debate solutions for Congress and policymakers.
[08:21 – 12:47]
[12:47 – 17:24]
[20:15 – 25:50]
[25:50 – 29:06]
[31:58 – 38:10]
[36:57 – 38:10]
On the risks to sports:
"Sports is dependent on trusting the integrity of the results. If people start questioning who wins and who loses... you're going to lose with young people the respect for sports that they should have."
— Dr. Greg Gansky ([10:37])
Addiction’s physiological hook:
"The act of gambling causes increased dopamine release in the brain… it happens not just when you win, but it happens when you lose."
— Dr. Greg Gansky ([15:27])
On scale and temptation:
"You're then throwing huge amounts of money into the gambling problem. And there's a temptation then for cheating to now involve mega millions of dollars."
— Dr. Greg Gansky ([23:12])
On regulatory urgency:
"We should look at treating this as a public health problem like we've looked at tobacco and alcohol."
— Dr. Greg Gansky ([33:58])
On practical limitations:
"Total bans would probably be something that goes to the Supreme Court…there's a conflict of interest there. Every state has its lottery and everything else."
— Dr. Greg Gansky ([37:07])
Gingrich and Gansky present a deeply informed, cautionary look at the convergence of technology, gambling, and sports. They stress that while gambling cannot be banned outright, strong regulation, independent research, and robust public health measures are urgent. The integrity of sports, the well-being of millions of Americans, and the health of democratic institutions are all at risk—from Main Street families to the halls of Congress.