The business of sports betting and prediction markets is continuing to grow. 

LeBron James is the latest major name to land a deal in the industry, signing a $15 million a year endorsement deal with Polymarket - nearly four times his NBA salary this season.  

But the fast growth of the sector and ability to bet on anything is sparking some concerns. 

American Institute for Boys and Men Gambling Policy Lead Jonathan D. Cohen argues that prediction markets may be more dangerous than traditional gambling platforms in some respects, as they blur the line between gambling and investing in some countries. 

He told Mike Hosking a 19-year-old who's starting to build wealth could easily delude themselves into thinking it's a wise financial decision, and that's really dangerous for the long-term financial well-being of young people.  

LISTEN ABOVE 

The business of sports betting and prediction markets is continuing to grow.&nbsp;
LeBron James is the latest major name to land a deal in the industry, signing a $15 million a year endorsement deal with Polymarket - nearly four times his NBA salary this season. &nbsp;
But the fast growth of the sector and ability to bet on anything is sparking some concerns.&nbsp;
American Institute for Boys and Men Gambling Policy Lead Jonathan D. Cohen argues that prediction markets may be more dangerous than traditional gambling platforms in some respects, as they blur the line between gambling and investing in some countries.&nbsp;
He told Mike Hosking a 19-year-old who's starting to build wealth could easily delude themselves into thinking it's a wise financial decision, and that's really dangerous for the long-term financial well-being of young people. &nbsp;
LISTEN ABOVE&nbsp;

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Jonathan D. Cohen: American Institute for Boys and Men Gambling Policy Lead on the rise of prediction markets and sports betting

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2e608c53-3d86-4457-be9b-b4ce01681d78/transcript

On the Mike Hosking Breakfast Full Show Podcast for Thursday 24th of September, is the LNG import terminal deal still going ahead? And have the Police and Health NZ figured out the right time target for mental health handovers? 

The rise of sports betting and prediction markets on anything from politics to the next James Bond is booming – is some sort of regulation needed or is this just the evolution of gambling? 

And Kiwi country singer Jenny Mitchell debuts brand new music exclusively on the show. 

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 

LISTEN ABOVE 

On the Mike Hosking Breakfast Full Show Podcast for Thursday 24th of September, is the <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/shane-jones-associate-energy-minister-on-the-lng-import-terminal-decision-being-put-on-hold-due-to-the-upcoming-election/">LNG import terminal deal</a> still going ahead? And have the Police and Health NZ figured out the right <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/karla-bergquist-specialist-mental-health-and-addiction-director-on-the-reduction-of-police-patient-handover-times-to-30-minutes/">time target for mental health handovers?</a>&nbsp;
The rise of sports betting and prediction markets on anything from politics to the next James Bond is booming – is some sort of regulation needed or is this just the evolution of gambling?&nbsp;
And Kiwi country singer Jenny Mitchell debuts brand new music exclusively on the show.&nbsp;
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.&nbsp;
LISTEN ABOVE&nbsp;

Full Show Podcast: 24 September 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/28f1741f-ccd4-46e1-9608-b4ce015d6565/transcript

Wine drinkers across the globe are continuing to reach for Kiwi made bottles. 

Our wine exports reached over $2 billion, with export volume increasing to over 306 million litres, in the 12 months to June. 

Overall sales have increased 8% and represent the industry’s second-highest June year total on record. 

New Zealand Winegrowers Chief Executive Anishka Jelicich told Mike Hosking in a difficult market, Kiwis are winning. 

She says we are making fresher, lighter styles, rather than heaver ones some competitor countries are making. 

LISTEN ABOVE 

Wine drinkers across the globe are continuing to reach for Kiwi made bottles.&nbsp;
Our wine exports reached over $2 billion, with export volume increasing to over 306 million litres, in the 12 months to June.&nbsp;
Overall sales have increased 8% and represent the industry’s second-highest June year total on record.&nbsp;
New Zealand Winegrowers Chief Executive Anishka Jelicich told Mike Hosking in a difficult market, Kiwis are winning.&nbsp;
She says we are making fresher, lighter styles, rather than heaver ones some competitor countries are making.&nbsp;
LISTEN ABOVE&nbsp;

Anishka Jelicich: New Zealand Winegrowers CEO on wine exports exceeding $2 billion in the year to June

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8a562141-993a-4a69-b5c8-b4ce015dabc0/transcript

The future of Super Rugby and the NPC are on the table today as New Zealand Rugby holds a critical summit. 

The organisation needs to save $20 million a year, and options include merging teams or scrapping both competitions in favour of a new eight to ten team format.  

Newstalk ZB's Lead Rugby Commentator Elliott Smith told Mike Hosking the issue for NZR is not revenue, as they're making enough money, they just need to trim some of the outgoing costs. 

He says they've developed professional game over the last thirty years, but they haven't taken away any elements or reshaped the game. 

LISTEN ABOVE 

The future of Super Rugby and the NPC are on the table today as New Zealand Rugby holds a critical summit.&nbsp;
The organisation needs to save $20 million a year, and options include merging teams or scrapping both competitions in favour of a new eight to ten team format. &nbsp;
Newstalk ZB's Lead Rugby Commentator Elliott Smith told Mike Hosking the issue for NZR is not revenue, as they're making enough money, they just need to trim some of the outgoing costs.&nbsp;
He says they've developed professional game over the last thirty years, but they haven't taken away any elements or reshaped the game.&nbsp;
LISTEN ABOVE&nbsp;

Elliott Smith: Newstalk ZB's Lead Rugby Commentator on the NZ Rugby Summit looking at how to cut outgoing costs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ae75f455-8a95-434b-b073-b4ce0158b950/transcript

Jonathan D. Cohen: American Institute for Boys and Men Gambling Policy Lead on the rise of prediction markets and sports betting

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