The Evolution of Sports Gambling: Insights from Art Manteris

Art Manteris, a prominent figure in the sports gambling industry, reflects on the evolution of this sector in his new book, *The Bookie: How I Bet It All on Sports Gambling and Watched an Industry Explode*. The narrative begins with a pivotal moment in 1986 when the New England Patriots faced the Chicago Bears in their first Super Bowl, resulting in a significant loss for the Patriots. Manteris, then running the sportsbook at Caesars Palace in Las Vegas, faced potential financial repercussions due to a prop bet on Bears’ player William “The Refrigerator” Perry. However, the publicity generated from the bet ultimately proved beneficial for the casino, marking a turning point in how sportsbooks viewed their role in sports.

The Guardian

Throughout his 43-year career, Manteris interacted with various high-profile individuals, including celebrities and athletes. He recounts instances of notable figures like Charles Barkley and Phil Mickelson engaging in high-stakes gambling. Manteris describes Mickelson's involvement in a gambling syndicate led by Billy Walters, noting that Mickelson eventually distanced himself from gambling after facing legal scrutiny. Additionally, Manteris had to navigate ethical dilemmas, such as cutting off hockey player Jaromir Jagr from gambling due to excessive behavior.

The Guardian

Manteris observes a significant shift in the perception of gambling by professional sports leagues. Historically viewed as adversaries, leagues have recently embraced gambling, a change that Manteris finds surprising. He notes, “I was in the business 43 years. The first 40, gambling was viewed as an adversary by the leagues. Today, that has reversed completely.” This transformation coincides with the expansion of legalized sports gambling across the United States following a Supreme Court ruling in 2018.

The Guardian

Despite his support for sports gambling, Manteris expresses concerns about the rapid expansion and its implications, particularly regarding youth gambling and the overwhelming presence of gambling advertisements in sports venues. He emphasizes the need for a balance between sports and gambling, stating, “I’m not an adversary toward gambling, or sports gambling. I’m a fan of sports, and sports gambling. But they have to coexist peacefully. Right now, it’s not happening.”

The Guardian

• “No casino or sportsbook in Vegas has ever gotten this kind of worldwide, positive publicity over a single wager. Never! We couldn’t buy the enormous national and international attention we received.” — Henry Gluck, former boss of Caesars Palace

The Guardian

• “[Mickelson] clearly did get in over his head on gambling,” — Art Manteris

The Guardian

• “Not the least is the leagues’ 180 degree turnaround in their position on gambling …” — Art Manteris

The Guardian

• “The question is youth gambling, easier access of gambling,” — Art Manteris

The Guardian

As Manteris reflects on his legacy and the future of sports gambling, he acknowledges the changing landscape where gambling is accessible through mobile devices. His insights highlight the need for responsible gambling practices as the industry continues to evolve. With a secure place in the Sports Gambling Hall of Fame, Manteris is now focused on family while contemplating the implications of a rapidly changing gambling environment.

The Guardian