Sports betting grew to a ten-billion-dollar industry by 2023
Evidence
The gambling mentality wasn’t limited to crypto. Legalized sports betting, following a 2018 Supreme Court decision, became a $10-billion-plus industry by 2023, complete with its own dedicated apps. Platforms like Polymarket extended wagering to political elections and other events. Soon Gamblers Anonymous retooled its programs for a younger clientele. — W. David Marx, Blank Space, 740
Categorization
- SEED: Possible essay angle: the post-2018 legalization wave as a case study in how legal institutions can bootstrap an entire cultural-omnivore-style habit overnight.