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Americans lost $78.7 billion to legal commercial gambling last year. The entire US book publishing industry brings in about $30 billion. We now lose more than twice as much money betting as we spend on books. And it only took eight years to get here. Back in May 2018, the Supreme Court struck down the federal ban on sports betting. Nearly 40 states legalized it, and the sportsbooks moved straight onto the device Americans check over 100 times a day. Last year the betting handle hit $166.9…
Americans are more likely to have placed a bet in the past year than to have read a book (via @NPR) https://t.co/n8xMeUvlb3