"Las Vegas is no longer the seat of the sportsbook gods. In most states, it's now legal, and extremely popular, to place bets using apps or websites such as FanDuel and DraftKings. From your couch, you can wager on everything from the results of snooker championships to the color of the Gatorade poured over the victorious coach after the Super Bowl."
"The N.F.L., along with the other major-league American sports associations, has officially partnered with sports-betting sites, and their alliance has proved so lucrative that other industries want in on the action; last month, the Golden Globes made a deal with Polymarket, a predictions-market platform, to encourage wagering (or "trading," if you prefer) on the outcomes of its awards race. Betting, like cannabis and cabaret before it, has shed its reputation as a vice,"
Sports betting has expanded beyond Las Vegas into widespread, app-based wagering through platforms such as FanDuel and DraftKings. Bettors can now place wagers on diverse outcomes, from snooker championships to the color of Gatorade poured after the Super Bowl. Major American sports leagues, including the N.F.L., have formed official partnerships with sports-betting sites, creating lucrative alliances that have attracted other industries to participate in prediction markets. Public perception of betting has softened, normalizing participation. Art Manteris spent decades running Las Vegas sportsbooks, and the industry he left in 2021 differed substantially after the Supreme Court overturned PASPA.
Read at The New Yorker
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