In a survey conducted in July and August for the American Gaming Association, 55% of surveyed adults said they had participated in some sort of gambling over the past year, up from 49% in 2023.
Americans are expected to wager some $150 billion on sports this year, up from about $120 billion in 2023. People bet tens of millions of dollars on the 2024 election.
Even if you're not putting money on the line, it's almost impossible to escape the proliferation of gambling. Culturally, the broader acceptance of gambling is on the upswing - betting's positioned as cool and exciting and fun.
There's an increasing acknowledgment that the point of bitcoin is really 'number go up' (and down), that it's a speculative investment without much of a use case.
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