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The explosion in popularity of sports betting on Twitter coincides with the widespread expansion of legal sportsbooks in the United States. In 2018, the U.S. Supreme Court ruled that all states could choose to authorize sports betting. Since the decision, 31 states, the District of Columbia and Puerto Rico have launched legal betting markets. More than $147 billion has been bet with legal sportsbooks in the U.S. over the last four years, generating nearly $10.6 billion in taxable revenue, according to the American Gaming Association.
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Now legal in Pennsylvania ¡ª and 30 other states ¡ª the onetime clandestine purview of illegal bookies has gone mainstream and is growing more popular with every month¡¯s record revenues. Look no further than Stephen Starr, whose Bankroll restaurant will open this fall in the husk of the old Boyd Theater on Chestnut Street and promises, per a press release, a ¡°luxury sports bar experience¡± geared toward gambling.- The $20 million, 18,500-square-foot palace is funded in part by venture capitalist Paul Martino and will feature a ton of TVs, pub staples, and plenty of upscale options for those looking for a higher-end experience.
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