¡°They are very comfortable on their phones,¡± Beal says of young bettors. ¡°They welcome new apps and are comfortable navigating on phones. It¡¯s not work. It¡¯s socializing. It¡¯s interacting with sports. It¡¯s what they do every day.¡±
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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.