Gambling is growing like gangbusters in America
Technology and legal changes are spurring a betting bonanza
NEW YORKERS who wished to gamble used to be limited to a series of peculiar options: a lottery run by the state, raffles run by charities, casinos run by Native Americans, slot machines run by racetracks, horse-betting run by local governments—or a trip outside the state to a more permissive spot such as Atlantic City, New Jersey. In recent years, however, it is New York that has become more permissive. The state’s first ordinary, commercial casinos started opening in 2016, although none in the area around New York City. In 2022 it became legal to bet on sporting events online. Next year or the year after the state is due to issue three licences to operate a casino in or near the Big Apple.
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This article appeared in the Briefing section of the print edition under the headline “What are the odds? ”
Briefing
December 7th 2024
From the December 7th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionThe transactional world Donald Trump seeks would harm not help America
Ukraine, Gaza and China will all test his self-interested approach to diplomacy
Donald Trump is a reckless president, but not yet a lawless one
He has yet to flatly defy a court order, which would initiate a constitutional crisis

America’s military supremacy is in jeopardy
To win future wars it needs new weapons, new suppliers and a new system of procurement
Online scams may already be as big a scourge as illegal drugs
And they are growing fast
Even in India, bureaucracy is being curtailed
Many small steps could make a big difference
Many governments talk about cutting regulation but few manage to
Yet radical deregulation is often a big boost to growth