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While gambling companies seek out new ways to engage eager young bettors, states profit, via ever-increasing tax revenues. Meanwhile, after fighting betting for decades, leagues and teams have tied themselves closely to it, to increase their profits. The Sixers have a sponsorship deal with Fox Bet. The Eagles have three sports betting partners. Phillies broadcasts feature in-game odds and various wagers through PointsBet. On Phillies pregame shows, hosts discuss whether prop bets could hit.
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With the rise of cryptocurrency, more gamblers are getting comfortable with creating online wallets called e-wallets to manage their money at online casinos. Using an e-wallet can be a struggle for people unfamiliar with cryptocurrency or online banking apps like Venmo, but their convenience outweighs the learning curve for most online gamblers.
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