Scott Rasmussen's Number of the Day for November 12, 2019

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By Scott Rasmussen

The Number of the Day columns published on Ballotpedia reflect the views of the author.

November 12, 2019: Morgan Stanley estimates that $7 billion will be spent on legal gambling in the U.S. within five years.[1] That’s up dramatically from $833 million this year.

A year and a half ago, the U.S. Supreme Court decided that states could legalize sports betting. So far, 14 states have done just that and more are expected to follow.

While $7 billion in legal sports betting is a big number, sports betting is dwarfed by the $42 billion spent gambling in casinos during 2018.


Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.

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