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Now legal in Pennsylvania �� and 30 other states �� 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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Moreover, iSpot reports the estimated ad spending of sports betting on national TV is on the upswing, increasing from $64.6 million in 2020 to $199.7 million in 2021. Year-to-date, with the NFL season just starting, the ad spend has already reached $161.7 million. Casillo points out, national sports betting ads still have potential to grow in future years too, as more states legalize mobile sportsbooks and sports betting overall.
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