The U.S. is quite far behind the rest of the world on sports betting, which means you don’t even need to imagine, we know from other countries that it doesn’t end well. The most worrying aspect is, the current U.S. government has no interest in the regulations that have helped minimise the problems in other countries.
The U.K’s highest earner for a few years running was the founder of a U.K. betting site, she had something like a 500 million salary and there is an entire town’s economy supported by her business.
I personally never met her but Bet365 is one of the most protected sites on the internet when it comes to antibot protections. When I started my company in 2025, I had two customers from UK, they were very much interested in odds for horse races from bet365, mostly realtime. Bet365 knew I was coming for them.
It's really telling about the state of the UK economy that the highest earner's business doesn't make anything but literally drains money from the masses.
Whilst it is technically a salary, since the business is wholly owned by her and her family it is effectively a dividend, so it isn't quite accurate to compare it to CEO's of non-wholly owned private or public companies. Other CEO's might have gotten paid more since they might own enough stocks in the company to receive dividends, or share awards etc...
That's a fair point, it would be more interesting to compare the salary to equivalent, family-owned private companies (although I'm sure most of them don't disclose that sort of thing).
The U.K’s highest earner for a few years running was the founder of a U.K. betting site, she had something like a 500 million salary and there is an entire town’s economy supported by her business.
https://en.wikipedia.org/wiki/Bet365