Before DraftKings and FanDuel, before Kalshi and Polymarket, there was Jay Cohen and World Sports Exchange.
When the gambling industry reflects on its origins, it often starts with the Supreme Court overturning the Professional and Amateur Sports Protection Act in 2018, which paved the way for states to legalize sports betting.
World Sports Exchange, founded by Jay Cohen, played a pivotal role in shaping the future of modern sports betting, laying the groundwork for the thriving industry we see today.
Despite the emergence of new players in the market, the legacy of Cohen and WSEX remains significant in the history of sports betting.