Before DraftKings and FanDuel, before Kalshi and Polymarket, there was Jay Cohen and World Sports Exchange.
When the gambling industry reflects on its modern origins, the discussion 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. Jay Cohen and World Sports Exchange played a significant role in shaping the future of sports betting, predating major players like DraftKings and FanDuel.
As a pioneer in the industry, Cohen's contributions are foundational to the current landscape of sports betting, marking a pivotal moment in the history of modern sports wagering.