INSIDE THE NEW RISE OF TRADING CARDS
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| Source | Latest linked headline | Age |
|---|---|---|
| Home - CBSNews.com | INSIDE THE NEW RISE OF TRADING CARDS | 1 hr ago |
WHAT HAPPENED
During the COVID‑19 pandemic, collectors began rummaging through boxes in closets and garages, sparking a renewed interest in trading cards. According to Home – CBSNews.com, the hobby has expanded into a multi‑billion‑dollar industry.
The article reports that the trading card market is now valued at an estimated $50 billion. Jarred Hill highlights that the surge has led to questions about whether certain popular aspects of trading and collecting may actually qualify as gambling, a concern that is gaining traction among industry observers.
The pandemic created a surge in at‑home leisure activities, and trading cards became a popular way for people to stay engaged. The growing financial scale and legal scrutiny underline the broader debate about how hobby markets intersect with gambling laws.
- Pandemic‑era boom in trading card collecting, with people searching personal storage for cards
- Industry now worth an estimated $50 billion
- Emerging concerns that some trading and collecting practices may constitute gambling
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