[menssen]

Sports, shows, movies, and games are all essentially free (or already paid for via a handful of subscription services).

Travel, concert tickets, expensive restaurants, and wine are not free, and are all currently cancelled.

Most high-income millennials I know (including myself) spend a lot more on airline tickets than movie tickets.

So it may not be an entertainment vacuum but it is an entertainment spending vacuum.

Your point that most investors still are not individuals is fair, but that doesn't explain Robinhood's growth specifically.