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Author Topic: American gamblers spend enormous on Sports Betting  (Read 1080 times)
kawetsriyanto
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July 26, 2026, 11:11:21 PM
 #61

It is interesting to know that Americans placed around $166 billion in sports betting in 2025; that shows how popular sports betting is. If we compare this with their entire movie industry, music industry, and even books and museum industries combined, that number doesn't match the sports betting industry alone.
Where do you get this data? It requires the link of the sources to ensure you share valid data.
IMO, what you need is to compare with the data in 2024, how much Americans spent their money in sports betting. I'm not sure why you compare it to movie, music, and other field of industry. What's the point, mate?

Do you think this is a positive thing for society, or are they moving in a direction that isn't going to be good for the general public in the long run, and many people will end up being gambling addicts???
The positive side may be people have bigger amount of money, so they can spend more in gambling.  Cheesy
However, I think it tends to showing bad side. It means people more rely on gambling to gain money. They may have a mindset that gambling is the only way to gain instant huge money currently. So, besides it may improve the addiction cases, it also reflects that people become lazy to do hard work and have a wrong mindset about gambling purpose.


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Makus
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July 26, 2026, 11:27:31 PM
 #62

It is not a positive thing for a society to keep on betting like this, especially when it comes to sports betting. The only advantage of this is that the casino or sports makes more profits which in turn is also used by the government.

America is one country where people have a lot of money that's the reason why they spend so much money in betting, if they were going through hardship and trying to survive like some African countries they would not even think of doing this.

The advantage of this, remains the fact that a lot of people are going to be benefit from this.

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July 27, 2026, 12:05:37 AM
 #63

When things are forbidden, they're much better; you get more into them, and that's why things with casinos and gambling are better for the Philippines. However, I think that in the USA, the demand for players is quite high, and that increases the income per player. If we add it up or compile statistics, it's quite remarkable that a large amount is generated. I still believe that in the USA, the amount of money wagered in casinos is much greater.

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July 27, 2026, 01:21:20 AM
 #64

Well. I personally see such a staggering number as the consequence of allowing adults in a democracy like the United States to be left alone and decide what to do with their own hard-earned money, it is part of a functioning society to allow such freedoms to exists.
Eventually much of that volume of money will end up in the pockets of the government, that is a completely different debate, though.

As long as those adults in the USA continue to be functioning members of society as they bet in sports, then there would be nothing to be afraid of.

I am sure there are associations which track the impact of betting markets on society, in order to take what are supposed to be the best measures to prevent widespread addiction to betting and gambling.

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July 27, 2026, 02:16:57 AM
 #65

I'm curious: does this count as good news? Because does this also mean that Americans are active in sports? Like, them being active in sports = physically fit/healthy?
Or do they not care about sports themselves being active, like they are just into gambling?

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July 27, 2026, 02:35:14 AM
 #66

I'm curious: does this count as good news? Because does this also mean that Americans are active in sports? Like, them being active in sports = physically fit/healthy?
Or do they not care about sports themselves being active, like they are just into gambling?

I’m skeptical on this one since their gambling spending is increasing to insane level. Last 2018 it’s just around 6.6B while it keeps increasing every year until the latest 166B on 2025.

Americans are known for the love of sports ever since. I believe this increase is due to the popularity of online gambling that makes it accessible for everyone rather than their love of sports increased.

I search using Chatgpt to get this data:

U.S. Legal Sports Betting Handle by Year

• 2018 – US$6.6 billion
• 2019 – US$13.1 billion
• 2020 – US$21.5 billion
• 2021 – US$57.5 billion
• 2022 – US$93.7 billion
• 2023 – US$121.1 billion
• 2024 – US$149.7 billion
• 2025 – US$165.6 billion

Sportsbook Revenue (GGR)

• 2018 – US$442 million
• 2019 – US$921 million
• 2020 – US$1.55 billion
• 2021 – US$4.34 billion
• 2022 – US$7.56 billion
• 2023 – US$11.05 billion
• 2024 – US$13.75 billion
• 2025 – US$16.8–16.9 billion

Sources:
• American Gaming Association (AGA)
https://www.americangaming.org/

• Covers – U.S. Sports Betting Revenue Tracker
https://www.covers.com/betting/betting-revenue-tracker

• Responsible Gambling Statistics
https://rg.org/statistics/us/

• MarketWatch – Total Legal Sports Betting Since 2018
https://www.marketwatch.com/story/668-603-360-342-thats-how-much-people-have-legally-bet-on-sports-since-the-supreme-courts-2018-ruling-550e0a08

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July 27, 2026, 03:02:05 AM
 #67

It is truly astonishing that Americans spent approximately $166 billion on sports betting in 2025. My shock was much greater when I learned that this figure exceeds the total of the film and music industries, and even the book and museum industries combined. This is a shocking statistic to me.

I don't think this is ever a positive thing for society, even in a rich society like the United States, because it is better to spend these huge sums on things that are useful to society and humanity, and not just on gambling or entertainment that has no benefit.


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July 27, 2026, 03:54:55 AM
 #68

The more gamblers there are, the more gambling addicts there will be. That's basic logic. One can't be a gambling addict without becoming a gambler first. So, this isn't a good sign at least as far as gambling addiction and other gambling-related problems are concerned.

On the other hand, as far as the gambling industry, specifically the sports betting industry, is concerned, this must be a welcome development. The industry is vibrant. People are spending money on it. Revenue is flowing.

Provided these services are honestly paying their tax dues, this is also a good thing for the government. In turn, programs to combat gambling problems like addiction, involvement of minors, gambling-related crimes, and so on should also be improved and sufficiently funded.

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July 27, 2026, 04:10:06 AM
 #69

It's clear that more people will be gambling than using their money to go to the museum and watch movies because gamblers are always expecting profit whenever, they place their bet. That expectation lead more people to gambling and make the old gamblers to gamble regularly.

I'm not surprised at this information because it's same down here in my country since gambling can turn your financial situation around but the chance is very slim. Majority of people in the world want to get rich overnight.
You are right , both the poor and the rich has access to gamble ,even the old and the young so I'm not even surprised at the figures, the rich still want more money while the poor still believe they can make through gambling couple with the fact that it's a game, and also it's for entertainment imagine enjoying entertainment and still get profit from it ,so it's really obvious that many will definitely spend their money more on gambling than watching movies or going to a museum.

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July 27, 2026, 04:27:46 AM
 #70

Perhaps the reason is that Americans have a much higher standard of living and wealth than most countries, and therefore can afford to spend much more money on other things than people in poorer countries. In fact, the figure you cited is enormous, given the large population of the United States, so taking all this into account, you also need to know the number of players to divide it to understand the average amount. There are very wealthy players who can bet millions, and there are less wealthy ones who bet tens of dollars or hundreds of dollars. Therefore, it's difficult to draw conclusions from this figure alone.
Naturally, US citizens enjoy a fairly high standard of living, allowing them to bet on sporting events without compromising their personal financial security. Residents of poorer countries can't afford this. They certainly don't care about betting. They're thinking about how to survive today and the next.

The sum is certainly impressive. $166 billion just on betting. What other industry can boast such a vast amount of resources? I can't think of anything else.

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July 27, 2026, 06:05:27 AM
 #71

It's because there are so many sports that they play. Baseball, American Football, Hockey, Basketball, and more. Most of them are very popular in the world, and even non-Americans may be betting on their games.

Is it bad? Maybe. But it also adds more revenue and money circulation to their country, so I think it is good. Also, it adds more excitement when you place a bet on your favorite sport, and since those sports games that I mentioned are like traditions to them, I don't think they mind spending a few bucks on their bets.
Gambling addiction? I don't think so. Most of these sports have a hiatus, so if one person only has 2 sports that he knows, he will have some rest.

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July 27, 2026, 06:29:25 AM
 #72

The gambling industry is experiencing unprecedented growth not only in the United States, but also around the world, which seems inexplicable. In fact, several factors have converged: the availability of the Internet, the introduction of cryptocurrencies for payments have created a sufficiently developed base for the widespread use of online gambling and betting, plus a new format has appeared - prediction markets.

The next factor is the global crisis. Since the state of the economy makes long-term planning difficult, this pushes ordinary people to risk getting "everything at once", and this is also facilitated by "flexible employment", which turns the workforce into a precariat without certainty in the future. Finally, the increasing transformation of the global economy into a "casino economy" due to the dominance of financial speculation over the real sector is also contributing...

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July 27, 2026, 06:43:01 AM
 #73

Do you think this is a positive thing for society, or are they moving in a direction that isn't going to be good for the general public in the long run, and many people will end up being gambling addicts???
Let's say someone doesn't like it? So what? What will change? It depends on how we think about it. If the gambling industry generates billions in revenue, no one will even try to change it, right? The problems of future gambling addicts aren't current problems, which means the business will continue to make money. Again, we need to think positively: future gambling addicts will allow medicine to develop in this field, which will create jobs for medical professionals, attract tax revenue, and generally have a beneficial effect on the economy. Smiley

Of course, in the context of humanity, this is a senseless waste of money and the "transfer" of this money from one pocket (gamblers) to another (casinos). What benefit does this bring? Do gamblers enjoy the process? Do casino owners buy yachts and villas? In the context of human development - nothing.

By the way, did everyone notice that the source indicates how much money Americans spent on bets, not how much Americans earned on casino bets? So, everyone understands which way the pendulum (of money) swings.

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July 27, 2026, 07:31:42 AM
 #74

It is truly astonishing that Americans spent approximately $166 billion on sports betting in 2025. My shock was much greater when I learned that this figure exceeds the total of the film and music industries, and even the book and museum industries combined. This is a shocking statistic to me.

I don't think this is ever a positive thing for society, even in a rich society like the United States, because it is better to spend these huge sums on things that are useful to society and humanity, and not just on gambling or entertainment that has no benefit.
Currently, casino is a very lucrative business because more people are becoming gamblers daily. Gambling is part of human nature which is the reason why there's rapid growth in the gambling industry since, you have the chance to hit the jackpot. Lack of sufficient jobs have made some people see gambling as a means of survival.

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July 27, 2026, 07:51:59 AM
 #75

Sports betting itself isn’t actually a bad activity itself, but the constant and rapid growth, not just in the US but also in other parts of the world can actually be said to be worrying. Now, gambling is almost part of everyday life in both developed and underdeveloped countries which has given room for players to easily develop gambling problems. Ordinarily, gambling was made to entertain people, but the real challenge in the world of gambling now is having to actually enjoy the benefits of gambling without creating an avenue where people easily get addicted, incur debt and experience financial hardship due to gambling.











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July 27, 2026, 09:46:32 AM
 #76

It's so easy to understand greater volume = greater tax = more players = more gambling addicts. So it's hard to call it as a good for society for the long run because addictions problem may be also increasing a lot by seeing how big the growth from the total sport betting vol in USA.

So yeah, this is good for casino as their income is moving up while bad for society because more gambling addicts need to be cured as gambling becomes normalized in US.

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July 27, 2026, 09:55:36 AM
 #77

It's so easy to understand greater volume = greater tax = more players = more gambling addicts. So it's hard to call it as a good for society for the long run because addictions problem may be also increasing a lot by seeing how big the growth from the total sport betting vol in USA.

So yeah, this is good for casino as their income is moving up while bad for society because more gambling addicts need to be cured as gambling becomes normalized in US.


I think gambling addiction is more common in places where economic conditions are worse. That's where it can become a bigger social problem, especially among people who lack financial literacy and may see gambling as a way to make money.The increase in the total amount of gambling tax revenue can also be linked to inflation, as well as the additional stress caused by the overall tension in society. We also shouldn't forget that during the sports season, people are much more interested in placing bets than they are during the off-season.

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July 27, 2026, 09:58:02 AM
 #78

It's so easy to understand greater volume = greater tax = more players = more gambling addicts. So it's hard to call it as a good for society for the long run because addictions problem may be also increasing a lot by seeing how big the growth from the total sport betting vol in USA.

So yeah, this is good for casino as their income is moving up while bad for society because more gambling addicts need to be cured as gambling becomes normalized in US.

 I think the main thing that stands out here is that the state receives more tax revenue, and the casinos receive more profit. And if these two entities benefit from this, then everything else is secondary. It's the same with alcohol: when the bottle or cigarette pack says it's harmful to your health, you have to limit your consumption. As for casinos, they'll tell you to gamble responsibly, but no one will refuse, because there's a lot of money involved.

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July 27, 2026, 10:14:41 AM
 #79

It is interesting to know that Americans placed around $166 billion in sports betting in 2025; that shows how popular sports betting is. If we compare this with their entire movie industry, music industry, and even books and museum industries combined, that number doesn't match the sports betting industry alone.

Do you think this is a positive thing for society, or are they moving in a direction that isn't going to be good for the general public in the long run, and many people will end up being gambling addicts???




I can not conclusively say whether it's bad or good that such an amount of money is used to place bets on sports betting platforms in a year because we all know to some extent that gambling is bad especially when those gambling don't use their wisdom to do so and they run into bankruptcy from their reckless bettings.

If we want to compare and we add the movie, music and museum industries just to mention a few the amount will be three times of the $166billion in a year, though majority of the gambler bet with a small amount of money and it's only few of the rich people that bets with a substantial or huge amount of money. I don't think it's a positive attitude because we will be encouraging the Younger generations into gambling with this stats and with the rapid platforms of sports bettings we have now it will soon take over all the place and even without mentioning it, addiction to gambling will be on high increase.

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July 27, 2026, 10:43:47 AM
 #80


Do you think this is a positive thing for society, or are they moving in a direction that isn't going to be good for the general public in the long run, and many people will end up being gambling addicts???


Actually, the figure doesn't represent loses but the total of what bettors have gambled with and that includes both loses and winnings. However, on the societal view and benefit, we have to remind ourselves that American government tax on gambling winning as income. So whilst the gambler is winning and benefitting, the government is also generating income through tax which goes back to the society as social welfare and amenities. Talking about those who are losing from their bets too, the US economy has a strong wealth creation opportunities/mechanism that even the less skilled person can get a livelihood that they may not depend on gambling for survival unlike many other gamblers in other countinent.

So I believe the $166 billion going into gambling in the United States is a win win situation. The government get something from it, the casinos and also the players, then it goes back into the economy and losers also benefits through jobs and social welfare system.

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