Americans expected to place record $1.39bn in bets for Super Bowl LIX

The US sports betting industry has boomed since 2018 – with it brings a ‘dark side’ as gambling addiction also risesMore Americans than ever are expected to place bets on Sunday’s Super Bowl, with a record $1.39bn of estimated wagers to be placed, amid concerns over the rise of gambling addiction.Since the supreme court overturned a federal law that made sports betting illegal in 2018, the industry has boomed, with 38 states opting to legalize. Gambling revenue hit $99.4bn in 2022, according to the American Gaming Association (AGA), the industry lobby group. Continue reading...

Americans expected to place record $1.39bn in bets for Super Bowl LIX

The US sports betting industry has boomed since 2018 – with it brings a ‘dark side’ as gambling addiction also rises

More Americans than ever are expected to place bets on Sunday’s Super Bowl, with a record $1.39bn of estimated wagers to be placed, amid concerns over the rise of gambling addiction.

Since the supreme court overturned a federal law that made sports betting illegal in 2018, the industry has boomed, with 38 states opting to legalize. Gambling revenue hit $99.4bn in 2022, according to the American Gaming Association (AGA), the industry lobby group. Continue reading...