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Americans Placed $166B in Sports Bets in 2025 — Double Amount Spent on the Arts
['Sharon Zhang', 'Shireen Akram-Boshar', 'Brett Wilkins', 'Amy Goodman', 'Nermeen Shaikh', 'Alex Brown', 'Michael Arria', 'Derek Seidman', 'Jake Johnson', 'Kelly Hayes']
Truthout
In a relatively unregulated market, sports betting companies are embracing predatory tactics to keep their users hooked.
Americans spent nearly $170 billion on sports bets in 2025, representing more than double the amount Americans spent on movies, books, music, and museums combined last year, a new analysis finds as the betting industry turns to increasingly predatory tactics.
It also shot to such staggering heights despite sports betting not being legal in 11 states, and 20 states barring online sports betting.
Some states are considering regulations on sports betting, and Minnesota passed a first-of-its-kind law banning prediction markets earlier this year.
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