Sports Betting in the United States

Sports gambling has gained popularity in the United States, where around 112 million people can legally place bets on their favorite sports. While the industry is still in its early stages, stakeholders predict that 2022 will be the most lucrative year for the industry. Most populous states are moving toward legalization, but not all of them have approved sports betting. For more information on legalizing sports gambling, read on. Here are some facts about sports betting.

sports gambling

In November, New Jersey received $1.26 billion in sports wagers, up 25 percent from the same month a year earlier. The National Council on Problem Gambling released a report that showed a 15.3 million increase in sports gambling bettors in just 18 months. Regardless, sports gambling in the U.S. is extremely risky. However, there are ways to limit the number of people who become addicted to this activity. To help combat the addiction, individuals should seek professional help if they are suffering from a gambling problem.

The number of people who are addicted to sports gambling is increasing steadily. In November alone, the state received $1.26 billion in sports wagers, an increase of 25 percent. In November, the National Council on Problem Gambling released a study of the sports betting market. The study showed that 15.3 million people logged in to sports betting over a period of 18 months. This trend continues to grow, with operators eagerly setting up shop in every state.