America's Sports Betting Addiction: A Vortex of Vulnerability The $166 billion figure is staggering, but it's not just the sheer scale of American sports betting that's alarming – it's the way the industry has insidiously woven itself into the fabric of our entertainment culture.
The statistics are eye watering: more than the entire U. S. movie, music, book, and museum industries combined generated in revenue last year.
The Supreme Court's 2018 decision to strike down the federal ban on sports betting paved the way for an explosion of consumer activity.