Sports Betting Boom: The Explosive Growth of Sports Gambling

Naomi Carr
Brittany Ferri
Written by Naomi Carr on 17 April 2025
Medically reviewed by Brittany Ferri on 18 April 2025

Sports betting is increasing in the United States and worldwide, with online sites, eSports betting, and in-play bets. This has economic impacts that may be positive on a nationwide scale and potentially detrimental to individuals. Alongside this, growing numbers of people are seeking help for gambling addiction, highlighting the troubling effects of the sports betting boom.

a photo of a group of male friends watching a game and one of the men holding his smartphone to place a bet

The rapid growth of sports gambling

Before 2018, sports betting was illegal in all US states apart from Nevada. In 2018, the Professional and Amateur Sports Protection Act (PASPA) was overturned, allowing sports betting to be legalized in any state. Since then, the legal status of sports betting has changed dramatically, and it is now legal in 39 states.

Sports betting has been legal in other countries, including the UK, Canada, and Italy, for decades. With the changes in the US, sports gambling has grown significantly, with the global sports betting market reportedly valued at $103.08 billion in 2024 and a predicted market of $224.12 billion by 2033.

Steve Carleton, licensed clinical social worker and addiction specialist, highlights how this growth is leading to higher rates of gambling addiction among Americans.

In 2025, gambling addiction is hitting alarming levels, with 20 million Americans believed to be at risk or already in the grips of active addiction. The biggest contributing factor is the modern-day siren’s call of technology, with the big online sports betting boom and being able to roll the digital dice 24/7. [11]

Steve Carleton

Medical advisor

Steve Carleton

LCSW, CAS

Factors contributing to sports gambling growth

Along with the legal changes in the US, other factors have contributed to the current and predicted growth of sports gambling, including:

  • The growing popularity of eSports: eSports betting involves placing bets on the outcomes of video game competitions. This has reportedly grown in the US from 15% of the population in 2018 to 21% in 2021 , with a global market increase from $124 million in 2014 to more than $900 million in 2018.
  • Increasing use of technology to place bets: The percentage of adults engaging in online gambling has reportedly increased worldwide from 5.5% before 2016 to 10% in 2020 and in the US from 15% in 2018 to 25% in 2021.
  • COVID-19 pandemic: Economic stress and lockdown during the COVID-19 pandemic may have contributed to increasing numbers of people engaging in gambling, particularly online betting.

The digital gambling revolution: How technology is transforming betting

In recent years, there has been a growing number of betting sites and apps that can be accessed from mobile devices. This means that people can place bets at any time of the day, wherever they are. These sites also offer bets on any sporting game or event, from worldwide tournaments to local minor league games.

Additionally, online betting allows users to place bets during games, such as who will score the next touchdown or goal, what the score will be at half-time, or even smaller details within the game. The odds for these bets are adjusted throughout based on the occurrences within the game.

Because of these changes, people can place multiple bets easily and quickly based on impulsive decision-making, potentially causing increased financial loss.

Laws around sports gambling vary significantly from state to state. Some states permit all types of gambling, including casinos and online betting, while others are more restrictive. Currently, sports betting is legal in 39 US states.

After the 2018 overturning of PASPA, New Jersey and Delaware legalized sports gambling immediately. In contrast, all gambling is illegal in Hawaii, South Carolina, Georgia, and Utah. In some states, including Texas and Missouri, sports gambling is illegal, while other forms of gambling, such as casino betting, are permitted.

Socioeconomic impacts of sports betting

Figures from the American Gaming Association in 2023 show that gambling in the U.S. has created 1.8 million jobs, $52.7 billion in tax impact and tribal revenue share, and $108.56 billion in gross gaming revenue.

While these figures suggest an economic benefit to the country, the impact of gambling on the individual appears less beneficial. A study shows that the total amount bet on sports increased from $4.9 billion in 2017 to $121.1 billion in 2023, with 94% of these bets placed online.

A report from the National Council on Problem Gambling (NCPG) shows that as many as 27% of gamblers in 2021 required financial support from others to help pay their gambling debts and bills.

The rise in gambling addiction

Gambling disorder is the first officially recognized behavioral addiction, and it is thought that the prevalence of gambling addiction is increasing, with millions of Americans engaging in problematic gambling.

The NCPG conducted surveys in 2018 and 2021 to measure gambling behaviors and attitudes. These surveys show an increase in risky gambling behavior since 2018, particularly among young adults.

Additionally, a study found a 23% increase in online searches across the nation for gambling addiction help between 2018 and 2024.

People who gamble usually seek relief from something. This could include emotional pain, extreme stress and anxiety, loneliness, or financial issues. Unfortunately, the relief one finds in gambling is only temporary, merely creating the illusion of control and hope. The reality is that the short bursts of relief one can get in the form of financial gains or social connection come at the expense of these exact things in the long term. [11]

Steve Carleton

Medical advisor

Steve Carleton

LCSW, CAS

The extent to which gambling addiction is affecting people is unclear. The changes in the legal status have increased access to multiple gambling options, including legal gambling sites, which may be contributing to these issues. However, they may also have encouraged more people to seek help with their gambling habits.

Worried about your sports betting? Recognize problematic gambling behavior

Many people place bets and may not experience harm or negative consequences when this is done in moderation. However, gambling can become problematic and can lead to gambling addiction, with issues relating to finances, relationships, employment, and mental health.

Gambling’s destruction lies in its devastating cycle: it lures individuals in with false promises and temptations, then traps them the moment desperation sets in, and they start clutching at any possible solution to regain what’s been lost. It’s this cycle that slowly erodes every aspect of one’s life. [11]

Steve Carleton

Medical advisor

Steve Carleton

LCSW, CAS

Signs of problematic gambling include:

  • Spending increasing amounts of time and money on gambling
  • Feeling a loss of control over gambling
  • Attempting to reduce or stop gambling unsuccessfully
  • Continuing to gamble despite social, professional, or personal issues
  • Lying to others about gambling habits
  • Financial issues due to gambling
  • Borrowing or stealing money to gamble
  • Feelings of regret or guilt after gambling
  • Agitation, depression, or irritability when unable to gamble

Management and prevention of problematic gambling

People who want to prevent gambling issues from occurring or who want to try and reduce gambling habits may find the following tips helpful.

  • Set a time or money limit
  • Only bet what you can afford to lose, and never gamble with someone else’s money
  • Don’t gamble under the influence of alcohol or substances
  • Take breaks from the table/app/machine
  • After losing, don’t gamble more to try and win back lost money
  • Stop gambling if it stops being fun or if you feel stressed or upset

Dr. Max Doshay, co-founder of Monima Wellness Center, recognizes the need to set boundaries and highlights the importance of identifying and understanding triggers for gambling behavior.

First, it's important to set boundaries and limit time and money spent on gambling. Then, a person can also analyze their day-to-day routine and think if there's anything around them that triggers that need to gamble. For example, when they feel sad, bored, or stressed, and want to shift their focus to something fun and pleasant. [12]

Dr. Max Doshay

Medical advisor

Dr. Max Doshay

DClinPsych

Resources and help for problem gambling

People who have developed issues due to their gambling habits may wish to seek professional advice and support to reduce or stop gambling. Various interventions are available, including behavioral therapies, which can help people recognize and alter harmful gambling behaviors.

If a person understands that gambling becomes a big problem, where there's no money left anymore, relationships with friends and family are ruined, and stress and anxiety start to affect their mental health, it's time to treat addiction seriously. A person can start by banning themselves from gambling venues and online platforms. They can also try helping themselves by finding triggers for gambling or delaying the decision to gamble and doing a breathing exercise instead. [12]

Dr. Max Doshay

Medical advisor

Dr. Max Doshay

DClinPsych

Support groups, such as Gamblers Anonymous, can also be a helpful tool for people wanting to overcome problematic gambling behaviors.

Resources:

  1. Matheson, V. (2021). An Overview of the Economics of Sports Gambling and an Introduction to the Symposium. Eastern Economic Journal, 47(1), 1–8. Retrieved from
  2. American Gaming Association. (2025). State of Play. AGA. Retrieved from
  3. IMARC. (2025). Sports Betting Market Size, Share, Trends and Forecast by Platform, Betting Type, Sports Type, and Region, 2025-2033. Retrieved from
  4. National Council on Problem Gambling. (2023). National Survey on Gambling Attitudes and Gambling Experiences 2.0. NCPG. Retrieved from
  5. Marchica, L., Richard, J., Mills, D., Ivoska, W., & Derevensky, J. (2021). Between Two Worlds: Exploring eSports Betting in Relation to Problem Gambling, Gaming, and Mental Health Problems. Journal of Behavioral Addictions, 10(3), 447–455. Retrieved from
  6. Tran, L.T., Wardle, H., Colledge-Frisby, S., Taylor, S., Lynch, M., Rehm, J., Volberg, R., Marionneau, V., Saxena, S., Bunn, C., Farrell, M., & Degenhardt, L. (2024). The Prevalence of Gambling and Problematic Gambling: A Systematic Review and Meta-Analysis. The Lancet. Public Health, 9(8), e594–e613. Retrieved from
  7. Hing, N., Smith, M., Rockloff, M., Thorne, H., Russell, A.M.T., Dowling, N.A., & Breen, H. (2022). How Structural Changes in Online Gambling are Shaping the Contemporary Experiences and Behaviours of Online Gamblers: An Interview Study. BMC Public Health, 22(1), 1620. Retrieved from
  8. Yeola, A., Allen, M.R., Desai, N., Poliak, A., Yang, K.H., Smith, D.M., & Ayers, J.W. (2025). Growing Health Concern Regarding Gambling Addiction in the Age of Sportsbooks. JAMA Internal Medicine, e248193, Advance online publication. Retrieved from
  9. Sohn, E. (2023). How Gambling Affects the Brain and Who is Most Vulnerable to Addiction. American Psychological Association Monitor on Psychology, 54(5), 62. Retrieved from
  10. Responsible Gambling Council. (2025). Take a Safer Approach to Gambling. RGC. Retrieved from
  11. About Porch Light Health and Front Range Clinics. (2023, July 26). Porch Light Health.
  12. Meet Our Team | Getting to Know Monima Wellness Center. (2023, October 10). Monima Wellness Center.

Activity History - Last updated: 18 April 2025, Published date:


Reviewer

Brittany Ferri

PhD, OTR/L

Brittany Ferri, PhD, OTR/L is an occupational therapist, health writer, medical reviewer, and book author.

Activity History - Medically Reviewed on 17 April 2025 and last checked on 18 April 2025

Medically reviewed by
Brittany Ferri

Brittany Ferri

PhD, OTR/L

Reviewer

Recovered Branding BG
Ready to talk about treatment? Call today. (855) 648-7288
Helpline Information

Calls to numbers marked with (I) symbols will be answered or returned by one of the treatment providers listed in our Terms and Conditions, each of which is a paid advertiser.

In calling the helpline you agree to our Terms and Conditions. We do not receive any fee or commission dependent upon which treatment or provider a caller chooses.

There is no obligation to enter treatment.

Access State-Specific Provider Directories for detailed information on locating licensed service providers and recovery residences in your area.

For any specific questions please email us at info@recovered.org