01/16/2026
Sports betting has exploded from $4.9B (2017) to $121.1B (2023), with 94% of 2023 wagers placed online, and public concern is rising—43% of U.S. adults now say legalization is a bad thing for society (up from 34% in 2022). Researchers warn expanded gambling access is linked to long-term financial harms like lower savings and higher credit-card and mortgage defaults.
Experts see rise in gambling problems, possible wider cultural fallout.