top of page
  • GGNN

America's Sports Betting Boom: A High-Stakes Gamble or Addiction?


The United States is currently experiencing a developing epidemic related to addiction to sports betting. Following the legalization of sports betting in 2018, which was prompted by a historic Supreme Court decision, the business has rapidly expanded across the country, raising concerns about the growth in gambling addiction and spurring an increase in betting activity.


According to the American Gaming Association, since the 2018 decision, Americans have bet an astounding $245 billion on sports. Underneath the online betting boom, experts caution that addiction is becoming more prevalent. This development is especially alarming because it has made it simpler for people to wager on sports because internet betting platforms are more accessible, which could make the issue worse.


The definition of gambling addiction according to the National Council on Problem Gambling is "gambling behavior that is damaging to a person or their family, often disrupting their daily life and career." According to the group, 5 to 8 million adults in the US are thought to have mild or moderate gambling disorders, and approximately 2.5 million adults in the country fit the criteria for having a severe gambling problem.


Specialists in addiction are growing more concerned about how sports betting affects young people, particularly boys and men. Addiction is more common among individuals who struggle with the problem as a result of the accessibility of sports betting apps and the institutionalization of sports wagering. The fact that younger people are more likely to develop a gambling problem adds credence to this worry.


The American Gaming Association has taken action to lower the danger of problem gambling in response to the expanding crisis. The usefulness of these actions is still up for discussion, though. While some experts contend that the industry should put more emphasis on site policing than on maximizing profits, others think that since sports betting is now legal, there is a greater chance of identifying problem gamblers and improved access to solutions for those with addiction.


As the country struggles with this problem, it is evident that a comprehensive strategy is required to address the escalating sports betting addiction crisis. This strategy should involve the industry putting in place efficient measures as well as raising awareness and providing support for individuals who are affected by gambling addiction.


"The rise of online sports betting has been like gambling addiction on steroids," one unnamed insider said, "and it's time we take a hard look at the impact it's having on our society."



If you are anyone you know have a gambling problem, call the National Council on Problem Gambling at 800-GAMBLER or text 800GAM

3 views0 comments

Comments


bottom of page