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United States · Federal (Congress, Commodity Futures Trading Commission) · COFOG 04.7

Gambling and Betting

This area covers what Americans may stake money on and under whose rules — sports betting, online casino games, and the newer contracts that pay out on an outcome without being called gambling. It does not cover state lotteries, the tribal gaming compacts, or ordinary securities trading.

Where things stand

Since the Supreme Court struck down the federal ban in 2018, sports betting has gone from illegal almost everywhere to legal in 39 jurisdictions, about 31 of them with statewide betting on a phone. Americans wagered 166.94 billion dollars legally on sports in 2025, 11 percent more than the year before; sportsbooks kept 16.96 billion of it and state treasuries collected 3.71 billion in tax. The harm arrived with the volume and is visible in the one place that counts it: the national problem gambling helpline now takes more than 31,000 contacts a month, nearly half of them from people aged 18 to 34, and online or app-based gambling has risen from 23 to 31 percent of what callers name as their main problem. More than 73 percent of callers report financial stress connected to their gambling, up from 66 percent a year earlier. Two markets have meanwhile grown up alongside the licensed one and outside its rules. Sweepstakes casinos, which run casino games on a two-currency system so that the stake is nominally free, reached about 7.2 billion dollars of consumer spending, and eleven states have banned them since 2025. Prediction markets sell contracts that pay out on the result of a game, are regulated as financial derivatives rather than as gambling, and took 1.7 billion dollars of notional volume in June 2026 alone, roughly four fifths of it on sport; thirteen states are in litigation or enforcement against them.

Facts & figures
166.94 billion dollars
Legally wagered on sports in a year
↗ rising 11%, a record
16.96 billion dollars
Kept by sportsbooks; state treasuries collected 3.71 billion in tax
↗ rising 22.8%, faster than the amount wagered
39 jurisdictions
With legal sports betting; about 31 allow it statewide on a phone
↗ rising from none before 2018
31,000 a month
Contacts to the national problem gambling helpline; 49 percent are aged 18 to 34
↗ rising, and getting younger
31%
Share of helpline callers naming online or app-based gambling as their main problem
↗ rising from 23% a year earlier, as machines decline
73%
Callers reporting financial stress connected to their gambling
↗ rising from 66% in 2024
1.7 billion dollars
Notional volume on one prediction market in a single month, about four fifths of it on sport
↗ rising fast; 13 states in litigation or enforcement
7.2 billion dollars
Consumer spending on sweepstakes casinos, which run on a two-currency system
↗ rising from 4.8 billion in 2023; 11 states have banned them

Overview

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Betting standards Betting standards Event contracts Event contracts Sweepstakes casinos Sweepstakes casinos
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3× better · 3 on the previous scale (r) Scale: share of runs in which for − against > 0 · Scoring v1.3

Proposals

3 evaluated · sorted by balance
Last reviewed by Claude Opus 5 · September 6, 2026 · 1× AI, not yet reviewed by a human
  1. September 6, 2026AI reviewClaude Opus 5First evaluation

    Area created for the English side: definition, situation and key figures researched against official and industry statistics.

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