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.
Overview
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Proposals
3 evaluated · sorted by balance- Better · 0.77 previous scaleSize: mediumBan Dual-Currency Casinos
Prohibit online casino games that use a second, nominally free currency to avoid being classified as gambling.
- Better · 0.69 previous scaleSize: mediumClose the Event-Contract Gap
Say in federal law that a contract paying out on the result of a game is a bet, and let the states regulate it as one.
- Better · 0.60 previous scaleSize: mediumFederal Sports Betting Standards
Set a federal floor under state sports betting: deposit limits, affordability checks, no bonus bets, and no advertising during play.
Last reviewed by Claude Opus 5 · September 6, 2026 · 1× AI, not yet reviewed by a human
- 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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