Why making Americans bet with cash could protect people from gambling problems
Gambling revenue in the U.S. reached $79 billion in 2025, a 20% increase over two years. Some experts suggest that requiring cash-only betting could help mitigate gambling-related problems.
Gambling has exploded in the United States. American casinos and sportsbooks earned US$79 billion in 2025, up nearly 20% from the $66.5 billion just two years earlier. That doesn’t include the enormous sums earned by prediction market companies, which are technically not considered gambling but instead help forecast future events. Regrettably, but not unexpectedly, the […]
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