Sports Betting Revenue: Revenue for sports betting has been climbing. For the first half of 2022 revenue totaled just over $3 billion compared to $4.3 billion for all of last year. Morgan Stanley forecasts revenue to reach $7 billion by 2025. Also, in 2021 Americans bet $57.2 billion on sporting events, a year-over-year increase of 165%.


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Television ads for sportsbooks in neighboring Connecticut, New Hampshire and Rhode Island air regularly during Red Sox and Patriots games. Enticing ads on social media offer free play, claim to be "risk-free," and promote gambling as a fun and even useful skill to have.
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