One in 5 Americans (20%) placed a sports bet in the past 12 months, according to a new NerdWallet survey. Some plan to up the ante in 2025.
The 2025 Sports Betting and Gambling Survey by NerdWallet reveals a significant increase in gambling activities among Americans, with 53% of adults having gambled in the past year, up from 45% in 2021. The survey highlights a shift towards online gambling, with 37% of gamblers using online platforms, a rise from 29% in 2021. Sports betting has seen a notable uptick, with 26% of gamblers placing bets on sports, driven by the legalization of sports betting in more states. However, the survey also points out concerns about gambling addiction, with 14% of gamblers admitting to betting more than they can afford, and 10% feeling they might have a gambling problem. There's also a generational divide, with younger adults (18-34) more likely to engage in gambling, particularly through mobile apps, while older generations prefer traditional casino visits. The survey underscores the need for responsible gambling practices and awareness of the potential risks associated with increased accessibility to gambling.
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Tue, January 28, 2025
