Rising Gambling Concerns Meet Enhanced Player Protections in Evolving US Market
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Growth of Legal Sports Betting: The legalization of sports betting in the U.S. has led to a significant increase in consumer participation and a $121 billion market by 2023, but it also raises public health concerns as searches for gambling addiction help have surged by 23% since 2018.
Public Health Response and Regulation: States are adapting to the new gambling landscape by integrating gambling disorder training in medical programs and exploring funding for treatment through sportsbook tax revenues, while Washington Lottery sets an example with its responsible gambling practices and certification efforts.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
