Why making Americans bet with cash could protect people from gambling problems

By: Jay L. Zagorsky

Outlets: Nevada Current

Published: September 25, 2026

Words: 1,375

Last Updated: 3 weeks, 2 days ago

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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 widespread ability to gamble is also causing major scandals.

For example, the chief of …

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