Sports betting is America’s new pastime—and it’s bigger than movies, music, and museums together as Americans wage a whopping $166 billion on bets
Americans spent more on sports bets last year than on movies, music, and museums combined—and the industry taking a growing share of that money isn’t a sportsbook at all. In 2025, Americans placed roughly $166 billion in bets on sporting events. Fortune reported last week 35% of bettors say they’re using traditional sportsbooks less because…