US sports betting revenue: $17B in 2025
Sports betting raked in nearly $17 billion in gross gaming revenue in the US in 2025, up 23% from 2024, more than double the $8 billion recorded in 2022.
Snapshot · The Prof G Pod with Scott Galloway
Can OpenAI and Anthropic Justify Their Valuations? + Flock, Privacy, and Plummeting Crime
Explore episode
Oct 19, 2026
Where this was said
Q4: Should I Work at a Sports Betting Company?
At 28:59 · chapter starts 27:20
James's dilemma is a classic capitalist trade-off: a lucrative offer from an industry he personally finds harmful. Scott starts with the numbers: US sports betting revenue hit $17 billion in 2025, up from $8 billion in 2022, with Americans wagering $167 billion legally on sports. [1] — Scott Galloway "Sports betting is now a $17 billion industry in the US, and the data is alarming. Bankruptcies spike 30% when gambling is legalized in a st…" 28:59 He flags the societal toll — bankruptcies rise 30% when gambling is legalized, and one in two men under 25 bet on the Super Bowl — and frames it as a genuine crisis, not just a business. His personal stance is clear: he sold his Meta stock because he believes the company is deliberately addictive, and he won't pretend online gambling is different. But he stops short of moralizing. His practical advice is shrewd: go back to your current employer, tell them about the offer, and see if they'll match it — companies rarely recognize talent until it's about to walk. [2] — Scott Galloway "US sports betting revenue: $17B in 2025: Sports betting raked in nearly $17 billion in gross gaming revenue in the US in 2025, up 23% from …" 28:59 If the current employer can't match it and James still wants to take the betting job, Scott's verdict is plain: it's legal, we live in a capitalist society, forgive yourself and do great work.
Online Sports Betting Is a Societal Crisis
Sports betting is now a $17 billion industry in the US, and the data is alarming. Bankruptcies spike 30% when gambling is legalized in a state. Half of men under 25 bet on the Super Bowl. This is a crisis, even if that word is overused.
North Carolina sports betting up 34%
North Carolina grew its sports betting revenue 34% after only two full years of operation, placing it in the top 10 states for sports betting revenue.
Americans wagered $167B on sports in 2025
Americans legally wagered nearly $167 billion on sports in 2025, up 11% from the previous year, according to the American Gaming Association.
Gambling legalisation raises bankruptcies 30%
When gambling is legalized in a state, bankruptcies go up 30%, illustrating the societal costs Scott Galloway associates with the online gaming industry.
1 in 2 men under 25 bet the Super Bowl
Half of American men under the age of 25 bet on the Super Bowl, according to a statistic cited by Scott Galloway as evidence of a gambling crisis among young men.
Men Are Taking Risk in All the Wrong Places
Young men are betting on crypto, sports, and social media flame wars instead of applying for jobs, approaching people, and starting businesses. That substitution is catastrophic. The fix is simple: take less risk online, more risk offline.
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