Americans bet $166 B on sports, eclipsing movies, music, books, museums
In 2025 U.S. sports betting hit $166 billion, more than the combined revenue of movies, music, books and museums. Economists say the real figure could top $300 billion once tribal and prediction‑market bets are counted, meaning the average adult wagered $1,000 and lost about $100. The surge reshapes entertainment spending.