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Mobile apps have put sportsbooks in the hands of millions, and experts are seeing a surge in betting � and higher risk of problem gambling. As the Super Bowl approaches, a recovering addict shares his story.
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Vermonters bet just over $140 million in 2024, the first year of legal sports gambling in the state. During that time, the state has worked to grow its resources for people with gambling problems.
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Basketball was the most gambled-upon sport so far, and betting activity has slowed down into the summer.
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In the first month of legal sports betting in Vermont, the state made over $1 million. Most of the bets are coming from men under 35.
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State officials say they are very pleased with the rollout of online sports betting. The program generated nearly $2 million in state revenue in the first seven weeks.