The post Americans expected to bet record $30 billion legally appeared on BitcoinEthereumNews.com. The college football season has kicked off, and the NFL’s regular season begins next week, which means sportsbooks are getting ready for the biggest opportunity of the year to sign up new customers and grow the wagering pot.  Americans are expected to wager a record $30 billion this NFL season through legal gambling, an 8.5% increase from last year, according to estimates by the American Gaming Association. The biggest players in the space, Flutter-owned FanDuel and DraftKings, are facing growing competition from BetMGM and Caesars. thOer players are looking to get in the game, as online broker Robinhood teamed up with Kalshi to offer football prediction markets. However, the largest threat these companies face are from the offshore, unlicensed sportsbooks such as Bovada, MyBookie and BetOnline. DJ Giddens, #21 of the Indianapolis Colts, runs the ball as Bo Melton, #16 of the Green Bay Packers, reaches for the tackle during the 2025 NFL preseason game between the Green Bay Packers and Indianapolis Colts at Lucas Oil Stadium in Indianapolis, Indiana, on Aug. 16, 2025. Michael Hickey | Getty Images It’s something that prosecutors are starting to crack down on. The Los Angeles city attorney filed a civil enforcement action on Thursday against online sweepstakes casino operator Stake.us and 20 other related companies, including publicly traded Evolution. In the landmark lawsuit, prosecutors allege the companies of running illegal gambling operations and are asking the court to shut down operations and refund player losses. Earlier this month, 50 attorneys general wrote a letter to the Justice Department asking the federal government to crack down and step up enforcement against unlicensed gambling because states are losing an estimated $4 billion in tax revenue. Data from geolocation tracking company GeoComply shows states that take active enforcement measures against illegal offshore sportsbooks have a 10% higher… The post Americans expected to bet record $30 billion legally appeared on BitcoinEthereumNews.com. The college football season has kicked off, and the NFL’s regular season begins next week, which means sportsbooks are getting ready for the biggest opportunity of the year to sign up new customers and grow the wagering pot.  Americans are expected to wager a record $30 billion this NFL season through legal gambling, an 8.5% increase from last year, according to estimates by the American Gaming Association. The biggest players in the space, Flutter-owned FanDuel and DraftKings, are facing growing competition from BetMGM and Caesars. thOer players are looking to get in the game, as online broker Robinhood teamed up with Kalshi to offer football prediction markets. However, the largest threat these companies face are from the offshore, unlicensed sportsbooks such as Bovada, MyBookie and BetOnline. DJ Giddens, #21 of the Indianapolis Colts, runs the ball as Bo Melton, #16 of the Green Bay Packers, reaches for the tackle during the 2025 NFL preseason game between the Green Bay Packers and Indianapolis Colts at Lucas Oil Stadium in Indianapolis, Indiana, on Aug. 16, 2025. Michael Hickey | Getty Images It’s something that prosecutors are starting to crack down on. The Los Angeles city attorney filed a civil enforcement action on Thursday against online sweepstakes casino operator Stake.us and 20 other related companies, including publicly traded Evolution. In the landmark lawsuit, prosecutors allege the companies of running illegal gambling operations and are asking the court to shut down operations and refund player losses. Earlier this month, 50 attorneys general wrote a letter to the Justice Department asking the federal government to crack down and step up enforcement against unlicensed gambling because states are losing an estimated $4 billion in tax revenue. Data from geolocation tracking company GeoComply shows states that take active enforcement measures against illegal offshore sportsbooks have a 10% higher…

Americans expected to bet record $30 billion legally

The college football season has kicked off, and the NFL’s regular season begins next week, which means sportsbooks are getting ready for the biggest opportunity of the year to sign up new customers and grow the wagering pot. 

Americans are expected to wager a record $30 billion this NFL season through legal gambling, an 8.5% increase from last year, according to estimates by the American Gaming Association.

The biggest players in the space, Flutter-owned FanDuel and DraftKings, are facing growing competition from BetMGM and Caesars. thOer players are looking to get in the game, as online broker Robinhood teamed up with Kalshi to offer football prediction markets.

However, the largest threat these companies face are from the offshore, unlicensed sportsbooks such as Bovada, MyBookie and BetOnline.

DJ Giddens, #21 of the Indianapolis Colts, runs the ball as Bo Melton, #16 of the Green Bay Packers, reaches for the tackle during the 2025 NFL preseason game between the Green Bay Packers and Indianapolis Colts at Lucas Oil Stadium in Indianapolis, Indiana, on Aug. 16, 2025.

Michael Hickey | Getty Images

It’s something that prosecutors are starting to crack down on.

The Los Angeles city attorney filed a civil enforcement action on Thursday against online sweepstakes casino operator Stake.us and 20 other related companies, including publicly traded Evolution. In the landmark lawsuit, prosecutors allege the companies of running illegal gambling operations and are asking the court to shut down operations and refund player losses.

Earlier this month, 50 attorneys general wrote a letter to the Justice Department asking the federal government to crack down and step up enforcement against unlicensed gambling because states are losing an estimated $4 billion in tax revenue.

Data from geolocation tracking company GeoComply shows states that take active enforcement measures against illegal offshore sportsbooks have a 10% higher growth in active players year over year and had 38% more new player sign-ups in August.

Get the CNBC Sport newsletter directly to your inbox

The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox.

Subscribe here to get access today.

Source: https://www.cnbc.com/2025/08/29/american-sports-betting-2025-nfl-season-football.html

Market Opportunity
Manchester City Fan Logo
Manchester City Fan Price(CITY)
$0.6753
$0.6753$0.6753
+1.56%
USD
Manchester City Fan (CITY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

England’s Titanic Hitters Cruise Past Ireland In First T20 At Malahide

England’s Titanic Hitters Cruise Past Ireland In First T20 At Malahide

The post England’s Titanic Hitters Cruise Past Ireland In First T20 At Malahide appeared on BitcoinEthereumNews.com. DUBLIN, IRELAND – SEPTEMBER 17: Phil Salt of England hits out for six runs watched by Ireland wicketkeeper Lorcan Tucker during the first T20 International match between Ireland and England at Malahide Cricket Club on September 17, 2025 in Dublin, Ireland. (Photo by Gareth Copley/Getty Images) Getty Images England continued their brutal form in T20 internationals after they beat Ireland on Wednesday in the first of a three-match series. A trip across the Irish sea was a gentle introduction for stand-in captain Jacob Bethell as his side completed a comprehensive four-wicket win over the Green and Whites within the attractive environment of Malahide Castle and Gardens. England have now scored over 500 runs in the last two T20s. They mauled South Africa at Manchester last Tuesday, recording the highest score by a Full Member nation in the format. Phil Salt, who belted 141 at Old Trafford, fell 11 runs short of another century in his quest to be the best T20 batter in the world. Salt swiped his bat against his pad in anger as he walked off, but he has smashed a combined 12 sixes and 25 fours in those knocks. Ireland had batted well, scoring 25 boundaries after a relatively subdued powerplay. Lorcan Tucker averages over 40 in Test cricket, and his multi-format skills had a breezy outing here. The wicketkeeper hit a splendid 55 as he put on a stand of 123 with Harry Tector, who made 63. The only black mark against England was the bowling effort. Adil Rashid suffered more than usual in the truncated series against the Proteas, and he chucked in some ropey deliveries in North Dublin too. Jamie Overton has taken himself out of red-ball selection, but he was wayward in length. Sam Curran, England’s bits and pieces specialist, didn’t have his…
Share
BitcoinEthereumNews2025/09/18 07:53
Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme

Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme

The post Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme appeared on BitcoinEthereumNews.com. Crypto Fraud Exposed: Utah Man Receives 3-Year
Share
BitcoinEthereumNews2026/01/16 11:56
Zero Knowledge Proof (ZKP) Set To Explode 3000x, Surpassing POL And Ethereum As The Next Crypto Breakout

Zero Knowledge Proof (ZKP) Set To Explode 3000x, Surpassing POL And Ethereum As The Next Crypto Breakout

Explore Zero Knowledge Proof (ZKP) as it targets 3000x gains, outperforming POL and Ethereum while capturing major attention from crypto investors worldwide.
Share
CoinLive2026/01/16 12:00