WHO Predicts $1 Trillion in U.S. Online Gambling Losses by 2028

The World Health Organization (WHO) has recently made a startling prediction: by 2028, the United States could see online gambling losses exceed $1 trillion.This projection has significant implications for public health, the economy, and Online Betting regulatory frameworks. Let's delve into the various aspects of this prediction, exploring the factors contributing to these losses, the potential impacts, and the measures that could be taken to mitigate them. The Rise of Online Gambling Online gambling has seen exponential growth over the past decade. The convenience of gambling from home, coupled with the proliferation of smartphones and internet access, has made it easier than ever for people to participate in online betting. In the U.S., the legalization of online sports betting and casino games in several states has further fueled this growth. As of 2024, seven states permit real money online casinos, including Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia.Additionally, online sports betting is legal in more than 30 states.