These numbers are a bit shocking, but when you spend on a movie, you don't see some of that money back. It's time for better guidelines and limits on sports betting, the way we have guardrails on casinos

Gambling becomes America's favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined | Fortune

Gambling becomes America's favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined | Fortune

Americans wagered $166 billion on sports last year, more than Hollywood, the music industry, books, and museums combined.

fortune.com