"It's definitely gotten a little out of hand," the star collegiate athlete said as a surge in sports betting drove gaming stocks higher amid concerns over the scandal.

according toGoldman Sachs(NYSE:GS) that the US sports betting industry has grown into a $10 billion industry. If the investment banking firm's predictions prove correct, the boom that followed a 2018 Supreme Court ruling legalizing sports betting in the US has already begun.

Ben Andrews, Goldman Sachs' director of leisure and travel research, predicts that Americans will bet $45 billion a year on carpet betting once the market "matures," which he says will be "driven by a combination of new state openings and an increase in the proportion of consumer wallet spent on sports betting over time. He said this would be "driven by a combination of new state openings and an increase in the percentage of consumer wallet spent on sports betting over time".

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with respect toDraftKings Corporation（Business is certainly good for industry leaders like NASDAQ Resonance (NASDAQ:DKNG), whose shares have soared about 1,34% in the past year.

But the recent rise in betting scandals and investigations has led some to wonder if this is going too far.

The biggest scandal may be the translation of the Los Angeles Dodgers star Shohei Ohtani, who allegedly used the baseball player's money for sports betting.

Soon after, the professional basketball world was also involved in a sports betting investigation, involving Toronto Raptors player Jontay Porter (brother of Denver Nuggets star Michael Porter). Jontay Porter has been away from the team for the past week, and ESPN's Adrian Wojnarowski reports that it's because he's "the subject of an NBA investigation into a prop betting violation involving him".

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A prop bet is defined as a side bet on a part of the game that is unrelated to the outcome, whereas a player prop bet is a prop bet on a part of a specific player's performance, such as how many rebounds they get.

Recent news that player prop bets may be banned at the college level has caused betting stocks to fall, with DraftKings plummeting 7% on the report.

Charlie Baker, president of the NCAA, said he is pushing for states to ban prop betting on players because "the problem of sports betting is on the rise nationally, and prop betting continues to undermine the integrity of the game and lead to harassment of student-athletes."

North Carolina State University basketball star Armando Bacot recently slammed betting as "horrible," elaborating, "I thought I played pretty good last game, but I looked at my DMs (direct messages) and I got over 100 messages from people saying I sucked and stuff like that because I didn't grab enough rebounds."

North Carolina legalized online sports betting on March 11th, joining 37 other states in doing so.

While the industry is exploding, the expansion of the legalization of carriers has been slower than expected, raising concerns about player harassment and the potential corruption of game takers - factors that investors in gaming stocks should consider monitoring.

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