Illegal sports betting
Offshore websites and illegal bookmakers still take an estimated $84 billion in wagers a year, even where sports betting is legal.
Illegal Gambling
Exploiting communities. Draining public resources. Manipulating vulnerable consumers.
America’s illegal gambling market is large, dangerous, and growing
This underground economy generates $53.9 billion in revenue annually from offshore betting rings and unregulated machine operators, while state governments miss an estimated $15.3 billion in taxes.
Since 2022 the illegal market has expanded by 22%, fueled by illegal online casinos, unregulated slot machines, and offshore sportsbooks. Americans wager $673.6 billion a year with illegal and unregulated operators.
Sports event contracts
Products labeled as futures or swaps mimic sports betting and are offered in states that have not authorized commercial sports betting.
Illegal iGaming
Unlicensed online casinos take wagers without the licensing, tax, and player-protection rules that apply to regulated operators.