American Betting at $500 Billion a Year Illegally


Now we know. , and now the American Gaming Association has the data. Even with expanded gambling across the country, illegal American betting has not slowed down. Right now, folks in the United States are placing half a trillion dollars a year with offshore online sites, unregulated gaming machines, and even the neighborhood bookie. This according to a new report from the American Gaming Association. That report making gambling headlines showed that unregulated American betting robs state governments of $13.3 billion in tax revenue annually, nearly $2.5 billion more than legal operators generated in 2021 ($11.7 billion). It also costs…

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