Ahead of Super Bowl LX, Data Shows Definitive Drop in Legal Sports Bets in Illinois, Bucking National Trends
Ahead of Super Bowl LX, the Sports Betting Alliance cautioned Illinois policymakers as a third consecutive month of Illinois Gaming Board data showed a significant decline in legal sports betting following the implementation of the state’s per-wager tax last fall.
New Legal Sports Report-Sports Betting Alliance Super Bowl 60 Legal Wager Forecast Predicts Over $1.7 Billion From Legal Wagers On Super Bowl
A new analysis released today by Legal Sports Report, in partnership with the Sports Betting Alliance (SBA), forecasts that $1.71 billion will be legally wagered on Super Bowl 60 nationwide, demonstrating the continued growth of regulated sports betting markets across the United States and the popularity of one of the globe’s most-watched televised events. Legal Sports Report provided the underlying research and analysis used to develop the forecast.
Inside the Dark and Predatory World of Crypto Casinos
Many sites do not have strong identity verification and are able to advertise on social media with little oversight. Tech-savvy young people in the United States can gamble on them using false identities and readily available software to mask their locations, often unbeknownst to their parents.
States Are Raking In Billions From Slot Machines on Your Phone
By last year, [Pennsylvania] was collecting $1.05 billion in taxes from digital casinos, compared with $188 million from sportsbook apps. The revenue from casino games is significant: Pennsylvania’s entire state budget is about $50 billion.
Making legal sports betting more expensive carries big risks for consumer protections
The choice is clear: Illinois can preserve a stable, regulated marketplace by maintaining a tax structure that keeps operators and players in the legal market. Pushing players to bet more and shifting them to the black market are not desirable outcomes for anyone.
NBA Betting Scandal Shows How Legalized Gambling Actually Helps Root Out Corruption
Legalized sportsbooks, and their cooperation with the NBA and law enforcement, are likely a big reason the scheme was uncovered at all.