With “online casinos becoming unbelievably prevalent” there are a lot of sites out there that don’t follow proper customer protection protocols, IRS Chief Guy Ficco said.

“States are losing out by keeping this activity — that is already occurring within their borders — in the shadows.”

BBB study finds consumers confused, upset amid hundreds of unlicensed and unverified casinos and sportsbooks.

Virginia has vastly expanded gambling over the past few years, and another new form, iGaming, was debated at a committee hearing in Richmond Tuesday morning.

Virginia’s shift to online gambling has been dramatic — and has led to significantly more money flowing to state coffers. But offshore betting websites — unregulated, illegal and untaxed — are on the rise and competing for gamblers’ dollars.