Unregulated sports betting hurts customers…and states
Unregulated sports betting operators flourish in states where sports betting is not yet legal. These online platforms dodge U.S. laws that ensure consumer protection, age verification, and responsible gaming protections, putting customers at risk and depriving states of millions in tax revenue every year.
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STATE OF PLAY: Sports Betting
Customers deserve access to legal, transparent, and consumer-protected platforms to enjoy sports betting online. That’s why SBA is working to end the offshore, illicit market for sports betting and create a consumer-protected online sports betting market in all 50 states.
We believe customers should have access to the benefits of legal sports betting with consumer protections and responsible gaming tools that do not exist on the unregulated market.
STATE REVENUE
Sports betting generates $14 billion a year in new tax revenue for states where it’s legal and regulated. Bets made with unregulated sportsbooks cost states nearly the same potential revenue — roughly $13 billion in tax revenue is lost every year that could go to educating kids, building roads, or helping families afford college.
LATEST NEWS
Legal and regulated sounds like a brand promise. It is actually a list of specific, enforceable consumer protections an offshore operator does not, and structurally cannot, provide. Four of them, side by side, explain why the word legal carries any weight at all
Misrepresenting data can lead to bad policy, which carries real consequences for people who are struggling with gambling disorders and depend on services funded, in part, by legal, regulated sports books and increasing tax revenues from these regulated frameworks
Match-fixing thrives in darkness. The World Cup is a reminder that legal, regulated sports betting helps bring it into the light
The surge in betting activity surrounding the FIFA World Cup is renewing efforts by sports betting advocates to convince Texas lawmakers to legalize sports wagering during the upcoming legislative session
Since sports betting became legal in May 2020, the state has collected more than $154 million in taxes, and the Colorado Water Conservation Board has funneled $140 million to various projects that preserve and conserve Colorado’s precious water
Licensed sportsbooks in Kansas and Missouri said they are prepared for new and visiting bettors during the World Cup, while warning that illegal, offshore betting sites may also target fans
If Alabama lawmakers stay with the status quo, predatory gambling operations will continue to grow. One Alabama college student shares his thoughts with the Alabama Political Reporter
"The economic benefits to our communities are disappearing. And tax revenues are poised to follow.
An absence of legalization doesn’t mean an absence of harm — Minnesota residents are placing risky online sports bets daily
"Betting on sports has long been happening in the Gopher State — but in the shadows of illegitimacy rather than in the bright light of responsible and lawful behavior.