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.
Read More:
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.
TAKE ACTION
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
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.
In just five years New York has set the standard for regulated, legal sportsbetting. With some of the strongest consumer protections in the country, the state has demonstrated how legal and regulated sports betting can protect consumers, offer the critical transparency demanded to ensure integrity, and promote responsibility while also generating over $1 billion a year in tax revenue to support public education
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