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.
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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
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
IGB October data shows second consecutive month of 15% decline in bets
Illinois’ sports betting industry experienced a pronounced drop in wagering volume this September, marking the first full month under the state’s newly implemented per-wager tax. Data from the Illinois Gaming Board (IGB)
Five million fewer bets were placed in September than in the same month in 2024, according to data from the Illinois Gaming Board�
"Overtaxing legal betting will send bettors either outside state lines, city lines, or to the predatory illegal market and have profound negative implications for the legal market and also future tax revenues here.