Hawaii Again Exploring Online Sports Betting Legalization
Hawaii lawmakers will again evaluate the legalization of online sports betting, as companion bills have been introduced in both the Senate and House.
Hawaii working group begins research on legalized gambling
Mike Lambert, director of the state Department of Law Enforcement, told fellow panel members that a roughly estimated $700 million to $800 million a year flows through illegal gambling enterprises statewide, largely in illicit game rooms where drug dealing, armed robberies and other criminal activity occurs.
Sports bettors could become victims of fraud if proper protections aren’t followed: IRS official
IRS Chief Guy Ficco urged those who sports bet to use reputable online big platforms, do research about where people deposit their money and be cautious.
Balancing Innovation and Risk: The Case of Legalized Sports Betting
Data from the Progressive Policy Institute shows “no sign of a tidal wave of bankruptcies or consumer credit downgrades in states that were early adopters of mobile sports betting.”
Better Business Bureau Study: Grey Markets and Illegal Gambling
BBB study finds consumers confused, upset amid hundreds of unlicensed and unverified casinos and sportsbooks.