Expert: Restricted U.S. access may hurt Bovada more on igaming than sports betting

Wednesday, October 16, 2024 4:50 PM
  • Matthew Bain, Casino Reports

Bovada could see a significant financial impact from 15 U.S. markets — and counting — sending it cease-and-desist letters.

But maybe not in the way you’d expect, according to one gambling expert.

Massachusetts recently sent a cease-and-desist letter to Bovada, the offshore betting megasite, joining Kansas, Pennsylvania, and Louisiana as recent additions to its list of restricted markets. Anyone can find that list on its website under the “Which Countries are Restricted?” section — which only includes U.S. markets and no other locations around the world.