Illegal online gambling market still robust despite legalization of sports betting over much of USA

Illegal online gambling market still robust despite legalization of sports betting over much of USA

Article brief provided by Covers
  • Michael McClymont, Covers
January 7, 2024 8:05 PM

America has an illegal gambling problem.

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While legal sports betting has been adopted in 37 jurisdictions, with Vermont joining the fray on Jan. 11, there are still a number of states that do not allow sports betting. And as a result, residents that reside in those states have been seeking alternative measures to place sports bets.

The matter was discussed this week at the National Council of Legislators from Gaming States winter meeting in Fort Lauderdale, Florida during a general session on illegal gambling in the retail and online markets.

Despite the repeal of Professional and Amateur Sports Protection Act (PASPA) and introduction of legal sports betting in many U.S. states, illegal offshore gambling sites remain available and as accessible as ever.