Increasingly under pressure from online gambling platforms that are either illegal or operating in a regulatory gray space, states still have several avenues to protect their tax coffers and assure consumers’ protection, panelists at the National Council of Legislators from Gaming States (NCLGS) Winter Meeting in San Juan, Puerto Rico, said on Friday.
Key among them: pressuring tech or payment vendors with enforcement for working with sweepstakes casinos domestically, and encouraging interstate and federal cooperation that reaches offshore websites.
An August study released by the American Gaming Association (AGA) asserted that unregulated iGaming companies reaped $18.6 billion in revenue last year, which represented a 38% increase since 2022.
