U.S. illegal gambling robbing states of $13.3b tax annually: AGA

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Trib Live

Bill Miller: Federal response to illegal gambling needed

In May 2018, the U.S. Supreme Court issued its landmark decision to overturn the Professional and Amateur Sports Protection Act (PASPA), paving the way for legal sports betting across the country. Six years later, 38 states and Washington, D.C., now have legal wagering markets, working together with legal gaming operators, sports leagues and other…

Law ・ 29 May 2024

HMG

Online Casino Taxes: How Governments Benefit from Regulated Gambling

Online gambling has exploded in popularity over the past two decades, with revenues expected to exceed $23.03 billion by the end of this year. As more countries legalize and regulate online casinos, governments are able to benefit from taxing these operations. Taxes on regulated online gambling provide governments with substantial revenue while…

Law ・ 06 May 2024

Sports Handle

Push Continues For Crackdown On Illegal Gambling

repeal of PASPA allowed for states to host legalized sports betting, there's still a push by those inside the industry to crack down on the illegal market. "What we're looking for is continued focus on enforcement of laws and cracking down on illegal markets that are preying on vulnerable customers," Casey Clark, the senior vice president of…

Law ・ 19 October 2023

Yogonet

Pace-O-Matic congratulates US casino industry on best July ever, but calls out "attacks" on skill-based gaming

Gaming machines manufacturer Pace-O-Matic (POM) has congratulated the U.S. casino industry and the American Gaming Association (AGA) on reporting their best July in history while simultaneously complaining that the legal industry keeps "attacking" the so-called "skill gaming" sector in several states. According to a report from AGA, commercial…

Industry ・ 21 September 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

WJTV

How legal and illegal gambling compare in the industry

For nearly as long as humans have been alive, they've fallen under the allure of placing bets and winning big. Evidence of gambling dates back to 3000 B.C., when archaeologists uncovered six-sided dice in what is now modern Iraq. When anthropologist Alfred Kroeber published his 1948 survey of world cultures, he found it much easier to count the…

Law ・ 03 July 2023

commonwealthmagazine.org

Gaming Commission asks feds to shut down illegal gambling

GAMBLERS IN MASSACHUSETTS have a full menu of wagering options to choose from these days: physical casinos, sports betting in person or online, and the state lottery, which some officials are itching to bring online as well. One thing not on the menu, Bay State regulators want to make clear, is illegal gambling. Members of the Massachusetts Gaming…

Law ・ 31 May 2023

Casino Guru

Americans spend $500bn on illegal gambling annually

Long overdue, the American Gaming Association has issued a new report on the state of the illegal gambling industry in the United States at a time when and the District of Columbia have legalized their betting activities, and at least five states in the country are pending launches, along with six or so states that presently allow online casino…

Law ・ 03 December 2022

Vegas Slots Online

Americans Illegally Gamble Half a Trillion Dollars Annually

A new American Gaming Association (AGA) report reveals that Americans illegally gamble about $511bn every year. The report, published on Wednesday, says that state governments miss out on about $13bn of potential tax revenue from this gambling activity each year. Legal operators also miss out on annual revenue of $44bn, which was almost half of the…

Law ・ 01 December 2022

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iGaming Brazil

New AGA report shows Americans gamble more than half a trillion dollars illegally each year

Americans spend an estimated $511 billion a year on illegal and unregulated sports betting, iGaming sites and so-called "gaming of skill", according to a new report from the American Gaming Association (AGA). Illegal betting'stole' $13.3 billion in tax revenue from state governments in 2022, nearly $2.5 billion more than legal operators in 2021…

Law ・ 05 December 2022

World Casino News

Illegal gambling in U.S. amounts to $511 billion according to AGA

According to the American Gaming Association's latest report, an estimated $511 billion is the annual turnover of illegal and unregulated gambling in America. These illegal sportsbooks, iGaming websites, and unregulated casinos deprive state governments of $13.3 billion in tax revenue each year. Illegal revenue estimates: This presumed tax revenue…

Law ・ 05 December 2022

Yogonet

Americans gamble an estimated $511B illegally each year, according to new AGA report

Americans gamble more than half a trillion dollars illegally each year, according to a new American Gaming Association (AGA) report. Bettors gamble an estimated $511 billion yearly with illegal and unregulated sportsbooks, iGaming websites and so-called "skill games," with predatory operators costing state governments about $13.3 billion in lost…

Law ・ 01 December 2022

Gambling News

AGA Worried with the Size of Illegal Betting and Gaming Market

A survey of 5284 US adults conducted on behalf of the American Gaming Association (AGA) revealed that 49% of the bettors who wagered in the past year have placed a bet with an illegal operator and 48% of online slots or table game players have played with an illegal online casino. Stunned at the size of the illegal gaming market in the US, the AGA…

Industry ・ 30 November 2022

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iGaming Business

Illegal gambling: US players bet $511bn per year

The report was produced by the Innovation Group and examined three sectors of illegal or "grey-market" gambling: sports betting, online casino and "skill gaming" machines. The Innovation Group conducted a survey of 5284 US adults, asking questions about "their overall gambling habits for both land-based and interactive and regulated and unregulated…

Law ・ 30 November 2022

Recent Slot Releases

New AGA Report Shows Americans Gamble More Than Half a Trillion Dollars Illegally Each Year

Americans gamble an estimated $511 billion each year with illegal and unregulated sportsbooks, iGaming websites and so-called "skill games," according to a new report from the American Gaming Association. This illegal wagering robs state governments of $13.3 billion in tax revenue annually, nearly $2.5 billion more than legal operators generated in…

Law ・ 30 November 2022

The Nevada Independent

Gamers seek crackdown on estimated $300 billion illegal gambling market

Reports of a growing illegal gambling market consisting of unregulated slot machines in several states concerned Penn Entertainment CEO Jay Snowden enough to look into it. The regional casino operator has 43 properties in 20 states, including the M Resort in Henderson. Seven of those licensed gaming locations are in its home state of Pennsylvania,…

Law ・ 17 October 2022

Top US Casinos

At G2E, AGA President Miller Focused on Illegal Offshore Gambling

LAS VEGAS - Each year at G2E, the annual conference and trade show that brings together the gaming industry, a handful of themes emerge. Last year, the chatter was about the exploding online sports gambling industry and the attendant concerns regarding the blitz of television advertising and the promotional free spending of online sportsbook…

Poker ・ 12 October 2022

Review Journal

Nevada, US casinos break revenue records in May

Commercial casinos across the United States continue to rewrite revenue record books as the American Gaming Association said the industry had the best May ever and the second-best revenue month in history. In May, the industry hit $5.03 billion in revenue, up 7.9 percent year-over-year, despite widespread macroeconomic concerns, the…

Finance ・ 14 July 2022

AGB - Asia Gaming Brief

ARF finds 61% of online gambling sites illegal, with junkets fuelling growth

Global online gambling is booming, although a major new analysis has found that about 61 percent of online betting sites are effectively operating illegally, especially in Asia, where junkets are playing an increasing role. The 94-page report from the Asian Racing Federation examines a wide-ranging series of themes related to online gambling and…

Gambling Sites ・ 16 May 2022

Gambling

AGA Stance On Online Casinos And Online Poker

In its recent survey estimating the size of the illegal online gambling market, the American Gaming Association (AGA) placed the amount wagered through illegal channels at more than $500 billion. According to the AGA, that half-trillion dollars is taking a $44 billion bite out of the licensed gambling industry. Per the AGA, illegal gambling is…

Law ・ 15 December 2022

Card Player

Americans Bet Billions Illegally Each Year, Casino Lobby Says

Americans gamble an estimated $511 billion each year with illegal and unregulated sportsbooks, online casino websites and so-called "skill games," according to a new report from the American Gaming Association. States are missing out on $13.3 billion in tax revenue annually, nearly $2.5 billion more than legal operators generated in 2021 ($11.7…

Law ・ 01 December 2022

The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz American Gaming Association CEO Bill…

Industry ・ 07 December 2022