Unregulated sports betting hurts customers…and states 261z73
Unregulated sports betting operators flourish in states where sports betting is not yet legal. These online platforms dodge U.S. laws that ensure consumer protection, age verification, and responsible gaming protections, putting customers at risk and depriving states of millions in tax revenue every year. 1k2f3v
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STATE OF PLAY: Sports Betting 56y34
Customers deserve access to legal, transparent, and consumer-protected platforms to enjoy sports betting online. That’s why SBA is working to end the offshore, illicit market for sports betting and create a consumer-protected online sports betting market in all 50 states.
We believe customers should have access to the benefits of legal sports betting with consumer protections and responsible gaming tools that do not exist on the unregulated market.
Recent Testimony 2h1x3p
TAKE ACTION 566k61
STATE REVENUE 73492h
Sports betting generates $14 billion a year in new tax revenue for states where it’s legal and regulated. Bets made with unregulated sportsbooks cost states nearly the same potential revenue — roughly $13 billion in tax revenue is lost every year that could go to educating kids, building roads, or helping families afford college.