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Unregulated sports betting hurts customers…and states 2m5k2j

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. 645956

Read More: 732r1d

Legal Sports Betting Is a Good Thing. Here's Why. 4j5g5c

Legal gaming is one of the most regulated industries in the U.S., and the industry itself invests heavily in responsible gaming initiatives to ensure that participants can engage in this activity positively

Newsweek

Dec 13, 2024

‘Social sportsbook’ apps are luring young fans — and raising alarms 1r4q1s

Fliff and similar apps can essentially groom underage people, advocates warn, training them to gamble at ages when they are more susceptible to addiction

Washington Post

Feb 5, 2024

STATE OF PLAY: Sports Betting 3q6627

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.

Mobile sports wagering allowed
Allows retail sports wagering but mobile sports wagering not approved yet
Wagering at Tribal Casinos only

Recent Testimony 6s4a2j

The Senate State Government, Wagering, Tourism & Historic Preservation Committee and the Assembly Tourism, Gaming and the Arts Committee met tly. The committee received testimony from invited speakers on the topic of online sports betting and its impact on the State

Oct 24, 2024

TAKE ACTION 5n3l56

Louisiana
Tell your legislator: No to a new tax hike on online sports betting
 
Minnesota
Isn't time we had online sports betting in Minnesota?!? Take action now
 
Mississippi
Take action NOW! Tell your legislator to legal mobile sports betting
 
New Jersey
We need you to stand up and tell your NJ lawmakers no tax hikes on online betting
 
Ohio
We need sports fans like you to stand up and tell your state lawmakers no tax hikes on sports betting
 

STATE REVENUE 6sx2m

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.

State collects $401M in sports betting taxes in four months; What’s the money used for? 604o3w

"So, for the money that New York State collects in taxes from sports betting companies, where does the money go? A lot of the money goes to funding education.

WHEC.com

Oct 15, 2024

North Carolina sports betting revenue sures expectations as retail options loom 4y6153

"North Carolina’s sports betting initiative has far exceeded initial financial forecasts, accumulating over $62 million in tax revenue since its inception on March 13.

Yogonet

Sep 27, 2024

Recent Legislation 3yo44

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LATEST NEWS 3e1m52

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Statement on Illinois Per Bet Tax 6f1j59

Make no mistake, this discriminatory tax increase on legal sportsbooks will be destabilizing for regulated sports betting in Illinois

Jun 2, 2025

Are We Going to Tax Mobile Tax Betting Out of Business? -- Talk 107.3 FM 3m2c73

The potential negative impact on the sports betting industry and the broader economy from Louisiana's House Bill 639, which proposes to increase the tax rate on sports betting in from 15% to 32.5%

May 7, 2025

Making the Case to Leave Sports Betting Alone -- Talk 107.3 FM 12385b

A proposed bill on sports betting to significantly increase the tax rate on sports betting in Louisiana could have negative consequences for the industry and consumers. Listen to learn more

May 2, 2025

Column: Online sports betting already in play, now is time to regulate 502o2g

Hawaii has the chance to get sports betting right by following the example of many mainland states in creating a strictly regulated and transparent sports betting market that can provide revenue for the state and protections for players

Apr 25, 2025

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Ohio Governor Looking to Double Sports Betting Tax 5h5u49

The move has raised many eyebrows, primarily because it could result in a decline in Ohio’s sports betting sector. There are also fears that a surge in betting costs could see sportsbook operators leaving the state and encourage bettors towards using illegal offshore sites

Mar 7, 2025

Ohio Warned Sports Betting Tax Hike Will Also Hurt Bettors 5t503x

Ohio lawmakers are being warned that “Bob and Betty Buckeye” will also feel the pain of another doubling of the state’s tax rate for sportsbook operators, not just gambling companies

Mar 5, 2025