Despite the rapid growth of legal sports betting and online gaming, a new report from the American Gaming Association (AGA) finds that nearly one-third of all gambling in the U.S. still happens outside the law. Americans are funneling an estimated $673.6 billion a year into unregulated gambling, costing states billions in lost tax revenue and […]
Illegal Sports Betting
Tennessee Fines Offshore Operators as Illegal Betting Crackdown Heats Up
Tennessee is ramping up its efforts to stamp out illegal sports betting, slapping $50,000 fines on offshore operators Lowvig and Sportsbetting.ag for continuing to target state residents despite cease-and-desist orders issued in April. The fines mark the sixth and seventh penalties handed out by the Sports Wagering Council (SWC) as part of its aggressive campaign […]
