New AGA Report Highlights Staggering Impact of Illegal Gambling in the U.S. Market

New Insights on Illegal Gambling in the U.S.

A recent report from the American Gaming Association (AGA) unveils sobering statistics about the state of illegal gambling in the United States. The analysis estimates that Americans stake approximately $673.6 billion each year via illegal and unregulated gambling operators. This not only diverts funds from legal operators but also undermines community resources essential for infrastructure, education, and public safety.

Growth of Illegal Gambling

The report pinpoints a remarkable 22% increase in the illegal market since the last AGA report in 2022. Despite a rise in legal gambling activities, the illegal market maintains a significant hold, accounting for roughly 31.9% of the total U.S. gaming market. This persistent issue has become a critical concern, as illegal operators continue to siphon revenue away from state-sanctioned providers, ultimately denying communities vital tax revenues needed for growth and wellbeing.

Economic Impact

The illegal gambling sector has contributed an estimated $53.9 billion in revenue for unregulated betting entities, leading to a staggering $15.3 billion in foregone tax revenue annually for states. AGA President and CEO Bill Miller stated, "Illegal gambling operators are thriving at the expense of American consumers, siphoning billions in tax revenue from state governments, and undercutting the efforts of the legal market."