Nearly half of sports gamblers like those who bet on the World Cup still do it illegally, and it's costing your state millions in tax revenue

Dec 19 2022 by Business Insider

 

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Nearly half of US sports bettors placed an illegal bet over the past year. It's costing state government millions in tax revenue. Online slots and unregulated machines are costing states even more.

Millions of Americans placed bets on the World Cup over the past month, but many likely did so illegally. Illicit sports betting — and illegal gambling more broadly — is costing states millions in tax revenue, and someday, taxpayers could be called upon to foot...

Continue Reading Nearly half of sports gamblers like those who bet on the World Cup still do it illegally, and it's costing your state millions in tax revenue