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AGA reports illegal gambling of $511 billion annually captures $13.3 billion in tax revenue in U.S.
According to the American Gaming Association’s latest report, an estimated $511 billion is the annual turnover of illegal and unregulated gambling in America. These illegal sportsbooks, iGaming websites, and unregulated casinos deprive state governments of $13.3 billion in tax revenue each year.
Illegal revenue estimates:
This presumed tax revenue is around $2.5 billion more than the state revenue generated by legal operators in 2021 (being $11.7 billion). Further, the illegal competition costs the legal gaming industry $44.2 billion in annual revenue to represent almost half of the $92 billion industry’s revenue in 2021.
“Illegal and unregulated gambling is a scourge on our society, taking advantage of vulnerable consumers, skirting …