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![\"\"](\"http:\/\/i60.tinypic.com\/34oc8y0.png\")
\n\tChart of illegal betting vs legal betting.<\/p>\n
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\n\tChart of illegal betting vs legal betting.<\/p>\n
\tChris Moyer, American Gaming Association<\/p>\n
\tWashington, DC\u2013 According to a first-ever estimate by the American Gaming Association (AGA) released today, Americans will make $3.8 billion worth of illegal bets on this year\u2019s Super Bowl between the New England Patriots and Seattle Seahawks. That figure stands in stark contrast to the approximately $100 million bet legally on the Super Bowl each year. In fact, the illegal market is 38 times greater than the legal one.<\/p>\n
\t\u201cCurrent law banning sports betting is clearly failing,\u201d said Geoff Freeman, president and CEO of the AGA. \u201cThe AGA is closely examining the current state of sports betting, the laws that govern it and the best way forward for the gaming industry.\u201d<\/p>\n
\n\tSource: American Gaming Association
\n\tFreeman will announce the numbers during a keynote speech, \u201cGaming \u2013 What it Means for America\u2019s Cities,\u201d at the US Conference of Mayors\u2019 83rd Winter Meeting in Washington, DC. To read the full text of Freeman\u2019s remarks, as prepared for delivery, please click here. Today, four states allow some form of sports betting, and the majority of such legal betting takes places in Las Vegas.<\/p>\n
\tLast week, in response to new guidance on sports books from the Financial Crimes Enforcement Network (FinCEN), the AGA urged further scrutiny of illegal sports betting. In November, the AGA announced it would work to identify the size and scope of the illegal sports betting market.<\/p>\n
\tA recent poll conducted by two prominent political pollsters found that voters across the political spectrum view gaming more favorably than ever before.<\/p>\n
No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chart of illegal betting vs legal betting. Chris Moyer, American Gaming Association Washington, DC\u2013 According to a first-ever estimate by the American Gaming Association (AGA) released today, Americans will make $3.8 billion worth of illegal bets on this year\u2019s Super…<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8566","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=8566"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8566\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=8566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=8566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=8566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}