Online Gambling by US Citizens at Offshore Websites

in Business Risk

An estimated $2.6 Billion is illegally gambled on offshore gambling websites by residents of the United States each year. By comparison, between $2 to $3 Billion is wagered on sports in legal casinos in the state of Nevada.

In total, Americans place up to $500 Million in bets, both legal and illegal, on sports each year.

(Additional information about illegal online gambling.)

Source:  Geoff Freeman, “Policymakers must get on board with online gambling,” Las Vegas Review Journal, September 19, 2103.

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