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dastbe | 5 months ago

I was interested in this, so perusing I found https://govinfo.library.unt.edu/ngisc/reports/2.pdf which estimates in the late 90s

"Estimates of the scope of illegal sports betting in the United States range anywhere from $80 billion to $380 billion annually, making sports betting the most widespread and popular form of gambling in America."

which seems surprising even at the low end.

similarly from https://www.americangaming.org/new-aga-report-shows-american... in 2022

"AGA’s report estimates that Americans wager $63.8 billion with illegal bookies and offshore sites at a cost of $3.8 billion in gaming revenue and $700 million in state taxes. With Americans projected to place $100 billion in legal sports bets this year, these findings imply that illegal sportsbook operators are capturing nearly 40 percent of the U.S. sports betting market."

I think what would be more interesting to me is estimates on the unique number of citizens betting. Is it up? If so, how appreciably?

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