Size Matters: Quantifying the Illegal US Online Gambling Market

In 2022, the United States government generated approximatelty $953 million in tax revenue from online sportsbooks through October (Altruda 2). This amount marks continuing growth in the market as tax revenue has increased annually in the sports betting market. Compared to the $4.8 trillion accumulated in tax revenue by the U.S government in 2022, tax revenue totals from online sportsbooks account for 0.1%  increase in the previous total (Altruda 3).

How many states have legal daily fantasy sports?

• The scope of the study includes market sizing and forecast for segmentation by type and device.
• Raging Bull ranks as a top gambling site thanks to its overall ease of navigation, rewarding bonuses, and availability to all US players.
• Many offshore casinos include dozens of scratch titles, with payouts ranging from x1 to x5,000 your stake.
• With the mobile-first approach continuing to dominate the market, mobile-exclusive bonuses are proving effective in driving new sign-ups and increasing customer engagement.

In other words, the vast majority of American players are betting on their phones. According to a Nielsen survey, 71% of Americans would like to bet legally. This obviously means that there will be a huge untapped market with promising prospects available as soon as sports betting becomes legal in all 50 states. For instance, as of November 2018, New Jersey players wagered $238 million on sports online. To put these numbers into perspective, that’s 72% of all sports bets that were made during that period.

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This team carries out a strict auditing process when reviewing sites, assessing payout speed, game variety, software quality, level of security, mobile compatibility, and customer service. If you have a problem with a casino, you should first try to work it out with the management team at the site. If that doesn’t yield results, we suggest taking to a forum on a reputable site to voice concerns, as these sites work with management and have better odds of mitigating a dispute. Good sites will be able to pay you within a few days, while bad sites often draw out payments indefinitely and should be avoided. Some states, like Washington and Michigan, have started to ban or scrutinize sweepstakes casinos and they are generally not viewed in a positive light. Internet gamblers were much more likely to have gambling problems than non-Internet gamblers.

Most sweepstakes casinos are mobile-friendly and easy to access via apps or browsers. There are a lot of rogue casinos that are badly run and others that are just scams looking to take your money. We recommend you check out our blacklist and stay away from any of the sites on that page, as they’re money pits that will provide heartache.

This money was sent for the use of Iowa’s general assembly, responsible for funding higher education in the state (Brainerd 4). Other states with low populations should allow online sports betting as a result of Iowa’s benefits. Given that the main market in these states are agricultural, implementing a new market into the state diversifies its economy. Being a smaller state with little sports activity, Iowa’s financial benefits demonstrate that online top casino bonuses in usa sports betting has positive effects on both large and small market states. The sports betting segment accounted for the largest market share of over 49% in 2024, driven by the widespread legalization and growing acceptance of sports betting across various U.S. states.

While neighboring New Jersey led the way for a while, the Keystone State quickly grew into a premier destination for online gambling in the USA. It’s your responsibility to find out if playing online gambling games is legal (or not) where you live. Again, these sites haven’t been licensed to operate in the US, and are operating in other jurisdictions to avoid the US government. The safer option is to play at licensed US sites if you happen to be located in Delaware, Nevada or New Jersey.