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The legalization of gambling in the United States struggles against the expansion of the illegal market: 70% of revenue comes from offshore gambling platforms.

The legalization of gambling in the United States struggles against the expansion of the illegal market: 70% of revenue comes from offshore gambling platforms.

Despite the legalization of online gambling in multiple states across the US, illegal gambling still dominates. According to a new report by the "Gambling Total Revenue Movement" (CFG) and data agency Yield Sec, by 2024, only 26% of the total gambling revenue (GGR) will come from legal platforms, w

24like·0comment06-20
CFG report warns: Illegal gambling whales swallow 74% of the market, US online gambling regulation on the verge of losing control.

CFG report warns: Illegal gambling whales swallow 74% of the market, US online gambling regulation on the verge of losing control.

According to the latest report released by the data intelligence platform Yield Sec, commissioned by the Campaign for Fairer Gambling (CFG), illegal online gambling has fully penetrated the US market, causing billions of dollars in economic losses and posing a substantial threat to the legal gamblin

26like·0comment04-15
Yield Sec CEO: Up to 73% of global online gambling is illegal

Yield Sec CEO: Up to 73% of global online gambling is illegal

Yield Sec CEO Ismail Vali was outspoken at the early panel of the 2025 Barcelona ICE.Discussing Yield Sec's work on analyzing online gambling, Vali stated that there is no grey market, only "legal and illegal" gambling.Vali noted that various factors have led to an increase in illegal gambling in re

31like·0comment01-23
The Cordish Company is lobbying against the establishment of online casinos in Los Angeles, but states that it will continue operations even if legalized.

The Cordish Company is lobbying against the establishment of online casinos in Los Angeles, but states that it will continue operations even if legalized.

The day before the opening of the National Council of Legislators from Gaming States (NCLGS) in New Orleans, legislators from Louisiana began to learn about online gaming.At a hearing held by the Senate Judiciary Revenue and Fiscal Committee of the Louisiana State Legislature, many land-based casino

25like·0comment2024-12-17
Regulus Partners' report calls for stricter measures against black market gambling operators.

Regulus Partners' report calls for stricter measures against black market gambling operators.

Consulting firm Regulus Partners released a new report at the Lisbon SBC Summit, calling for governments to take stronger measures against the increasingly rampant black market gambling operators. The report outlines a series of measures aimed at curbing unlicensed gambling activities, warning that

0like·0comment2024-09-30

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