Illegal gambling continues to thrive in the United States because of states like Georgia that ban betting on sports.
That’s according to a new report from the Consumer Choice Center, an advocacy group fighting for “lifestyle freedom, innovative technologies, and smart regulation.” The group looked at all 50 states to evaluate how consumer-friendly their sports betting markets are and, unsurprisingly, Georgia ranked last.
According to the report, Georgia and 14 other states have a ban on sports betting. Despite the bans, the illegal sports betting market generated an estimated $50 billion to $200 billion in revenue in 2020.
“The key to stamping out the illegal sports betting market is legalizing sports betting, and having an open and competitive market where legal sportsbooks compete for consumers,” David Clement, North American affairs manager for the Consumer Choice Center and co-author of the report, said in an announcement. “Not only does this help grow the legal market, it actively discourages consumers from placing bets in the illegal market which is ripe for fraud and abuse.
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