A new report published by the Consumer Choice Center evaluates all 50 states on how consumer friendly their sports betting markets are. Unfortunately, with sports betting still illegal in Utah, Utah ranks dead last in the index. Utah, and the 14 other states who have maintained their ban on sports betting are in large part why the illegal betting market in the US is still thriving. It is estimated that the illegal sports betting market generated $50-$200 billion in revenue in 2020.
The Consumer Choice Center’s North American Affairs Manager, and co-author of the report, David Clement explained stating, “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. 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”
Read the full text here