According to the AGA Report, Americans gamble illegally for more than $500 billion annually.

[MiaLuca]

The American Gaming Association (AGA) reported that Americans bet an approximately $511 billion through unlicensed bookmakers and websites each year.

Americans spend more than $500 billion on illicit gambling annually, according to a report last week from the AGA on the money spent in the unlicensed sports betting and gaming business.

The results are based on research done by The Innovation Group for the American Gaming Association, which polled 5,284 American adults about their gaming habits with both legal and illicit operators over the previous year. The study contained publicly accessible data on the legal U.S. gaming market, and the survey also asked about their experiences with unregulated gambling machines.

 

[Julio88]

This is actually a lot of money that has been geared towards illegal gambling, and this is what gambling regulators should be trying to clamp down on with respect to gambling sites with no proper licensing.