Following the American Gaming Association's recent State of the Industry webinar, in which it criticized sweepstakes casinos and their regulatory status in the United States, the American Gaming Association and the Social Sweepstakes Gaming Alliance have released statements.
According to the American Gaming Association, unlicensed and unlawful operators collected $109 billion in wagers in 2024, costing the US $17.3 billion in lost revenue.
Some sweepstakes operators exploit legal loopholes to continue operating in some states, according to the American Gaming Association, which also characterized these companies as a part of a larger illegal market.
According to the American Gaming Association, unlicensed and unlawful operators collected $109 billion in wagers in 2024, costing the US $17.3 billion in lost revenue.
Some sweepstakes operators exploit legal loopholes to continue operating in some states, according to the American Gaming Association, which also characterized these companies as a part of a larger illegal market.