Yield Sec report estimates illegal operators took 74% of US gambling revenue
A report commissioned by the Campaign for Fairer Gambling (CFG) estimates that illegal offshore operators generated 74% of US gross gambling revenue in 2024. It puts total revenue at $90.1 billion, with $67.1 billion attributed to illegal operators and $23 billion to legal platforms. The report says illegal operators’ revenue grew 64% year on year, compared with 26% for licensed platforms.
The estimates indicate that licensed operators face substantial competition from offshore platforms across the US market.