Bill Miller is dropping the gloves and going strongly after so-called offshore betting sites. These gray market sites continue to operate and lure US bettors, even in states where online and mobile sports betting is legal and regulated.
Although the US government has declared it illegal for Americans to wager at the offshore sites, the government really hasn’t done anything tangible in order to put a stop to this process.
Miller thinks it’s time that the Department of Justice put their foot down and went after the offshore betting sites with the full fury of the US government.
President and CEO of the American Gaming Association, Miller was speaking to the annual meeting of the National Council of Legislators of Gaming States when he called for indictments to be leveled against offshore gaming sites that are serving US customers.
“An indictment will make it very difficult for someone who lives in that gray market to ever get licensed,” Miller said in his remarks to the convention on December 9.
The membership of the Washington, DC-based AGA comprises those online sports betting, casino and poker sites that operate legally and are regulated in states where online betting has been legalized.
In a letter written to US Attorney General Merrick Garland, Miller was also calling for legal action to be taken against offshore betting sites.
“This action would provide much-needed clarity that these websites are criminal enterprises, which can help to deter the American public from visiting these sites and prompt businesses to take appropriate action to ensure they are not supporting them,” Miller wrote.
The AGA estimates that Americans are wagering $511 billion per year with offshore books. A further estimate suggested that if this money were wagered with legal and regulated betting sites, it would generate a further $13.3 billion per year for state government coffers.
“Illegal and unregulated gambling is a scourge on our society, taking advantage of vulnerable consumers, skirting regulatory obligations and robbing communities of critical tax revenue for infrastructure, education and more,” Miller said. “We have always known that the illegal and unregulated market is expansive, but this report illuminates just how pervasive it is.”