Bill Miller, President and CEO of the American Gaming Association (AGA), has applauded a congressional letter requesting a Department of Justice (DOJ) clampdown on illegal, offshore sports betting activities.
The letter from Congress, signed by 28 of its members, encourages the DOJ to investigate offshore markets and enhance enforcement action.
This is to combat “predatory operations” that expose US constituents to financial and cyber vulnerabilities.
Congress claims that offshore operations do not have the necessary protocols to address money laundering, sports integrity issues or the capabilities to enforce age restrictions.
Moreover, Congress notes a lack of regulations surrounding offshore sportsbooks undermines states’ efforts to capture much-needed tax revenue through legal sports betting channels.
The congressional letter continued: “We cannot turn a blind eye to the fact that the illegal market is thriving and operating unfettered. These offshore operations, including Bovada, MyBookie and BetOnline, have developed sophisticated platforms that are nearly indistinguishable from those of legal providers.”
“These illegal operations also offer generous promotions and favorable odds to entice US customers, and are frequently cited in reputable sports media channels.”
Miller added: “Offshore gambling websites are a significant threat to consumer protections and the economic benefits legal gaming provides for communities across the country. Eradicating these websites, and all forms of illegal gambling, is one of AGA’s top priorities.
“Our country’s leaders are clearly and appropriately alarmed by the prevalence of offshore sportsbooks, and law enforcement must act to identify the worst actors, investigate and prosecute them.”