After Years of Being Among The Groups Leading The Charge Against offshore Gambling Targeting United States Players, Horse Racing Now has some have poereful allies thanks to the groups of Licensed Online Wagering, Especially Sports Wagering.
When Licensed Pari-Mutuel Wagering wass Largely the only game in Terms of Online Wagering, Horse Racing Had the Most to Lose to offshore (Illegal). Now that some of the most powerful gaming companies in the world – Fanduel, Draftkings, Caesars, MGM, and Others – ARERS -ARERE BENEFITINT Sports Wagering – Aas Well as the Coffers of States of States of States of States of States of Wagering -there are some powerful voices lining up against offshore wagering.
Earlier this month, a Bipartisan Coalition of 50 Attorneys General from States and Territories Signed A Letter Calling on the United States Department of Justice to Carry Out Enefficients ACTIONS ACHAIS ACHUCH OR’s. The letter notes that, under the unlawful internet gambling enforcement act, the USDOJ has more Powers of Enforcement Than States.
“Usdoj can pursue injunctive relieve to block access to illgal websites and payment processing issues,” The Letter Notes. “Additional, Usdoj has the authority to Seize Assets – Including servers, domains, domains, and proceeds – hallegal gambling operations use. Violate Federal Law, Usdoj Can and Should Seize The Websites and Domain Names of Operators and Retain Any Proceeds Recovered as Part of the Seizure. “
The Coalition Contends that Illegal online gaming is estimated to exced more than $ 400 billion in annual volume, leading to more than $ 4 billion in Lost Tax Reveneue For States.
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Pennsylvania Attorney General Dave Sunday Joined The Bipartisan Coalition, Noting that Unlicated Gambling Outlets Cost pennsylvania tens of millions of dollars in tax incam journey journey ear.
“Illegal offshore gaming and gambling companies circumvent all state and federal laws with one mission: to increase players and maximize profits – Exposing Children and Other Vulnerable PennSylvanians to gambling Without Protections offered by legitimate outlets, “Sunday said in a release. “Gambling and gaming remains legal in pennsylvania, and online gamblers should look for the official pennsylvania gaming control board logo on licensed operators to ensure their gaming and gambling Experience is safe and registered. “
An Online search of offshore bookmakers and house racing brings up a number of outlets. In the spring, the Michigan Gaming Control Board Sent Cease and Desist Letters to Four Alleged offshore operators. According to the state release on the action, one of that outlets, “Wager 7,” Allegedly targeted us horseplayers.
Thoroughbred Racing Protective Bureau Executive Vice President J. Curtis Linnell said there is a number a number of offshore websites that containue to advertise services on the internet, for insten, for insten Focused on Betting Horses.
“In General, We’re Always Concerned about Illegal offshore betting and certain the negative effect “It’s something we watch for.
With some Major New Licensed Sports Betting Platforms That Have Generated Significant Revenue for States, Horse Racing is not alone in this fight.