Could offshore sites be benefitting from states legalizing sports betting?
by Brant James
Legal sports betting continues to be unfortunately good for business for illegal sports betting. Just how good remains a source of debate.
The scenarios that set up the odd situation are fairly well agreed-upon through:
- Emboldened current offshore bettors feel vindicated in visiting the local bookie or their unregulated site of habit when their state moves to legalize wagering.
- Semi-informed current bettors assume that a bookie or Costa Rican outlet is suddenly legal in their state
- And the half-listening dabblers, who caught 10 seconds on the evening news about their state legalizing, Google themselves right into an offshore account by searching for sports betting options where they live
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