Overview

• The bipartisan group of 50 state attorneys general sent a joint letter on August 6 to Attorney General Pam Bondi urging federal action against unlicensed online gambling sites.
• The coalition wants federal and state regulators to collaborate with banks and payment processors to disrupt the financial pipeline that sustains offshore operators.
• The letter demands seizure of offshore operators’ assets—including servers, domains and financial proceeds—to dismantle their technological infrastructure.
• States estimate unlicensed offshore gaming processes more than $400 billion in wagers annually, costing treasuries over $4 billion in lost tax revenue and exposing children and other vulnerable individuals to unregulated gambling.
• The DOJ is reviewing the petition with no enforcement actions announced yet; experts question its effectiveness given offshore operators’ reliance on cryptocurrency and foreign banking channels.