CNBC highlights that this is relevant solely to lawful wagers.
The extent of the illegal sports wagering market in the United States is not established. State attorneys general recently sent an open letter to the Justice Department, urging the agency to strengthen efforts to tackle the shadow sector, and in this correspondence, they calculated the annual tax revenue lost from illegal bookmaking at $4 billion.
The upcoming NFL season kicks off on September 4. The Philadelphia Eagles triumphed in the playoffs of the last tournament.
source: cnbc.com
