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Lifting USA Online Casino Gambling Ban Could Raise $42 Billion

November 03 2009


A report shows that $42 Billion can be Made from the legalization and regulation of Online casino gambling in the USA

Coming at a time when the debate over whether or not the legalize, regulate and tax online poker and other forms of online gambling in the United States has reached a critical point, a non-for-profit, independent group has released a statement announcing that the government stands to make tens of billions of dollars in tax revenue from the enterprise.

The USA's most powerful economic magazine, the Wall Street Journal, citing from the Dow Jones news wire, has issued an article asserting that the standards in the USA's. Congress “decriminalizing many forms of Internet gambling would raise nearly $42 billion for the U.S. Treasury over the next decade”.

The examination arrives from the Joint Committee on Taxation, a team that stands separately from any online casino endorsement group. The report states that licensing Online Casino Gambling “would generate $41.8 billion over 10 years.”

If that doesn’t stimulate disbelieving U.S. legislators to take action toward the legalization of online casinos in the USA, it’s hard to think what will.

Good Luck

From the Online Casinos USA team


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