Poker Revenue from Legalized Online Gambling
From cardplayer.com:
“A Price Waterhouse Coopers (PWC) study revealed that the United States has the potential to collect at least $8.7 billion and up to $17.6 billion in the next 10 years if it would tax and regulate online gambling, including poker. And those figures don’t include potential sports wagers.”
That stat doesn’t even include most of the U.S. states: that estimate is from just the states who already allow land-based gambling.
I imagine we could use the money, huh? Free money? Maybe they could peel back a couple of those other little taxes? Not to mention the fact that if online gambling were legalized there would probably be even more people playing?
Money does grow on trees.
Tags: online gambling, poker lawRelated Stories
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1 opinion for Poker Revenue from Legalized Online Gambling
Jereme
Feb 11, 2008 at 2:05 pm
Money does grow on trees, especially when you take your country off of the gold standard.
I have always been a proponent of paying for government with gambling.
France does a pretty good job of it.
I also dread it though. Once the government legalizes it as a bonafide way to pay for expenditures then here comes the regulations and silly laws and back office deals and all the crap that comes with big brother.
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