Thursday, February 26, 2009

U.S. could reap billions taxing Web gambling

The government may want to take a look at its internet gambling ban in this time of economic concern. A recent study showed that we could raise almost $52 billion over the next ten years if we were to tax online gambling rather than totally disallow it. Yes, privacy concerns and protection of consumer money and security is important to keeping it banned, but why shouldn't we take advantage of this when we could definitely use the money. Gambling online has increased exponentially over the last decade and poker especially is something that we could regulate and get back something in return for.

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