Winds of change are sweeping Ohio, Pennsylvania and other states. Is online gambling next?
President Barack Obama declared that the unemployment numbers indicate "the worst may be behind us." Even if true, the states are thinking of new revenue sources during the tough days ahead of us.
One way to recover lost revenue is gambling. States are aggressively expanding legalized gambling, says the USA Today. No less than a dozen states will see gambling expansion by 2010, which will yield, according to state estimates, an extra $2 billion in gambling taxes.
Most states entertain a form of casinos. Forty states allow casino operations under law, up from 31 in 2000. Other recent changes in states' policies include:
Gambling tax figures according to the USA today include:
With such figures, important sources of income, and ongoing casino expansion, one cannot help but see online casinos legalized down the stretch. Question remains how soon?
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