Reforming Online Casino LegislationPublished June 18, 2005 by OCR Editor
The uS and Europe may have seen a surge of anti gambling policies, but this is about to change. Legalization and regulation are the next steps.
The main argument for legalizing online gambling is because it stands to bring in revenue for the government. Land based casinos already do. It could end up being a large tax grab and could help the government obtain much needed funding. If used properly this could be funneled back into the community for positive effect. The recent attempt to legalize online gambling in North Dakota is just one sign of change.
Ultimately no industry as large as the online casino business can remain illegal forever. It is my feeling that the near future will bring a certain change for the internet gambling businesses and if the governments of the US, Europe and the rest of the world want to cash in on the earnings then they should start looking at online casinos as a serious source of tax revenue. That's my two cents.