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Asking for the Online Casinos: 2

Some of the opposition to McDermott’s legislation counter that funding foster homes is not a valid argument for the legalization of offshore online casinos – this is something that the state coffers should already fund. But on the flip side, with the current impending U.S. recession state governments are finding it harder than ever to fund all of the social programs needed and education funding has been an issue across the board in most U.S. states. Bringing in a huge influx of tax revenue from the online casino gambling sites with the specific intention of funneling it into these areas could provide some very big relief for the currently strained state budgets.

Beyond that valid argument though lays the basic fact that the U.S. is flat out hypocritical about the online casino gambling ban. Internet horserace betting is legal and remains legal in the U.S. within the individual states. The U.S. government has no apparent concerns with this legislation carve-out and the potential dangers of gambling addiction and underage gamblers in this sector of the industry – foreign online casinos specifically are banned according to the UIGEA.

This all goes against the basic fact that U.S. citizens – both online casino gamblers and non-gamblers alike feel that it is about time that the U.S. legalizes and regulates this industry. The recent USA Today poll noted that 97 percent of the respondents support the legalization of internet gambling in the U.S. So while there is certainly some opposition out there (and presumably a bit more than is indicated by the USA Today poll), the arguments against online gambling legalization and regulation are weak and the potential tax benefits are innumerable and cannot be understated.