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Some in U.S. Come to Senses

Members of Congress have another piece of information to now consider as global pressure mounts for the United States to pass online casinos gambling regulations. Initiatives to license and regulate the internet gambling industry rather than the current ban are supported by Congressmen and women in both of the major political parties. The U.S. has claimed protecting underage and problem gamblers as a main reason for implementing the 2006 online casinos gambling ban, but that is actually not the whole truth considering new technology makes the industry more secure and safe than ever before.

Proponents of licensing and regulating the industry cite the effective regulations and technology in place in Sweden as a case where the right technology could solve the international debate that has waged since the U.S. banned offshore online casinos. Beyond that, the few politicians that support the internet gambling ban have now created a sort of prohibition where U.S. adults are still able to gamble, but they are now doing so in a much more dangerous and underground, unregulated industry that the government has no way to monitor – this seems a bit contrary to why the politicians passed the online gambling ban.

Well, now those in support of re-implementing online casinos in the country have one more argument to back up claims that the U.S. needs to neutralize the U.S. gambling ban immediately – a study that indicates that the U.S. government could receive sizable tax revenues from regulating the industry. An independent study by PricewaterhouseCoopers found that a regulated online casinos gambling industry could generate between $8.7 and $42.8 in revenue that could go toward relieving some of the U.S.’s enormous debt.


 

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