Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Envisioning a Profitable Future

With a new administration on it way in the door in the United States, proponents of a licensed and regulated online casino gambling market are begin to clamor with advice…and now has actually never been a better time. With the US economy still struggling one media columnist from the Chicago Tribune, Mary Schmich, opined that taxing the online casinos rather than banning the companies is a very profitable way for the new administration to bring in the revenue needed to implement all of that “change” rhetoric that was so prominent in the Obama campaign.

There is certainly money in the online casino gambling industry, there is no doubting that. The global market is worth billions and analysts predict that global gaming revenues will surge even higher in the coming five years. And a big problem that many journalists and supporters of the industry mention is the fact that the UIGEA is ineffective and that the US has already spent the past two years missing out on the potential tax revenues from the illegal online casino gambling market that is prevalent all over the US.

Schmich’s column provided a lighter view on the potential revenue from taxing the online casinos – she opines, "I'd like our incoming president to bring us an image of grasping a profitable global cyber vision.” Her recent column was certainly supportive of the new administration and will turn off any die-hard conservatives with her reference to our current government as the “lame-duck Bush administration.” The column though does make some very important points and largely just emphasizes that US online casino gambling is an eventuality anyways and the Obama admin should just embrace it now and benefit from the tax revenues.