A Wise US Investment
The US online casino gambling industry has been valued at several hundred
thousand a year in additional revenue that could come into the US government via
tax revenue. And although online casinos naturally are not going to push for
high taxes, even the major gambling sites are keen on highlighting just how much
the US government can receive annually from the gambling industry. Statistics
are push the billion mark across a longer time frame and this is money that the
US government could surely use at this point. The global recession hit the US
particularly hard and has left a lasting impression as the US banking and
financial systems attempt to recover from the issues that have plagued them for
the past two years. As this is happening, several politicians see the potential
salutation that the online casinos provide, more money into the government
coffers to fund the Obama administration’s numerous new social programs.
In addition to the money coming into the US government via taxes on the online
casinos, the internet gambling industry will bring new jobs to the US – another
very needed area in the US to help recover from the recession. Perhaps one of
the key arguments for a wide-scale investment in a US online casino gambling
industry is because it’s unstoppable anyway. The fact that the US government is
attempting to block such a pervasive medium is ridiculous in and of itself, but
the fact that it’s ineffective just screams for change. The US has not come up
with a successful way to stop the online gambling industry from accessing US
players, so all of that potential revenue is going offshore…and the US gamblers
are unprotected in this unregulated market.
The US media has cottoned on to the fact that the US government is mismanaging
this aspect of the online caisno gambling industry and there are very likely
going to be big changes in store in the coming year as it hits the public from
the television news media, and newspapers instead of just internet media as has
been most pervasive over the past several years. |