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Gambling Questions in Texas

Rumors are swirling throughout the US that land gambling venues and casinos may experience some expansions in the coming months as state governments consider land gambling a valid way to raise more funds for the state coffers as the recession increases the amount of pressure and strain on the state governments. But some states are vowing to stay far away from attempts to expand the land gambling industry and as opposed to expansion in this industry as they would be by the suggestion of legalizing online casinos. And although some of the proposals are only in their early stages, many are already dismissing any efforts to alter Texas’ current position on land gambling.

The Texas initiative is wide-scale and really looks to turn this state into a veritable Mecca for land casino gambling in the coming months and years. A research report that looked at the implications of legalizing resort and tribal casinos throughout the state provides what some call are blatantly overly large estimations of possible land gambling revenues. Some of the opposition in Texas is calling this latest push for land casino gambling venues nothing more than “billionitis” as over-optimistic researchers promise big money from the proposed land gambling ventures.

What you really can’t miss from these reports is the fact that while the potential revenue from land gambling ventures is highlighted thoroughly, there is no mention of the credible reports that note that the US online casino gambling industry is worth as much as $52 billion in additional tax revenues for the country should it be legalized and regulated.