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Studying the Legality

The United States government could very well keep the online casino gambling industry banned at the federal level for some time now if the opposition continues to stall the proceedings and push the discussion to later Congressional sessions. But despite the delays at the Congressional level, the individual US states are actually taking action and considering legalizing in-state gambling as a way to bring in more revenue and still circumvent the federal restrictions on offshore online casinos operating in the US. It would be a stretch to consider that Florida is actually going to legalize the internet gambling industry, but the politicians have issued a study into the possibilities of a Florida poker industry.

The Florida economy is hugely reliant on tourism – between the Orlando theme park attractions, the Florida Keys, and the cruise ship departures, a lot of the money entering the Florida economy has long been the work of the out-of-state and foreign tourists. But with the global economy suffering, tourism is one of the areas that has really, particularly suffered. The Florida Senate is expected to vote on whether or not to fund this proposed study into the internet poker industry. The document outlines precisely the pros and cons of such a study, and also details what the study is examining and how it will impact future decisions to legalize online casino poker gambling in the state.

A key interest for the study will be the likely revenue that can be expected from a licensed and regulated Florida online casino poker gambling industry. The reasons for even considering expanding into the internet poker industry are revenue and budgetary related, so the study will closely look into the maximum and minimum predicted profits.