Study: U.S. Could Reap Billions Through Internet Gambling Regulation

Updated revenue projections show that regulating Internet gambling would generate approximately $52 billion in revenues for the U.S treasury over the next decade. This fact should get lawmakers attention given the state of our economy and need to find resources for critical government programs.

Full Reuters article covering this issue can be found here - U.S. could reap billions taxing Web gambling: study | Technology | Internet | Reuters

We encourage you to strike while the media attention is hot and contact your member of congress to let him or her know that you support legalizing internet gambling. Visit Safe and Secure Internet Gambling Initiative to send an email to your elected representatives and learn more about this important issue.

Thanks.

Jeffrey Sandman
Safe and Secure Internet Gambling Initiative
Safe and Secure Internet Gambling Initiative
Safe and Secure Internet Gambling Initiative | Facebook

Here we go again with the govt trying to find more ways to tax its citizens. No matter that it's unnecessary and that taxes are too high already, we need more more more revenue, and those evil gamblers need to pay up.

American said:

Here we go again with the govt trying to find more ways to tax its citizens. No matter that it's unnecessary and that taxes are too high already, we need more more more revenue, and those evil gamblers need to pay up.

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Legalized & Taxed > Illegal and Not Taxed

RightinNYC said:

Legalized & Taxed > Illegal and Not Taxed

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RightinNYC....what's with the socialist insignia?

Anyway, I'm of the opinion that gambling should be legal and not taxed....

RightinNYC said:

Legalized & Taxed > Illegal and Not Taxed

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It had to first be made illegal by the govt so they could control it. There is no rule in the Universe that every issue must have legality tied to it.

DarkWizard12 said:

RightinNYC....what's with the socialist insignia?

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I was trying to show the new mods how to change their group affiliation by changing mine to socialist, and in doing so i somehow broke something and lost my boldedness and reddedness. People were pming me because they thought I was quitting as a mod, so now i left it like that until vauge can fix it.

summary: im a dumbass.

Anyway, I'm of the opinion that gambling should be legal and not taxed...

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Why is money earned in gambling any different than money earned in the stock market or in working a job?