Internet Gambling… the next Round

Since 2006 online gambling is illegal in the US. With budget deficits hitting the states and the federal government, online gambling proponents are making another push to legalize online gambling in the US. They are arguing that online casino and online poker sites could raise millions in tax revenues and generate thousands of jobs. Another argument is that online poker, for instance, is a game of skill and not luck and thus should not fall under the category of gambling.

The ban has also not reduced the number of people playing online in the US. Many are now playing with offshore companies which are less safe. With good regulations in place, people could play with US based companies and be safer. At the same time the government could earn extra much needed cash. I guess we will have to wait and see where the debate will go from here.