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Congress May Grow to Love Online Gambling

2014-10-06 00:00:00

The United States government has an insatiable appetite for money and although they did much harm to the online gaming industry in 2006 and 2007 with their absurd interference of money transfers to and from the United States the real men of genius in congress now have a new interest, if not newfound respect, for online casino gambling because of the potential tax dollars that it could bring to the government coffers.

Many congressmen believe that they can use online gaming to fund all kinds of new government programs all in the name of “compassion” and “the kids” of course and if taxes were imposed on online poker and online casino games as much as $42 billion could be hauled in over a ten year period. Some estimates go on to say that some states may bring in as much as $30 billion in additional revenue. The theory of congress is that online gambling is a human activity that people are going to do whether the government likes it or not and that they might as well learn to like and get the money out of it that could be a boon to the treasury. There are countless ideas and suggestions about what to do with the potential money that the government could get from online gambling.

There are other concerns about whatever benefits that the government would get from online gambling would be offset by potential problems with addiction and potential criminal activity to feed gambling habits.