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The State of Online Gambling |
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Sunday, 05 March 2006 With the popularity of poker, issues of online gambling have resurfaced to the forefront of American politics. The debate ranges from lost tax revenue, to morality, to legality issues. Although it is illegal to operate a gambling website in the US, 30 million web users visited offshore gaming sites in 2005.
As an $11 billion industry, online gaming will not be throwing in the towel any time soon. However, lobbyists will have their work cut out for them as politicians grapple with this yet untapped revenue stream. Click Here to read more about the history of online gaming and its regulatory issues.
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