INTERNET GAMBLING WILL FLOURISH IN THE USA

Filed in archive BETTING on July 4, 2007

Source:www.img.dailymail.co.uk



I've said this before and I'm now more convinced than ever that there will be a return to full scale, no holds barred Internet gambling in the United States.

I doubt that it will happen Overnight, but it will happen soon enough, and here's why.

First off Internet gambling is a potential source of income for American businesses, and corporate America never met a red cent it didn't like, no matter the source.

It was already common knowledge that some Las Vegas casinos had staked a claim to the lucrative online gaming community and this current article explains how Las Vegas is never far from most forms of gambling no matter how or where it occurs.

One thing the US government can't stand is a flow of dollars out of the country unless the funds belong to the government or corporate America. This government doesn't like it when ordinary, non-business citizens send their money overseas directly.

The answer then is obvious; see to it that individual American's gambling money is funneled through an American corporation. This of course will also make it easier to track American's gambling winnings and tax them, something that is not done in most other countries, such as England.

That's right, England, and most other countries do not tax gambling winnings; fat chance of that ever happening here.

Here's more food for thought on what I predict will be a return to full fledged, credit card funded online gaming in America.