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Online gambling in USA
can boost the economy
Online gambling in USA has
caught on like mad frenzy with gambling aficionados.
Some of the popular games that are played online include
Online Poker in the form of Texas Hold’ Em, Seven Card
Stud, Razz, Online Sports Betting and Online Bingo.
Payment is usually done by wire transfer or through
check. Many people have made millions and handsome
amount of money through online gambling in USA.
Much as the games gained popularity, they also invited
the ire of the US government which passed the Unlawful
Internet Gambling Enforcement Act (UIGEA). The basis of
the law was to put a restriction to the rise in online
gambling addictions. However, if one really scrutinizes
the effect of gambling in USA, one can take heart enough
to say that there is no major increase in online
gambling addiction.
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Top gambling sites allowing
USA players |
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Online gambling has been there for
about 10 years or so and nowhere there has been concrete
information about addiction due to gambling. The most
popular reason for UIGEA to be enforced is because since
online gambling casinos are not based in the US, they are
not regulated, not monitored and not taxed as are land based
casinos. The US govt loses more than $650 million in taxes
annually which is why there is pressure to stop online
gambling legally.
Since online gambling in USA is a hobby and a harmless
activity based on luck and skill, the US govt should
legalize online gambling and revoke the UIGEA. If you
legalize online gambling in USA, the land based casinos will
be in a position to take over online gambling portals that
are doing well. Legalized online gambling portals will throw
open the doors to billions in the US economy. Regulated
online portals and casinos can also solve many of the
financial problems in the US and also keep the gambling
activity safe and secure.
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