Online Casinos

Online Casinos have been around fr sometime now and they have always been controversial.  The government has always been trying to find ways to make it illegal.  Some say that the government should make it legal and just tax it.  It has been said that if they made Online Gambling legal and taxed it that it would be the best thing for today’s economy.  It would give so many people job and the amount of money involved would boost our economy.

Back in 2002,  the Online Gambling web sites brought in an estimated  $2.2 Billion and by 2003 should triple to $6.6 Billion. This amount of money could only help the U.S. economy and give Millions of job opportunities to the citizens of the U.S.  At this time in 2002 there were about 1400 Online Casinos.  The advertising alone on the web sites could bring in Millions of dollars and this would also positively affect the economy.

Other ways that the government gets taxes from gambling is state lotteries.  There are 44 states that currently have lotteries and 29 states have casinos.  It is a known fact that the government makes a very high percentage of it’s income by taxing the gambling industry.  Some would say why stop now,  if the government grabbed a hold of the Online Gambling Industry and used the taxes that they collected from it, it would cure almost every financial issue we have today.

There is also a very big issue with Online Gambling and that is underage gambling. We  have to be responsible for keeping kids from gambling, and there are many companies who have devoted their time, effort and energy to making this possible.  There are many different styles of software that has been developed to keep the Online Gaming Industry kid free.  This is a very important thing to do and has been pretty much perfected by many different companies.

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