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Last week, both the Huffington Post and Bloomberg ran articles calling for Congress to legalize sports wagering. At the crux of their arguments was the dramatic need for public revenues and the billions of dollars in sports transactions that go untaxed every year. (The proposed legislation would also create a licensing and regulatory mechanism for online gaming operators).

A case in point was the recent Super Bowl, which generated about $80 million bet legally in Nevada, but resulted in an estimated $6 billion to $7 billion in online and illegal wagers.

Over 10 years ago, the National Gaming Impact Study Commission estimated that U.S. citizens bet over $360 billion a year on sports. The Huffington Post estimated that number may have doubled by now.

Find your Bookmaker at: online sportsbook reviews

:dirol
Join: 2006/12/07 Messages: 29893
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Manne wrote:

Last week, both the Huffington Post and Bloomberg ran articles calling for Congress to legalize sports wagering. At the crux of their arguments was the dramatic need for public revenues and the billions of dollars in sports transactions that go untaxed every year. (The proposed legislation would also create a licensing and regulatory mechanism for online gaming operators).

A case in point was the recent Super Bowl, which generated about $80 million bet legally in Nevada, but resulted in an estimated $6 billion to $7 billion in online and illegal wagers.

Over 10 years ago, the National Gaming Impact Study Commission estimated that U.S. citizens bet over $360 billion a year on sports. The Huffington Post estimated that number may have doubled by now.

Find your Bookmaker at: online sportsbook reviews

:dirol

The possible legalization of online gambling might be the next issue to find the political spotlight.
Join: 2007/02/24 Messages: 1205
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Manne wrote:

Last week, both the Huffington Post and Bloomberg ran articles calling for Congress to legalize sports wagering. At the crux of their arguments was the dramatic need for public revenues and the billions of dollars in sports transactions that go untaxed every year. (The proposed legislation would also create a licensing and regulatory mechanism for online gaming operators).

A case in point was the recent Super Bowl, which generated about $80 million bet legally in Nevada, but resulted in an estimated $6 billion to $7 billion in online and illegal wagers.

Over 10 years ago, the National Gaming Impact Study Commission estimated that U.S. citizens bet over $360 billion a year on sports. The Huffington Post estimated that number may have doubled by now.

Find your Bookmaker at: online sportsbook reviews

:dirol

Legalizing online gambling also create jobs for programmers, customer service personnel, accountants, etc. These new workers will then have more disposable income to spend in other sectors and help create jobs in other industries.
Join: 2006/12/07 Messages: 29893
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Manne wrote:

Last week, both the Huffington Post and Bloomberg ran articles calling for Congress to legalize sports wagering. At the crux of their arguments was the dramatic need for public revenues and the billions of dollars in sports transactions that go untaxed every year. (The proposed legislation would also create a licensing and regulatory mechanism for online gaming operators).

A case in point was the recent Super Bowl, which generated about $80 million bet legally in Nevada, but resulted in an estimated $6 billion to $7 billion in online and illegal wagers.

Over 10 years ago, the National Gaming Impact Study Commission estimated that U.S. citizens bet over $360 billion a year on sports. The Huffington Post estimated that number may have doubled by now.

Find your Bookmaker at: online sportsbook reviews

:dirol

The US Government all along has had NO problem with gambling, if they did, they would have made illegal the biggest sucker bet on the planet, The State Lotto and Powerball. 😄
Join: 2006/12/11 Messages: 1758
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Manne wrote:

Last week, both the Huffington Post and Bloomberg ran articles calling for Congress to legalize sports wagering. At the crux of their arguments was the dramatic need for public revenues and the billions of dollars in sports transactions that go untaxed every year. (The proposed legislation would also create a licensing and regulatory mechanism for online gaming operators).

A case in point was the recent Super Bowl, which generated about $80 million bet legally in Nevada, but resulted in an estimated $6 billion to $7 billion in online and illegal wagers.

Over 10 years ago, the National Gaming Impact Study Commission estimated that U.S. citizens bet over $360 billion a year on sports. The Huffington Post estimated that number may have doubled by now.

Find your Bookmaker at: online sportsbook reviews

:dirol

There is much talk this week about legalizing online gambling and in particular sports betting.

(Obama Administration and Congress will pay closer attention to this issue as they seek to find new revenues that can be generated without raising taxes for critical federal, state and local government programs).

:dirol
Join: 2006/12/07 Messages: 29893
Quote
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Manne wrote:

Last week, both the Huffington Post and Bloomberg ran articles calling for Congress to legalize sports wagering. At the crux of their arguments was the dramatic need for public revenues and the billions of dollars in sports transactions that go untaxed every year. (The proposed legislation would also create a licensing and regulatory mechanism for online gaming operators).

A case in point was the recent Super Bowl, which generated about $80 million bet legally in Nevada, but resulted in an estimated $6 billion to $7 billion in online and illegal wagers.

Over 10 years ago, the National Gaming Impact Study Commission estimated that U.S. citizens bet over $360 billion a year on sports. The Huffington Post estimated that number may have doubled by now.

Find your Bookmaker at: online sportsbook reviews

:dirol

Better Times Will Come 😁
Join: 2008/12/18 Messages: 846
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