Help Spur Economic Growth with New Revenue and Jobs

As legislators across the country seek to find new revenues without having to raise taxes or cut programs, estimates indicate Internet gambling regulation would generate tens of billions of dollars over ten years in new government revenue for both the federal government and the states. A recent study also projects regulation of Internet gambling in the US would create up to 32,000 jobs over the first five years, providing a critical boost for the economy.

Resources

• Joint Committee on Taxation Revenue Analysis
• Joint Committee on Taxation Projects Internet Gambling Regulation Would Generate Nearly $42 Billion in New Revenue
• PricewaterhouseCoopers Tax Revenue Analysis
• Rep. Jim McDermott: Protect Online Gamblers, Collect Tax Revenues - The Hill
• Reps. Steve Israel and Peter King: Web Gambling: Tax, Don't Ban - The New York Post
• Internet Gambling Regulation Provides Opportunity to Generate Tens of Billions for Government Programs