Each year, millions of Americans ignore attempts by the government to prohibit Internet gambling and wager more than $100 billion with offshore gambling operators. A recent Joint Committee on Taxation analysis found that the U.S. could receive up to $42 billion in federal revenue over the next decade if Internet gambling is regulated as proposed by Representatives Barney Frank (D-MA) and Jim McDermott (D-WA).

New Revenue for Critical Government Programs

In a struggling economic environment, regulated Internet gambling would generate approximately $72 billion in new revenue for federal and state governments to fund key economic and social programs. The new revenue stream would primarily be generated through the collection of applicable corporate and individual taxes, which are currently owed but not collected, taxes consistent with those collected from the land-based casino industry, and from the collection of a fee on deposits payable by the operators.


Protecting Children
Compulsive Gambling Safeguards
Secure Financial Transactions
New Government Revenues
Regulated and Licensed Environment
International Ramifications
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