Change in the US online gambling laws will benefit NZ too

Originally Posted on Thursday Jan 7 11:16:00 GMT 2010

2010 will no doubt continue to be a year for speculation about whether or not online gambling in the US will, or will not, be legalised.

There are many who wish to see a relaxation in the legislation put in place by the last Bush administration, and just as many who wish to see no change in the current position.

A recent study conducted by Kenilworth Systems Corporation (KSC) seems to indicate that the American online gambling industry could generate as much as $63 billion.

The study was carried out by allowing remote betting to a Dominican based casino.  During a 6 month period thousands of players placed bets on a roulette game.  A large amount of income was generated during this time.

The delayed decision in the US regarding the Unlawful Internet Gambling Enforcement Act (UIGEA) may be opportune for the people who support a more relaxed attitude to online gambling, as they will now be able to use the Dominican study to support their case.

Legalising online gaming in the US would generate much needed income from taxation and regulate the whole industry, thus protecting both players and operators from illegal activities.

A relaxation in the US would undoubtedly be beneficial for the online gambling industry worldwide as well as in New Zealand.

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