U.S. Government Could Make $50 Billion from Online Gaming
potential to generate up to $42.8 billion in revenue for the U.S. government over the span of ten years from the passage of such pro-gaming legislation.
Only one year ago, a PricewaterhouseCoopers LLP analysis estimated
that regulated internet gambling activities had the potential to
generate up to $42.8 billion in revenue for the U.S. government over
the span of ten years from the passage of such pro-gaming legislation.
Recently, the same company issued an updated reported that put the
ten-year revenue estimation at $51.9 billion due to a significant
increase in the number of online gamblers in the United States, despite
the attempted prohibition by way of the 2006 Unlawful Internet Gambling
Enforcement Act (UIGEA).
The new PricewaterhouseCoopers numbers took into consideration
revenue sources such as licensing fees, wagering taxes, and individual
and corporate income taxes on internet gambling activities.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Read more »
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Read more »
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Read more »
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Read more »
Eleven players remained in the $2,500 No-Limit Hold ‘em event after three days of action-packed poker. Of these, some famous names lurked – Daniel Negreanu, four-time WSOP bracelet-winner was the most recognisable. Read more »
Travis Johnson has become the newest addition to the list of World Series of Poker bracelet-winners after taking down Event #7, the $1,500 No-Limit Hold ‘em. Read more »
Saudi born American Rami Boukai outlasted a field of 453-runners to claim the $2,500 Pot Limit Hold’em/Pot Limit Omaha event and with it prize money of $244,862. The 26-year-old battled his way through a final table lasting nine and a half hours before finally seeing off Najib Bennani to seal his first bracelet win. Read more »
1,459 runners bought in to $1,500 No Limit Hold Em Six-Handed Event but in the end it was American Ken Aldridge who claimed his first WSOP bracelet. Aldridge, known as Teach, won an epic heads up battle with Carmen Cavella to take the first prize of $428,259. Read more »
Phil Ivey, widely considered by many to be the best poker player in the history of the game, has cemented that opinion further by taking some time out from cash games to win his sixth WSOP bracelet and his first since 2003 in NL 2-7 Draw. Read more »
A big field for a small buy-in was what organisers of the $1,000 No Limit Hold Em Event #3 hoped for and boy did they deliver. A whopping field of 6,012 players sat down for the so-called Stimulus Special, a record for any event other than the WSOP Main Event. Read more »
A big field for a small buy-in was what organisers of the $1,000 No Limit Hold Em Event #3 hoped for and boy did they deliver. A whopping field of 6,012 players sat down for the so-called Stimulus Special, a record for any event other than the WSOP Main Event. Read more »
Saudi born American Rami Boukai outlasted a field of 453-runners to claim the $2,500 Pot Limit Hold’em/Pot Limit Omaha event and with it prize money of $244,862. The 26-year-old battled his way through a final table lasting nine and a half hours before finally seeing off Najib Bennani to seal his first bracelet win. Read more »
1,459 runners bought in to $1,500 No Limit Hold Em Six-Handed Event but in the end it was American Ken Aldridge who claimed his first WSOP bracelet. Aldridge, known as Teach, won an epic heads up battle with Carmen Cavella to take the first prize of $428,259. Read more »
Phil Ivey, widely considered by many to be the best poker player in the history of the game, has cemented that opinion further by taking some time out from cash games to win his sixth WSOP bracelet and his first since 2003 in NL 2-7 Draw. Read more »
A big field for a small buy-in was what organisers of the $1,000 No Limit Hold Em Event #3 hoped for and boy did they deliver. A whopping field of 6,012 players sat down for the so-called Stimulus Special, a record for any event other than the WSOP Main Event. Read more »
A big field for a small buy-in was what organisers of the $1,000 No Limit Hold Em Event #3 hoped for and boy did they deliver. A whopping field of 6,012 players sat down for the so-called Stimulus Special, a record for any event other than the WSOP Main Event. Read more »
There may have been no entry fee and no million dollar pay day but the competition was as fierce as you would expect from a line up which featured 20 former winners of the WSOP Main Event. Read more »
