
Online gambling in the US is well on its way to becoming legal, regulated, and, most importantly for Uncle Sam, taxed. “Prohibition did not work for alcohol, and it is not working for online gambling.” –Rep. Barney Frank. Rep. Barney Frank will introduce legislation to legalize online gambling in the US in the next few weeks based on a new PricewaterhouseCoopers study estimates US$52 B could be generated by regulating online gambling over the next decade.
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