A New Study For Online Gambling Jobs‏

April 21st, 2010

The Washington DC publication The Hill reports this week that a British research study found that legalized online gambling in the USA could create 32 000 new jobs and $57.5 billion in new tax revenue over five years and lead to an estimated $94 billion in new economic activity

“This study should provide upcoming goals for the Obama administration and Congress to act quickly to regulate Internet gambling,” Simon Holliday, a director at firm H2 Gambling Capital, said in a statement announcing the availability of the new research. He pointed out that by maintaining a prohibitionary approach to online gambling in the United States lawmakers are losing billions on today’s economy and leaving tens of thousands of U.S. Players without any onshore regulatory protection.

The new information could provide a positive contribution for Congressman Barney Frank’s latest HR2267 move to legalize online gambling, which is partnered by a complimentary tax proposal from Congressman Jim McDermott

HR2267 has gained the most support so far for such legislation, with 68 bi-partisan co-sponsors, and a House Financial Services Committee hearing to discuss the bill was postponed due to a diary rescheduling last week.

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