The Government and Online Gambling Essay by Master Researcher

The Government and Online Gambling
This paper discusses the growth of online gambling and the governments response to it.
# 91061 | 2,025 words | 3 sources | 2006 | US
Published on Dec 01, 2006 in Political Science (U.S. Federal Politics)

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The paper explains that given the scope of this industry, its attractive profitability and its growing international acceptance, it is clear that the online gambling industry will continue to be a fixture within the global economy. However, recent politically motivated regulatory moves in the United States has brought the industry to the national consciousness and made its regulation, if not its outright banning, the intent of the federal government.

From the Paper:

"The online gambling segment is already a $3+ billion industry and growing exponentially: "The amount gambled on poker websites around the world in 2005 is estimated to be more than USD 60 billion...- 75% of the industry experts surveyed believe that the global annual rake/commission in the 2-3 years will be more than USD 4 billion" (Online par.1)."

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