According to The New York Times, maybe there’s a chance for online gambling in the U.S.
In 2006, when the U.S. Congress took drastic actions on Internet betting, the big European companies had to close up shops in the U.S.
That’s why many of these dominant European companies opened their business in offshore locations like the Isle of Man or Antigua.
But now there’s a rumour that probably some of those companies might soon have another chance in the United States.
There are a number of European countries that move under pressure from regulators to legalize online gambling.
Barney Frank, Democrat of Massachusetts, will be maybe the only one who could change something about online gambling in the U.S. He is expected to propose a legislation to abolish the Unlawful Internet Gambling Enforcement Act (UIGEA).
Frank already tried to do so in 2007, but he failed. This time it seems to be different.
During his election campaign, President Barack Obama declared his poker playing ability. And the Democrats have tightened so their control on Congress, though they are much more willing to internet gambling than the Republicans.
According to a study made by PricewaterhouseCoopers, the U.S. government could raise more than $ 50 billion over taxes if online gambling was legalized.
