US need for revenue could lead to no UIGEA

US need for revenue could lead to no UIGEA

Tuesday, 10 March 2009

Last week 650,000 US citizens lost their jobs, which brings the total unemployment figure in the USA to 12.5m, around 15%.

Revenues are down as global consumption screeches to a halt, which means that states are struggling for revenue to pay the numerous welfare and benefit claimers in these dark economic times.

Enter online poker! US congressman Barny Frank last week predicted that a regulated online gambling industry could net the US government $52bn a year – that’s a handy little earner. He predicts his anti-UIGEA bill will be ready “by the end of March.” Fingers crossed…

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