04 February 2008

$42 billion or UIGEA? - What would you choose?

PricewaterhouseCoopers, heavy hitters in the world of high finance and accounting, have released a report that concludes the US could raise as much as $42.8 billion in tax revenues over the next ten years if they simply legalize online gambling.

Of course, that would mean the end of the Unlawful Internet Gambling Enforcement Act in the US, but then who cares about making a paltry $42 billion when you can have UIGEA?

How much online bingo, and particularly UK online bingo halls would contribute to this number is not stated in the PricewaterhouseCoppers report, but it’s fair to say that the fastest growing niche in online gaming would contribute its fair share.

However, despite reports like the PricewaterhouseCoopers document, it’s unlikely free online bingo games operators will see a relaxing of US anti-online gaming laws anytime soon. It’s a shame, but US policy seems to be here to stay for some time yet.

Written by Bingo Lady

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