6 States Consider Online Gambling | Drudge Retort

Monday, February 18, 2013

6 States Consider Online Gambling

Silicon Valley is betting that online gambling is its next billion-dollar business. Nevada and Delaware are laying the groundwork for virtual gambling and soon are likely be joined by New Jersey. Bills have also been introduced in Mississippi, Iowa, California and other states. Overseas, online betting is generating an estimated $32 billion in annual revenue -- nearly the size of the United States casino market. "Everyone is really anticipating this becoming a huge business," said Chris DeWolfe, a co-founder of the pioneering social site Myspace now working on a gaming studio with a gambling component.

Posted by rcade at 08:28 PM | 17 COMMENTS | permalink | Comment on This Entry |

Advertisement

Menu

Front Page
Breaking News
Comments
Flagged Comments
User Blogs
Write a Blog Entry
Create a Poll
Edit Account
Weekly Digest
Stats Page
RSS Feed
Back Page

Advertisement

Subscriptions

Read the Retort using RSS.

Author Info

Joined 2003/04/04
Visited 2013/05/18

Status: editor

Advertisement

MORE STORIES

538: No Statistical Basis for Audit Claims (0 comments) ...

House Group Reaches Immigration Deal (0 comments) ...

Stevens: Bush v. Gore Reasoning 'Unacceptable' (53 comments) ...

Consumer Sentiment Near 6-Year High (13 comments) ...

Illinois Senate Approves Medical Marijuana (6 comments) ...

Advertisement

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Personal attacks, profanity, abusive conduct and expressions of prejudice are not allowed. If you have comments about site moderation, contact the site publisher in email.

16 Trillion in debt? how we gonna pay the Rothchilds and Rockafellers back? Weed and Dice, baby!

#1 | Posted by AuntieSocial at 2013-02-18 08:34 PM | Reply | Flag:

I dont know why it shouldnt be legal. Same as weed.

#2 | Posted by rearendhat at 2013-02-18 08:38 PM | Reply | Flag:

Why online when there's casinos everywhere now. It can't be the same and I'd never trust it.

#3 | Posted by patron at 2013-02-18 08:53 PM | Reply | Flag:

Maybe because it is too easy to steal credit info and run up a gambling tab, Rearendhat.

#4 | Posted by Diablo at 2013-02-18 09:05 PM | Reply | Flag:

Maybe because it is too easy to steal credit info and run up a gambling tab, Rearendhat.

#5 | Posted by Diablo at 2013-02-18 09:05 PM | Reply | Flag:

People being able to throw their money away from home should help the economy a lot.

#6 | Posted by REDIAL at 2013-02-18 09:20 PM | Reply | Flag:

Sports betting is what needs to be taxed and regulated. It's going on all over the country anyway. Doing it online will put illegal bookmakers out of a job. Nevada and Delaware (the only places where sports bets are currently legal in the US) get only a minuscule amount of the action wagered on sporting events in America.

Americans are wagering online anyway regardless of its legality. It's past time to bring this industry into the light of day so that revenues from the online casinos can be taxed.

#7 | Posted by DCTexan at 2013-02-19 12:04 AM | Reply | Flag:

Gambling is NOT the same as weed! Make no mistake.
Gambling is BY FAR the most debilitating addictive disease that is known.

#8 | Posted by yougothurt at 2013-02-19 05:39 AM | Reply | Flag:

Politicians love to control everything. It's really bad, illegal, and carries jail time, unless they bless it and grab tax revenue from it. Nice.

#9 | Posted by sames1 at 2013-02-19 10:33 AM | Reply | Flag:

"People being able to throw their money away from home should help the economy a lot."

They're doing it already. The only question is whether we want American companies to be in on the largesse or if we keep wanted to force the revnue offshore.

#10 | Posted by Sully at 2013-02-19 12:47 PM | Reply | Flag:

"Gambling is BY FAR the most debilitating addictive disease that is known."

I'll bet you that's not true.

#11 | Posted by Harry_Powell at 2013-02-19 04:43 PM | Reply | Flag:

I'll drink to that!

#12 | Posted by Corky at 2013-02-19 04:44 PM | Reply | Flag:

Gambling is not a disease. Its an impulse control issue.

#13 | Posted by Sully at 2013-02-19 04:50 PM | Reply | Flag:

You've got to
Know when to hold 'em
Know when to fold 'em
Know when to walk away
Know when to run

-- "The Gambler"

Online gambling -- bad idea.

Too many people don't "know when to walk away, know when to run."

#14 | Posted by CalifChris at 2013-02-19 10:36 PM | Reply | Flag:

"Gambling is BY FAR the most debilitating addictive disease that is known."

Alchohol has it beat by far -

I willing to bet..:)

#15 | Posted by boaz at 2013-02-20 11:34 AM | Reply | Flag:

Online gambling -- bad idea.

I dont agree..

Online Gambling and Prostitution..two vices that are going to happen anyway that we are missing out on huge revenues.

#16 | Posted by boaz at 2013-02-20 11:35 AM | Reply | Flag:

Sports betting would be a tax jackpot if it can be regulated online. Nevadans don't pay state income taxes because of gambling taxes, and sports betting plays a significant role in that. Plus, sporting events are much harder to fix than online computer programs that are offered on gambling websites.

#17 | Posted by DCTexan at 2013-02-20 03:08 PM | Reply | Flag:

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Nooner | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2013 World Readable

Advertisement