Online gambling poised to pull $528bn
Categories: Poker, GeneralFrom Online gambling poised to pull $528bn | The Register
Internet gaming is now the fastest growing segment of internet commerce, according to a report from Gamingpublic.com, an industry trade publication. Revenue in the sector is growing at a rate of 22 per cent per year.
Gamingpublic.com cited a Merrill Lynch study that concluded the global internet gaming market could reach – wait for it - $528bn annually by 2015.
Yeah, I’m sure the US Government has tons of loot and doesn’t need any tax money that could be gained by taxing Internet Gambling instead of banning it.
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March 17th, 2007 at 7:56 am
Wow! More then I would ever expect. I think they will probably tax internet gambling, in time. Their biggest problem right now is all the money disappearing from USA i guess.