Study Shows US Could Make $52 Billion In The Next 10 Years If Gambling Becomes Regulated

The accounting firm PricewaterhouseCoopers has done a study on Internet Gambling and has concluded that the US could profit $52 Billion in 10 years if online gambling was regulated and taxed. $52 Billion is a large increase from the 2007 study that showed US could profit $42.8 billion in the next 10 years.


Barney Frank, Chair of the House Committee on Financial Services, has announced his intention of repealing the UIGEA (Unlawful Internet Gambling Enforcement Act). The repeal is anticipated to happen within the next month. The last attempt to repeal the act failed resulting in a 32 to 32 voting tie.

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