Can Online Gambling Help Solve State Debt Woes?

That’s the question this FoxBusiness report asks. (I am quoted in the story.) Of course, convincing politicians that enacting something that the public actually wants and that brings in tax revenues that the public wants to pay should be a no-brainer.

Yet in the recent California legislative session the state could not enact legislation. Nevada has already licensed two online poker sites (play is likely to begin in early 2013). Other states are almost certain to follow. The big question is will federal legislation be enacted. The odds are against it, but something could happen in the Lame Duck session following the November elections.


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