Help Spur Economic Growth with New Revenue and Jobs

“We should regulate Internet gambling to protect the American people and rightfully collect billions in lost tax revenue that could help us fund important programs that benefit people.”

— Rep. Jim McDermott (D-WA)

As legislators across the country seek to find ways to boost the economy and generate new revenues without having to raise taxes or cut programs, projection after projection indicates Internet gambling regulation would have an immediate and profound economic impact.

• The New Jersey State Treasurer estimates Atlantic City casinos will net $1.2 billion during its first year of Internet gambling operations
• H2 Gambling Capital, the leading supplier of data and market intelligence regarding the global gambling industry, found federal regulation will generate a gross expenditure of $67 billion and create 25,470 new jobs in over five years
• The U.S. online gambling industry will be worth $93 billion by 2020, according to Morgan Stanley 

Congress should regulate Internet gambling to protect consumers, create jobs and help stimulate our economy.

 

Create over 25,000 new jobs in five years — projected by H2 Gambling Capital