Online Gambling Could Help Bottom Lines

April 30, 2008

Many states have now turned to some sort of gambling to prop up their overextended budgets. In fact, many have allowed full fledged casinos so that they could milk the residents and visitors for all that they are worth.

However, now some of them are realizing that there is more money to be made if they simply legalized online gambling within their state. Nevada and California have already started investigating the possibilities of bringing online gambling to their state and many are sure to follow.

They would allow online gambling within their state, in essence simply more gambling that would be allowable for residents only. They could not gamble outside of the state, and other states’ residents could not gamble in their state.

Now Illinois is looking at legalizing online gambling in their state as well. They are one of those states that just aren’t getting their budgets met and simply need more money to balance it. Now they are looking to legalize online horse racing, which is already legal under the Unlawful Internet Gambling Enforcement Act.

However, online gambling is not actually legal in Illinois to the extent that it falls into a somewhat grey area. The tracks have thought about legalizing the online gambling before, but as there was a 2000 Attorney General opinion that made a note of the fact that state law does not clearly state that it is allowed, they have not proceeded earlier with it.


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