Experts Say US Good Investment
 
July 11, 2009

Experts are saying that they feel that if you are going to spend your investment money on a sure thing this year it should probably be online gambling. They say that if you are looking at a sound investment, an industry that is only getting bigger by each passing day, then you will want to look at the online gambling industry.
 
One of the biggest investment companies out there is Goldman Sachs and they have released a letter to their investors where they are recommending that they invest in online gambling. Their latest report to investors says that online gambling, when legalized, could be worth more than $12 billion. They say that the “implications for US tax take” could be substantial.
 
They believe that the online gambling market will be legalized and that legal poker alone would be worth $3 billion. They looked at how well the market was doing with the UIGEA in effect, and then they figured out how it would increase in revenues when made legal and they realized that this is really the best return for their money.
 
They said that online gambling would move faster on a state level, and then eventually it would take over federally – but as a second wave of legalization. They said that even though online gambling hearings have been postponed until September, they did not feel that this would be a huge set back for the industry. They feel that no matter when the online gambling industry is legalized that it would be of great benefit to their investors.

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