The U.S. could benefit from 52 billion over the next decade by reviewing the UIGEA

A new study by PricewaterhouseCoopers concluded that the United States could benefit significantly if the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 was reviewed. According to PricewaterhouseCoopers, the United States could increase revenues of 52 billion over the next 10 years if this Act was amended. A tax on the gambling online has notably suggested.

The raised 52 billion sum is greater than the first estimate of the firm in a similar study conducted in 2007 study used to support the Internet Gambling Regulation and Tax Enforcement Act of 2008. The first study by PriceWaterhouseCoopers concluded that the U.S. would benefit from more than 42.8 billion dollars over the next 10 years if online gambling was legal in all 50 States US and subject to taxes.

Jeffrey Sandman, spokesperson for the "Safe and Secure Internet Gambling Initiative", recently reported to Reuters that the estimates on figures relating to gambling online have increased, despite the entry into force of the UIGEA. And this number continues to increase continuous Sandman. "We need a government regulation in the us - to protect consumers" he said.

As was the case in 2007, the latest study by PricewaterhouseCoopers was for the UC Group, a payment service that has any interest in gambling online is everywhere legal in the United States. The legalization of online gambling would be in their opinion a good solution to the urgent need for the Government of new sources of revenue, following the signing of the recent American Recovery and Reinvestment Act of 2009 (the "Stimulus Bill"). They encourage legislators to take advantage of this lucrative potential.

In February, a spokesman for the Republican party, Barney Frank (D - MA) to the Department of Finance announced his intention next revise the UIGEA. He plans propose a new law in March. We do not know if a law similar to the IGRTEA (Internet Gambling Regulation and Tax Enforcement Act) of 2008 will be also proposed.


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