States Need Online Gambling

There's always a need to raise money and that is the key to how online gambling is going to be legal in over a dozen states soon.

That's the report anyway. The general opinion is that when one state finally makes the move and legalizes online gambling, all the rest will fall like a multi-colored line of dominos. Except for Utah, of course! Utah has opted out with emphasis put on a double opt out.

"It is going to occur. They need the revenue," said Richard Bronson, chairman of U.S. Digital Gaming, which helps states implement legal gambling.

The casino giants jumped in to lay plans and start acquiring companies that will provide the online connection; Wynn Resorts, MGM Resorts, and Caesars Entertainment have already started the ball rolling.

There are guesstimates piled upon guesstimates that estimate how much revenue can be generated by legalizing online gambling - especially if gaming platforms are linked to social sites like Facebook and Zynga.

Read More…