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Online Gambling : Legalization Soon!

Up until last year, online betting was considered illegal. Then the Department of Justice issued a memo green lighting it with some restrictions. The state has to allow it, the betting takes place within state borders, and no sports betting is involved. If all 3 of those criteria are met, then it is good to go!

It looks as though the proverbial floodgates are opened in the online gambling debate. Nevada has already passed a law and New Jersey is likely to follow soon. Hawaii and California are also considering bills to legalize online gambling.

New York Times reported, online gambling in America could be worth anywhere from $6 billion to $100 billion. That is a potentially huge cash influx in these hard times for any state that chooses to legalize it.
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