Being branded illegal by federal government authorities hasn’t stunted the growth of online gambling, which will become a US$20 billion worldwide industry by 2009, according to a report released Wednesday by the American Gaming Association, the Washington, D.C.-based lobbying arm of the commercial casino entertainment industry. “Despite the official hostility of the federal government and most state governments, Internet gambling among U.S. residents continues to grow at a rate of more than 20 percent a year,” said the report.
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Illegal Gambling Thrives on Internet
Posted by: John P. Mello Jr. May 25, 2006 08:42 AMBeing branded illegal by federal government authorities hasn’t stunted the growth of online gambling, which will become a US$20 billion worldwide industry by 2009, according to a report released Wednesday by the American Gaming Association, the Washington, D.C.-based lobbying arm of the commercial casino entertainment industry. “Despite the official hostility of the federal government and most state governments, Internet gambling among U.S. residents continues to grow at a rate of more than 20 percent a year,” said the report.