Big tax bucks for USA if online gambling is legalised

The United States could benefit to the tune of between $8.7 billion and $42.8 billion in federal tax revenues over the first ten years of a regulation and licensing approach rather than one of prohibition, says a new study carried out by the independent business services group PricewaterhouseCoopers.

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Thu, January 31st, 2008

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Casino gambling facts:

  • Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
  • When traveling to Las Vegas be sure to check out some of the incredible scenery outside of the city. Lake Mead is about 45 minutes away from the city and is a beautiful place to cool off. When things get really hot, give Mount Charleston a try. It\'s approximately 30 degrees cooler. Red Rock Canyon is only a 30 drive. There is also the stunning Valley of Fire which is 1 hour away from Las Vegas.
  • The word Casino originally meant a public hall for music and dancing. By the second half of the 19th century, the term essentially meant a collection of gaming or gambling rooms. The classic example of a casino, is the casino at Monte-Carlo, which was opened in 1861.
  • 1951: On September 4, Frank Sinatra makes his Vegas debut, performing in the Crystal Room at the Desert Inn.
    1959: Wayne Newton performs in Vegas for the first time, despite the fact that he is still too young to enter a casino.