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New Study positive For Online Gambling Jobs
4/20/10 - A new report on US gambling from the British research and consultancy firm H2 Gambling Capital could provide the pro-legalisation lobby with some useful ammunition, reports the Washington DC publication The Hill.
Released early this week, the study found that legalised online gambling in the USA could create 32 000 new jobs and $57.5 billion in new tax revenue over five years....and lead to an estimated $94 billion in new economic activity.
“This study should provide further incentive for the Obama administration and Congress to act quickly to regulate Internet gambling,” Simon Holliday, a director at H2, said in a statement announcing the availability of the new research. He pointed out that by maintaining a prohibitionary approach to online gambling in the United States lawmakers are losing billions for their economy and leaving tens of thousands of U.S. players without any onshore regulatory protection.
The new information could provide a positive contribution for Congressman Barney Frank's latest HR2267 move to legalise online gambling, which is partnered by a complimentary tax proposal from Congressman Jim McDermott (see previous InfoPowa reports).
HR2267 has attracted the most support so far for such legislation, with 68 bi-partisan co-sponsors, and a House Financial Services Committee hearing to discuss the bill was postponed due to a diary rescheduling just last week.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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