AGA president says online gambling tops industry concerns - Casino City Times

[I Heart Gambling Online]

As reported by the Reno Gazette-Journal: "The legalization of Internet gambling will be the hottest federal issue facing Nevada's gaming industry in the next few years, the president of the American Gaming Association said.

"The need for new tax money could drive its legalization in both houses of Congress, said Frank Fahrenkopf, the AGA president and CEO.

"'There have been projections circulated on the Hill that it can raise billions of dollars in new federal revenue,' said Fahrenkopf, a Reno High School graduate. 'So we can expect that the whole issue of Internet gambling will be front and center in the next Congress.'

"Federal lawmakers see that potential tax revenue from Internet gaming could fuel their legislative agenda, Fahrenkopf said.

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