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Sports Handicapper on Affects of Internet Gambling Ban - Gambling911.com

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Old 02-27-2009, 09:30 AM   #1 (permalink)
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Default Sports Handicapper on Affects of Internet Gambling Ban - Gambling911.com

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We all know how the Internet Gambling Ban has affected our industry as a whole, including the handicapping business over the past 3 years. Your deposits and withdrawals have become a game of cat and mouse with various offshore books because of it. Illegal gambling of sports, according to Price Waterhouse is an estimated 38 billion dollar industry currently not taxed and off the books in the US alone. Only 1% of that number is posted legally through Las Vegas Sportsbooks and taxed. The offshore numbers are cloudy, not only with sports wagering, but online casino, horse betting and poker rooms. I assume that number to be in the tens of billions as well.


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