Now here is something interesting I read the other day.
It was a report put out by a group (I’d never heard of) called the Global Betting and Gaming Consultants (GBGC).
The report said the online gambling market in 2010 increased by twelve percent to $29.3 billion dollars.
Pretty amazing, huh?
Such an incredible growth rate makes online gambling one of the fastest growing industries in the world.
Do you hear that state legislators?
A further look at the numbers reveals that the twelve percent growth amounts to an average monthly gain of 330 million dollars over the last year.
Well, a lot of this was online sports betting. No big surprise there.
All in all, the future looks pretty bright for LEGITIMATE online internet gambling.
Can you imagine how much money a state could make by putting up a legitimate, state sponsored gambling web site.
Hell, I’d go to it.
As more countries begin to license, regulate and tax online casinos as well as online gamblers, the industry will continue a steady rate of double digit yearly growth for the next foreseeable future, the report said.