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Online Gambling's Payoff
Although online gambling is illegal in the United States, you'd never know it by looking at the numbers. Last year alone 7.8 million Americans logged on to Internet gambling sites.
And with the online gambling industry banking almost $12 billion in revenue in 2005, some U.S. casinos think the time has come to legalize Internet gambling and cash in ' a position that was considered all but unthinkable until recently.
“The question is, Do you play in the game or sit back and watch this thing become what ultimately will be a very, very large industry?” says Sebastian Sinclair of Christiansen Capital Advisors, a gambling-research organization.
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