Casino News: Online Casinos is the key factor to improve financial system in the USA?

Online Casinos is the key factor to improve financial system in the USA?

 November 17, 2008, 2:59 pm (3 years ago)
The land-based casino business is beginning to look at alternatives concerning online casinos. Last week, the president of the American Gaming Association shared his view that legitimate online gambling is what the United States will lay its hands on in the future.

Frank Fahrenkopf operates the business in charge of representing the massive casino operators. Members of the AGA are such gambling directors as Steve Wynn, Gary Loveman of Harrah's Entertainment, and Dan Lee of Pinnacle. This group has broadly lobbied in the past to maintain Internet rivalry at bay by prohibiting it.

But at the present, massive land casino resorts are coming closer to impracticable to finance, and incomes are going down as travel turns out to be too luxurious for a lot of gamble enthusiasts. And a fresh image is taking place at the American Gaming Association.

Fahrenkopf views the justification and rule of Internet gambling as secret formula to Congressional financial plans. Fahrenkopf, who has a deep knowledge of politics from his times as chairman of the Republican Party throughout the Reagan Presidency, explains in an interview with the Reno Gazette, that any Congressman or Senator who brings in a piece of legislation is responsible to follow up any kind of negative outcomes or unpleasant financial consequences caused by it.
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