If the Unlawful Internet Gambling Enforcement Act is repealed, the United States could see a $52 billion revenue bump in the next ten years, Reuters reported on Wednesday.
A study, prepared by PricewaterhouseCoopers International Ltd. for UC Group, an online payment processor, found that by taxing online gambling instead of prohibiting it could be financially beneficial for the country.
According to Reuters, this new figure is up by 22 percent when compared to 2007 because of online gambling’s growing popularity in the United States.