Home > Gambling > Legalized Internet Gambling Likely?

Legalized Internet Gambling Likely?

Leave it to the credit rating companies to make a push that could see Internet Gambling legalized in the United States.On Monday, a prominent credit rating agency said it sees Internet gambling gathering momentum in various states and in Congress. Fitch Ratings , the agency whose bond ratings the state of Massachusetts uses as a measure of the state’s economic strength, said in a new report that legalized online gambling is “increasingly likely.” It said the changes may happen on either a regional basis or at the federal level.“Multiple states have been considering intrastate online gaming proposals, new federal proposals are being discussed, and the budget outlook at both state and federal levels remains strained,” according to the Fitch analysis. “Companies have been ramping up online initiatives and/or entering into alliances, such as Wynn-PokerStars and Caesars-888 Holdings .” Read More


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