President Johnson earlier on today signed a bill into law that legalized
gambling.
This
long awaited bill comes at no surprise to anyone. The law amounts to little
because
of online gambling, but it was still something strongly opposed by both Nevada
and
Atlantic City casino owners. Since the raise of online gambling in the late
1990's this
has been a major battleground. The question was what was the point in having
gambling illegal in the United States if one could just go online and play
there. At
one point there was an outcry to make gambling over the Internet illegal but
this was
quickly proven much to hard and possible against international law. So far a
long
time the American government just sat back and did nothing. Within the last 10
years this issue has come back to the surface as developers like Mr. Donald
Trumps
son have said they want to develop casinos in New York city and other major
metropolitan areas where gambling was up until this law illegal.
The passage of this law should help stimulate the US economy in a major way.
In the state of Nevada there is no personal income tax because of all the
revenue
from gabling. The hope is that with the passage of this law other states will
be able
to benefit in the same way. Some concerns expressed regarding this bill is that
it
would make is far too easy for underage minors to now gamble, but this is far
from
the truth. In Las Vegas where gambling has been legal it is very well regulated
and
they are able to stop minors from gambling, on the other hand when people are
forced to go underground to gamble a lot less care is taken as to ones age.
President Johnson in his press conference said that while he knows that there
has been much debate over this issue in the past he hopes that America will now
be
able to come together. President Johnson also expressed his belief that this
bill will
make life better not only for some American but for every American.
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