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In many countries across the globe online casinos are still considered illegal.  One certainly does not have to look far, especially if you live in the United States.  The Unlawful Internet Gambling Enforcement Act does not technically outlaw online casinos but it certainly makes it difficult for online casinos to cater to an American customer base.

While the Untied States Justice Departments is spending tax payer money on court cases to persecute online casinos and other governments spend millions on methods to track illegal online gambling sites, these very same governments could be filling their coffers by taxing an extremely successful international industry.  Not only that they could be protecting consumers.

From a business point of view, a very important point of view as governments across the world are looking for new says to get money moving and cut spending, outlawing online casinos does not make much sense.  Online casinos are a multi billion dollar industry that if legalized and taxed could bring in no less than millions to government coffers each year. 

If there ever was a time to legalize online casinos it is now.  Government on a federal level, local level and everything in between are suffering enormous budget deficits.  Business after business is faltering under the failing economy.  Despite all this, online casinos continue to thrive.  Online casinos are one of the few lucky industries that ended 2008 with their books in the black. 

The British government is an excellent model.  A few years back they decided to regulate and takes the online gambling industry and reap the benefits of a booming industry today.

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