User:AGA Chairman Says Online Gambling Is Industry's Top Interest

"Legalization of internet gambling will be the hottest federal issue facing Nevada's gaming industry in the coming years," said the president of the American Gaming Association.

"The need for new taxes could push legalization in both houses of Congress," said AGA Chairman and CEO Frank Fahrenkoff.

"There has been an expectation that we will be able to raise billions of dollars in new federal revenues in the Hill," said Parenkov, a Reno High School graduate. "So we can expect all the issues of internet gambling to take center stage in the next Congress."

"Federal lawmakers believe that potential tax revenues from internet gaming could fuel the legislative agenda," Fahrenkov said. 파워볼사이트 추천

"Congress has adopted a pay-as-you-go system," he said. "So any member or senator introducing any cost-effective legislation should also show how they're going to pay for it by cutting spending in one place or raising taxes in another. So we know that in those situations, they're going to look around to get some extra income..."

"We know that if legalized, Harras, who currently owns World Series Poker, would be very interested in entering that market," Parenkov said. "We know that MGM has been optimistic about internet gaming for a long time. Steve (Win), I don't know what he's going to do and I don't know what some of the other operators are going to do..."