The election and inauguration of President Barack Obama has been heralded by many for different reasons. Online casino institutions see this as the opportunity to modify and abolish the restrictions placed upon the industry from the previous Bush administration.

President Obama has declared the issue of the economy as the first and most pressing issue for him to tackle. In order to help repair and strengthen the economy, president Obama will need to find additional sources of revenue for the United States governments. The Online gambling industry sees this as a natural opportunity for the United States government to legalize online gambling and collect taxes from the revenue. Online gambling proponents see this as a win-win situation for both parties involved.

Current proponents present in the U.S. Congress have already demonstrated the potential revenue that could be collected if online gambling was legalized. Led by Representative Barney Frank, a bill could be introduced in Congress along these lines.

Another reason the online gambling industry is hopeful is that Obama has long been a supporter of technology and the Internet. He has promised to continue keeping the Internet free of charge for users. Some see the potential for this promise to further extend to online gambling. By limiting its business on the Internet the freedoms of the owners are not being maintained.

Many citizens dissatisfied with the previous policies of the Bush administration, see the Obama administration has seeking to right what they view as the many wrongs. They see the Obama Administration as heralding in these new winds of change. As a result many online gambling supporters hope that the overturning of the United States legislation prohibiting online gambling will occur. During the presidential election president Obama was asked about his views on online gambling. While his response was noncommittal regarding this issue he did state that he would be open to examining the issue and determining the potential benefits of permitting such online gambling. Also many have learned that President Obama is a skilled an experienced poker player himself. Without a doubt for the first time in years online gambling supporters see a potential light at the end of the tunnel.

By stickystebee
The election and inauguration of President Barack Obama has been heralded by many for different reasons. Online casino institutions see this as the opportunity to modify and abolish the restrictions placed upon the industry from the previous Bush administration.