Taxing Online Casinos for Economic Benefit

KPMG is an accounting and advisory group around the world struggling for better regulation of the gambling industry.

The group claims that an increase in taxes with online casinos, e.g., would bring a country more revenue. Thus, the Australian government states that their industry will grow by 42% in the next two years what leads to $30 billion in revenue growth. Another example is China and Korea. Both countries have bans on online gambling, and both are fighting against underground online casinos, many of which are scams. So, regulation of online casino gambling industry there would help their economies and generate more jobs for their population.

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About Paul Greefin

Paul Greefin – was born in 1975 in waterford, Ireland. Being a very creative person, Paul decided to enter the prestigious University of London study art there. In 2001 he graduated and started his career as a writer of articles about modern art for layman. One of his colleagues made him interested in gambling and now Paul is a good poker player dreaming of entering a professional league.