Quote:
Originally Posted by Gamerson99
How big are we even talking here in terms of a potential industry? Agree it's an opportunity for states but would it be large enough of a gain to push something through short-term? Of that $60M lost in Maryland from casinos... what % of that is from poker. I just can't imagine it's that large.
If, the marginal revenue is greater than the marginal cost of passing enabling legislation for online poker (and casino) and supporting whatever degree of regulation is imposed, then a State should legalize such activity within its jurisdiction.
That the net revenue from online poker might be less than the revenue that has been lost from shuttered brick and mortar casino operations is NOT the issue.
Why require poker to cover the overall casino revenue shortfall for the State ? Throw in online casino legalization however, and you might actually come close to covering that whole shortfall.