A recent article suggests that Las Vegas Casinos are now on the side of legalizing online gambling. This makes a lot of sense considering it would be much easier for them to be approved by the US government before harder to regulate off shore casinos. This would also help them recover some of the revenue they are losing as the country's economy declines and vacations become less common.
This is a great idea for these casinos. If licensed by the government, they would have a major advantage over non-licensed casinos. They would also be able to instantly penetrate the market due to new players that are familiar and comfortable with names like Harrah's and MGM. You would probably also see other publicly traded casino groups like Boyd and Station get involved.
The American gambling market is already quite large and would most likely increase upon legalization. If these companies can dominate that market, it could rejuvenate their struggling industry. Not to mention, create tax dollars and at least a small amount of new jobs.
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