A couple new bills were introduced today that could legalize online gambling. Read more

Very good news. I think these bills have a very good chance of making it through the House, though it might run into some resistance from congress. This is the first set of bills presented to the new congress and Obama, so it will be interesting to see what happens…

thanks for that great news, i think that has very good chance of going through the congress its in a way a revenue generation on whom the government regulating that gaming operations

Well, im concern about what will the religous community gonna say about this…
Whats your opinion?

hi,

you will have to pay taxes on gambling income but you can deduct gambling losses from your gambling income which is why there’s a market for losing scratch off tickets. If you bought a losing $20 scratch-off ticket for 50 cents, it’s still a $20 deduction on your taxes possibly saving you $6 to $7 but only if you have gambling winnings to deduct from.

This is fantastic news! Sharon has tremdous talent - and I am so glad she will share that with us!