Gambling In The United States
Gambling is legally restricted in the United States, but its availability and participation is increasing. In 2007, gambling activities generated gross revenues (the difference between the total amounts wagered minus the funds or "winnings" returned to the players) of $92.27 billion in the United States. Commercial casinos provided 354,000 jobs, and state and local tax revenues of $5.2 billion as of 2006. Critics of gambling claim it leads to increased political corruption, compulsive gambling and higher crime rates. Others claim that gambling is a type of regressive tax on the individuals in local economies where gambling venues are located.
Read more about Gambling In The United States: Gambling Revenues, History, Authorized Types, Legal Issues, Commercial Casinos, American Indian Gaming, Lotteries, Recriminalization
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—Franklin D. Roosevelt (1882–1945)