Goldman Sachs, a US investment bank, is predicting that poker online for US citizens will be legalized eventually and regulated by the US government. Using the Party Poker Gaming Network as a sample, the firm has concluded that just with it’s 9% market share, such a site would genereate billions for the economy just in rake alone. If the US were to legalize poker online, the investment giant estimates that the poker industry alone would be worth close to 3 billion dollars. They took their research a little further and concluded that the average make off of each player for the government coffers would be just over 300 dollars per player. And if such a legalization were to go one step further, such as including online casinos with games such as blackjack and roulette, then the worth would skyrocket up 4x to about 12 billion. Sachs predicts that such a lift and reregulation would help several sites that have proprietary software, such as Everest Poker, as they would grow in popularity if they were allowed to operate without restrictions in the US. Though the process is to be a slow one, with legislation being pushed back to September so far, the lure of tax revenue will eventually push the US to legalize online poker, making not only the players happy, but the market itself more competitive.

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