Skip to main content
Tags: Trump | online | gambling | legalize

Trumps Lobby for Republican Congressman's Online Gambling Bill

Tuesday, 01 November 2011 12:25 PM EDT

Real estate mogul Donald Trump and daughter Ivanka are lobbying hard for passage of a bill to legalize and regulate online gambling in the United States, insisting it will be a huge moneymaker for the country — and for the Trumps, who want to break into the business, reports DailyCaller.com.

“It would be a tremendous source of taxable revenue for states or the federal government and an enormous generator of jobs,” said Ivanka, who heads up business development for the Trump empire.

The Trumps have gotten behind the controversial pro-gambling bill, sponsored by Rep. Joe Barton, R-Texas, that critics say will take money away from state lotteries and retailers who sell lottery tickets, and divert it to private companies.

“In Maryland, for example, federalized poker and casino gambling would put at risk the $519 million annually we generate from our state lottery — our state’s fourth largest source of revenue — and jeopardize the jobs and survival of lottery retailers, many of which are small businesses,” wrote that state’s Democratic Gov. Martin O’Malley to the House Energy and Commerce Committee, which is considering the pros and cons of online gambling regulation.

© 2024 Newsmax. All rights reserved.


Politics
Real estate mogul Donald Trump and daughter Ivanka are lobbying hard for passage of a bill to legalize and regulate online gambling in the United States, insisting it will be a huge moneymaker for the country and for the Trumps, who want to break into the business,...
Trump,online,gambling,legalize
189
2011-25-01
Tuesday, 01 November 2011 12:25 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved