States Look To Internet Casinos, Online Poker To Boost Revenue

18:54

January 23, 2012

Casino industry representatives and exhibitors watch an online poker game during industry conference in Las Vegas. (AP)

More cash-strapped states are considering expanding gambling beyond their state lotteries to fill budget shortfalls.

Last month the Department of Justice reversed its stance and declared that online gambling is legal as long as states approve it.

How quickly will online poker games, which had all but disappeared in the U.S. since some high-profile indictments back in April, be going full tilt again? And how much revenue is there to be gained through internet casinos?

Guest:

I. Nelson Rose, Whittier Law School professor and expert on gambling law and a legal consultant to governments and the gambling industry

This segment aired on January 23, 2012.