Trumps Lobby for Republican Congressman's Online Gambling Bill

Tuesday, 01 Nov 2011 12:25 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
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.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

George P. Bush: I'm Not Endorsing Anyone in 2016 Race

Saturday, 20 Sep 2014 18:45 PM

George P. Bush is not endorsing anyone for the White House in 2016, even if his father, former Florida Gov. Jeb Bush, be . . .

House Republicans Hire New Attorney for Obama Lawsuit

Saturday, 20 Sep 2014 17:15 PM

House Republicans Friday signed a contract with a new attorney torepresent them in their lawsuit against President Barac . . .

Abbott, Davis Face Off in First Gubernatorial Debate

Saturday, 20 Sep 2014 13:39 PM

Texas state Sen. Wendy Davis and state Attorney General Greg Abbott each scored points Friday in their first gubernatori . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved