A new tax revenue analysis announced by Representative Jim McDermott (D-WA) estimates that regulating Internet gambling would generate between $8.7 billion to $42.8 billion in federal revenues over its first ten years. The findings of the analysis, prepared by PricewaterhouseCoopers, were provided to all Members of Congress by McDermott earlier this week.

McDermott letter to congress: http://www.safeandsecureig.org/media...financeltr.pdf

PWC report: http://www.safeandsecureig.org/media/taxestimate.pdf