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October 28th, 2011
Real estate and casino mogul Donald Trump has officially revealed his support for the legalization of online gambling in the U.S. He supports the suggestion that the profit produced by online gamblers in the U.S. should remain in the U.S. instead of sending it to companies outside.
Trump shared his comment with the Associated Press last Thursday, "It is supposed to be approved here, a tremendous amount of money is going outside the U.S. that should and are possible to stay in this country."
He has a vested interest in the U.S. gambling market indeed and is looking to getting involved in the online casino industries. Donald Trump is placing himself, through Trump Entertainment Resorts, to get in on the ground floor of the online gambling business once it is approved in the U.S. He has filed with the SEC in the process of choosing a joint venture association to manage future online gambling operations, and aims to leverage his brand in addition to his existing gambling licenses in the U.S. for a competitive edge in the online market.

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