zengrifter
Banned
House easily approves Internet gambling ban
Tue Jul 11, 2006 4:29pm ET
By Peter Kaplan
WASHINGTON, July 11 (Reuters) - The U.S. House on Tuesday approved a Republican-written bill to crack down on Internet gambling, in what critics said was an election-year appeal to the party's conservative base.
The House voted 317-93 to impose a ban on most forms of Internet gambling by making it illegal for banks and credit card companies to make payments to online gambling sites. Internet gambling generates some $12 billion annually worldwide, half from American gamblers.
The bill exempted horse racing and lotteries from the ban.
"This is a scourge on our society. It causes innumerable problems," Republican Bob Goodlatte of Virginia, one of the bill's sponsors, said on the House floor before the vote.
...continued here - (Dead link: http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-07-11T202949Z_01_N11189902_RTRIDST_0_LEISURE-GAMBLING-CONGRESS-UPDATE-2.XML&rpc=66)
Tue Jul 11, 2006 4:29pm ET
By Peter Kaplan
WASHINGTON, July 11 (Reuters) - The U.S. House on Tuesday approved a Republican-written bill to crack down on Internet gambling, in what critics said was an election-year appeal to the party's conservative base.
The House voted 317-93 to impose a ban on most forms of Internet gambling by making it illegal for banks and credit card companies to make payments to online gambling sites. Internet gambling generates some $12 billion annually worldwide, half from American gamblers.
The bill exempted horse racing and lotteries from the ban.
"This is a scourge on our society. It causes innumerable problems," Republican Bob Goodlatte of Virginia, one of the bill's sponsors, said on the House floor before the vote.
...continued here - (Dead link: http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-07-11T202949Z_01_N11189902_RTRIDST_0_LEISURE-GAMBLING-CONGRESS-UPDATE-2.XML&rpc=66)