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Anti-Internet Gambling Bill Meets Stiff Opposition
Law, 2006-04-06, by TwoGun
Bob Goodlatte's Internet Gambling Prohibition Act (HR 4777) would attempt to significantly curb the ability of Americans to gamble on the internet (this would include online poker). There has been a lot of press regarding this and other anti-internet gambling bills lately.
During a sub-committee meeting yesterday, the bill met with much opposition. A banking industry spokesman said the bill would be an enforcement nightmare for financial institutions. There was also much opposition and confusion about the carveouts in the bill (betting on horse racing will probably be excluded from the bill).
The sub-committee is the first stage of the legislative process for new federal American laws. No vote was taken on the bill by this committee, and no second sub-committee meeting has been scheduled yet.
More information can be found in this Igaming News Article.
During a sub-committee meeting yesterday, the bill met with much opposition. A banking industry spokesman said the bill would be an enforcement nightmare for financial institutions. There was also much opposition and confusion about the carveouts in the bill (betting on horse racing will probably be excluded from the bill).
The sub-committee is the first stage of the legislative process for new federal American laws. No vote was taken on the bill by this committee, and no second sub-committee meeting has been scheduled yet.
More information can be found in this Igaming News Article.
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