It's Official: House Gives Thumbs Down To Online Gambling

Posted: Jul 12 2006, 5:05am CDT | by , Updated: Aug 10 2010, 5:56pm CDT, in News | Other Stuff

 
It's Official: House Gives Thumbs Down To Online Gambling
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Yesterday we told you that a bill banning online gaming in the U.S., H.R. 4411 to be exact, was likely going to pass through the House of Representatives. Last night, that became a reality when the bill was passed by a trouncing majority of 317-93. If passed by the Senate, it could be a huge blow to the $12 billion a year industry.

Under the bill, you won't be able to use credit cards to pay for gambling sites (which pretty much means you can't pay for gambling sites) except those sponsored by the state, like state lotteries. Also, thanks to a quirky 1970s law, betting on horse races is also immune.House representatives bring up a humanitarian face when it comes to this issue, saying they're looking out for the younger generation, worried sick that they're going to lose a lot of money. Of course they're more worried that if they don't back the bill they'll lose their Republican supporters.

The bill is not as much of a sure thing for the Senate, so don't cancel your PokerParty.net account just yet. Read the full AP story here. If you're really interested, you can also see the entire bill (PDF).

Report Published by: Mark Raby

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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