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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