Archive for July, 2006

Internent Gambling Ban Passes the House

HR 4411 - The Internet Gambling Prohibition and Enforcement Act - Came a step closer to reality Tuesday night as the House of Representatives voted 317-93 in favor of the legislation.

The bill now moves to the Senate, where Internet-based gambling has not appeared to be much of a priority. However the ease at which the bill passed could inspire some momentum at the Senate level.

Reminder, we’ve set up a Google News Watch to monitor the headlines.

Add comment July 12th, 2006

Ban On Online Gambling Closes In On House Debate

D-day could be on the horizon for online gamblers, including online poker players, as HR-4411 - The Internet Gambling Prohibition and Enforcement Act - could find its way to the House floor as early as Tuesday. HR 4411 is a combined bill from Representatives Bob Goodlatte (R-Va.) and Jim Leach (R-Iowa).

The Internet Gambling Prohibition and Enforcement Act is designed to cut the flow of money from US gamblers to the offshore, Internet-based gambling sites. US gamblers represent about half of the estimated $12 billion to be wagered online in 2006. In addition to stopping the flow of money, provisions would also be in place to block gambling sites at the ISP level and a further clarification of the Wire Act to include poker sites.

Ironically, the bill would still allow online wagering for horse racing and state lotteries, the former legalized as part of the Internet Horseracing Act.

We’ve set up a Google News Watch to monitor the headlines

Add comment July 10th, 2006


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