Tuesday, October 03, 2006

The end of online gambling?

The US House of Representatives and Senate unexpectedly approved a bill early on Saturday that would make it illegal for banks and credit-card companies to make payments to online gambling sites. This now leads to a US gaming crisis in the US.

With countries like the Philippines and Singapore having a more open regulation on this matter. Will our country embraced it or turn it away as well?


Eric Bergen said...

There is hope! It appears that outlawing online gambling violates the US agreements with the WTO. We better get a Democrat in office soon.

You can sign the petition on my site

digitalfilipino said...

Thanks Eric. Will check your site out.

Pinoy Gambler said...

yeah they managed to include anti-online gambling provisions, in a backdoor trick kind of way - the only way they could get it past US Congress. Anyhow, the UIGEA restricts financial institutions' dealings with online gambling companies - it did not specifically outlaw or declare that online gambling is illegal. 20+ million Americans play online poker already. And there are carveouts for betting on horse racing and buying lottery tickets online via the Internet. The US has a crazy attitude towards gambling in general and online gambling in particular.