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?

3 comments:

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.

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