Frist Continuing His Push To Eliminate Internet Gambling

Senate Republican Leader Bill Frist is continuing his assault on the online gambling industry, acknowledging that a deal could be hard to strike before lawmakers break at the end of September, but he still believes a law should be passed to outlaw most gambling sites.

The bill, which has already passed the House of Representatives, is being opposed vigorously by lobbyists for casino owners and those with dog-racing interests.

The sites themselves would not be illegal but under the bill it would make it illegal for credit card companies and banks to make payments to any of these online sites.

There are many investors around the world keeping a close eye on the outcome of this debate as the United States makes up a large part of the worlds online gambling customers, and with the legal battles going on with Betonsports.com, many investors have already pulled out of the U. S. market.

Many of the people that support the bill say that there is a need to clarify a 1961 federal law banning interstate telephone betting to include online gambling.

September 6, 2006
Posted By Vincent Tapoglia III
Staff Editor, CasinoGamblingWeb.com    Previous Page | Internet Gambling | Top Online Casinos | Submit News!