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U.S. Law May Fold Web Casino Gambling

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Poker.com, an Internet gambling company, is one of many in the industry cashing in on the customers new technology is bringing in. One measure, sponsored by Rep. Bob Goodlatte, R-Va., would expand the 1961 Wire Act, which focused on outlawing sports bookmaking by phone or telegraph. The other bill, sponsored by Rep. Jim Leach, R-Iowa, prohibits credit-card companies and banks from processing payments by U.S. customers to gambling sites.

Major credit card firms have instituted their own policies to block such payments. Congressional aides were trying to combine the two bills, as a single piece of legislation would have a better chance of passage by the House this month and by the Senate in the fall. Millions of Americans do it regularly, even though the Justice Department says they're supporting an illegal enterprise.

June 16, 2006
Posted By Hector Rodriquez
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