WASHINGTON (Reuters) - Most forms of Internet gambling would be banned under a bill that received final U.S. congressional approval early Saturday.2 [7 u, O1 P, q( S2 p8 a
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The House of Representatives and Senate approved the measure and sent it to President George W. Bush to sign into law. - `8 E5 |. K% x1 h" I
8 O6 g& s; Z' ^) M" x( ?. _* n8 xThe bill, a compromise between earlier versions passed by the two chambers, would make it illegal for banks and credit card companies to make payments to online gambling sites. 6 L( R. [% p3 a/ B3 ?
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Democrats had accused Republicans of pushing the bill to placate its conservative base, particularly the religious right, before the November 7 congressional elections.
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"It's been over 10 years in the making. The enforcement provisions provided by this bill will go a long way to stop these illegal online operations," said Sen. Jon Kyl, an Arizona Republican and a chief sponsor of the measure.
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3 F% B, A! B( q Q/ }; @Negotiators from the Republican-led House and Senate reached a deal on the legislation Friday and attached it to unrelated legislation to bolster port security, which the Congress approved.
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( {! Y8 _ o! H& BThe final bill dropped earlier provisions opposed by some gaming interests that would have clarified that a 1961 federal law banning interstate telephone betting also covers an array of online gambling. 7 \- z. S5 l9 m' ]% Q D
$ M8 W" f& E0 V2 G1 G: m: t/ B- TInvestors in British-based gaming companies such as BETonSPORTS Plc, Partygaming Plc and 888 Holdings Plc have tracked the legislation.
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Senate Majority Leader Bill Frist, a Tennessee Republican and potential 2008 presidential candidate, recently appeared at a hearing in Iowa -- the state that holds the first presidential nominating contest for the 2008 election -- to listen to concerns about Internet gambling. |
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