WASHINGTON (Reuters) - Most forms of Internet gambling would be banned under a bill that received final U.S. congressional approval early Saturday.# ]. i/ w h$ b% \' D0 A% [- t* ]
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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.
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+ H2 @2 x5 `/ y* ?4 vThe 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.
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3 T: ^5 I8 k4 T) b) S# X/ F lDemocrats had accused Republicans of pushing the bill to placate its conservative base, particularly the religious right, before the November 7 congressional elections. 3 }3 [* k4 A4 F; J) v
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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. 2 x Q% K a# s1 S; i( k# K) O
( F2 h; {; q& k" f4 ]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. & v% [7 N, U1 C6 f, Y4 i+ ~1 ~
3 K: \; ?- p# u0 `: j8 Q$ DThe 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. - }+ S Y7 f4 O3 P+ b# O: P7 ]8 e. n
+ B* D. m3 \( I. `8 [Investors in British-based gaming companies such as BETonSPORTS Plc, Partygaming Plc and 888 Holdings Plc have tracked the legislation. + `7 J" h$ x, g. S
! l/ g7 c+ a, }" |' \* NSenate 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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