WASHINGTON (Reuters) - Most forms of Internet gambling would be banned under a bill that received final U.S. congressional approval early Saturday.) P; s5 p8 `1 [9 \
1 e- E2 L1 ]# I. UThe House of Representatives and Senate approved the measure and sent it to President George W. Bush to sign into law. 0 X! q; f8 c* c, ~9 {- T
2 e8 G* s# M) B/ n' m& p% e9 v
The 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. 7 Q, e) {/ N7 n8 E1 F
: }' N8 Z3 v6 p9 v& z4 c# v8 W) O' k' N0 \7 A" q5 K8 T
' a) ]) z- f& BDemocrats had accused Republicans of pushing the bill to placate its conservative base, particularly the religious right, before the November 7 congressional elections.
$ R. k" s1 a' c6 X
4 ?1 e* @8 C9 \"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.
- g7 ?. P# x( }( j( k
; `8 n5 ~% h" jNegotiators 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. : h& d8 U- I R" ^8 q
/ m# | E0 d/ E
The 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. ( @: ]9 h* A' e: z" c Q
& I+ P1 O0 h, B3 }0 ]! K
Investors in British-based gaming companies such as BETonSPORTS Plc, Partygaming Plc and 888 Holdings Plc have tracked the legislation. 3 h4 K4 n8 X, \- X; s" J$ H
8 |! _0 t/ d }/ p5 M! i9 uSenate 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. |
|