WASHINGTON (Reuters) - Most forms of Internet gambling would be banned under a bill that received final U.S. congressional approval early Saturday.
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% I( T1 H6 x8 ^7 s1 kThe House of Representatives and Senate approved the measure and sent it to President George W. Bush to sign into law. ! `2 ?4 L3 w* N' t' [; y
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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. , }5 {6 x. G2 r( l
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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. 7 G9 @0 z9 h9 S2 H; A+ B7 ?
0 d# A) R+ `# S s, [' H$ v& w7 s"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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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. * [* c$ N/ X- p6 `
4 A, a' k# { Y( {2 |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. 7 [9 U! E' b$ ]; \5 Q) }
, a2 _" h% F4 y- b" S! B9 DInvestors 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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