WASHINGTON (Reuters) - Most forms of Internet gambling would be banned under a bill that received final U.S. congressional approval early Saturday.6 h" S+ i8 H ?* K- I# i3 i
3 V* R9 f( D! Q- p" |4 L
The House of Representatives and Senate approved the measure and sent it to President George W. Bush to sign into law. # o1 T2 Q& [; I3 S
# p1 u% h- G# H4 T5 nThe 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. F9 B! ~) E8 W' h0 }) ^
a' b! e; W( G7 h6 V3 j0 {, `
0 R0 B5 y5 ?; j2 B' U" V( k/ f) t: o% F
Democrats had accused Republicans of pushing the bill to placate its conservative base, particularly the religious right, before the November 7 congressional elections. , Z+ k1 e2 q. a8 O0 k
/ z" U& Y q- a- a1 w4 G$ \7 M"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.
9 k- w) B+ G% s/ b, ^' Q$ [( [. u& o* j3 ?9 m, |/ T, A, `# T
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.
6 T" r4 L) H7 X' A, V4 I$ ^5 d( O2 o+ P% m# b2 K* M
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. M$ w, H0 Y7 s8 R) t
5 W* m0 t; {( Y$ uInvestors in British-based gaming companies such as BETonSPORTS Plc, Partygaming Plc and 888 Holdings Plc have tracked the legislation. . k" b q3 u9 b1 E9 x0 y
6 S, i# b9 e. y8 {8 A# Y
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. |
|