U.S. House Clears Anti-Internet Gambling Bill
matr0x_x writes "The U.S. has just moved one step closer to banning all Internet gambling sites when the US House of Representatives cleared an anti-Internet gambling bill yesterday. The bill is against a World Trade Organization ruling last August that stated the US must not block online gambling sites based overseas." From the article: " The bill, cleared by voice vote in the House Financial Services Committee, would prohibit a gambling business from accepting credit cards, checks, wire transfers and electronic funds transfers in illegal gambling transactions. Unlawful gambling, under the legislation, would include placing bets on online poker sites, for example, and any other online wager made or received in a place where such a bet is illegal under federal or state law."
Not the the bill actually cleared the House Financial Services Committee, not the House as the headline says. This means that it will go before the full House for debate.
Doesn't the POSTER even RTFA these days? This bill cleared the committee. In fact, there's a line in the article which states:
"The bill now moves fo the House floor for consideration."
Not that it's impossible it will pass anyway, but please guys, get it right. It's not that hard.
nothing really to stop you, except the difficulty involved in actually opening a british bank account, I had to spend almost 2 years in the uk recently and the hassle involved in opening an account is insane, and that's for someone with a UK passport who can walk into the branch. I was getting an apartment at the same time and the number of times i heard "well we can't hook up electricity until you have a bank account" or "we need a utility bill to open an account" was just nuts.
British banks generally require proof of residence (council tax or utility bills) to open a UK bank account so as to make life harder for money launderers, so this method won't be as easy as you think it is. Perhaps other countries (tax havens perhaps) have more lax banking laws which would make offshore gambling accounts feasable for the masses.
Also, members of the public are not normally eligible for an account with the Bank of England as it is more of a national financial institution (like the Federal Reserve in the USA) controlling national interest rates etc rather than a normal bank.