U.S. House to Vote on Anti-Online Gambling Act

SonicSpike writes to mention that the House is set to vote on an act designed to choke off the U.S. money flow to internet gambling. Though illegal here in the states, overseas operators are getting a good deal of business from individuals with U.S. bank accounts and credit cards. From the article: "The legislation would make it illegal for banks and credit card companies to make payments to these sites. It also allows law enforcement officials to force Internet service providers to remove links to the websites. Many major credit card companies already refuse to process such payments. Opponents of the bill, including online gambling sites and a new group representing U.S. poker players, noted the growing popularity of Internet gambling and predicted that people would continue to sidestep laws."

Comments

Re:Idiots

[arivanov]

Idiots but for another reason.

This is a very interesting item as far as globalisation is concerned because a number of countries where gambling is a major industry have filed a WTO case against the US for restricting free trade. More specifically it is related to stopping credit card payments to entities in these countries by Visa and MasterCard. Any congress intervention before the WTO proceedings are complete is putting the US on a deliberate collision course with the WTO.

Also, it is a classic case of double standard. Free trade which lines the pockets of an American corporation is OK. Free trade which cannot line the pockets of an American corporation and goes to other nations is not OK. And god forbid if it is against the beliefs of the taleban elders.