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US Outlaws Online Gambling

Posted by ryuzaki0 on from the you-bet-your-life dept.

imaginaryelf writes, "As reported earlier on Slashdot, in the closing hours of the US Congressional session on Friday, September 29, the Unlawful Internet Gambling Enforcement Act of 2006 (H.R.4411.RH) was attached to the Safe Port Act of 2006 H.R.4954.EAS. To the surprise of many, the bill passed both the House and the Senate, and Bush is expected to sign it into law this week. This effectively outlaws online gambling in the US, by way of making it illegal for credit-card companies to collect payments for bets. The financial markets punished the stock of online gambling companies as some prepared to pull out of the US entirely."

3 of 579 comments (clear)

  1. hooray. by kin_korn_karn · · Score: 4, Funny

    Thank God the congress knows how to protect me from the evil casinos! Four more years!

  2. impact on gambling stocks by Rude+Turnip · · Score: 4, Funny

    "The financial markets punished the stock of online gambling companies as some prepared to pull out of the US entirely."

    I bet they did. Shit, someone's knocking at my door.

    --
    Bill Clinton: Pimp we can believe in. - The Shirt!!!
  3. Politically incorrect and I don't care by MalleusEBHC · · Score: 5, Funny

    Why couldn't our nation have been started by someone cool instead of a bunch of lame Protestants.