New US plan to ban internet bets - GoFuckYourself.com

DVTimes · 02-17-2006, 03:40 PM

http://news.bbc.co.uk/1/hi/business/4723814.stm

US politicians have launched a fresh bid to stop overseas internet gambling sites reaching American users.
The move comes in the shape of a new bill being introduced in the House of Representatives with support from both Republican and Democrat members.

The bill aims to extend existing laws that ban interstate telephone gambling.

It would, however, fall foul of a World Trade Organization ruling last August that the US must not block online gambling sites based overseas.

Caribbean complaint

The WTO made the ruling after backing a complaint made against the US by the Caribbean island of Antigua, which is home to a number of internet betting websites.

Under the WTO ruling, the US was given until April of this year to bring its legislation into line or else face sanctions, such as fines or tariffs.

America could, however, choose to ignore the WTO ruling and accept the sanctions.

The proposed new law has only just been put forward, and if it were to pass through the House of Representatives, it could still be rejected by the Senate.

Prison sentences

Rep. Rick Boucher, a Democratic member for Virginia, is one of the main politicians backing the ban.

"These internet gambling websites typically operate offshore and often serve as a prime vehicle for money-laundering and other criminal enterprises," he said.

The planned US legislation would specifically prohibit a gambling business from accepting credit cards, cheques, wire and internet transfers in illegal gambling transactions.

It would also set a maximum prison sentence of five years for violations.

Online gambling has surged in global popularity in recent years, leading a number of such firms to float on stock markets around the world.

After Shock Media · 02-17-2006, 03:43 PM

Seriously what kind of sanctions, fines, or tarrifs could be imposed on the US that would really matter?

I am against such regulation though I understand gambling is in the pocket of an assortment of US companies that wish to make sure they have as little competition as possible. Unfortunatly these companies also have a great deal of lobbiest.

Sosa · 02-17-2006, 03:44 PM

fuck em in the ass

Pornwolf · 02-17-2006, 05:06 PM

Isn't it already illegal... now they just wanna include poker.

Heh, good luck with that. They did a bang up job stopping people's grandparents from plaing blackjack online.

02-17-2006, 03:40 PM	#1
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,573	New US plan to ban internet bets http://news.bbc.co.uk/1/hi/business/4723814.stm US politicians have launched a fresh bid to stop overseas internet gambling sites reaching American users. The move comes in the shape of a new bill being introduced in the House of Representatives with support from both Republican and Democrat members. The bill aims to extend existing laws that ban interstate telephone gambling. It would, however, fall foul of a World Trade Organization ruling last August that the US must not block online gambling sites based overseas. Caribbean complaint The WTO made the ruling after backing a complaint made against the US by the Caribbean island of Antigua, which is home to a number of internet betting websites. Under the WTO ruling, the US was given until April of this year to bring its legislation into line or else face sanctions, such as fines or tariffs. America could, however, choose to ignore the WTO ruling and accept the sanctions. The proposed new law has only just been put forward, and if it were to pass through the House of Representatives, it could still be rejected by the Senate. Prison sentences Rep. Rick Boucher, a Democratic member for Virginia, is one of the main politicians backing the ban. "These internet gambling websites typically operate offshore and often serve as a prime vehicle for money-laundering and other criminal enterprises," he said. The planned US legislation would specifically prohibit a gambling business from accepting credit cards, cheques, wire and internet transfers in illegal gambling transactions. It would also set a maximum prison sentence of five years for violations. Online gambling has surged in global popularity in recent years, leading a number of such firms to float on stock markets around the world. __________________ The Affiliate Program

02-17-2006, 03:43 PM	#2
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	Seriously what kind of sanctions, fines, or tarrifs could be imposed on the US that would really matter? I am against such regulation though I understand gambling is in the pocket of an assortment of US companies that wish to make sure they have as little competition as possible. Unfortunatly these companies also have a great deal of lobbiest. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

02-17-2006, 05:06 PM	#4
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	Isn't it already illegal... now they just wanna include poker. Heh, good luck with that. They did a bang up job stopping people's grandparents from plaing blackjack online. __________________ I've trusted my sites to them for over a decade... Webair, bitches.

02-17-2006, 03:44 PM	#3
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	fuck em in the ass