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Something tells us that it's no bluff

Relax, your World of Warcraft addiction is safe. Your Party Poker addiction, however, is in a bit of peril as U.S. Congress passed legislation to end Internet gaming (gambling). More specifically, the House of Representatives and Senate over the weekend approved a bill that would make it illegal for banks and credit-card companies to make payments to online gambling sites.

International online gaming companies PartyGaming Plc, Sportingbet, and 888 Plc are likely to pull out of the United States. According to this Reuters report, PartyGaming generates about 78 percent of its revenue from the United States, while Sportingbet gets about 62 percent there. More details from this Citywire story

Provisions in the bill, in a section labelled the 'Unlawful Internet Gambling Enforcement Act of 2006', outlaw the processing of payments between US gamblers and on-line gaming companies. Although the act makes unlawful the receipt by a gambling business of proceeds or money in connection with unlawful internet gambling, it does not clarify the definition of unlawful gambling. But PartyGaming says that if the bill is signed it will be practically impossible for it to provide US residents with access to its real money poker and other real money gaming sites.

Analysts say that this law won’t go unchallenged, but for now, President Bush’s signature looks to be the nail in the coffin.



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Waste of time...
By Einy0 on 10/2/2006 11:34:52 PM , Rating: -1
(Congress) Hey let's waste an ass load of time and money on something most people don't care about... hmmm... let's see... Let's make it illegal for credit card companies to pay gambling companies. Ok... sure sounds fucking great!!! Besides the dumbasses who run Casinos will thank us cuz they can't figure out how to compete on the internet. I'm sure that dumb fuck in the white house will approve this...

Let's rename the USA the United States of Christian Bullshit!

I'm not even a gambler and I'm disgusted




RE: Waste of time...
By Burning Bridges on 10/3/2006 3:49:36 AM , Rating: 2
I was going to agree with you, but then I read
quote:
Let's rename the USA the United States of Christian Bullshit!

and I realised you where an idiot.


RE: Waste of time...
By abochman on 10/4/2006 11:32:34 AM , Rating: 2
quote:
and I realised you where an idiot.


But at least he might know the difference between where and WERE.


RE: Waste of time...
By 05SilverGT on 10/3/2006 1:02:51 PM , Rating: 2
Agreed, this is a total waste of tax payer money. There are so many other things to address before this.


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