House Votes to Block Web Gambling Payments
WASHINGTON (Reuters) - The U.S. House of Representatives voted on Tuesday to outlaw credit-card payments to Internet casinos, hoping to choke the offshore gambling sites that draw billions of dollars from U.S. customers.
The House passed the measure by a vote of 319 to 104, overriding the objections of lawmakers who said it could encourage online bets on horse racing, lotteries and other forms of state-approved gambling untouched by the measure.
The bill did not include criminal penalties but supporters hope to add them after the Senate passes its bill. The Senate Banking and Finance Committee has held hearings on a similar bill but has not yet scheduled a vote.
Wild bill states:
In the end the House passed Oxley's bill because behind closed doors they convinced enough people that they can add a bunch of provisions in real backhanded ways. This news story pretty much says it all. They took the path of least resistance hoping to put up their fight later so its essentially round 2 starting when the Senate takes it up. The preliminary sense is of two things. First of all most in the Senate think they have better things to do than this. Second the zealousness of the issue is less noticeable. Kyl isn't really a huge backer of this, he just is going along for now because this is as good as they can do. He has been made quite aware of how weak the proposed changes are and even more importantly he apparently has some tribal interests since they are huge Arizona donors. What kind of criminal penalties might be added is completely unknown. One lobbyist thinks they must have had some strategy in mind, that someone on the committee in the Senate gave them some assurances.
In the end I have said it over and over, the bill AS IS, is a nothing piece of legislation. Its worthless and they can go ahead and pass it for all most involved could care. Even if they put penalties on them, its almost certain to be like the wire act, only affecting "businesses engaged in sports betting". So as long as people offshore just keep using fake names or putting a Tico name on the business as a managing partner, this won't do a thing that isn't already done. People offshore are assuredly smarter than these lawmakers think, they will create payment solutions that just run circles around this...
Just goes to show that these guys will insist on wasting thier time passing laws to impose thier will on us. Why daoes what we want never matter??? Bunch of half a**holes they don't even amount to a whole a**hole!!
WASHINGTON (Reuters) - The U.S. House of Representatives voted on Tuesday to outlaw credit-card payments to Internet casinos, hoping to choke the offshore gambling sites that draw billions of dollars from U.S. customers.
The House passed the measure by a vote of 319 to 104, overriding the objections of lawmakers who said it could encourage online bets on horse racing, lotteries and other forms of state-approved gambling untouched by the measure.
The bill did not include criminal penalties but supporters hope to add them after the Senate passes its bill. The Senate Banking and Finance Committee has held hearings on a similar bill but has not yet scheduled a vote.
Wild bill states:
In the end the House passed Oxley's bill because behind closed doors they convinced enough people that they can add a bunch of provisions in real backhanded ways. This news story pretty much says it all. They took the path of least resistance hoping to put up their fight later so its essentially round 2 starting when the Senate takes it up. The preliminary sense is of two things. First of all most in the Senate think they have better things to do than this. Second the zealousness of the issue is less noticeable. Kyl isn't really a huge backer of this, he just is going along for now because this is as good as they can do. He has been made quite aware of how weak the proposed changes are and even more importantly he apparently has some tribal interests since they are huge Arizona donors. What kind of criminal penalties might be added is completely unknown. One lobbyist thinks they must have had some strategy in mind, that someone on the committee in the Senate gave them some assurances.
In the end I have said it over and over, the bill AS IS, is a nothing piece of legislation. Its worthless and they can go ahead and pass it for all most involved could care. Even if they put penalties on them, its almost certain to be like the wire act, only affecting "businesses engaged in sports betting". So as long as people offshore just keep using fake names or putting a Tico name on the business as a managing partner, this won't do a thing that isn't already done. People offshore are assuredly smarter than these lawmakers think, they will create payment solutions that just run circles around this...
Just goes to show that these guys will insist on wasting thier time passing laws to impose thier will on us. Why daoes what we want never matter??? Bunch of half a**holes they don't even amount to a whole a**hole!!
