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To: franco who wrote (272)	10/26/1997 8:34:00 PM
From: esecurities(tm)	Read Replies (1) of 913

(esecurities news alert) SENATE MOVES TO BAN ONLINE GAMBLING. by David Braun, TechWeb "WASHINGTON -- The U.S. Senate Judiciary Committee has given the red light to gambling on the Internet. The Internet Gambling Prohibition Act was approved by the committee in a voice vote on Thursday. The bill would penalize any person who, while engaged in the business of betting or wagering, knowingly uses a communication facility for the transmission or receipt in interstate or foreign commerce of bets or wagers. This includes the Internet. A person convicted of running such an operation would face up to four years in jail and a $20,000 fine. A gambler placing a bet online would face up to six months in jail and a $2,500 fine..." techweb.com

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