RIHI - Merger with Internet Gambling Co, - Worldnet Gaming Message Board

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Non-Tech : RIHI - Merger with Internet Gambling Co, - Worldnet Gaming

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To: Joe Copia who wrote (180)	3/23/1999 1:48:00 PM
From: Whisperer!	Read Replies (1) of 363

Kyl Bill Gets Makeover for 1999 Tue Mar 23 1999 CNET News reports that Sen. Kyl plans to introduce a revised version of his bill, the Internet Gambling Prohibition Act, in time for a subcommittee hearing on Net gambling today. Last year, the Senate voted 90-10 in favor of the Kyl Bill to ban online gambling in the US and to punish bettors and site operators alike, but the bill failed to clear Congress. Although gambling site operators still risk punishment if the revised bill passes, the positive news is that there is no longer a provision to punish “casual” bettors. In addition, the revised bill does not attack subscription-based gambling loops, fantasy sports leagues, overseas sites, state lotteries, powerball, horse racing, or Internet sports pools that are legal in the online bettor's state. Sue Schneider, chairwoman of the Interactive Gaming Council, comments: “They've managed to get every type of exception in there--I'm not sure it should be called the 'Internet Gambling Prohibition Act' anymore. But they took the casual bettor provision out, and that is a good sign.” CNET has the details.

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