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Non-Tech : Gambling, The Next Great Internet Industry -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (490)	2/20/2001 8:18:32 AM
From: Herc	Read Replies (2) \| Respond to of 827

The bill never made it out of committee last year. And already some credit cards companies ban their use for online gambling. But only because some of their customers have defaulted. If they paid their bills, then the credit card companies would love it. Plus momentum for internet gambling has grown since last year.

To: kidl who wrote (490)	3/7/2001 3:38:44 PM
From: Herc	Respond to of 827

The Leach bill ain't so bad after all. It only bans bank instrument use for "unlawful internet gambling". But it allows the states to make internet gambling lawful. This was pointed out in today's Investrend's ELOT report. From the Leach bill. <<UNLAWFUL INTERNET GAMBLING- The term `unlawful Internet gambling' means to place, receive, or otherwise make a bet or wager by any means which involves the use, at least in part, of the Internet where such bet or wager is unlawful under any applicable Federal or State law in the State in which the bet or wager is initiated, received, or otherwise made.>>