SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : venturetech VTEH bullettin board -- Ignore unavailable to you. Want to Upgrade?


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