Thursday, April 26, 2007

UPDATE 1-U.S. bill aims to repeal Web gambling ban

(Reuters) - WASHINGTON, April 26 - Legislation that would lift an online gambling ban imposed by Congress last year was introduced on Thursday by the chairman of U.S. House Financial Services Committee.

Calling the Internet gambling prohibition "imprudently adopted," Democratic Rep. Barney Frank of Massachusetts outlined a bill to make it legal again for banks and credit card companies to make payments to online gambling sites.


Read more at Reuters.com Government Filings News

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