Bush Signs Bill Banning Internet GamblingAuthored by Robert Spears on October 13, 2006 - 1:21pm.
Washington, DC - President Bush today signed into law a ban on online wagering. The legislation was included in the SAFE Port Act. The decision by the Republican majority to lump the Internet gambling ban onto the bipartisan ports bill had drawn loud criticism from industry groups for the legalization and regulation of online gambling. Opponents of the new law include Poker Players Alliance a grassroots advocacy organization of more than 110,000 poker enthusiasts. "Today is a dark day for the great American game of poker," said Michael Bolcerek, president of alliance. "Congress had a real opportunity to create good public policy by licensing, regulating and taxing Internet poker... This decision will prove to be detrimental in the long-run and leaves more than $4 billion in annual tax revenue on the table." The legislation contains specific exemptions for Internet wagers on horse racing, state lotteries and fantasy sports.
http://news.yahoo.com/s/nm/20061013/pl_nm/security_bush_dc_1 http://biz.yahoo.com/prnews/061013/dcf009.html?.v=70 http://www.pokerplayersalliance.org |
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