House Votes Yes On Internet Gambling Ban

The bill would eliminate many forms of Internet gambling and target middlemen such as Internet service providers, banks, and credit card companies that process payments and send money to the offshore Web sites.

By Laurie Sullivan
TechWeb.com
The U.S. House of Representatives voted Tuesday to restrict online gambling. In a 317 to 93 vote, the federal lawmakers approved a bill that seeks to eliminate many forms of Internet gambling, targeting Internet service providers and financial intermediaries, such as banks and credit card companies that process payments and send the money to offshore Web sites.

The Unlawful Internet Gambling Enforcement Act could cement a federal law to prohibit the processing of financial transactions related to online gambling, and in some cases force Internet service providers to block access to offshore gambling sites. The bill would make exceptions for state-run lotteries and horse racing....for more of the story from Information Week