Regulators Claim Online Gambling Ban Won’t Work
March 4, 2008 – 10:03 amCindy Skrzycki of the Washington Post wrote an article recently on past Internet gambling legislation (the Unlawful Internet Gambling Enforcement Act) and why it probably won’t work.
According to her report, “Officials at the Treasury Department and the Federal Reserve found that out after sifting through more than 200 comments from banks, gamblers, church groups and members of Congress on recommendations for the Unlawful Internet Gambling Enforcement Act of 2006. The basic sentiment was that their Oct. 4 proposal, which depends on financial institution enforcement, won’t work.”
Source Gambling911.com


