TheGeneral
From the SF Chronicle:
Online gambling sites are based primarily overseas because most aren't allowed in the United States. But the legislation, which passed 317-93 with the backing of a bipartisan majority, tries to strangle the betting sites by making it illegal for those businesses to accept payments via credit cards, checks or from electronic payment services. Banks would be required to try to block such transactions, and the Treasury Department and Federal Reserve would have to come up with enforcement rules. Criminal penalties for violations could include up to five years in prison.
Banks would be required to try to block such transactions, and the Treasury Department and Federal Reserve would have to come up with enforcement rules. Criminal penalties for violations could include up to five years in prison.
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