[LINK] SMH: 'US bans offshore online gambling'

Kim Holburn kim at holburn.net
Tue Oct 3 17:13:08 AEST 2006

I was listening to NPR on this.  They were saying that it was about  
making it illegal for credit card companies to transfer money as a  
result of on-line gambling.  I was wondering how they would stop  
something like an off-shore pay-pal that was set-up for other non- 
gambling purposes as well as gambling.

I'm not sure how useful this really will be.  It could push a lot of  
money into non-legal channels.

On 2006 Oct 03, at 11:04 AM, Kim Holburn wrote:

> I seem to remember (from watching that famous John Stewart episode  
> recently) that it doesn't include on-line gambling on horse racing  
> for some obscure reason.  Of course that could have changed when  
> the actual bill got passed.
> On 2006 Oct 03, at 10:40 AM, Robin Whittle wrote:
>> I wonder how the legislation distinguishes between "gambling", the
>> futures market and the stock market.
>>   - Robin          http://www.firstpr.com.au

Kim Holburn
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