House Passes Bill Aimed at Internet Gambling Payments

The ColumbianJuly 12, 2006

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Summary


WASHINGTON -- Internet gambling is big business and growing.

Just consider the numbers: Consumers worldwide currently spend $12 billion a year on Internet gambling, a figure that is projected to jump to $24 billion by 2010.

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Extract


House Passes Bill Aimed at Internet Gambling Payments

But lawmakers are hoping to stem that growth. On Tuesday, the House passed a bill that would forbid online gamblers from usin...

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