* * * * *
I guess this means no more living in a Gibsonian novel …
> At the 11th hour, Senate Majority Leader Bill Frist managed to attach his
> anti-gambling bill to the Ports Security Bill and both bills were
> subsequently passed through the Senate.
>
> The bill now only needs to be signed by President George Bush to become
> law, and it is widely expected he will sign it before congressional
> elections early in November to gain support from the political right.
>
> There are those that believe the Republican moves to restrict the
> accessibility of payments to online gambling institutions is more likely to
> be due to a desire to restrict the flow of money to overseas-owned gambling
> institutions, many of which are publicly listed on the UK Stock Exchange.
>
“Anti-Online Gambling Bill Approved by Congress [1]”
I received a call from R today, saying he got my message (about something
else unrelated to this entry) and to ask if I had been following recent
gambling related legislation. I told him no, I haven't, so he related the
news (see above) to me.
Obligatory Sidebar Links
* Congress' online gambling bill cuts Internet firms' stock value [2]
* EXPERTS SPEAK OUT ON ONLINE GAMBLING LAW [3]
* Online-gambling bill stuck [4]
Normally, this would elicit another “government can't tax it, so let's ban it
typical government” comment from me before going on with my life, but in this
case, it does affect me. I've mentioned once [5] or twice [6] that I help
manage some servers with hundreds of gambling related marketing sites, and if
this is actually passed into law and has any level of enforcement, it looks
like R may be closing up shop in 270 days (number of days sites have to
become compliant with the new law), since the majority of his income is from
hosting said hundreds of gambling related sites.
Sigh.
I'd hate to see it go, since despite [7] a few [8] problems [9], it's not a
hard job and it makes for some nice supplimental income (and some good
stories; I also doubt R makes much from the hundred or so non-gambling
related sites he also hosts).
But we'll see how this situation pans out in the coming months.
[1]
http://casino.pokernews.com/news/2006/10/anti-online-gambling-bill-
[2]
http://www.sbcbaptistpress.org/bpnews.asp?ID=24100
[3]
http://www.online-/
[4]
http://news.com.com/Online-
[5]
gopher://gopher.conman.org/0Phlog:2003/12/17.1
[6]
gopher://gopher.conman.org/0Phlog:2004/09/14.1
[7]
gopher://gopher.conman.org/0Phlog:2004/01/04.2
[8]
gopher://gopher.conman.org/0Phlog:2004/09/13.1
[9]
gopher://gopher.conman.org/0Phlog:2004/09/19.1
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