Internet Gambling Fight: Should Congress Legalize Online Gambling to Boost Tax Revenue?

Putting a wager on online games is about to get a lot tougher. A federal law signed in 2006 will take effect June 1, prohibiting the use of credit cards, checks and other financial instruments for illegal, online gambling transactions. The law is designed to cripple the online poker industry by toughening enforcement of existing laws prohibiting gambling. But if a group of House Democrats gets its way, certain online games could become legal. Rep. Barney Frank, D-Mass., has introduced...Full Story
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