House Panel Approves Internet Gambling Legislation
As reported by the Bloomberg News: "A House panel has approved legislation to toughen laws criminalizing Internet gambling, a preliminary step that may lead to enactment by Congress. "A Judiciary subcommittee voted unanimously Wednesday to endorse the Internet Gambling Prohibition Act, sponsored by two Virginia representatives, Bob Goodlatte, a Republican, and Rick Boucher, a Democrat. Bush administration officials in the Justice Department support the proposal. Online gambling's legal status in the United States is unclear under present law. "The measure would force U.S. financial institutions to cooperate with federal law enforcement authorities in shutting down illegal gambling sites based outside the United States."