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July 31, 1997updated 03 Sep 2016 4:20pm

US SENATE MOVES TO PROHIBIT INTERNET GAMBLING

By CBR Staff Writer

The fear of widespread internet gambling, set to become a billion dollar industry, has galvanized the US Senate into action as realization has dawned that, with sites based off-shore the government would be unable to collect taxes. Republican Senator, Arizona, Jon Kyl is proposing a bill to extend the interstate prohibition of gambling by phone or wire to include computers and the internet. The bill calls for fines of up to $20,000 and four year prison terms for operators of internet gambling businesses. This is Senator Kyl’s second attempt to have internet gambling banned: he proposed a similar bill against internet casinos in March last year (CI No 3,055).

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