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How Much is The Prohibition of Online Gambling Costing The Search Engines?
By Steve Baldwin - Tue, 06/16/2009
June 10, 2009, was the day when opposing forces clashed over the future of online gambling. First, U.S. authorities froze the online bank accounts belonging to some 27,000 online gamers as part of a general crackdown against illegal gaming and money laundering. Almost at the exact same moment, the European Union accused the U.S. of violating international trade rules by banning online gaming, going so far as demanding compensation for what EU-based gaming outfits claim is a $100 billion loss. At the same time, HR 6870, the Payments System Protection Act, which partially decriminalizes online gaming, was approved by a House committee and appears headed for a vote within days.
By Steve Baldwin - Tue, 06/16/2009
June 10, 2009, was the day when opposing forces clashed over the future of online gambling. First, U.S. authorities froze the online bank accounts belonging to some 27,000 online gamers as part of a general crackdown against illegal gaming and money laundering. Almost at the exact same moment, the European Union accused the U.S. of violating international trade rules by banning online gaming, going so far as demanding compensation for what EU-based gaming outfits claim is a $100 billion loss. At the same time, HR 6870, the Payments System Protection Act, which partially decriminalizes online gaming, was approved by a House committee and appears headed for a vote within days.
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