Lawmakers failed June 25 to agree on setting a clear definition of illegal Internet gambling to go along with a ban on online betting passed in 2006. The Federal Reserve and the Treasury Department have been unable to finalize rules to implement the ban because Congress didn't clearly define online gambling when it passed legislation less than two years ago.
June 26, 2008 at 05:05 AM
1 minute read
The original version of this story was published on Law.Com
Lawmakers failed June 25 to agree on setting a clear definition of illegal Internet gambling to go along with a ban on online betting passed in 2006.
The Federal Reserve and the Treasury Department have been unable to finalize rules to implement the ban because Congress didn’t clearly define online gambling when it passed legislation less than two years ago.
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