• Rep. Bachus' online gambling ban gets last-minute assist from ... - al.com

[I Heart Gambling Online]

WASHINGTON - One man's midnight rulemaking by the outgoing Bush administration is another's long overdue governing.

For U.S. Rep. Spencer Bachus, new rules restricting financial transactions for online wagering are a welcome parting shot in his long-running bid to outlaw Internet gambling. The Department of the Treasury and the Federal Reserve Board recently issued details on how banks can follow a 2006 law banning certain types of online betting.

"No longer will the offshore gambling interests benefit from turning any computer into a casino that is available every minute of the day," the Vestavia Hills congressman said when the rule was issued earlier this month.

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