| |||||||
|
![]() |
| | LinkBack | Thread Tools | Search this Thread | Display Modes |
| | #1 (permalink) |
| Staff Join Date: Feb 2008
Posts: 8,354
|
WASHINGTON (Reuters) - The Federal Reserve is carefully considering all comments received on rules for a law banning bank and credit card payments to illegal Internet gambling sites, a Fed official said on Wednesday. Louise Roseman, the Fed's director of reserve bank operations and payment systems, told a House Financial Services subcommittee that the biggest subject of comments on the Fed's proposed rule is the lack of clarity on what constitutes unlawful online gambling. Roseman said gambling and financial industry commentators wanted to be told specifically which transactions should be blocked. "Clarity on this point would permit them to design policies and procedures that they could be assured would meet the rule's requirements," she said. "Still others, including some gambling businesses and many consumers, asked that the rule clarify that certain types of gambling, such as pari-mutuel betting or poker, are lawful." Read more of this online gambling article here...
__________________ ![]() What I Say Goes! Looking for a CREDIBLE Sportsbook that Accepts Credit Cards? Subscribe to Cappers Picks Forums RSS Feed -- HERE Subscribe to Cappers Picks Blog RSS Feed -- HERE Do you use Feedburner? Click Here! Free Picks By Email - Click Here! Twitter? Click Here Last edited by Qbins Missile Crisis; 04-02-2008 at 12:04 PM. |
| | |
![]() |
| Bookmarks |
| Thread Tools | Search this Thread |
| Display Modes | |
| |
| Links: NFL Picks | CFB Picks | NBA Picks | NCAAB Picks | MLB Predictions | Nascar Picks | Golf Picks | Horse Racing | Sportsbooks | Handicappers | Tools | Online Poker |