Lawmakers told US Internet gambling ban hard to enforce - Raw Story

A law that bans US banks and financial companies from handling Internet gambling bets may turn out to be an enforcement nightmare, a congressional hearing was told Wednesday.

The hearing by the House Financial Services Committee examined progress in implementing a law passed in 2006, which outlaws US banks and credit card companies from processing Internet bets.

Valerie Abend, a US Treasury official, said the agency is "making progress" but has still not come up with final rules to implement the law after numerous complaints from financial services firms during a public comment period.

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[chuck]

I was told that since the bet is placed outside of the country that its fine, since its a business type transaction. I think this might be the reason many people are unsure and never try to bet online for anything now, everyone is a little worried if its legal or not.

[Sampson]

I agree, Chuck. I think that people are very weary over whether to bet online or not because they don't want to get themselves into any trouble. The internet can be misleading sometimes, I guess.