Online Gambling Can Be Cut By The New Legislation

A new law waiting to be signed by President Bush, which was presented to the Congress that maintains the industry of $ 12 billion online gambling in the balance. It appears that Senator Bill Frist of Tennessee, presented the bill on Saturday to join the SAFE Port Act in Congress took a holiday for the election in November.

Unlawful Internet Gambling Enforcement Act, which should be signed by President Bush to stop virtually all sites of online gambling illegal by any company credit card or bank online payment system to process any payments made by the game of ‘ online gambling.

The new law states that online gambling sites are now forbidden to accept any type of check, credit card or electronic transfer of payments for Internet gambling in the United States and poses a serious industry in the chaos.

Surprised by the adoption of this new law crippling the industry leaders in online gaming has taken drastic steps and began to act in stock on the London Stock Exchange, which has erased $ 8 billion industry . PartyGaming, the biggest world of online games said they would cease their relationship with 920 000 active customers in the United States, they currently have when Bush actually signed the new law.

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