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There's a fresh law waiting to be closed by Leader Bush that was shown to Congress that's holding the $12 thousand online gambling market by way of a thread. It appears that Tennessee Senator Bill Frist, presented the bill on Saturday by joining it to the Safe Slot Behave before Congress needed its election break in November.
The Unlawful Internet Gaming Enforcement Behave that's anticipated to be signed by President Bush, can virtually complete all on the web gaming internet sites by which makes it illegal for any bank, charge card organization or on the web cost process to method any payments being built to online gaming companies.
The brand new legislation claims that Online Gaming websites are now forbidden from acknowledging almost any always check, bank card or electronic move payments for net gaming in the US and seriously puts the in chaos.
Amazed at the driving of this new debilitating legislation, the leaders in the web gaming market took severe actions and started to industry down stock on the London Stock Change which deleted $8 million from the industry. PartyGaming, the world's biggest online gaming website stated that they would cease their ties with the 920,000 active US customers they currently have only if Bush really signs the new act.
