Gambling Amendment Rejected

Heller, Michele
September 2005
American Banker;9/16/2005, Vol. 170 Issue 179, p4
Trade Publication
Reports that the U.S. Senate blocked an attempt to prohibit gamblers from using credit cards, electronic fund transfers and other bank instruments to make bets with online casinos. Amendment offered to a government funding bill by Sen. Jon Kyl, a Republican from Arizona; Vote expected to be taken by the Senate that would block the Treasury Department from finalizing a regulation that would let banks offer real estate brokerage and management services.


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