Online Poker is Multi-Billion Dollar Industry
In case you’ve been under a rock for the past five years or so, online poker has grown exponentially.� The estimates now are $3.3 Billion and the House of Representatives have just voted to Ban Internet Gambling.
As increasing numbers of U.S. adults head to virtual casinos and card tables, people are divided over
whether Internet gambling should be banned. Some 34 percent say they would support a ban, 32
percent said they would oppose one, and 34 percent remain undecided (see FastStats: Online
Olympics).� In a striking blow to the Internet gambling industry, on Tuesday afternoon the U.S. House of
Representatives approved H.R. 4411 on a vote of 317-93. Dubbed The Unlawful Internet Gambling
Enforcement Act of 2006, if signed into law it would force banks and credit card companies to stop
payments to the thousands of gambling sites located outside the United States.
The bill now heads to the Senate. “We think that’s entirely wrong,” said Michael Bolcerek, president of
the Poker Players Alliance. “We’re going to fight it.”
CEOs of Online Gaming sites such as Paradisepoker are getting arrested as they try to enter the United States.� Other CEOs like bodogpoker founder Calvin Ayre are just staying away.
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