October 03, 2006
3-Oct-06. U.S. Congress deals harsh hand to online gaming. Edmonton Journal, F1.
A move by the Congress to ban online gambling in the United States caused $7-billion in stock market losses yesterday and devalued shares in Canadian gambling software company CryptoLogic Inc. In Britain, where many Internet gambling companies trade, the top three companies announced they were pulling out of the United States completely. The U.S. House of Representatives and Senate approved the bill to make it illegal for banks and credit card companies to make payments to online gambling sites.
