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WASHINGTON — (PRESS RELEASE) On June 24, 2008, the House Committee on Financial Services will mark up legislation, H.R. 5767, that would prohibit the Department of the Treasury and Federal Reserve System from proposing, prescribing or implementing any regulations related to the current ban on Internet gambling, as required by the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).
CHINA — As reported by the Brisbane Times: “The International Olympic Committee has introduced new anti-gambling measures to quash any suspicion about results at the Olympic Games in China - a country that has an annual gambling turnover of $US100 billion.
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